Jun 16, 2023 | Blog, Finances, Management
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...
Jun 14, 2023 | Blog, Career, Management
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...
Jun 12, 2023 | Blog, Construction Equipment, Job Bidding, Management
The construction industry often presents unique logistical challenges, one of which is mobilization — the process of moving resources such as equipment, materials, and personnel to and around a jobsite. Being a critical first step in the construction project...
Jun 7, 2023 | Blog, Career, Management
In the construction industry, the efficient management of your crew is crucial for delivering projects on time, within budget, while maintaining high standards of quality. Equally important is creating a supportive and empowering work environment that fosters...
May 24, 2023 | Blog, Career, Management
As an essential component of the construction industry, general contractors carry significant responsibility. Tasked with overseeing the day-to-day operations on a construction site, managing vendors and trades, and communicating updates to involved parties, a general...
Apr 26, 2023 | Blog, Finances, Job Bidding, Management
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...
