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Industry News

Fecon Unveils New Disc HawkTM Compact Disc Mulcher

August 16, 2023 Equipment & Contracting Comments Off on Fecon Unveils New Disc HawkTM Compact Disc Mulcher

LEBANON, Ohio — Fecon LLC, a leading global manufacturer of heavy-duty site preparation attachments and forestry accessories, expands its line of premier attachments with the launch of the Disc HawkTM disc mulcher. Specifically designed for […]

Contractors

Dealing with Risks and Contingencies During the Bidding Process

August 4, 2023 Equipment & Contracting Comments Off on Dealing with Risks and Contingencies During the Bidding Process

Even the most novice contractors understand that there are all sorts of risks associated with construction projects. So, what can you do about it? Well—of course—some risk are unforeseen and there’s not much you can […]

Contractors

The Differences Between an Estimate, Quote, Bid, and Proposal

August 4, 2023 Equipment & Contracting Comments Off on The Differences Between an Estimate, Quote, Bid, and Proposal

In construction, the different terminology for winning projects can be a bit tricky. Not only are there slight differences between estimates, quotes, and bids and proposals—but people throughout the industry tend to use different words […]

Contractors

Construction Estimating and Cost Analysis

August 4, 2023 Equipment & Contracting Comments Off on Construction Estimating and Cost Analysis

When contractors think about the big business they’re going to build—and all of the money they’re going to make—unfortunately, they seem to neglect estimating and cost analysis. In fact, estimating and cost analysis is what’s […]

Contractors

Mastering Material Procurement to Increase Profitability

August 4, 2023 Equipment & Contracting Comments Off on Mastering Material Procurement to Increase Profitability

Whether it’s residential, commercial, or industrial construction—an efficient procurement program is essential to achieve solid profits in a construction project. We’re going to explain in further detail, but—generally speaking—the goal of the contractor’s procurement plan […]

Contractors

Researching and Identifying Potential Projects and Clients

August 4, 2023 Equipment & Contracting Comments Off on Researching and Identifying Potential Projects and Clients

As we’ve mentioned before, a lot of you who contact us are losing money on jobs. Obviously, you’re not going to stay in business too long like this—let alone make millions per year with your […]

Contractors

Project Delivery Methods Explained

August 4, 2023 Equipment & Contracting Comments Off on Project Delivery Methods Explained

The main thing you need to understand about the different project delivery methods is that they’re all different in their own unique way. So what is a construction project delivery method? The project delivery method […]

Contractors

The Construction Bidding Process for Dummies

August 4, 2023 Equipment & Contracting Comments Off on The Construction Bidding Process for Dummies

Although most people may not realize it, the construction industry wouldn’t be able to operate without the construction bidding process. What do you need to know about the bidding process? Well, it plays a pivotal […]

Contractors

Competitive vs Negotiated Bidding

August 4, 2023 Equipment & Contracting Comments Off on Competitive vs Negotiated Bidding

We already covered the bidding process in a different lesson, but we felt it was necessary to dedicate an entire lesson to the differences between competitive and negotiated bidding—the two main types of construction bidding […]

Contractors

Creating a Winning Construction Bid Proposal Like the Experts

August 4, 2023 Equipment & Contracting Comments Off on Creating a Winning Construction Bid Proposal Like the Experts

This lesson is crucial. In fact, how to create a winning construction bid proposal might be the most-asked question we get. For that reason, you might want to consider watching this a few times. Creating […]

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