Finance

Control Project Costs Using Alternative Fee Arrangements

by Seth Wamelink, Patricia Seifert | Mar 16, 2020
Business | Finance | Project Management

Legal expenses should be included in every project budget. AFAs are an effective tool to control legal costs and keep the construction project within the budget. In the unfortunate event that litigation arises, AFAs are the most efficient means to control legal costs.

Cash Basis Method of Accounting Opens Doors in the Construction Industry

by Stephen J. Slade | Mar 10, 2020
Accounting | Business | Finance

The cash basis method of accounting has been available for small businesses grossing $10 million or less per year, and the threshold has now more than doubled. Today, if a business generates revenue of up to $26 million, it can take advantage of this accounting strategy.

Understanding Total Cost of Equipment Ownership

by Bret Kasubke | Mar 10, 2020
Equipment | Finance | Fleet Management

Knowing the total cost of ownership for each asset is critical to making strategic, data-driven fleet decisions that impact the bottom line. Those decisions include which brand to purchase, whether to purchase new or used, when to dispose of an asset for maximum ROI and when to rent instead of own.

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Control Project Costs Using Alternative Fee Arrangements

Cash Basis Method of Accounting Opens Doors in the Construction Industry

Understanding Total Cost of Equipment Ownership

G&A Expenses: A Guide to Allocating Overhead Costs

Stay in Control: Seamless Project Finance Management Is Key to Success

Potential Tax Implications of ASC Topic 606: Revenue From Contracts With Customers

Risk-Adjusted Cost: A New Frontier in Construction

Deconstructing Slow Payments in Construction

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