Standardized Contracts and ConsensusDocs: a Win-Win
Standardized contracts provide tremendous benefit to the construction industry – they benefit the owner and the contractor. ConsensusDocs is the leading standardized contracts provider utilizing plain speak and fair risk allocation. Consider using them on your next project.
Construction projects are becoming more and more litigious. The cost of outside counsel is practically its own line item in a contractor’s estimate these days. Hiring a junior attorney today for pennies may later save you dollars. Read Now
Letters – Keep them Simple & Discrete
Written communication is a skill every good project manager must have. Knowing how to write a letter is critical during the project, and afterward in the case of a claim. Basic pointers for writing good construction letters are presented here.Read Now
Temperature Effects on Productivity
If you bid a job to be performed in warm or cool and comfortable weather, but your project is built in adverse weather conditions, perhaps your losses were a function of weather. Read Now
Unbalancing a Bid and Cash Flow
Cash flow is vital to a contractor’s survival. Taking advantage of setting unit prices in a bid, and also knowing cash strangle points is imperative for business owners and project managers. Read Now
Your Financials: What They’re Looking At
Some parties may require their own review of your financial reports before doing business with you. The two documents of interest to these parties are the income statement and the balance sheet.Read Now
Runasset is a simple, affordable, & powerful means of knowing the condition, location, and current user of assets in your company!