Major disputes can arise in fixed-price contracts when subcontractors perform work on unwritten change orders, and both sides can lose big. Not having the change order in writing makes it hard to prove that the change is not a defect and even harder to get paid for the work. An owner who doesn’t receive a […]
The Dotted Line: How construction firms can manage the ‘necessary evil’ of change orders in construction
How construction firms can manage the ‘necessary evil’ of change orders in construction The following is the seventh installment of Construction Dive’s “The Dotted Line” series, which takes an in-depth look at different construction contract types each month with expert input. Read the first six installments here, here, here, here, here and here. By Kim Slowey | Construction projects, […]
Construction Tips – Moving Beyond Your Niche
Sometimes, it’s easy to specialize in certain types of jobs. You may find them more enjoyable than others or they might play to your talents a bit more. It may even be that you simply got used to them after working a number of them in a row. Regardless, they’ve become something of your […]
Document Management – How It’s Hurting Your Bottom Line & How To Fix It
I think you’ll agree with me when I say:It’s REALLY tiresome dealing with manual coordination of documents, human error, missing files, and, all-in-all, leaving money on the table. But is this all necessary?Absolutely not! It turns out, you can dramatically change your misfortunes and keep your projects on track…In today’s post, I’m going to disclose […]
(The 5 P’s) Proper Construction Planning Prevents Poor Performance!
John Wiegand is a construction professional with 30+ years of experience, Wiegand has had the fortunate (and frequent) pleasure of talking to a variety of customers and construction industry experts. The more conversations John has had, the more he realized there is a sizable knowledge gap when it comes to understanding the value of proper […]
Why YouTube May be Helpful for YOUR (Electrician) Small Business
YouTube is a social network unlike any else: it allows users to share videos ranging from short and informative to in-depth and thought provoking. As a small business owner, you can harness the power of YouTube to add to your brand, expand your name and appeal to your customer base. Why Make YouTube Videos? […]
Contractors, Subcontractors, and the age of Construction Management Software
One of the consequences of the “do more with less” emphasis in construction is that everyone who participates in designing and building a project plays a more important role—subcontractors included. Building owners seek to satisfy customer demand for eco-friendly, ergonomic environments, all while keeping costs in check and projects on schedule. The result? Everyone must […]
Finding the Right Project Management System
As more and more construction companies downsize, the all-important project management role is under threat, which is compromising the overall quality of construction work. When the top-quality, experienced project managers retire they are often replaced with relatively inexperienced staff who are now more reliant than ever on data management. Without a good project management system […]
Tips: How to attract Construction Millennials
Tips: How to attract Construction Millennials The construction industry has been in the threat of a worker shortage for years now as many baby boomers are retiring, the Great Recession forced many construction laborers out of the industry, and fewer and fewer millennials are interested in joining the construction industry. In fact, a 2015 poll from […]
Tips to Cut the Cost of Construction Workers Compensation Insurance
Tips to Cut the Cost of Construction Workers Compensation Insurance You can control the cost of your construction workers compensation insurance by knowing a few insider tips used by workers compensation cost control consultants. What follows are proven methods to reduce the cost of this vital insurance to the absolute minimum. Your Experience Modification Most […]
Strengthen Your Digital Marketing to Drive More Sales
6 resources to streamline & enhance in-house digital marketing operations to promote your construction firm Before the Internet, the main way brands reached consumers was through advertising in newspapers, magazines, television commercials, billboards and on the radio. While traditional marketing channels are still prevalent, they are not always an option for most businesses because of […]
What is Construction Fraud and How to Combat it
What is construction fraud: Identify likely fraud schemes and develop internal controls to reduce risk. One particular statistic keeps many construction business owners and executives up at night: a typical case of fraud within the construction industry has a median loss of $245,000. This is based on the 2014 Report to the Nations issued by […]
Construction Jobsite Safety? Create a Culture of Success With These Proven Techniques
Construction Jobsite Safety? Create a Culture of Success With These Proven Techniques Companies devote significant resources to developing safety programs and instilling a culture of jobsite safety within their workforce. Businesses that are successful in building a safety philosophy have seen workplace injuries decline, productivity increase and insurance costs cut. A wide range of companies […]
Don’t Roll the Dice When it Comes to Risk Management
To err is costly in the construction world, so don’t roll the dice when it comes to risk. Although contractors continue to improve their focus on risk management, accidents happen daily at construction sites all over the country, some resulting in tragic loss of life. However, certain steps can be taken to reduce construction accidents […]
5 Musts for Completing Projects on Time
Intelligent Time Management in the Construction Industry. Construction is a complex process, involving numerous activities and participants throughout the entire undertaking. The requisite tasks, as well as the responsibilities of the owner, architects, contractors, and subcontractors, may be organized in many different ways to deliver the desired result. Saving Time and Money. Time is […]