VALUE ENGINEERING SAVES MILLIONS

Value engineering (VE) is a systematic method to improve the “value” of goods or products and services by using an examination of function. Construction means & methods, emerging technologies and material costs are examples of variables that directly affect our clients’ cost to build. Fluctuations in these variables can occur frequently, sometimes randomly, thus requiring […]

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“DELAY” IS A FOUR LETTER WORD

Unfortunately, many construction projects run late due to circumstances caused by the Client or their agents. Contractors sometimes become excited by the thought of being able to submit a delay claim. A contractor is often relieved when a delay occurs, because it takes the pressure off of his staff on a fast-track project. It might […]

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4 WAYS TO INFLUENCE OWNERS AND BID SMARTER

  The Q3 looks bright for the construction industry. According to the latest Industry Construction Outlook forecasts for 2016, analysts predict a 9{7ec620ac96511918f658223dfb856756fbd4b5e5e5a3e4b63487e7338affcd12} increase in construction starts in 2016-2017. The anticipated expansion will be more broad­ based in 2016, with support coming from more sectors. Strong double-digit growth in the dollar value of single­ family […]

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CORE SKILLS NEEDED TO MANAGE YOUR TEAM

  So you’ve just got a new job as a manager. Congratulations! Or maybe you’ve just been given the task of pulling a new team together. What a challenge! Either way, whether your team exists already or it’s your responsibility to create it, what do you do next? This post looks at some of the key things […]

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TEN THINGS TO THINK ABOUT BEFORE SIGNING A CONTRACT

A well-drafted construction contract clearly sets out the work to be done, the price to be paid for the work, and the terms and conditions of payment. The contract should also allocate various foreseeable risks between the parties. When the parties allocate a list of potential risks, the contract becomes longer, but it reduces the […]

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WINNING THE BEST-VALUE PROPOSAL

Remember, the proposal is about the client and their project, not the applicant . . .

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INCREASE YOUR HIT RATE: GO AFTER THE RIGHT PROJECTS

The easiest, most effective way for a construction company to increase its hit rate is to stop going after projects that it cannot win. When a company has no chance to win a project, then it is just wasting its time and that prospect’s time, too. Here are a few tips for bidding more effectively […]

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TECH ADVANCES THAT ARE CHANGING THE WAY PROJECTS ARE BUILT

Automation in the construction industry is growing so fast that it’s hard to keep up with all the products and technologies out there. From estimating and billing to final project signoff, construction industry service providers, architects and designers are coming up with ingenious ways to make every aspect of a construction project more efficient, more […]

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