Finance

Pricing Risk in (and Out of) Construction Projects

Failure to trace the risk from the estimate through the turnover and startup phase of a project can lead to confusion, and worse yet, a failure by the project team to mitigate a risk identified at the estimate stage.

The Secret to Accurate Conceptual Estimates

by Steve Watt | Apr 24, 2019
Business | Finance | Technology

Conceptual estimating for early-stage projects may seem risky, but with the right data and methodologies, contractors can create realistic budgets and position themselves to win future projects.

Will Opportunity Zones Accelerate Gentrification or Spur Critical Investment in Distressed Areas?

State and local officials will need to play a critical role in layering incentives to direct opportunity zone investment in projects with the greatest long-term benefits to local communities.

Topic 606’s Impact on Construction Contractors

by James W. Miller, Megan Moriarty | Apr 14, 2019
Accounting | Business | Finance

Topic 606 effectively replaces all legacy rules around revenue recognition, making it one of the most time-consuming accounting projects for public companies since the Sarbanes-Oxley Act was enacted more than a decade ago. Here's how private companies can comply.

How to Compare Opportunity Zones and Similar Exchanges

by Palmer McArthur | Apr 6, 2019
Business | Business Development | Finance

The opportunity zone may be the new kid on the block, but it does not by any means affect the merit and prudence of pursuing a like-kind exchange in the appropriate circumstances. To understand that, comparing two strategies may be helpful.

Construction Contractors Lose Confidence in Q4 But Remained Upbeat Heading Into 2019, Says ABC

by ABC | Mar 25, 2019
Business Development | Economy | Finance | Markets

Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released by ABC.

Ten Tips to Help Contractors Make More Money

by Eric Weisbrot | Mar 23, 2019
Accounting | Business | Business Development | Finance

Whether a contractor is a sole proprietor or part of a team, there are easy ways to generate more money without taking on more projects. Here are a few ways to be more profitable in the construction industry.

The Value of Burden: Accounting for Indirect Cost Improves Performance and Profitability

Ensuring that the project estimating team can predict both direct and indirect costs secures more efficient bids. The company will then have more accurate data to predict the profit the job will actually return once fully burdened.

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Pricing Risk in (and Out of) Construction Projects

The Secret to Accurate Conceptual Estimates

Will Opportunity Zones Accelerate Gentrification or Spur Critical Investment in Distressed Areas?

Topic 606’s Impact on Construction Contractors

How to Compare Opportunity Zones and Similar Exchanges

Construction Contractors Lose Confidence in Q4 But Remained Upbeat Heading Into 2019, Says ABC

Ten Tips to Help Contractors Make More Money

The Value of Burden: Accounting for Indirect Cost Improves Performance and Profitability

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