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.

Project Management 148

Project Management Budgeting Budget Management 148

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. Schedule a commercial construction preventive maintenance visit. Take a leap of faith.

Commercial 263

Commercial Bidding Negotiation Construction 263

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

Job Order Contracting

APRIL 18, 2022

Robust processes and tools are readily available to assure the delivery of quality projects on time and on budget. From a historical perspective, traditional methods such as design-bid-build and others have failed. With local market cost and productivity information, both budgetary and scheduling requirements can be determined.

Procurement 230

Procurement Construction Schedule CSI 230

Job Order Contracting

APRIL 25, 2022

contract term. Unlike traditional JOC or traditional design-bid-build, LEAN JOC is a collaborative process that focuses upon mutually beneficial outcomes for ALL participants and stakeholders. 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

FEBRUARY 14, 2024

This has allowed us to perform at a high level, ensuring quality finished products, a maintained schedule, and being mindful of the budget. This is why we ask for detailed qualifications on their bid proposals. Here are several of the essential qualities we look for when we choose a subcontractor for a project: 1.

Commercial 295

Commercial Construction Schedule US 295

Viewpoint Construction Technology

JULY 19, 2017

When a job is behind schedule, it impacts everybody on the project, and likely the next scheduled project or build. 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

Constructonomics

JANUARY 28, 2010

In the economic climate that we find ourselves at the moment, it seems that the only projects out there are public jobs where bids are solicited and any warm-blooded creature with a pulse and a remote ability to read plans can submit a price on the job. The municipalities are required by law to accept the lowest responsible bid.

Bidding 149

Bidding Liability Negotiation Risk 149

Job Order Contracting

JANUARY 22, 2021

The consistent achievement of best value quality, cost, and schedule outcomes requires the strategic and tactical integration of planning, procurement, and project delivery in concert with the core organizational mission.

Renovating 255

Renovating Management Procurement Life Cycle 255

Viewpoint Construction Technology

MAY 14, 2019

Staying proactive during projects by recognizing pitfalls and taking appropriate steps to avoid them limits accidents, ensures budgets and timelines remain on schedule and creates a more positive work environment. An overestimated or incomplete bid may mean you won’t win the jobs you need. Relying on Outdated Software.

Contractors 296

Contractors Software Software Accidents 296

HardHatChat

AUGUST 31, 2011

If we had skimped on commercial construction costs and used cheap construction materials, or decided to cut corners to speed up the construction schedule, these were the people who would have suffered due to faulty construction. There we were, face-to-face with our client’s end-users. Don’t worry, I won’t get sappy on you.

Commercial 213

Commercial Chicago Construction Retail 213

Construction Marketing

AUGUST 3, 2022

They can choose to either put up a bid or let general contractors bid to build the project. This process is called a design, bid, and build contract. Oftentimes, it is inadequate communication or poor budget planning that causes a delay in the completion of the building.

Project Management 221

Project Management Management Construction Feasibility 221

Construction Marketing

JANUARY 24, 2024

Coordinate and communicate with various stakeholders, ensuring projects are completed on time and within budget. Construction Managers Oversee the entire construction process, coordinating tasks, schedules, and resources. Provide accurate cost assessments to guide budgeting and bidding processes.

Construction 308

Construction Project Management Electrical Safety 308

Wolgast Corporation

MARCH 19, 2024

When K-12 School Leaders do reach a point where their District’s need for improvements is beyond what their operating budget can cover, they need to organize a team of professionals to set them up for building success. The AE/CM team then assists the District to identify the full scope, budget, and financial resources for their needs.

Plans 127

Plans Bidding Budgeting Budget 127

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

ENR Construction

JUNE 10, 2022

The state blames inflation and a tight project schedule for the single, over-budget bid from Core Construction Services of $243.5

Bidding 78

Bidding Illinois Renovating Estimating 78

Viewpoint Construction Technology

OCTOBER 25, 2017

Detailed reports and summaries that outline actual expenditures compared to budgeted costs allow for educated decisions as to where adjustments are needed. Scheduling, planning, and collaboration optimization. Scheduling, planning, and collaboration optimization.

Risk 217

Risk Schedule Profitability Viewpoint 217

Wolgast Corporation

DECEMBER 6, 2023

Three-Phases to Design-Build Construction: Preliminary Design and Estimating Detailed Construction Drawings and Bidding Construction Step One/Phase I – Preliminary Design and Estimating In this First Step or Phase our Architect develops plans based on a needs analysis meeting with the building owner and representatives for a nominal fee.

Commercial 127

Commercial Drawings Bidding Budgeting 127

Job Order Contracting

OCTOBER 25, 2021

Waste is rampant to the extent that 80% or more of all projects are late, over-budget, and/or poorly completed to the dissatisfaction of participants and stakeholders. Supporting robust processes, tools, and training are readily available to assure on-time, on-budget, and quality outcomes 90%+ of the time. Leverage technology.

Renovating 218

Renovating Procurement Budgeting Budget 218

ENR Construction

JUNE 10, 2022

State blames inflation and a tight project schedule for single over-budget bid from Core Construction Services of $243.5

Bidding 69

Bidding Renovating Estimating Budgeting 69

Viewpoint Construction Technology

APRIL 23, 2019

This helps contractors complete their construction deliverables on time and within budget. Budget Inaccuracies. Using estimating software simplifies bids, estimates, and financial project planning and makes the process somewhat foolproof. Subcontractor Schedules and Compliance.

Construction 237

Construction Software Software Estimating 237

Lets Build

APRIL 15, 2020

Managing complex data in intersecting tasks and teams include confirming a project’s justification, developing project schedules and goals, maintaining commitments for a project, holding people accountable, and avoiding common project pitfalls. The bidding process remains the same regardless of the type of a construction project.

Project Management 148

Project Management Management Construction Feasibility 148

Job Order Contracting

JULY 22, 2020

Adaptive Lean Construction Planning, Procurement, and Project Delivery tools and services are readily available to assure the consistent delivery of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. Rampant waste and high levels of dissatisfaction of all participants and stakeholders are the norm.

Procurement 147

Procurement Plans Construction Bidding 147

HardHatChat

MARCH 17, 2015

Interestingly enough, we have found owners for many of the commercial construction projects out-to-bid are looking to work with design-build construction firms. Likewise, if a contractor gets behind on their construction schedule, the subcontractors might not be able to complete their work on time. Financial savings. True partnership.

Design 120

Design Commercial Budgeting Budget 120

Autodesk Construction Cloud

NOVEMBER 17, 2021

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

Budgeting 52

Budgeting Budget Construction Estimating 52

HardHatChat

MARCH 23, 2010

This lets your general contractor weigh in with estimated construction costs before plans are finalized and sent out for subcontractor bids. Miss this step and your architect could be sending out plans for bid that are out of whack with your construction budget.

Retail 174

Retail Construction Bidding Contractors 174

Construction Marketing

OCTOBER 28, 2018

Remember, a contractor with the lowest bid is not necessarily the best. If a contractors bid is significantly lower, ask them why. It could be because the contractor changes the orders in the middle of the project resulting in the budget going over what you had anticipated. A budget and schedule compliance is a must.

Contractors 157

Contractors Insurance Commercial Bidding 157

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 136

Software Software Construction Estimating 136

HardHatChat

JUNE 21, 2012

It doesn’t matter what kind of new shopping center construction you desire–whether it is a Power Center, a Lifestyle Center, or a strip mall in a high-traffic infill location–nothing will be built unless the numbers make sense for the commercial construction budget. Construction budgets can make or break a deal. Construction Bids.

Retail 216

Retail Commercial Chicago Leases 216

Job Order Contracting

NOVEMBER 8, 2022

Great teams of people working collaboratively toward mutually beneficial goals while sharing current actionable information on an early and ongoing basis is the ONLY path to the consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget. . Traditional design-bid-build or lowest bid. #2.

Industrial 130

Industrial Renovating Procurement Bidding 130

HardHatChat

FEBRUARY 15, 2011

It’s a red flag if winter conditions aren’t factored into their schedule or bid. And for tenants, make sure your maintenance budget allows for increased CAM (common area maintenance) charges due to high snow removal. Any commercial project started after Dec. If your project isn’t at a certain point in construction by Dec.

Chicago 196

Chicago Commercial Retail Construction 196

ENR Construction

APRIL 30, 2020

Every general contractor knows reliable subcontractors who can deliver work on time are vital for keeping any project on budget and on schedule.

Bidding 66

Bidding Budgeting Budget Schedule 66

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. Construction materials management software has helped ease materials burdens, and with advances like the cloud, it’s getting even easier for contractors to take control of their materials processes.

Materials 247

Materials Software Software Management 247

Fieldwire

MARCH 5, 2024

To say that winning bids is the key to success in construction is a half-truth. Estimating project costs correctly and managing the budget accordingly are just as vital. Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Autodesk Construction Cloud

MAY 24, 2022

Schedule | Sort/Group activities in Web . Users can now sort and group the activities by different schedule details to better visualize the schedule based on different parameters. . Schedule | View Schedule Suggestions in iOS [coming soon] . Cost Management | Contract Schedule of Values Full Screen* .

Autodesk 105

Autodesk Products BIM Construction 105

Cassell Construction Estimating

JANUARY 6, 2009

According to ENR, over a billion dollars worth of work (per state) is in various stages of planning and bidding, in Hawaii, Arizona, and Washington. Our contractor clientele in several states are seeing fewer bid opportunities, more bidders, and projects going for lower margins. Our followup training is scheduled for March.

Hawaii 100

Hawaii Honolulu Estimating Sage 100

Constructonomics

NOVEMBER 23, 2009

I attended a pre-bid conference on Thursday November 19, 2009 at Towson University for a CM-at risk project for the r emodel of two residence halls on campus. The design has not been completed, but there is a budget of $13.5 Bid package preparation. On-site project and schedule management. Submittal Review, RFI tracking.

Risk 122

Risk Renovating Baltimore Bidding 122