2023: So Far, So Good?
For contractors, the answer likely lies in whether or not you are getting in on publicly funded work related to manufacturing and infrastructure. In contrast to strong gains in these sectors, work in the…
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What Did You Say? Change Order Disputes!
Disputes are bad for business–obviously. Nonetheless, sometimes avoiding them is easier said than done in the contracting business. Insiders share tips on preventing shifting plans from spiraling into costly and disruptive disputes. Stop…
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Mini Excavators: Rent or Buy?
Size, versatility and endless attachment options make mini excavators a go to for many contractors. Nonetheless, the “rent or buy” decision making can be head scratching. Business plans, emergent opportunities, the lure of shiny…
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Roller Coaster Ride: Material Costs
Though the pandemic related disruptions and associated rising costs of materials peaked in 2022, analysts recommend contractors “keep their seatbelts fastened,” as demand is likely to make estimating material costs feel like a roller…
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Slow Down: Takeoff
Though it’s tempting to rush right through takeoff and onto estimation, it’s best to exert extra care at takeoff. Without a strong foundation, projects can go awry fast, impacting the bottom line and even…
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Bidding To Win
Estimation errors, failure to understand the plans or address aspects of the application and mistakes related to the bond requirement can all lead to rejection. You could even end up regretting a win, if…
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Strategic Action: Next Gen Workers
With the population as a whole aging, the construction industry is ever more compelled to welcome in the workforce of the future. Already, some contractors report turning down work due to an absence of…
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Collaboration Is Key: Building Departments
If there is anything more damaging to contractors then idle equipment on a construction site, perhaps, as experts point out, it is a tendency to somehow ignore the problem. Let’s remember, failure to monitor…
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Collaboration Is Key: Building Departments
Proactively establishing relationships with the local building department is essential for running a contracting business successfully. Knowing and following the department’s standards helps to prevent delays, penalties, legal challenges and backtracking on projects. Of…
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