Managing Retainage In Construction (2023 Update)
In this article, we cover what is retainage and how it works in the construction industry and finally we share best practices that will maximize how quickly you recover your retainage.
In this article, we cover what is retainage and how it works in the construction industry and finally we share best practices that will maximize how quickly you recover your retainage.
In this article, we’ll discuss what construction change directives are, why they happen, and how you should respond to them before busting the myth that client change directives are always legally binding.
In this article, we cover the basics for how to write scope of work for a construction project, why its important and share tips on how to save time and money.
In this article, we’ll clear up the confusion over construction change orders and share best practices for how to implement a construction change order process.
In this article, we cover how to use construction cost codes to become more competitive when submitting bids, create accurate project budgets, and select projects based on profitability.
In this article, we’ll cover how to identify construction soft costs, the difference between construction hard costs and soft costs, and how to manage soft costs as a contractor.
In this article, we cover why contractors need to use construction punch lists, how to make a punch list, and best practices when using a construction punch list.
In this article, we’ll lay down the foundation for what typical contractor overhead and profit should look like when running a business. We’ll also jump into how to calculate overhead and profit, how to know if your profit could be better, and how to increase earnings as a contractor.
Use construction photo documentation to track worksite progress. Produce audit trails, check in with customers, and remain under budget with these important tips.
These construction time management techniques could make or break your business. Find out how to solve your construction time management problems today.
As a construction company owner or supervisor, you need to know how to monitor progress on a construction project—not only accurately but effectively.
In this guide, we provide a complete overview of construction planning and scheduling—including benefits, challenges, and best practices.
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