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Outsmart Fraudsters: Arm Your Finance Team with the Latest Defense Strategies

Construction Business Owner

Outsmart Fraudsters: Arm Your Finance Team with the Latest Defense Strategies Discover cutting-edge tactics and tools to protect your business from evolving financial threats. And gain insights to help you select a reliable accounts payable (AP) partner you can trust. Learn powerful techniques for better safeguarding your processes.

Finance 364
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Construction Bid Win Percentage

Job Order Contracting

Streamlined Negotiations : When cost data is verifiable and defensible, theres less room for disputes, leading to quicker client approvals and stronger working relationships. It often accounts for local economic conditions, supply chain variability, and contractor availability.

Bidding 147
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Construction Cost Estimating Guide

Job Order Contracting

Importance of Verifiability and Actionability Forget “Accuracy”: There is no such thing as a truly “accurate” cost estimate, but rather a focus on creating defensible, verifiable, and detailed estimates.

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Construction Cost Estimating – Single Source of Truth

Job Order Contracting

It’s beyond time for improved leadership, competence, and accountability. GAO-22-104481 – DEFENSE INFRASTRUCTURE DOD Should Better Manage Risks Posed by Deferred Facility Maintenance. References: GAO-19-57 – FEDERAL REAL PROPERTY ASSET MANAGEMENT Agencies Could Benefit from Additional Information on Leading Practices.

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Fortifying Financials And The Importance Of Solid Security Measures

Contractor Bookkeeping

As a contractor, your accounting and bookkeeping systems are vulnerable not only to cyber threats but also to software outages, which can compromise sensitive financial data and disrupt business operations. This incident offers several critical lessons for construction bookkeeping.

Security 129
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Hard hats to helmets: How Skanska, Clark are improving workers' last line of defense

Construction Dive

Traditional hard hats account for falling objects, not falling workers. Some general contractors are providing a more effective layer of protection.

Defense 125
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STOP using ACFs – The inherent flaws of Area Cost Factors

Job Order Contracting

As a result, more than 40 years after the introduction of area cost factors (ACFs), the Department of Defense (and the Federal Government in general) is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) and/or time-based cost variances.