The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
App for Contractors to Bid on Jobs – What to Look For
As a young construction contractor, it’s important to have the right tools to make your business profitable. An app for contractors to bid on jobs is a great starting point. But if you want to make a profit, that’s not enough. You also need job costing features to track your expenses and know your profitability. […]
Material Costs Skyrocketed in 2022 – How Contractors Can Deal With It
The 2023 National Subcontractor Market Report, a report created by Billd, a company that specializes in helping contractors acquire and finance materials for projects, has just been released. The report is based on survey of nearly 900 subcontractors around the country, a pretty good sample size. Some of the main takeaways from the report include […]
Using Contingencies to Cover Your A@# in Construction Job Bids
Construction projects are complex undertakings that involve a wide range of tasks, from planning and design to implementation and completion. While many construction projects are completed without incident, there are always unforeseen events that can arise during the course of a job. You can count on something going wrong! That’s why it’s essential for construction […]
The Critical Differences Between Bidding on Municipal/Government Work Versus Private Work
As a contractor, you will likely bid on work for both private entities as well as municipalities/government enties. While the end goal may be the same – to win the project – the processes, requirements, and nuances of each type of bidding can vary significantly. In this article, we will explore the key differences between […]
Why Materials Prices Can Change So Rapidly and What To Do About It
Let’s talk about something that affects all of us in the industry: the prices of materials. Have you ever noticed that the price of wood and other materials can go up like crazy one day, and then drop just as quickly the next? It can be frustrating, but there are reasons behind it that we […]
The High Cost of Not Accounting for Safety in Your Construction Job Bids
Construction sites can be dangerous places, and even with proper safety measures in place, accidents can still happen. Unfortunately, when a construction worker is injured on the job due to a lack of proper safety measures, the ramifications can be significant for the contractor and their business. In this article, we’ll explore the potential consequences […]
What Information Must Be Included In a Construction Job Bid?
A construction job bid is a document that outlines the proposed costs and timelines for a construction project. It is an essential tool for contractors to secure work and for clients to evaluate and compare different proposals. A well-written construction job bid should include the following information: Project Scope and RequirementsThe project scope and requirements […]
How Soil Samples Affect Your Excavation Bids
A soil sample is a small amount of soil that is collected from a specific area for testing and analysis. It is usually taken by using a soil sampling tool to collect a small amount of soil from various depths and locations within the designated area. The sample is then packaged and sent to a […]
Top 7 Mistakes to Avoid When Bidding Excavation Work
Excavation work is a vital part of construction, whether you’re building a new structure or renovating an existing one. Usually in construction some dirt’s got to be moved! Excavation can be lucrative, but bidding those jobs can be tricky, especially if you’re not familiar with the process. Here are 7 mistakes that contractors make when […]
Streamlining Your Residential Construction Estimates: Strategies to Save Time and Increase Accuracy
If you work in the construction industry, you know that creating estimates for residential projects can be a time-consuming and challenging process. With so many factors to consider, from labor costs to materials, it’s easy to get bogged down in the details. However, there are several strategies you can use to streamline your residential construction […]