PSMJ Resources

JULY 10, 2008

Got an e-mail the other day from PSMJ colleague Dave Burstein, who heads up our consulting and training. Dave had some advice for firms looking to cut overhead. CUTTING OVERHEAD? Over the years, we’ve seen many firms go on overhead cutting campaigns. I thought I would share it here, followed by my thoughts at the end.

Overhead 40

Overhead Inventory IDEA Consulting 40

PSMJ Resources

JULY 23, 2012

11 Ways to Cut Overhead. Here are eleven creative ideas to reduce your overhead expenses. Assign collateral duties to everybody in the office, virtually eliminating overhead positions. Scarlett Consulting. 11 Ways to Cut Overhead. skip to main | skip to sidebar. Monday, July 23, 2012. Require all project-related.

Overhead 40

Overhead Resource ACEC IDEA 40

Job Order Contracting

JULY 26, 2019

that reflects contractor overhead and profit, and other items as allowed via the contract. The latter is generally excessively costly and may present the risk of fraud if a JOC consultant is involved in JOC Program management. The latter is a factor, generally around 1.2 Job Order Contracting Basics.

Contract 147

Contract CSI Regulation Renovating 147

Safety Services Company

DECEMBER 4, 2014

Creating new processes that are more efficient, and reducing material costs and overhead are critical parts of the profit equation, but cutting corners and skimping on safety are not. A frequently overlooked resource for improving your workplace safety is to take advantage of the OSHA consultation program.

OSHA 67

OSHA Consulting Inspections Safety 67

Help Everybody Everyday

AUGUST 19, 2009

A common pricing format within the consulting world is the hourly rate. Your loaded rate is the (Actual Rate + (Actual Rate * Overhead %) + Fee. However, when providing loaded rates, it is important to have an understanding of overhead. Most clients will pay all or a portion of your audited overhead costs. Field Overhead.

Overhead 63

Overhead Profitability Accounting Office 63

Job Order Contracting

JULY 10, 2017

Reduced overhead for both owner and contractor. Excessive reliance upon JOC consultants (IMPORTANT NOTE: A JOC consultant should NEVER be paid a fee based upon JOC construction volume and also be in a position to approve JOC projects/task orders.). Financial transparency. Few change orders. Risk reduction. Focus upon outcomes.

Renovating 100

Renovating Construction Procurement Change Orders 100

Job Order Contracting

OCTOBER 6, 2016

The level of cost detail should incorporate Material, Equipment, and Labor details as appropriate to the task, and a total not incorporation overhead & profit. Consultants run JOC programs in some instances may actually receive a fee to approve/disapprove JOC projects.

Contract 100

Contract Overhead Consulting Architecture 100

Construction Enquirer

MAY 15, 2023

The company said: “ With the new factory becoming operational at a time of subdued demand, disciplined capacity management is key to our ongoing success and we are presently consulting on measures to temporarily reduce our production, including the mothballing of our Howley Park brick factory.

Housing 103

Housing Overhead Inventory Products 103

Job Order Contracting

JULY 21, 2019

A coefficient is applied to the total of the proposal/estimate which included the contractor’s overhead and profit and other items as allowed per the JOC Program. The JOC contractor then responds with a proposal/project estimate developed using the approved current UPB. When Is Job Order Contracting Used?

Contract 138

Contract Management Procurement Change Orders 138

Viewpoint Construction Technology

APRIL 24, 2019

For example, crews in the field can benefit from analysis that predicts material ordering needs, ensuring that the right materials are always on hand when they need them while project managers can streamline project planning by having material orders built into workflows.

Construction 200

Construction Software Software Contractors 200

Job Order Contracting

JULY 21, 2019

A coefficient is applied to the total of the proposal/estimate which included the contractor’s overhead and profit and other items as allowed per the JOC Program. The JOC contractor then responds with a proposal/project estimate developed using the approved current UPB. When Is JOC Used?

Contract 130

Contract Management Procurement Change Orders 130

PSMJ Resources

JULY 11, 2013

the premier management consulting firm for the architecture, engineering, and construction industries, is thrilled to announce this year’s members of the 2013 Circle of Excellence. Argus Consulting, Inc. BAM Architecture Studio NK Architects Baylis Architects OBEC Consulting Engineers, Inc. Hyde Engineering + Consulting, Inc.

Resource 58

Resource Cash Flow Las Vegas Consulting 58

Job Order Contracting

AUGUST 26, 2016

Should a UPB include overhead and profit? A UPB should reflect costs for a specific task without applying full overhead and profit. An allocation in the UPB for overhead and profit is generally acceptable in certain situations, if it is clearly noted. This increase in cost should is accounted for via a modifier.

Contract 100

Contract Overhead Profitability Contractors 100

Construction Junkie

SEPTEMBER 25, 2020

Unsatisfied with stopping at direct cost, the researches at Navigant then turned their attention to overhead costs, which include managerial, supervisor, and site safety costs. Review of Constructability Hiring an independent contractor or consultant is recommended to review all construction documents prior to start of construction.

Change Orders 103

Change Orders BIM Documentation Overhead 103

Construction Specifier

JUNE 1, 2021

Innovative engineering has made closer hinges more compact and functional; the new generation of products provides unique combinations of features and benefits to address door closing challenges that are not satisfactorily met by overhead surface-mounted door closers. Performance. The closer hinges have built-in door stops. Aesthetics.

Overhead 52

Overhead Visualization Injury CSI 52

Construction Dive

OCTOBER 14, 2012

The word is becoming associated with corporate mandates; long, gut-wrenching meetings; expensive consultants and software; increased staff; and an overall increase in overhead. By Treighton Mauldin “Lean” is a word that makes many people in our industry start to sweat.

BIM 48

BIM Overhead Consulting Software 48

Construction Cost Estimating

DECEMBER 17, 2014

Labor , materials , machinery, transport, overheads and profit). Labour cost Charges of using water Taxes Risk and insurance coverages Profit and overheads Some other important points: Percentage of profit is 5-10 per cent. But the overhead is normally 3 - 7.5 Indirect cost is those of consulting charge or out source changes.

Overhead 45

Overhead Profitability Transportation Materials 45

Job Order Contracting

MARCH 2, 2017

That said, Owners must provide leadership and be competent in supporting JOC without the excessive reliance upon JOC consultants. is intended to include contractor overhead, profit and any items that reflect the contractor and/or site and/or requirements. The total of the estimate is then multiplied by a coefficient.

United States 100

United States Contract Procurement Software 100

Construction Dive

FEBRUARY 25, 2016

It is part of the contractor’s general and administrative overhead. In those cases, the cost of legal, accounting and consultant services are recoverable as extra work in the administration of a contract.A By Bruce Jervis Generally, the cost of administering a contract is built into the fixed contract price.

Overhead 48

Overhead Contract Accounting Legal 48

Viewpoint Construction Technology

FEBRUARY 4, 2019

The data has to be re-entered into their back-office system, which takes extra time and requires additional staff overhead. A miscommunication is identified, the project manager consults digital documents via a mobile device to find the evidence needed to show that a task was completed. Field staff time tracking. Conflict resolution.

Software 130

Software Software Construction Documentation 130

Lets Build

MAY 26, 2017

Using construction software they would be completely redundant and save on the overhead wages bill. When a new project team is formed, running from Client, Consultants, Main Contractor and Subcontractors , it is quite possible that none of them have ever worked together before. Read here: The Future Of Construction – BIM.

Software 164

Software Software Construction Budget 164

Construction Marketing Ideas

AUGUST 15, 2012

Done right, this will allow some employees not traditionally associated with sales and marketing to contribute useful skills without significantly increasing business overhead. After the meeting one of the region’s largest contractors invited me to provide some direct consulting.

Renovating 63

Renovating Overhead Construction Retail 63

Job Order Contracting

AUGUST 15, 2016

Follow Job Order Contract requirements with respect to bonding and overhead related costs. Use JOC unit price books that are not transparent, and/or developed by a consultant or third party that has management responsibility for the JOC program. Update the UPB annually and apply a quarterly economic adjustment factor.

Contract 100

Contract Estimating Bidding Contractors 100

Job Order Contracting

SEPTEMBER 29, 2017

The proposal shall be certified as contract compliant by a reviewer independent of the contractor, and a member of the owner organization (not a JOC consultant or other third party with a financial interest tied to the value of construction volume, or other association that could lead to the potential for fraud. (m)

Organization 100

Organization Contract Liability Contractors 100

Job Order Contracting

JULY 29, 2021

Bid shopping can occur and actual overhead and profit amounts are unknown. Agency construction manager is hired as a consultant to help represent the owner’s interests during the construction phase of a DBB project. B id shopping can occur and actual overhead and profit amounts are unknown. May not be allowed in some states.

Design 130

Design Bidding Engineering Construction 130

cnstrctr

JANUARY 4, 2020

Under a lump sum contract the consultants are typically engaged by the owner and the contractor falls under a separate contract with the owner. The contract is typically governed by the prime consultant. The major difference however, is that the contractor engages the consultants and provides a complete proposal to an owner.

Contract 88

Contract Construction Finance Documentation 88

Construction Marketing Ideas

FEBRUARY 25, 2016

It is part of the contractor’s general and administrative overhead. In those cases, the cost of legal, accounting and consultant services are recoverable as extra work in the administration of a contract. Generally, the cost of administering a contract is built into the fixed contract price.

Project Management 48

Project Management Management Contract Consulting 48

PSMJ Resources

APRIL 8, 2009

Anecdotal chatter among PSMJ consultants and on the LinkedIn networking site among A/E industry professionals leads me to think the answer to this is yes, even though the hard data that comes out from the American Institute of Architects (the Architectural Billings Index) and FMI says we are either at the bottom or haven't quite reached it yet.

Forecasting 40

Forecasting Overhead Spirit Consulting 40

PSMJ Resources

MAY 26, 2011

the premier management consulting firm for the A/E/C (architecture/engineering/construction) industries, published its annual PSMJ Circle of Excellence for 2011 on wednesday. Alfred Benesch & Company Atlantic Coast Consulting, Inc. GBBN Architects Geosyntec Consultants, Inc. PSMJ Resources, Inc., Greeley and Hansen, LLC.

Resource 40

Resource Cash Flow Overhead Consulting 40

PSMJ Resources

MAY 28, 2009

the premier management consulting firm for the A/E/C (architecture/engineering/construction) industries, today published the 2009 PSMJ Circle of Excellence. The Survey provides detailed data and analysis on operating profits, overhead rates, utilization, financial ratios, marketing costs and much more. About PSMJ Resources, Inc.

Resource 40

Resource Cash Flow Overhead Consulting 40

PSMJ Resources

MAY 25, 2010

the premier management consulting firm for the A/E/C (architecture/engineering/construction) industries, today published the 2010 PSMJ Circle of Excellence. Atlantic Coast Consulting, Inc Barker Rinker Seacat Architecture Bernardin Lochmueller & Associates Inc Brown Engineers LLC CP&Y Inc Cooper Zietz Consulting Engineers, Inc.

Resource 40

Resource San Diego Cash Flow Overhead 40

Pro Builder

JANUARY 7, 2022

A central interior courtyard is the home’s focal point; almost every room has a view of it, including the garage—which features a clever overhead door that extends the courtyard’s entertainment footprint. ENERGY CONSULTANT/VERIFIER: Two Trails , Parrish, Fla. A pair of louvered pergolas and a cabana (lower right) provide shade.

Tampa 111

Tampa Design NAHB AIA 111

Help Everybody Everyday

JANUARY 17, 2010

management/marketing consultant (full time since 97/98) the key is. get work to cover overhead/keep staff with in and of itself change the. revenue ratio, public sector work with prescribed/predictable overhead. expenditures as % of overhead and revenue ratios, etc.). . negative) for your firm. . Third, mathematic.

Overhead 48

Overhead ACEC Industrial Consulting 48

Rory Woolsey

MAY 31, 2012

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Overhead: Overhead is the markup for the general contractor’s home office overhead.

Estimating 40

Estimating Overhead Profitability Remodeling 40

PSMJ Resources

JULY 15, 2014

the premier management consulting firm for the architecture, engineering, and construction industries, announces members of the 2014 Circle of Excellence. Phillips + Bacon Consulting Engineers DGR Engineering Praxis3 Enterprise Engineering, Inc. Robinson Consultants Inc. GEC Architecture Rodgers Consulting Inc.

Resource 40

Resource Cash Flow Consulting Engineering 40

Construction Marketing Ideas

MAY 27, 2016

You might seek some consulting advice. The challenge here is that various consultants arrive in the business through their own perspectives and backgrounds — and they will recommend a framework for you based on their biases and experiences. (I A simple strategy, one I would apply for other consulting clients.

Consulting 48

Consulting Overhead Plans Conference 48

Pro Builder

JULY 28, 2021

The design studio environment and a professional Design Consultant help buyers gain a better understanding of the products they're interested in and support the decision-making process. With that, consider adding a part-time or full-time support person to increase Design Consultant efficiency. Photo: courtesy Success Strategies.

Design 98

Design Profitability Retail Resource 98