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Next year’s construction forecasts, released in December haven’t been good; industry experts predict a downturn in every single sector of construction for 2009. The bid markets have slowed, but likely not as much as we’ll see in the months to come. Major projects in Las Vegas are being mothballed, shutting down mid-stream.
March finds the bid market slowing in many areas, but holding its own in a few areas. However some of our clientele reports that it’s still possible to bid a job with some profit, and actually get awarded the job. Job prices continue to plummet as marginal contracting firms fight for survival.
In the last few years, we’ve seen more bidding activity on fewer jobs, indicating an increase in competition for construction projects. . To win more work, firms must be able to quickly deliver competitive bids that stand out. . Technology may alleviate these issues by enabling SMBs to create smarter budgets and forecasts.
Risk management forecasting needs to happen before anyone ever puts a hard hat on. He was born in Hawaii, and his father’s career took the family all over the world — Germany, Texas and Idaho, to name a few, and eventually Illinois. As we bid these projects, their RFPs have got a lot of safety requirements in it.
Risk management forecasting needs to happen before anyone ever puts a hard hat on. He was born in Hawaii, and his father’s career took the family all over the world — Germany, Texas and Idaho, to name a few, and eventually Illinois. As we bid these projects, their RFPs have got a lot of safety requirements in it.
The past several years starting in late 2008 have been anything but normal and frankly, we are having a tough time with the economic forecasts models we follow including our own internal ones. If the homeowner is having trouble putting food on the table then a new roof is not a high priority, yet.
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