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A Deep Dive Into Gross Profit Margin For Construction Contractors

Contractor Bookkeeping

Between managing budgets, keeping track of expenses, and ensuring you're compliant with tax regulations, it's easy to feel overwhelmed. Navigating the world of finances can sometimes feel like trying to build a house without a blueprint. That's where your financial dream team comes in!

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The UK Sets the Scene for Mandatory ESG Laws in the Western World

Green Building Law Update

And maybe of greatest import, these new laws provide a map and compass for businesses believing that profit should come not from creating the world’s problems, but from solving them. Two separate regulations were “laid before Parliament by Command of Her Majesty and approved by a resolution of each House of Parliament”.

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Cannabis Retail Construction: How to Navigate the Green Rush

HardHatChat

Like any CRE sector, the cannabis industry comes with its own set of nuances for planning and executing construction projects – particularly since it is relatively new and highly regulated. That said, state regulations do add some additional layers to the nuts and bolts of these projects.

Retail 296
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Greener data centers can also be more profitable

BD+C

Two leading consulting firms that focus on data centers and other mission-critical facilities have released a white paper on data center sustainability, the first in a series of reports that will provide technical analysis for data center operators to help lower their centers’ carbon footprints in line with regulations targeting carbon neutrality by (..)

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Beware of Using Assemblies for Job Order Contracting

Job Order Contracting

Factors such as site access, soil conditions, and local regulations can impact the cost of construction activities. Overhead and Profit: Factor in overhead costs and profit margins using the establish/accepted coefficient. Labor Rates: Include current, local market labor rates for different types of work involved in the project.

Contract 245
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Job Order Contract Cooperatives – WHEN and HOW to Use Them

Job Order Contracting

Is the JOC Cooperative run buy a “for profit” enterprise or a government entity? Contracts are available to public schools, charter schools, private schools, community colleges, universities, cities, counties, other governmental agencies, and non-profits. No fees are charged to the Allied States Cooperative members.

Contract 244
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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. Plus, unforeseen circumstances like weather conditions, supply chain disruptions, or regulation changes can also arise. design and preconstruction.