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Home » Topic » Business » Finance

Regaining Predictability by Planning for Price Fluctuations in Construction Materials

by Luke Cantrell, Michael Schollaert | Dec 15, 2021
Business | Economy | Finance | Project Delivery | Project Management | Risk Management

If project participants engage and work together toward completing the common goal, they can mitigate the risk of construction cost increases and add predictability to project materials prices by adding a few tools to their belts.

Post-PPP: What’s Next for Small Businesses Needing Relief to Rebuild

by Benjamin Johnston | Dec 15, 2021
Accounting | Business | Finance | Project Delivery | Project Management

Many of the businesses we are working with now have taken PPP money and, for the first time in over a year, feel financially secure enough to consider expansion. Beyond PPP, financing options are available to small and medium-size businesses.

Manage Job Cost With Estimation Software

by Tom Stemm | Nov 30, 2021
Accounting | Data Analytics | Finance | Productivity | Project Management | Technology

Job costing is a basic requirement for all construction projects. Effective estimation of costs allows businesses to predict cash flow, plan resource allocation and improve overall profitability.

Construction Business Problem-Solving: Track Costs Once the Project Starts

by Matt Mong | Nov 30, 2021
Accounting | Business | Finance | Project Delivery | Project Management

By governing all project costs together, contractors get a holistic view of the entire project costs, allowing them to manage the financial aspects of their projects more effectively.

How a Refinancing Option Supports New Construction

by Alexander Cohen | Nov 17, 2021
Business | Finance

Borrowers have an opportunity to find new value with their investments by refinancing floating rate SBA 7a construction loans to preferable SBA 504 fixed-rate loans.

De-Risk Construction Bids

by René Morkos | Nov 17, 2021
Accounting | Business | Finance | Project Management | Risk | Risk Management

Here are five tips to help general contractors and developers bidding for big projects reduce their exposure to risk by successfully navigating this perilous process and laying the groundwork for more successful bids.

FAR Goes Beyond the A/E Firm to Affect Contractors

by Michelle Johnson, Robert Mercado | Nov 3, 2021
Accounting | Business | Contracts | Finance

Contractors that understand the complexities of working with government entities can have profitable opportunities. The key identifying allowable and unallowable costs, which will assist in maximizing the overhead rate.

Cost Reduction Strategies for Major Excavation Projects

by René Morkos | Oct 27, 2021
Commercial | Finance | Infrastructure | Markets

Wielded properly, today’s tools boost construction efficiency and performance, while minimizing onsite challenges and risks—a solid foundation of savings for general contractors and developers.
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