Construction Marketing Ideas

JANUARY 16, 2016

“Low bid” ma win the job, but cost your business its profitability and even survival. Pricing and sales compensation are among the messiest aspects of business. This article, What Behavior Does Your Sales Compensation Plan Incentivize ? But this leads to complexities and risks of a different sort.

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Construction Business Owner

MARCH 16, 2021

It uses a multiparty agreement to define responsibilities, roles, compensation and rights. Connected construction tools bring in data and workflows across multiple solutions such as estimating software, bidding software, design models and project management software.

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Life Cycle Modeling Autodesk Software 286

Construction Law

JUNE 28, 2022

The CMA says that bids were being rigged through firms agreeing to submit tenders that were designed to lose. This made the winning bid, which might well have also been higher than it otherwise might have been, look acceptable. Some argued that they did not make or receive compensation payments or benefit from the award of contracts.

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Autodesk Construction Cloud

OCTOBER 21, 2022

Construction bids are critical to winning more work, so it pays to have a solid understanding of what they entail and what you can do to improve your bidding performance. . In this comprehensive guide, we’ll cover everything you need to know about construction bids. What is the Construction Bidding Process?

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Building Radar

NOVEMBER 18, 2024

By calculating the fully burdened labor rate, contractors can ensure that all labor-related expenses are accounted for when bidding on projects fully burdened labor rate. Insurance : Workers’ compensation and liability insurance are critical components of construction costs importance of insurance in burden rate.

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Construction Insurance Profitability Bidding 52

Construction Business Owner

DECEMBER 9, 2011

In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. A safe work environment is one of the most straight forward ways to decrease workers compensation expenses. Production and quality are generally put first with safety generally being an after thought.

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Constructonomics

OCTOBER 3, 2010

Some jurisdictions also require the use of bid bonds to guarantee that a bidding contractor will enter into a project contract if selected by the owner. If the contractor cannot provide the obligee with appropriate reparation, then the surety can be accountable and could be left paying compensation up to the bond’s full value.

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Contractors Regulation Insurance Claims 140

Best Practices Construction Law

MAY 19, 2015

You can imagine the opposite reaction when a contractor bids a penny for rock removal for a competitive bid and later discovers that there was 250% more rock than anticipated. In its successful bid to perform work for the Town of Avon, th Contractor assigned a unit price of $0.01 Town of Avon. The Court’s Reasoning.

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Best Practices Construction Law

MAY 19, 2015

You can imagine the opposite reaction when a contractor bids a penny for rock removal for a competitive bid and later discovers that there was 250% more rock than anticipated. In its successful bid to perform work for the Town of Avon, th Contractor assigned a unit price of $0.01 Town of Avon. The Court’s Reasoning.

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Bidding Contractors Contract Site 48

Job Order Contracting

AUGUST 22, 2017

FALSE: Traditional methods such as design-bid-build and even design-build, are wasteful and cost more in the long run than Integrated Project Delivery (for new construction) and Job Order Contracting (JOC) for renovation, repair, and minor new construction. LEAN Construction & LEAN Facilities Management Management Myths.

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Management Life Cycle Construction Consulting 100

Safety Services Company

JUNE 24, 2024

The cost of workers’ compensation claims, medical bills, and lost productivity can add up quickly. A Commitment to Safety Leadership: Building a Positive Reputation A strong safety record demonstrates a commitment to your workforce and can give your company a competitive edge when bidding on projects.

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Best Practices Construction Law

SEPTEMBER 29, 2020

The contractor won a bid to construct a water system in two local counties. Upon completion of the project, the owner sent contractor a check marked “Final Payment,” but the check did not compensate the contractor for its increased construction costs as a result of the delays or for the extra-contractual project expansion.

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Negotiation Contractors Claims Mississippi 104

Chianelli Estimating

JANUARY 30, 2020

They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc. Both contractors and owners use them when deciding whether to bid or build a project. It also aids in gauging bid proposals received from material vendors or subcontractors.

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Estimating Construction Bidding Bankruptcy 78

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. At the end of a project, a prudent owner will also review its contractor’s license status from the date of the bid through final completion. & Prof. Code §§ 7028, 7028.6, 7117, and Cal. Bus & Prof. 3 rd 988 (1991).

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California Contractors Compensation Los Angeles 76

Construction Dive

JANUARY 22, 2014

Sometimes contractors request additional compensation for complying with the project owner’s interpretation of the specifications. On competitively bid public works contracts, the time to question the specifications is prior to submitting a binding bid. The law, however, follows common sense.

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Bidding Compensation Contract Claims 52

Construction Dive

NOVEMBER 19, 2014

An owner-directed suspension is usually expressly compensable, with the elements of compensation defined in the contract. Featured in this Week’s Construction Claims Advisor:Suspension of Work Distinguished from Standby or DelayContractor Should Have Priced Utility Work Prior to Bid'

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Compensation Liability Contract Claims 52

Job Order Contracting

AUGUST 31, 2021

Traditional contracting methods such as design-bid-build, and even somewhat newer developments such as design-build typically involve the non-owner participants providing lump-sum price based an owner’s proposed requirements. Furthermore, compensation is performance-based and depended upon the final outcome.

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Construction Procurement Contract Budget 173

Construction Enquirer

JULY 9, 2023

The government announced in March that work on the station will be paused for two years in a bid to cut costs. “The pause, ostensibly to save money, is not cost free – mothballing and possible compensation for businesses which have lost work will all need to be added to the HS2 tally.

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Plans Compensation Bidding Budgeting 81

Construction Cost Estimating

SEPTEMBER 19, 2015

Concrete foundation estimator (CFE) is considered as the most useful and powerful productivity tool specifically designed for all contractors , owner-builders and homeowners to ease & augment the estimating and bidding processes for concrete projects. Basic, cataloging only trades and it’s cost. Also include overhead and discount.

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Estimating Concrete Bidding Foundation 40

Pro Builder

JULY 30, 2021

Some days you may have to remind them that they pay workers’ compensation premiums, too, and participation in safety education and enforcement is in their own best interests. Ensure bid packages are accurate and complete. That’s for starters, but without those, your purchasing department has no chance of getting the bid package right.

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Schedule Bidding Plans Management 119

Best Practices Construction Law

JANUARY 22, 2018

The contractor won a bid to construct a water system in two local counties. Upon completion of the project, the owner sent contractor a check marked “Final Payment,” but the check did not compensate the contractor for its increased construction costs as a result of the delays or for the extracontractual project expansion.

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Claims Mississippi Legal Compensation 83

HardHatChat

DECEMBER 20, 2016

As such, we saw more of these construction projects awarded in 2016 based on a competitive bid process, rather than on a contractor’s experience in replicating brand standards across the country. Bonuses are coming back, and even the youngest professionals are being enticed by higher salaries.

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Commercial Retail Construction Chicago 156

Pro Builder

SEPTEMBER 28, 2021

What was believed to be a commodity—two identical packages that could be purchased on bid-price alone—turned out to have some real differences. The lowest bid price turned out to be the highest total cost. Bid Price and Total Cost, Another Example. That’s $80 of the $200 bid price advantage right there. . Communication.

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Bidding Schedule Products Materials 98

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. At the end of a project, a prudent owner will also review its contractor’s license status from the date of the bid through final completion. & Prof. Code §§ 7028, 7028.6, 7117, and Cal. Bus & Prof. 3 rd 988 (1991).

California 52

California Contractors Compensation Los Angeles 52

Federal Construction Contracting Blog

APRIL 21, 2022

Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.

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Contractors Compensation Contract Defense 52

Construction and Infrastructure Law

SEPTEMBER 28, 2022

The land taking process in Texas involves a hearing on the just and adequate compensation of the property. Further, Texas Central will need to construct the railway, which will involve a substantial construction project leading to bids, and later the project management and monitoring of the railway construction.

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Best Practices Construction Law

JUNE 21, 2022

2008), wherein a government contractor sought compensation for being barred from a military base for 41 days following the 9/11 terrorist attacks. The APTIM decision expressly addresses the Sovereign Acts defense, which ultimately denied the contractor’s claim for additional compensation. Geren , 550 F.3d 3d 1368 (Fed.

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Contract Contractors Compensation Site 62

Autodesk Construction Cloud

FEBRUARY 25, 2022

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . FINANCIAL RATIOS: LIQUIDITY . Quick Ratio . Formula: Net Income / Total Revenue .

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Construction Superintendent Magazine

SEPTEMBER 25, 2017

Association officials said that many firms are changing the way they operate, recruit and compensate, but cautioned that chronic labor shortages could have significant economic impacts absent greater investments in career and technical education.

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Contractors Compensation Autodesk America 40

Best Practices Construction Law

JUNE 15, 2016

When you deal with construction claims, many believe that the largest component of any request for additional compensation is generally labor costs. A contractor generally bids a scope of work based upon certain assumptions regarding labor costs and labor productivity. Out of sequence work. Restricted site access. Cumulative impact.

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Products Compensation Claims Schedule 48

Safety Services Company

FEBRUARY 13, 2024

After all, safety first, bidding next. Qualification – Completing the Annual Update is necessary for contractors to maintain a prequalified status to bid and work on projects. 2023 was a year of resilience, pressure, and economic uncertainty for our industry. Naturally, many contractors (like you!)

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FAQ Contractors Management OSHA 89

Levelset

AUGUST 5, 2022

They are also frequently written to include umbrella insurance and workers’ compensation insurance (in monopolistic states, where workers compensation is run through the state, CIPs are available without this coverage). More competitive bidding. Simplified claims process.

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Insurance Liability Claims Construction 52

Safety Services Company

OCTOBER 9, 2017

Your EMR is the number insurance carriers look at when determining what you’ll pay for a Workers’ Compensation premium. The National Council of Compensation Insurance (NCCI) looks at the national average of claims within a given industry and assigns that average the number 1.0. Another company in the same industry has an EMR of.80.

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Compensation Insurance Injury Risk 48

Chianelli Estimating

AUGUST 6, 2020

The tendency to adjust their bid estimating will inadvertently produce many business failures. Insurances; Workers compensation, General Liability, Risk. The Freelance Estimating option can be a good first step in solving those monthly anchored indirect costs and can increase the likelihood of winning your bid. . Legal expense.

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Estimating Residential Insurance Commercial 60

Construction Marketing Ideas

APRIL 11, 2016

There are narrow exemptions from workers compensation insurance requirements in Ontario for independent contractors working on residential renovation projects (directly contracted by the live-in homeowner, and not covering fix-ups for landlords). The contractor bids low on jobs, based on avoiding certain regulatory costs.

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Regulation Legal Compensation Insurance 48

Construction Cost Estimating

NOVEMBER 10, 2016

was purposely intended to enhance and make the process simpler for estimating and bidding on concrete jobs. Concrete Foundation Estimator 1.1.1

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Estimating Concrete Foundation iPad 40

Fieldwire

AUGUST 31, 2023

Because subcontracts are negotiated rather than bid upon, you may not need bonds for subcontracts. If the project isn’t finished due to events outside of your control — or if payment negotiations between the general contractor and primary client break down — you may be caught waiting for compensation on finished work and used materials.

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Subcontracting Contractors Negotiation Employment 98