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

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 Budgeting Budget 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

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 Budgeting Budget Schedule 220

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 Budgeting Budget 218

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 245

Contract Change Orders Bidding Budgeting 245

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

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 234

Sustainability Management Estimating Budgeting 234

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 157

Contractors Insurance Commercial Bidding 157

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 Budgeting Budget 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 169

Bidding Budgeting Budget Schedule 169

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

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

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 Budgeting 156

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

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 Budgeting Budget Bidding 156

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 210

Contract Bidding Organization Consulting 210

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 221

Project Management Management Construction Feasibility 221

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.

Budgeting 100

Budgeting Budget Renovating Overhead 100

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

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 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 233

Management Procurement Environment Life Cycle 233

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

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

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 Budgeting Budget 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

HardHatChat

JULY 19, 2011

You want a general commercial contractor who understands all parties’ needs. Working with a commercial general contractor who can build in any of these disciplines will help you determine what can be saved, repaired, moved or redistributed from the existing infrastructure. Most retailers today want less space.

Commercial 201

Commercial Retail Change Orders Construction 201

Viewpoint Construction Technology

MARCH 20, 2018

It’s a question many contractors wonder about because if BIM were to be mandated, contractors would quickly have to adapt. In 2010, for example, Wisconsin became the first state to require BIM on publicly-funded projects with a budget over $5 million. So will the United States ever have a BIM mandate? BIM Adoption Abroad.

BIM 230

BIM US United States Los Angeles 230

Viewpoint Construction Technology

JANUARY 17, 2019

Now in its seventh year, the annual Construction Technology Report compiled by JBKnowledge is one of the most impressive surveys in the industry, providing the latest trends on everything from construction software, IT budgets and workflows, mobile apps, emerging technologies and more. Mobile Construction Technologies Seeing More Use.

Contractors 130

Contractors Industrial Mobility Software 130

Lets Build

APRIL 15, 2020

Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager. Construction management starts with a project owner sharing project information to contractors and subcontractors in order to solicit bids. The process.

Project Management 148

Project Management Management Construction Feasibility 148