The ProfitDig Blog

A recent article from ConstructionDive discussing the nonresidential construction sector can be summarized as follows: The nonresidential construction spending has decreased for the first time in 11 months, according to a report. The decline is attributed to various factors, such as rising material costs, labor shortages, and supply chain disruptions. These challenges have impacted the […]

Managing a construction business can be a daunting task, but it’s not rocket science! With a firm foundation and a sturdy framework, you can build an operation that’s as solid as the structures you erect. Here are seven easy-to-understand tips that could help streamline your operations and boost your construction business to new heights. Embrace […]

In the construction industry, managing risk and ensuring project completion on schedule is paramount. One tool that plays a critical role in risk management is a bid bond. Today, we are taking a deep dive into bid bonds in construction. We’ll cover everything you need to know about what bid bonds are, why they’re essential, […]

Improving local SEO (Search Engine Optimization) for general contractors can help increase their visibility and attract more potential customers in their target area. Here are 7 tips to improve local SEO for general contractors: Optimize your website for local search: Ensure that your website is optimized for local search by including your location in the […]

Understanding construction bid lists is an essential aspect of business growth in the construction industry. When you are on a bid list, you receive an invitation to submit a bid on a project, giving you the opportunity to showcase your capabilities and potentially secure lucrative contracts. This article is your handy guide to understanding what […]

A job isn’t complete until the final pieces of debris are carted away. In the construction industry, this clean-up process is a critical final stage, making way for the new structure to shine. Construction clean-up is a specialized field with its own set of rules and bidding processes. This article aims to demystify the process, […]

In the construction industry, the manner in which projects are delivered significantly influences a contractor’s approach, management style, and eventual success. One widely implemented method for large, complex projects is Construction Management at Risk (CMAR). However, what does CMAR mean for contractors? Let’s dissect it. What is Construction Management at Risk (CMAR)? CMAR is a […]

In the bustling world of the construction industry, understanding and effectively responding to construction tendering is paramount. This essential part of the industry not only fuels competition but also ensures the best possible service and quality for projects. Construction tendering is a process wherein businesses invite bids for large projects that must be submitted within […]

In the construction industry, there’s one thing that’s as crucial as the construction itself – it’s the \”construction takeoff.\” For those who are unfamiliar with the term, it’s not about buildings flying or excavators taking off like airplanes. Simply put, a construction takeoff is the process of estimating the amount of materials needed for a […]

A Guaranteed Maximum Price (GMP) contract is a popular form of agreement used in construction projects to establish a cap on the total project cost. Under a GMP contract, the contractor assumes the responsibility for completing the project within the agreed-upon budget. This article examines the significant benefits of using a GMP contract, including cost […]