article thumbnail

How to Maximize Equipment Accountability for Enhanced Productivity

Construction Business Owner

How to Maximize Equipment Accountability for Enhanced Productivity ccapoccia Wed, 11/08/2023 - 08:17 Accountability is the linchpin that holds together a well-oiled operation, especially when that operation consists of many moving pieces of equipment.

article thumbnail

The Basics of Construction Accounting

Construction Business Owner

Construction-specific accounting methods and tools. When a contractor has decided it’s time to make the transition from standard accounting methods and tools to construction-specific accounting methods and tools, it’s best to begin by reviewing the fundamentals of construction accounting and the role it will play in the contractor’s business.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Fall Protection Equipment Properly

Construction Business Owner

In 2011, the leading cause of worker fatalities on construction sites were falls, accounting for 251 deaths. Fatal falls are often the result of a lack of proper safety gear or the misunderstanding or misuse of equipment.

Equipment 305
article thumbnail

What to Consider When Leasing Heavy Equipment

Construction Business Owner

What to Consider When Leasing Heavy Equipment. Purchasing new equipment can be a big investment, no matter the business size. The best way to move forward is to take time examining your financial options—it will benefit your bank account in the short and long term. Elizabeth Manning. Fri, 02/12/2021 - 07:32.

Leases 314
article thumbnail

Better Tools For Estimators Drive Significantly Improved Construction Cost Visibility

Job Order Contracting

Approximately 90,000 line items with locally researched labor, material, and equipment costs are essential for superior cost visibility. This visibility is crucial for Lean construction, as it enhances cost transparency, enabling better planning, accountability, and more precise cost control.

article thumbnail

DoD Construction Estimating

Job Order Contracting

Cost data must be up-to-date, and reflect local market conditions (labor, material, and equipment), at a granular level. The application of factors to an estimate introduces significant error as the method cannot account for a wide range of variances. Inaccurate data can lead to incorrect cost estimates.

article thumbnail

Construction Cost Estimating Guide

Job Order Contracting

The following is presented as a Construction Cost Estimating Guide for enabling owners and design-builders to gain visibility into actual local market labor, material, and equipment costs. Local Market Data: Focus on using current, verifiable, and locally researched labor, material, and equipment costs.