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Why Do Builders Do Competitive Bidding?

Why Do Builders Do Competitive Bidding?

Competitive Bidding For some, perhaps most builders, competitive bidding simply comes with their territory. It is often their best avenue into projects. They do a type of commercial or public work for which it is not often possible to win contracts by any other means. Some builders who might be able to go down another road actually prefer competitive bidding for the relatively arm’s-length nature of the process. Owners ask you for a bid, you give it. It’s low, you win. You feel no obligation to warn of problems in the design or hold the hand of an anxious client, you just build to the plans and specs.  A few builders seize upon competitive bidding as a fast track to high volumes of work....

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Best Practices

Assigning the Project Team

Assigning the Project Team

Assigning the Project Team One of the very first tasks that must be taken care of by the project manager is putting together the project team. Depending on the size and complexity of the administrator, general superintendent (maybe even an assistant superintendent) and at least one field engineer....

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Tech Corner

Quick Tips On Implementing New Technology

Quick Tips On Implementing New Technology

There are so many quick tips on Implementing new technology. New technologies can be great for your company. It can increase productivity, increase sales, and make your company better all around. Unfortunately there is also much baggage associated with the adoption of new technology. Many of us...

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Building Your Business

Inspection and Procurement in Pre-Construction

Inspection and Procurement in Pre-Construction

The Permitting and Inspection Process Inspection and procurement are probably the most crucial aspects of the pre-construction process. The owner may secure building permits before the project is let out for bids, but in most instances, this task is typically handled by the construction management...

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Establishing Work Hours

Establishing Work Hours

Establishing Work HoursSetting work hours is a responsibility usually associated with construction operations and job site management that the superintendent must attend to. The standard eight-to-four routine is not always the norm in the construction industry. Adjusting work hours to accommodate...

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The Power of Operating Capital

The Power of Operating Capital

The Power of Operating CapitalWith cash in the bank, you will be better able to resist the tendency to produce dangerously low estimates when work is slow. If you see your accounts nearly empty and realize that soon you will be unable to pay for your company’s insurance or pay yourself enough to...

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The Project Control Cycle

The Project Control Cycle

The Project Control CycleConstruction is a dynamic process, and no two projects are ever alike. Every job presents a new set of circumstances and challenges no matter how good a job you do preparing during the pre-construction stage. The project manager and superintendent work together to come up...

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