Bidding, Construction, Finance and Insurance - Professional Constructor Central

4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

FEBRUARY 3, 2023

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. During the Great Recession , more than 150,000 construction firms closed their doors, and 2 million construction workers lost their jobs.

Finance

Finance Cash Flow Materials Security

What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance

Insurance Certification Contractors Liability

What is the Difference Between ‘Hard Costs’ and ‘Soft Costs’ in Construction: A Detailed Comparison

Building Radar

AUGUST 29, 2024

In construction, understanding the difference between hard costs and soft costs is crucial for budgeting, project management, and overall financial planning. Both cost categories play a pivotal role in determining the total expenditure of a construction project, but they cover very different aspects of the process.

Comparison

Comparison ProCore Construction Project Management

Webinars

The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

MORE WEBINARS

Construction Business Owner Blogs

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. ” » The Expensive Process of Bidding. Nowhere is that more true than the construction industry. STRATEGY |. MANAGEMENT |.

Bidding

Bidding Construction Documentation Software

Construction Business Owner Blogs

Construction Business Owner

OCTOBER 26, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Construction Software – Is it Time to Buy? » The (Construction) Telephone Game. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

Construction

Construction Software Software Bidding

Construction Business Owner Blogs

Construction Business Owner

JANUARY 5, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « New Year’s Resolutions for Construction Management. Evaluate Bidding Strategy. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

Construction

Construction Bidding Software Software

Common Types of Construction Contracts And Their Use

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contract

Contract Construction Finance Documentation

Construction Business Owner Blogs

Construction Business Owner

DECEMBER 9, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Construction

Construction Insurance Software Software

Commercial Construction Operations: Pulling Back the Curtain on Behind-the-Scenes Roles

HardHatChat

OCTOBER 18, 2016

Behind-the-scenes team members – such as Englewood Construction’s CFO, Mary Davolt, who was recently honored as a CFO of the year by the Daily Herald – play a critical role in the success of a commercial construction firm. Pre-Construction Services.

Commercial

Commercial Safety Construction Project Management

Construction Business Owner Blogs

Construction Business Owner

JANUARY 5, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. 3 New Year’s Resolutions for Construction Operations » New Year’s Resolutions for Construction Management. STRATEGY |. SOFTWARE |.

Construction

Construction Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

APRIL 26, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « Connecting in Construction. The profit you calculate when bidding a job can fluctuate dramatically as work progresses.

Change Orders

Change Orders Construction Profitability Software

Is PFI about to be reborn?

Construction Law

MARCH 2, 2022

Just when you might have been excused for imagining that the discredited Private Finance Initiative (PFI) was dead as a construction procurement route, up it pops again. Undaunted however, Birmingham City Council has now invited bids for a new contractor to deliver the remainder of the original 25 year scheme.

Finance

Finance Transportation Commercial Infrastructure

Construction Business Owner Blogs

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The Expensive Process of Bidding » Save Time, Resources – File Electronically. Is There No Free Lunch or Construction Software?

Construction

Construction Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

APRIL 2, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. For those of you contractors doing government work: relish the competition involved with bidding. Top 5 Trends in Construction Software.

Construction

Construction Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 3, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « So You Want to Buy New Construction Software. An interesting trend is emerging in construction firms across the country.

Construction

Construction Software Software Accounting

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

AUGUST 18, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them.

Cash Flow

Cash Flow Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

JANUARY 26, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Venture is web-based project collaboration software built around the needs of construction project teams, not individuals. STRATEGY |.

Construction

Construction Software Software Documentation

Construction Business Owner Blogs

Construction Business Owner

JANUARY 13, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « The Expensive Process of Bidding. And listen to constructive criticism and feedback from others. . -Be construction.

Construction

Construction Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

APRIL 12, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « The Business of Construction Risk Management. Connecting in Construction » Green Construction & Construction Software.

Construction

Construction Certification Green Software

Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 17, 2011

Construction

Construction Software Software Equipment

Construction Business Owner Blogs

Construction Business Owner

OCTOBER 14, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. STRATEGY |.

Change Orders

Change Orders Construction Software Software

Key Financial & Safety Metrics for Subcontractor Qualification

Autodesk Construction Cloud

FEBRUARY 25, 2022

For one thing, circumstances can change quickly in today’s uncertain construction industry. 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. .

Safety

Safety Debt Liability Equity

Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The Issues around Construction Issue Building » Leadership – Up and Down Was Easy, Now the Tough Part …. STRATEGY |. MANAGEMENT |.

Construction

Construction Software Software Accounting

Construction Business Owner Blogs

Construction Business Owner

APRIL 4, 2011

INSURANCE |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. As the general contractor we will have ultimate responsibility for the construction quality and fit and finish of the facility. STRATEGY |.

Construction

Construction Software Software Accounting

What You Need to Know To Get a Surety Bond as a New Contractor

Constructonomics

OCTOBER 3, 2010

New contractors have a lot of matters to anticipate when entering the construction industry for the first time. Unfortunately, new contractors are often unfamiliar with the bonding process, which includes undergoing finance and credit checks, providing upfront collateral, and paying issuance fees. How construction bonds work.

Contractors

Contractors Regulation Insurance Claims

Construction Bookkeeping Unique Features

Contractor Bookkeeping

AUGUST 16, 2013

Construction Bookkeeping Vs. Regular Bookkeeping. Construction Bookkeeping - Is roughly 15% of all accounting and Accounting with manufacturing making up roughly 5%. Construction Bookkeeping Has These Things In Common: Sales - With 1-10 categories. Construction Accounting Titles = 233. Chart of Accounts Financing Costs.

Work in Progress

Work in Progress Accounting Construction Leases

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. We Are QuickBooks Experts Specializing In Construction Bookkeeping Services. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice.

Insurance

Insurance Construction Accounting Claims

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Did You Ask A Friend Or Relative - To loan you some start-up capital and they agreed on condition you become equal partners in your construction company.

Construction

Construction Insurance Accounting Claims

Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

APRIL 15, 2015

Getting construction bonds is not as scary and difficult as some think. If you are a contractor working on public projects, you’ve most likely heard a lot of myths about construction bonds. Myth #1: Construction Bonds Are Very Costly. However, the contractor needs to pay the bond premium after she actually wins the bid.

Insurance

Insurance Bankruptcy Claims Contract

London Olympics Construction Is Safest in Recent Times | ENR.

ENR Construction

JULY 30, 2012

Construction Methods. Construction Technology. Construction Schools. London Olympics Construction Is Safest in Recent Times. Alistair Gibb, professor of complex project management at Loughborough University in England, talked about safety at the London Olympics at a Construction Industry Institute meeting in Baltimore.

Construction

Construction Baltimore Safety FAQ

Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

JULY 22, 2012

Construction Methods. Construction Technology. Construction Schools. The increased competition has narrowed already slim bidding margins, forcing contractors to eke out a financial edge wherever possible. Keywords: Equipment Rentals ; Construction Equipment ; Equipment Fleets ; Equipment Sales ; Heavy Equipment.

Equipment

Equipment Contractors Las Vegas FAQ

Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

APRIL 15, 2015

page:WordSection1;}. -->Getting construction bonds is not as scary and difficult as some think. If you are a contractor working on public projects, you’ve most likely heard a lot of myths about construction bonds. Myth #1: Construction Bonds Are Very Costly. div.WordSection1. could be forced to cover more than $35.6

Insurance

Insurance Bankruptcy Contract Contractors

New Contractor Business Start Up

Contractor Bookkeeping

JUNE 15, 2012

Let Us Help Reduce Construction Business Start Up Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. New Contractor's Levels of Stress.

Contractors

Contractors Insurance Claims Lien

A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

JULY 1, 2014

Bill of materials (BOM) - a list of materials required for the construction of a project or part of a project, which may include quantities. Bill of quantities (BOQ) - a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. RSMeans publishes a city cost index table.

Estimating

Estimating Construction Products Overhead

Managing the Process of Innovation - ENR - McGraw-Hill Construction

ENR Construction

AUGUST 21, 2012

Construction Methods. Construction Technology. Construction Schools. Like all work in sensitive areas, the crew would measure levels of dust, particles, noise and air pressure to ensure construction wasn’t posing a risk to the NICU. Much information for pulse is derived from McGraw-Hill Construction Dodge.

Innovation

Innovation Management IDEA Construction

Product Snapshot: Floor Laser and Riding Trowel | ENR.

ENR Construction

JULY 30, 2012

Construction Methods. Construction Technology. Construction Schools. Since Owners are Demanding Designers Carry Higher Insurance Limits, Is a Split-Limit Approach Best? Gives readers a glimpse of who is planning and constructing some of the largest projects throughout the U.S. Environment. Power & Industrial.

Products

Products Inspections FAQ Bidding

Financial And Job Reports You Need Are In Our QuickBooks Template

Contractor Bookkeeping

OCTOBER 18, 2012

Accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the rolling waves of the business cycle like a large ocean liner on the high sea. Incidentally the size of your construction company is not as important as how much money you earn from it. Of course you are!

Work in Progress

Work in Progress Accounting Profitability Insurance

We Fix Costly QuickBooks Setup Problems

Contractor Bookkeeping

JUNE 10, 2013

Accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle much like a large ocean liner on the high sea. Incidentally the size of your construction company is not as important as how much money you earn from it.

Work in Progress

Work in Progress Accounting Profitability Insurance

Pulse: 08/13/2012

ENR Construction

AUGUST 13, 2012

Construction Methods. Construction Technology. Construction Schools. DPR Construction Inc. will serve as the construction manager. The project entails constructing an 11-story, 426,000-sq-ft building that will contain restaurants and a 600-space parking garage. Environment. Power & Industrial.

San Diego

San Diego Bidding Arizona Plans

Product Snapshot: Upgraded Field Controller and iT4 Loaders.

ENR Construction

AUGUST 8, 2012

Construction Methods. Construction Technology. Construction Schools. Since Owners are Demanding Designers Carry Higher Insurance Limits, Is a Split-Limit Approach Best? Gives readers a glimpse of who is planning and constructing some of the largest projects throughout the U.S. Environment. Power & Industrial.

Products

Products FAQ Bidding Engineering

Fast-tracking construction projects offers both risk and reward

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk

Risk Construction Schedule Estimating

Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

AUGUST 27, 2014

Did someone setup QuickBooks by trying to follow the built in template inside QuickBooks and you figured out you cannot get any of the financial and job costing reports you need to operate and grow your construction company? We Do QuickBooks Setup For Construction Beginning With Year 2000 And Up. Of course you are! User Permissions.

Contractors

Contractors Accounting Work in Progress Profitability

8 Main Types of Construction Contracts

Autodesk Construction Cloud

SEPTEMBER 1, 2022

There are many construction contract types out there. The construction industry uses different kinds of agreements depending on the project’s scope, delivery, schedule, budget, and the parties involved. We’ve made things easier by compiling the eight most common types of construction contracts and detailing the pros and cons of each.

Contract

Contract Maine Construction Agreement

Product Snapshot: Enhanced Tower Crane and Rapid-Assembly.

ENR Construction

AUGUST 10, 2012

Construction Methods. Construction Technology. Construction Schools. Since Owners are Demanding Designers Carry Higher Insurance Limits, Is a Split-Limit Approach Best? Gives readers a glimpse of who is planning and constructing some of the largest projects throughout the U.S. Environment. Power & Industrial.

Products

Products FAQ Bidding Education

4 Ways Materials Financing Can Help You Recession-Proof Your Business

What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Webinars

Trending Sources

What is the Difference Between ‘Hard Costs’ and ‘Soft Costs’ in Construction: A Detailed Comparison

Webinars

Construction Business Owner Blogs

Construction Business Owner Blogs

Construction Business Owner Blogs

Common Types of Construction Contracts And Their Use

Construction Business Owner Blogs

Commercial Construction Operations: Pulling Back the Curtain on Behind-the-Scenes Roles

Construction Business Owner Blogs

Construction Business Owner Blogs

Is PFI about to be reborn?

Construction Business Owner Blogs

Construction Business Owner Blogs

Construction Business Owner Blogs

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner Blogs

Construction Business Owner Blogs

Construction Business Owner Blogs

Construction Business Owner Blogs

Construction Business Owner Blogs

Key Financial & Safety Metrics for Subcontractor Qualification

Construction Business Owner Blogs

Construction Business Owner Blogs

What You Need to Know To Get a Surety Bond as a New Contractor

Construction Bookkeeping Unique Features

Unique Tips To Reduce Construction Company Start Up Stress

We Reduce Construction Company Start Up Stress

Guest Blog – 5 Common Misconceptions About Surety Bonds

London Olympics Construction Is Safest in Recent Times | ENR.

Contractors Are Renting Rather Than Buying More Equipment.

Guest Blog – 5 Common Misconceptions About Surety Bonds

New Contractor Business Start Up

A glossary of terms with reference to Construction Cost Estimating

Managing the Process of Innovation - ENR - McGraw-Hill Construction

Product Snapshot: Floor Laser and Riding Trowel | ENR.

Financial And Job Reports You Need Are In Our QuickBooks Template

We Fix Costly QuickBooks Setup Problems

Pulse: 08/13/2012

Product Snapshot: Upgraded Field Controller and iT4 Loaders.

Fast-tracking construction projects offers both risk and reward

Unique QuickBooks Setup For Contractors

8 Main Types of Construction Contracts

Product Snapshot: Enhanced Tower Crane and Rapid-Assembly.

Stay Connected