The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
Evaluating Heavy Equipment Manufacturers’ Durability Track Record
The construction and mining industries rely heavily on heavy equipment to perform essential tasks efficiently and effectively. From excavators and bulldozers to cranes and loaders, these machines are the backbone of various operations. When investing in heavy equipment, durability becomes a critical factor for consideration. In this article, we will delve into the durability track […]
What Is a Foreman? The Crucial Role of a Foreman in the Construction Industry
We publish articles all the time about running a successful construction company. One of the main guys responsible for successful, profitable projects is the foreman. But just what is a foreman? Let’s discuss. In the intricate mosaic of the construction industry, where professionals with diverse specializations harmoniously contribute towards the creation of awe-inspiring structures, the […]
How to Start an Excavation Company: A Guide for Construction Workers with a Dream
IntroductionStarting your own excavation company can be an exciting and rewarding venture for construction workers or operators with a dream of running their own business. However, it requires careful planning and a solid understanding of the industry. The WORST thing you can do is attempt it without being properly prepared. You could very well end […]
The EPC Contractor: What They Do and How to Work With Them as a Subcontractor
If you’re a part of the construction industry, chances are, you’ve heard the term EPC Contractor thrown around. EPC stands for Engineering, Procurement, and Construction. So, what exactly is an EPC contractor, and why are they so crucial in the construction sphere? Let’s break it down. Who is an EPC Contractor?An EPC contractor, often referred […]
Cleaning Up with Construction Clean-up Bids
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, […]
Construction Management at Risk: The Risks and Rewards for Contractors
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 […]
Construction Tendering: What It Is and How to Participate Successfully
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 […]
Mastering Construction Takeoff: A Simplified Guide for Accuracy
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 […]
4 Benefits of a Guaranteed Maximum Price (GMP) Contract
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 […]
Becoming a Construction Foreman – a Blueprint for Success
In the construction industry, one role that offers considerable responsibility and a chance to significantly impact project outcomes is the construction foreman. But how does you climb the ladder from construction worker or operator to foreman? Here’s a straightforward, achievable plan that can set you on the right path. Step 1: Get a Solid Foundation […]