View the complete article here. Did you know that in 2022 the federal government spent $36.6 billion directly on infrastructure projects? What does this mean? This means that there’s a lot of money out there […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
When it comes to Department of Transportation and other government-related projects, is the bidding process for these projects different than private, non-government projects? You betcha. Construction projects related to the DOT and government can be […]
View the complete article here. Even if you’re an experienced contactor or equipment operator, buying and selling construction equipment at an auction can be intimidating and stressful… but, it can also be exhilarating and rewarding […]
View the complete article here. Studies have shown that more than 35% of construction project cost overruns are due to inaccurate cost estimates and bidding errors. This is a lot of money that could have […]
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