HardHatChat

APRIL 12, 2019

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. The GC then works with the client to budget the job based on pricing from subcontractor partners. The GC then works with the client to budget the job based on pricing from subcontractor partners.

Negotiation 177

Negotiation Bidding Commercial Construction 177

HardHatChat

MARCH 4, 2019

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

Project Management 349

Project Management Commercial Management Construction 349

HardHatChat

JANUARY 18, 2011

Don’t always take the lowest bid. I know this is a tough one to follow as we all need to keep commercial construction budgets in check, but we saw too many companies go with pick-up truck contractors in 2010 only to be burned later. Qualify general contractors that build in your wheelhouse. Take a leap of faith.

Commercial 263

Commercial Bidding Negotiation Construction 263

HardHatChat

JULY 11, 2013

The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. Many general contractors decide to lower their risk and start commercial construction projects in the warmer months, paying a premium for nice weather, but assuring timely delivery. Don’t skimp on architects.

Commercial 276

Commercial Construction Bidding Chicago 276

Job Order Contracting

DECEMBER 13, 2022

Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available. Bid Management. Budget and Estimate versus Actual and Committed Budget Tracking. Contractor Management. Contractor Proposal/Bid Management.

Sustainability 264

Sustainability Management Estimating Budget 264

HardHatChat

MARCH 19, 2012

To ensure your restaurant opens on time and within budget, make sure you have your delivery dates nailed down and align yourself with an experienced restaurant construction firm. We recently gave a restaurant trade magazine some tips on budgeting for a restaurant construction timeline. Bidding process – this is usually 2 weeks.

Schedule 258

Schedule Construction Budget Budgeting 258

HardHatChat

MAY 31, 2012

Don't forget to vet your general contractor's background and experience when reviewing bids. Even though that sometimes means the good guy doesn’t win the bid. As businessmen, we understand you’re worried about commercial construction costs and adhering to a construction budget. Playing fair starts at the top.

Commercial 245

Commercial Union Chicago Bidding 245

Job Order Contracting

APRIL 25, 2022

based on a fixed price per item (per a locally researched detailed unit price book, without “assemblies” or “systems”) and the coefficient / adjustment factor submitted by the contractor for the. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are.

Contract 264

Contract Change Orders Bidding Budget 264

Construction Business Owner

SEPTEMBER 23, 2019

As a contractor, while your bidding scenario may change, ultimately, you will be faced with the underlying questions, “Where did we get that number?” and, “How confident are we in our number?”

Bidding 220

Bidding Budget Budgeting Schedule 220

Job Order Contracting

FEBRUARY 3, 2022

Assure JOC program processes and structure mutually benefit your organization and awarded JOC contractors and can be implemented without the need for paid on-site “JOC consultant” 2. Prequalify potential JOC contractors. All subcontractors used by the primary contractor must be prequalified and approved.

Contract 262

Contract Bidding Organization Consulting 262

HardHatChat

SEPTEMBER 28, 2011

Finding a single tenant to occupy all that space in today’s economy can be challenging, so the smarter and more feasible move is to hire a retail construction contractor that can provide you with the various pre-bid commercial construction budgets needed for subdividing that big box into a multi-tenant space.

Retail 218

Retail Commercial Budget Budgeting 218

HardHatChat

AUGUST 21, 2012

The difference is we weren’t on vacation; we were bidding new restaurant and hotel construction jobs to keep up with the thousands of new residents moving to the area due to the oil boom. Wouldn’t it be easier to hire a local commercial contractor? I’m glad you asked. What’s your project?

Commercial 214

Commercial Contractors Retail Construction 214

Construction Marketing

OCTOBER 28, 2018

The key to a successful project is hiring the right contractor. Whether your construction is a simple house upgrade or a commercial remodeling, a wrong contractor can frustrate your efforts and waste a lot of time, money and energy. This is why it is critical to choose the right professional contractor for your project.

Contractors 158

Contractors Insurance Commercial Bidding 158

Lets Build

JUNE 2, 2023

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency. Note that 63% of projects fail due to poor communication.

Project Management 148

Project Management Budget Budgeting Management 148

Levelset

MARCH 11, 2022

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

Bidding 98

Bidding Cash Flow Contractors Procurement 98

Construction Dive

JUNE 1, 2020

While the coronavirus may lead more firms to check out modular building techniques, experts say contractors should thoroughly understand the differences in bidding, scheduling, budgeting and more that go along with them.

Bidding 168

Bidding Budget Budgeting Schedule 168

HardHatChat

MARCH 26, 2024

Selecting the right national commercial construction general contractor is a critical decision that can significantly impact the success of your construction project. Over the past 20+ years, with 2500 completed commercial construction projects, we have learned that it takes more than a great price to win a bid. is essential.

Commercial 177

Commercial Contractors Construction Project Management 177

Construction Business Owner

NOVEMBER 9, 2023

1 challenge many contractors face is profit shrinkage or profit margin fade. This recurring problem occurs when the final construction project job cost finishes higher than the bid estimate or budget. Then completed jobs often cost more than their estimated bid budgets.

Profitability 156

Profitability Bidding Estimating Budget 156

HardHatChat

FEBRUARY 14, 2013

As a result, we filled five commercial construction job openings recently to handle the inflow of bid work. This infusion with Englewood will bring us into new sub markets and elevate our status as the best national general contractor for high end retail, restaurant, and luxury hotel construction.

Commercial 259

Commercial News Retail Construction 259

HardHatChat

OCTOBER 7, 2010

Commercial construction contractors can save clients thousands of dollars by knowing the right time to buy certain materials. I heard a Home Depot ad on the radio recently targeted to commercial general contractors that made me pause. On the surface, the ad is true – buying building materials in bulk is cheaper.

Commercial 235

Commercial Materials Construction Contractors 235

HardHatChat

DECEMBER 19, 2018

In 2018 we saw a higher number than usual of competitive bid projects get killed by market pricing. However, it’s also important that we continue to talk with our clients and educate them on the realities of the current construction landscape to better align their budget expectation with today’s market. High: Remixing Retail.

Commercial 328

Commercial Retail Industrial Construction 328

Job Order Contracting

JANUARY 19, 2021

Traditionally, architects and engineers, prime contractors, specialty subcontractors, and material suppliers come together one time to execute a single project for a specific owner. The process is further negatively impacted it the owner is required to select the low bidder, and owner’s “shop” prices before awarding bids.

Management 264

Management Procurement Environment Life Cycle 264

Construction Business Owner

APRIL 25, 2022

Too many contractors finish their projects over budget on labor when crews work more hours than estimated in the bid. If your construction company self-performs work with your own crews, the key to success is making sure you bring in those labor costs on budget. T he biggest variable in construction is labor.

Products 156

Products Budget Budgeting Bidding 156

Construction Marketing

AUGUST 3, 2022

After the management team confirms and signs a contract with a client for the erection of a building, it is time to get a general contractor for the actual construction of the building. They can choose to either put up a bid or let general contractors bid to build the project.

Project Management 225

Project Management Management Construction Feasibility 225

Job Order Contracting

OCTOBER 24, 2017

Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction is available to any competent real property owner that demonstrates leadership. LEAN Collaborative Construction is the delivery tools for owners, builders, and other stakeholders that wish to consistently deliver quality projects on-time and on-budget.

Budget 100

Budget Budgeting Renovating Overhead 100

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

Viewpoint Construction Technology

OCTOBER 23, 2018

Many contractors are practically drowning in data and don’t have the right tools to parse and analyze the data in ways that would have meaningful impacts on their projects. We’ve heard our customers discuss it at both our Digital Contractor Roadshows and our Collaborate 2018 user conference this year. That, however, is changing.

Construction 241

Construction Software Software Cash Flow 241

Job Order Contracting

JANUARY 12, 2018

Beware of JOC Cooperatives that Require Low Bid Acceptance… seek our BEST VALUE JOB ORDER CONTRACTING SOLUTIONS. It can delivery over 90% of renovation, repair, and minor new construction projects on-time, on-budget, and to everyone’s satisfaction, ONLY if the JOC Program is based upon LEAN JOC best management practices (BMPs).

Bidding 100

Bidding Contract Procurement Renovating 100

HardHatChat

DECEMBER 22, 2011

In fact, our commercial construction budget work was back to 2008 levels. LOW – Unfortunately, we weren’t the only ones receiving drawings to bid on new commercial construction projects. I didn’t think the number of commercial general contractors bidding on one job could be higher than what we saw in 2010.

Commercial 207

Commercial Union Retail Construction 207

HardHatChat

JUNE 23, 2015

Working with a commercial contractor on a negotiated-bid basis, as Englewood Construction does with long-term client American Girl, can minimize the likelihood you’ll hear “no” from your GC during the bidding process. As a national commercial contractor , we are first and foremost in the business of customer service.

Commercial 120

Commercial Contractors Bidding Negotiation 120

HardHatChat

FEBRUARY 14, 2024

Your reputation and finished product as a national general contractor are only as good as the performance of your local subcontractor partners. This has allowed us to perform at a high level, ensuring quality finished products, a maintained schedule, and being mindful of the budget. They are a fantastic resource. It matters.

Commercial 295

Commercial Construction Schedule US 295

HardHatChat

JANUARY 17, 2017

Pretty much any national general contractor will tell you they’re in the client service business, but over the years we’ve developed a philosophy that focuses on building relationships with our clients so that we’re a trusted construction partner, not just another vendor. Focus on client relationships, not just client services.

Commercial 156

Commercial Contractors Bidding Spirit 156

Viewpoint Construction Technology

JULY 19, 2017

As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months, or even dropped altogether. Using estimating software simplifies bids, estimates, and financial project planning and makes the process somewhat foolproof. Stay on top of schedules and budgets to avoid delays.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Job Order Contracting

JANUARY 16, 2020

The innovate and exclusive Collaborative LEAN Construction Software for the Enterprise or Single Organization offering all of these features. The innovate and exclusive Collaborative LEAN Construction Software for the Enterprise or Single Organization offering all of these features.

Software 189

Software Software Construction Estimating 189

Job Order Contracting

SEPTEMBER 10, 2018

Empowering Owners with On-Demand Quality, On-Time, On-Budget Facilities Repair, Renovation, & Construction is what we do each and every day. The post Empowering Owners with On-Demand Quality, On-Time, On-Budget Facilities Repair, Renovation, & Construction appeared first on 4BT. info@4bt.us.

Renovating 100

Renovating Budget Budgeting Life Cycle 100

Construction Business Owner

DECEMBER 2, 2016

1 challenge many contractors face is profit shrinkage or profit margin fade. This recurring problem appears when final construction job cost comes in higher than the bid or contract project budget. As a business coach, I see numerous contractor income statements every year.

Profitability 120

Profitability Overhead Bidding Income 120

Viewpoint Construction Technology

APRIL 23, 2019

It’s both frustrating and costly for contractors when a construction project is postponed. This helps contractors complete their construction deliverables on time and within budget. Budget Inaccuracies. If you’re a general contractor, you typically work with a number of subcontractors for each project.

Construction 237

Construction Software Software Estimating 237