by Gaurav Mehrotra | Aug 8, 2021 | CEO / Owner, Insurance, News, Podcast
Executive Summary There exists an insurance product to mitigate the risk associated with catastrophic failure of a construction company. It’s called Project Loss Insurance. Tell me more about this insurance. Project Loss Insurance (PLI) is a product that covers...
by Gaurav Mehrotra | Jul 1, 2021 | Engineering, Podcast
Executive Summary In a world now so heavily reliant upon computers, many construction professionals try to automate the entire process, of whatever they may be working on. Some things will still have to be manual, and that’s ok. The Problem The problem here is that I...
by Gaurav Mehrotra | Jul 24, 2020 | Cost Controls, News, Podcast
Executive summary. Field overhead carries different names with different contractors and owners. Discussed here is what field overhead is, and why it’s important for owners to understand. Project estimation. When a construction project is estimated, a good estimate...
by Gaurav Mehrotra | May 8, 2020 | Cost Controls, Podcast, SJCC
Executive summary. Most traditional bond rates have two variables in their cost: the contract value and the time threshold. Do not forget to include both in time extension negotiations. What’s in a bond rate? The bond rate from your surety agent comes in two parts:...
by Gaurav Mehrotra | Mar 18, 2020 | Management, SJCC
Executive summary. The management structure of sizable projects usually involves four major parties: the owner, the construction manager, the designer, and the contractor. Here’s how project management is structured and what the parties’ responsibilities are in two...
