HardHatChat

SEPTEMBER 26, 2018

Here are three examples of when you should reach out to your commercial construction general contractor. Often a commercial general contractor isn’t tapped for a project until the specific site is already locked in. If You Need Rough Budgeting Across Multiple Cities. Before You Select A Site.

Commercial 410

Commercial Contractors Construction Budgeting 410

cnstrctr

AUGUST 30, 2020

The post Why Construction Projects Go Over Budget appeared first on cnstrctr. And what you can do to prevent them from going over.

Budgeting 148

Budgeting Budget Construction Permits 148

Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. Let’s explore 10 of the most common mistakes made by contractors with the best way to avoid the worst. Neglecting Safety Measures.

Contractors 296

Contractors Software Software Accidents 296

Construction Business Owner

MARCH 23, 2023

Industry Statistics Show Benefits & Resistance to Lean Construction ccapoccia Thu, 03/23/2023 - 08:35 By now, most contractors have heard of “lean” construction; it has clearly gained a foothold in the practices of many contractors.

Statistics 334

Statistics Industrial Construction Budgeting 334

Contractor Bookkeeping

NOVEMBER 10, 2023

While the future remains a mystery, budgeting and cash flow forecasting tools can significantly reduce uncertainty, allowing you to anticipate challenges, learn from past events, and enhance your ability to navigate your business.

Cash Flow 122

Cash Flow Budgeting Budget Forecasting 122

Wolgast Corporation

DECEMBER 12, 2022

Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. We can come to the owner with ideas without delays.

Budgeting 127

Budgeting Budget Estimating Construction 127

Construction Business Owner

MAY 1, 2024

Working in uncertainty can lead to budget overruns, delays and decreased profitability, making it challenging to keep up. This allows you to strategically evaluate and adjust your estimates and budgets based on how prices have fluctuated in past, similar market conditions. What Can You Expect From Data Insights – Cost Trends?

Materials 345

Materials Construction Budgeting Budget 345

Construction Business Owner

MARCH 9, 2021

To ensure each responsibility is met and every architect, contractor and supplier remains on schedule and on budget, effective construction project managers need to use tools and strategies that help streamline their work.

Project Management 357

Project Management Management Budgeting Budget 357

Job Order Contracting

APRIL 8, 2025

Owners, design-builders and oversight groups no longer have to rely soley on national average cost data, location factoring, contractor quotes, or historical information. Poorly developed budgets can undermine credibility, while cost overruns and project delays affect mission-critical operations.

Estimating 234

Estimating Construction Organization Procurement 234

Construction Business Owner

DECEMBER 17, 2021

In the past few years, there has been an explosion in the types of technology available to contractors on-site. The potential to improve productivity and increase budget and schedule certainty are among the appealing benefits that these technologies have the potential to offer. Data-Driven Safety On-Site. Alex Headley.

Safety 348

Safety Site Zoning Budgeting 348

Contractor Bookkeeping

APRIL 19, 2024

As a construction company owner, you have the best chances of success when you regularly set budgets, develop financial forecasts, and establish goals. Budgeting, forecasting, and goal-setting are best business practices that can help you stay on track and ensure long-term success.

Forecasting 126

Forecasting Budgeting Budget Construction 126

Viewpoint Construction Technology

JUNE 6, 2019

Improving collaboration between contractors and clients is key to building long-term relationships. Simply getting the job done isn’t enough for today’s leading contractors. Contractors know that creating a positive culture — combining real-time collaboration with excellent execution — that breeds happy clients.

Contractors 217

Contractors Software Software Budgeting 217

Construction Business Owner

FEBRUARY 10, 2020

The question of why commercial real estate construction contractors and developers should be adopting advanced, user-friendly technologies and enterprise resource planning (ERP) systems is easy to answer.

Change Orders 314

Change Orders Permits Mobility Budgeting 314

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

Construction Business Owner

DECEMBER 31, 2022

Contractors can’t afford slowdowns or inefficiencies during a project. Construction management (CM) software allows for constant communication, documentation and collaboration, ensuring the project stays on track and on budget. Inside the Advantages of Construction Management Software. Sat, 12/31/2022 - 07:39.

Software 296

Software Software Management Construction 296

Job Order Contracting

MARCH 7, 2025

Better contractor alignment Estimates match how local subcontractors and suppliers bid , reducing disputes. Real-time, granular, locally researched data is essential for Lean construction, JOC, and Progressive Design-Build to ensure cost transparency, prevent budget overruns, and enable informed decision-making.

Management 147

Management Estimating Change Orders Construction 147

Viewpoint Construction Technology

MAY 16, 2019

Sometimes, staying in the green can be difficult with large budgets and complex projects that have many details and variables. From designing effectively to reducing waste, we have come up with seven tips and best practices that can help contractors stay above water. Design Effectively.

Contractors 295

Contractors Inventory Schedule Materials 295

HardHatChat

MARCH 4, 2019

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

Project Management 349

Project Management Commercial Management Construction 349

HardHatChat

MAY 1, 2018

Here are 5 reasons why you should partner with your Commercial General Contractor for facility management and maintenance: 1. When the commercial contractor that built or remodeled a facility also manages its maintenance, they are already intimately familiar with the building. Budget and Planning Efficiencies. Insider Knowledge.

Commercial 298

Commercial Management Contractors Remodeling 298

Contractor Bookkeeping

MARCH 28, 2025

This includes managing budgets, ensuring compliance with regulations, and maintaining client relationships. Handling a problematic construction contractor on a job site can also add to your work challenges, but adopting a proactive and positive approach can help you manage the situation effectively.

Construction 106

Construction Legal Regulation Management 106

HardHatChat

FEBRUARY 27, 2018

Updates to common areas and amenities are a smart investment for senior community improvement and facility budgets, since these spaces have such high impact with residents and their families. If a contractor is already coming in to upgrade lighting to LED, it may also be a good time to switch out light fixtures for a quick cosmetic refresh.

Renovating 330

Renovating Housing Construction Budgeting 330

Construction Business Owner

DECEMBER 11, 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 253

Profitability Overhead Bidding Income 253

Contractor Bookkeeping

NOVEMBER 1, 2024

Delayed decisions and unfinished tasks not only affect timelines but can also impact budgets and client satisfaction. The fast-paced construction world can lead to missed deadlines, increased costs, and frustrated clients.

Construction 26

Construction Budgeting Budget Project Management 26

Job Order Contracting

JULY 7, 2024

Financial Management Issues Budget Overruns : There have been instances where projects managed by GSA PBS exceeded their budget estimates, leading to increased costs and financial inefficiencies. This can be attributed to both the selection process and insufficient management of contractors.

Management 242

Management Budgeting Budget Contract 242

Job Order Contracting

APRIL 21, 2022

JOC Construction RFP Planning and Procurement – Program Contract Organization, Documents/Bid Packages/Forms/Checklists/Approvals, Roles in Construction Projects, and Contractor Selection. Contractor/Subcontractor Management. Budget Tracking. Program Portfolio Management. Contract Management. Work Order Management.

Bidding 264

Bidding Procurement Claims Roads 264

Construction Business Owner

NOVEMBER 21, 2022

Learn easy-to-implement processes and systems to help contractors save time, maintain control over spending and keep fraud at bay. Time is the most valuable commodity — and most contractors have very little of it. How you can never go over budget again. . Rotator Image. Status of webinar Featured. Tue, 12/13/2022 - 12:00.

Budgeting 296

Budgeting Budget Contractors US 296

Construction Marketing

OCTOBER 16, 2023

Sometimes, even the most experienced developers, contractors, owners, and construction managers find it challenging to maintain the highest efficiency standards and stay organized throughout the entire construction process. Your construction plan should include clear goals, schedule, budget, equipment, dependencies, and team members.

Construction 337

Construction Budgeting Budget Materials 337

Viewpoint Construction Technology

MAY 16, 2019

Sometimes, staying in the green can be difficult with large budgets and complex projects that have many details and variables.

Contractors 182

Contractors Budget Budgeting Green 182

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. Budget and Estimate versus Actual and Committed Budget Tracking. Contractor Management. Contractor Proposal/Bid Management. Initial and ongoing training. Bid Management.

Sustainability 264

Sustainability Management Estimating Budgeting 264

Construction Marketing

FEBRUARY 17, 2022

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. What to consider about construction loans.

Construction 283

Construction Budgeting Budget Drawings 283

Job Order Contracting

JANUARY 26, 2025

Why do commercial contractors and real property owners continue to use these outdated tools and methods? Perceived Industry Standard Many contractors and owners assume these databases represent an acceptable level of accuracy because they are widely used and marketed as reliable.

Estimating 130

Estimating Software Software Construction 130

HardHatChat

MARCH 20, 2025

Experience is Not the Only Measure of a Great General Contractor In the world of commercial construction, developers and construction directors often face a common challenge: finding a general contractor they can trust. One of the most frequent concerns we hear is, “Have you done this exact type of project before?”

Commercial 120

Commercial Construction Retail Contractors 120

Job Order Contracting

FEBRUARY 4, 2021

What defines a great JOC Contractor? The post JOC Contractor appeared first on 4BT.

Contractors 147

Contractors Negotiation Budgeting Budget 147

Construction Dive

APRIL 14, 2025

Contractors are receiving price hike notices on several key inputs, complicating efforts to plan and budget new projects.

Materials 152

Materials Budget Budgeting Plans 152

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?” The simple truth is that if companies do not have the necessary tools and access to critical cost and productivity data, they are at great risk of missing the schedule and coming in over budget.

Bidding 220

Bidding Budgeting Budget Schedule 220

Construction Business Owner

JUNE 21, 2018

The pace of business is increasing all the time, and there is more pressure than ever on decision-makers to act quickly and decisively to keep operations running smoothly, projects on schedule and budgets in check. For contractors, this pace is even harder to keep up with, due to the nature of the business.

Budgeting 212

Budgeting Budget Schedule Construction 212

Construction Business Owner

SEPTEMBER 29, 2020

5 Ways Contractors Can Improve Profitability. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. How to determine your true costs so you can master the budgeting process. How to reduce the risk of every project. Greg Ragsdale.

Profitability 207

Profitability Virgin Islands Contractors Puerto Rico 207