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Creating a JOC Coefficient?

Job Order Contracting

Contractors must evaluate multiple factors in addition to the associated use of their own capabilities and resources. General / Prime Contractor Profit and risk. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance.

Insurance 238
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Understanding Design Defect Legal Liability

Construction Business Owner

As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability 207
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Resource Center. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry.

Risk 120
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Resource Center. Querying different type of jobs in job costing to look at profitability by type. Do some research and check out some of the resources, tools, and software programs available to you. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. Business Plan. Final Thoughts.

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Finding the Equipment Management Sweet Spot

Viewpoint Construction Technology

So, taking proper care of heavy iron the machines is key to bringing in projects on time and maximizing profitability. Owning vs Operating: Maximizing Construction Equipment Productivity and Profitability. When a piece of equipment is purchased, there are ownership costs that occur regardless of how the machine is used.

Equipment 189
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Resource Center. If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.