Mar 10, 2022 | Blog, Finances, Job Bidding
AIA contracts are standard forms used in many construction projects across the United States. It outlines the responsibilities of both the contractor and the owner and can be used as a legal agreement between both parties. In this article, we will discuss the key...
Nov 18, 2021 | Job Bidding, Blog, Construction Equipment, Finances, Hiring
Here are some items that represent MAJOR dangers to your business. Putting All Your Eggs in One Basket One thing that you’ve got to be aware of is something my Dad always warned about (even though we ended up falling into the same trap), which is putting all of your...
Oct 22, 2021 | Job Bidding, Blog, Finances
Excerpted from the book “Digging for Profit: Secrets to Success in the Construction Industry” by Jeff Spencer and Jerry Work. So you have just bid on a job, or part of a job as a subcontractor, and you’ve received a contract back from the general...
Oct 19, 2021 | Job Bidding, Blog, Finances
In construction, “GMP” stands for “Guaranteed Maximum Price.” It is a contract whereby the General Contractor guarantees that the total cost of a project will not exceed a set amount. It is often a sort-of design-build kind of thing because the GC and its subs do the...
Jun 3, 2021 | Finances, Blog
Constructiondive.com recently published an article that we thought did an excellent job of explaining the surge in lumber prices. You can read the complete article here. Here is a bullet point summary of the items discussed in the article: Many sawmills closed down...
Dec 29, 2020 | Management, Blog, Finances, Marketing
As we discussed in our last issue, 2021 is going to be a competitive year. If you want to succeed, you need to manage your business well (professional job bidding, accurate costing, etc.) AND you need a marketing plan to create new business! So let’s talk about...
