With increased economic uncertainty, a rise in bankruptcies and continuing COVID-19 regulations, these four habits will help construction businesses protect their bottom line in 2021 and beyond.
Five Ways to Mitigate Construction Supplier Failure
By relying on high-quality supplier data, prioritizing relationship management, and considering small and diverse suppliers, contractors should build a base of trusted suppliers that can rise to the challenge.
How to Achieve Jobsite Water Treatment and Discharge Compliance
Understanding water compliance is essential to maintaining project schedules and budgets. Expected or unexpected water, and contaminants in that water, can potentially cause challenges, delays and a massive hit to the bottom line.
Get the Most Out of Ground Improvement
When good sites become great, this means that foundations can be designed for considerably high-bearing pressures.
Improve Project Delivery With More Timely Job Costing
Timely job costing helps contractors understand where the project stands and functions as a source of truth for the entire project team.
Cash Flow Considerations in the Bidding Process
By considering cash flow in the bidding process, a contractor should be better prepared to complete each phase of construction based on the inflow and outflow of cash.
Construction Companies Must Prepare for a Surge of Third-Party Contractors
By planning, implementing open standards of communication and leveraging technology, construction companies can establish a blueprint for successful operations, no matter how many contractors are needed for a project.
Contractors on Private Projects Also Need Bonding
Surety bonds can protect private construction project owners from contractor default, but general contractors should consider them as protection against subcontractor default.











