by Gaurav Mehrotra | Feb 2, 2021 | Estimating, News, Podcast
Executive Summary When an owner determines the method of award is that the low bid wins, they shouldn’t expect contingency in a contractor’s bid. Here’s what they should expect. What is Contingency? If you go to google.com and type in “definition of contingency” you...
by Gaurav Mehrotra | Aug 13, 2020 | Accounting, Financial, News
Executive Summary There are basic differences between cash and accrual accounting. Here’s a quick review. What is Accounting? Sounds simple, right? It’s just keeping track of money in a business. And money only does one of two things – it either goes in the bank...
by Gaurav Mehrotra | Jul 31, 2020 | Cost Controls, News, Podcast
Executive summary. An accurate job cost projection is vital to Company survival. And it’s not too complicated if you know the budget, the timing of your costs, and can do a little bit of estimating. It’s NOT about blindly relying on quantities completed! What’s a...
