Construction Law

DECEMBER 12, 2024

The Competition and Markets Authority (CMA) has raided several construction sites and offices to gather evidence for a bid rigging investigation focussing on roofing contracts at schools. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Bidding 40

Bidding Contract Accounting News 40

Safety Services Company

DECEMBER 1, 2023

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. How Your Safety Record Can Edge Out Competition What can set your construction company apart when project qualifications appear equal when bidding for projects? Consider this! Here’s where things change.

Safety 126

Safety Bidding Contract Liability 126

BD+C

APRIL 9, 2021

The Blue Book Network Velocity Index is a measure of month-to-month changes in bidding activity in The Blue Book Network, accounting for seasonality, providing a leading indicator of construction spending to inform critical decision making. . . This the most stable the Index has been since before the pandemic began. .

Bidding 111

Bidding Construction Accounting 111

Construction Law

JANUARY 9, 2025

The Competition and Markets Authority (CMA) reports success with a pilot scheme using Artificial Intelligence to spot bid rigging by contractors and warns of significant risks to public procurement from the illegal activities. See the panel to the right. Subscribers to the printed magazine get access to the entire Construction law website.

Bidding 40

Bidding Procurement Accounting News 40

Construction Business Owner

MAY 27, 2015

New competitors created downward pressure on bid pricing, which radically reduced opportunities to replace backlog at reasonable margins for new projects. During the economic downturn, demand for construction plummeted, forcing contractors to face a new normal.

Accounting 120

Accounting Bidding Contractors Construction 120

Job Order Contracting

MARCH 20, 2025

MasterFormat, accounts for specific details of practical knowledge and terminology inclusive of means nd methods, and is primarilpy used at stages of a project where enough particulars and specific work scopes have been established, such as when a project is ready for procurement, or for the development of a reliable cost.]

Estimating 147

Estimating CSI Procurement Organization 147

Job Order Contracting

MAY 8, 2017

Job Order Contracting versus Design Bid Build can help to measurably improve construction productivity, quality, delivery times, and overall satisfaction for all participants. Job order contracting saves significant time and improves quality, consistency, and overall satisfaction vs. traditional design-bid-build. Higher productivity.

Bidding 100

Bidding Contract Design Procurement 100

Job Order Contracting

MAY 6, 2022

The traditional practice of design, bid, build has proven antagonistic, costly, and unsustainable. Furthermore, there is a pervasive lack of accountability and oversight. The “system” is broken. Nonetheless it remains the norm. Therin lies the rub. contact-form].

Construction 261

Construction Bidding Renovating Budget 261

Job Order Contracting

FEBRUARY 3, 2022

All prequalified contractors invited to bid should submit sealed bids based on one or more adjustment factors / coefficients to the unit prices listed in the approved JOC unit price book (UPB). This will create a level of oversight and accountability at all levels of the program. The post Considering a Job Order Contract?

Contract 262

Contract Bidding Organization Consulting 262

Job Order Contracting

MARCH 1, 2022

Items included in a JOC coefficient (also known as a “Bid Factor”). Adjustment factors to account for small jobs. Specific instructions as to what may be included in a JOC coefficient should also be listed in detail in the associated Request of Proposals (RFP) for Job Order Contracting construction services. Materials.

Insurance 264

Insurance Compensation Overhead Security 264

Job Order Contracting

AUGUST 17, 2023

Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment. Validate Contractor and Subcontractor Quotes Obtaining comparative bids on all subcontracted work will not provide sufficient cost visibility. Controlling Construction Costs is not rocket science 1.

Travel 241

Travel Construction Subcontracting CSI 241

Construction Business Owner

SEPTEMBER 29, 2021

When the expense management process runs smoothly, your crew can keep jobs running, the accounting team can bill customers promptly and close the books on time, and your management team has the right data to manage budgets and bid future jobs. Streamline the accounting process. Accounting & Finance. Promote to rotator No.

Management 291

Management Virgin Islands Cash Flow Puerto Rico 291

Job Order Contracting

DECEMBER 10, 2022

OpenBUILD(TM) is The ONLY Construction Integrated Project Delivery Solution with Locally Researched Cost Visibility with Program Management, Contract Management, Proposal/Bid/Estimate Management, Workorder Management , Project Management, Document Management, Team Management, Issues/Task Management, Workflow Management, and BIM integration.

Procurement 264

Procurement Construction BIM Change Orders 264

Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Bidding Smarter and Winning More Work.

Construction 241

Construction Software Software Cash Flow 241

Construction Business Owner

AUGUST 25, 2022

Estimating is the backbone of a construction project, and it’s essential to get it right to win bids. STACK also offers the ability to create multiple estimates per project for alternate bids. Once installed, the plug-in brings up a list of cost-centered reports that are in your STACK account. Create your free account today. .

Estimating 296

Estimating Overhead Software Software 296

Pro Builder

SEPTEMBER 27, 2021

Bidding Wars Wane as First-Time Buyers Stop Looking. Mon, 09/27/2021 - 11:27. A variety of factors are causing buyers to step away: lack of affordable homes, especially at price points below $250,000; single-family homes priced at $250,000 and below made up 29% of single-family existing-home sales in 2021.

Bidding 98

Bidding Finance Accounting Resource 98

Viewpoint Construction Technology

MAY 23, 2017

With these improvements to an already robust set of core functions—from takeoff and estimating through job cost accounting and project management, and ultimately for critical reporting and analysis— ProContractor 3.9 Click here to review the release training: ProContractor 3.9 Release Training.

Life Cycle 130

Life Cycle Viewpoint Bidding Project Management 130

Job Order Contracting

OCTOBER 25, 2021

The only obstacle, which apparently has been insurmountable for decades, is public sector real property owner leadership, accountability, and commitment for improvement. Do not pit on person or team against one another, do not “bid shop”. Encourage collaboration, teamwork, and problem solving. Leverage technology. The Future.

Renovating 263

Renovating Procurement Budget Budgeting 263

Construction Enquirer

JULY 23, 2023

Veteran house builder Jolyon Harrison has been appointed as CEO at cash-strapped Inland Homes in a bid to turn the business around. Inland has delayed publishing its latest results for the year to September 2022 while a series of accountants go through transactions in the books and losses are expected to hit £91m.

Bidding 80

Bidding Housing Banking Profitability 80

Job Order Contracting

APRIL 3, 2021

Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc. MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes.

Estimating 239

Estimating Construction Procurement Renovating 239

Job Order Contracting

AUGUST 9, 2020

“Problems within the methodology, unfortunately, will continue to arise as standardized estimation tools (CCI) simply cannot account for the unique characteristics of individual states. Unfortunately, the accuracy of program-wide CCIs occasionally led to swings of ±20 percent after projects had gone through the bidding process.

Estimating 264

Estimating New Mexico Denver Engineering 264

Job Order Contracting

AUGUST 4, 2023

2013) “ Problems within the methodology, unfortunately, will continue to arise as standardized estimation tools (CCI) simply cannot account for the unique characteristics of individual states. Unfortunately, the accuracy of program-wide CCIs occasionally led to swings of ±20 percent after projects had gone through the bidding process.

Estimating 238

Estimating Construction United States New Mexico 238

Viewpoint Construction Technology

JULY 19, 2018

Construction organizations are relying on modern software for accounting, field management, project management, bid management, design and more. The good news, though, is that more and more contractors are looking for ways to improve productivity with technology, and many are seeing quite a bit of success.

Viewpoint 221

Viewpoint Project Management Software Software 221

Building Radar

NOVEMBER 18, 2024

Building Radar’s project data ensures that firms can access real-time updates on transit developments, enabling them to optimize their bidding strategies real-time project insights. Enhanced Market Insights : Leverage predictive analytics to identify high-value projects and optimize bid submissions data-driven project strategies.

California 52

California Los Angeles San Francisco Roads 52

Job Order Contracting

APRIL 4, 2024

Let’s break down what this means: Job Order Contracts (JOC) Definition : JOC is a type of procurement process used by public agencies to accomplish a large number of small to medium-sized projects with a single, competitively bid contract. It should be used to account for contractor overhead and profit.

Overhead 187

Overhead Profitability Contract Contractors 187

Safety Services Company

DECEMBER 31, 2024

Ongoing Account Management Dont just achieve compliancestay compliant. With our team handling the details, youll have more time to focus on growing your business, winning bids, and impressing hiring clients like Mohawk Industries. We save you time, money, and the headaches of going back and forth.

Industrial 127

Industrial Contractors Insurance Safety 127

Viewpoint Construction Technology

MAY 7, 2019

The cost of materials can rise and fall daily, whether during the bid progression, the procurement process or the building phase. Accounting for all of the materials tickets produced by aggregate and lumber haulers can be a challenge. Maximizing Materials Management. Spectrum’s intuitive Spectrum Ticketing solution.

Materials 247

Materials Software Software Management 247

Job Order Contracting

JULY 24, 2023

Zero credible cost visibility and inability to enable cost management… another instance of Government attempt to compete with the private sector and lack of capable and continuous accountable leadership. Real property owner capacity, commitment, and accountability are fundamental requirements.

Defense 182

Defense United States Inspections Accounting 182

Building Radar

NOVEMBER 18, 2024

By calculating the fully burdened labor rate, contractors can ensure that all labor-related expenses are accounted for when bidding on projects fully burdened labor rate. This proactive approach helps in optimizing project bids and improving win rates.

Construction 52

Construction Insurance Profitability Bidding 52

Lets Build

JUNE 3, 2022

Want to find more commercial project leads, discover better jobs to bid on, and land those big contracts? We’ll discuss the best websites and bidding platforms where you can find commercial construction leads in 2022. Use these bidding platforms to find commercial construction leads. Free eBook: 6 keys to staying competitive.

Commercial 146

Commercial Construction Bidding Contractors 146

Construction Law

DECEMBER 5, 2024

High Court judge Mrs Justice Lieven has thrown out a bid to challenge the nuclear regulator’s decision to issue a licence for the proposed Sizewell C plant as ‘totally without merit’. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Accounting 40

Accounting News Bidding Site 40

Construction Enquirer

APRIL 25, 2023

. “With the tender period for this framework expected to fall across the school holidays, we have increased the tender period to 10 weeks to make sure bidding doesn’t interfere with people’s home lives or increase stress unnecessarily.”

Bidding 75

Bidding Consulting Procurement Deals 75

Viewpoint Construction Technology

JULY 19, 2017

Using estimating software simplifies bids, estimates, and financial project planning and makes the process somewhat foolproof. If weather is hot and humid, or cold and snowy, account for a slower pace in the timeline, and follow safe practices for crews. Overbooked crew.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Estimating Training – Bid Day Emergency – File Won’t Open I had an urgent support call recently from one of our Montana contractors who use Timberline Estimating. Here’s the scenario: It’s Bid Day, getting down to the last hour before the bid is due. The bid market is tough enough out there without computer problems!

Estimating 100

Estimating Bidding Montana US 100

Lets Build

FEBRUARY 6, 2017

The different groups include: Accounting, Client Communication, Data Analytics, Indoor Mapping, Maintenance Management, Marketing, Sales/CRM, Timesheets, Equipment Sharing, Website Development, Project Management, Design, Safety, Bid Management, Estimating, etc.

Software 133

Software Software Construction Bidding 133

Contractor Bookkeeping

JANUARY 8, 2021

You tell me your stories - about your challenges in running a business, keeping up with the bookwork, estimating and bidding jobs, doing the work and collections from clients, and having or not having employees and paying their taxes. I chat with Contractors every day.

Software 72

Software Software Accounting Comparison 72

Contractor Bookkeeping

DECEMBER 11, 2020

But despite their proven importance, many business owners dread and avoid accounting tasks. Smart Contractors know their time is more valuable spent meeting prospective clients, putting together bids, managing job sites, and many other things other than bookkeeping. So they find someone else to do it.

Accounting 89

Accounting Statistics Bidding Construction 89