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Construction is a risky business. There are always construction challenges that arise, and there’s always a chance that Mother Nature or another actor may damage the work in progress. Builders risk insurance offers protection while projects are under construction, protecting both the owner and the contractors from loss or damage. What is builders risk insurance? […]
The construction industry uses a variety of agreements depending on the project’s budget, delivery, scope, and schedule. While there are various types of construction contracts, there are really only five main types. These construction contract types are used at every level of any construction project. Just like the wide range of construction marketing ideas, construction contracts […]
Before beginning any type of construction contract or project, contractors need important information from their potential clients. By gathering this information upfront, they can ensure their clients a good experience with as little stress as possible. Contractors can also use this information to provide optimal experiences and improve client satisfaction. 1. What are your goals […]
Our Latest Update Subcontractors can now find relevant projects faster with enhanced search and overall improved projects list performance. The Issue Finding the right projects for your business can be challenging if you don’t have the right tools to easily and quickly filter by trade, location, construction and project type, and bid due date. And […]
In 2019, about 20% of worker deaths were in the construction industry. Construction is considered one of the most dangerous industries for workers. Safety is a top priority for contractors on any job site. With construction bidding websites you can create a safe construction site that saves companies money, keep projects on schedule, and protects […]
Inc.magazine today revealed that PlanHub is No. 50 on its third annual Inc. 5000 Regionals Southeast list, the most prestigious ranking of the fastest-growing private companies based inAlabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc.5000 franchise, this regional list represents a unique look at the […]
The construction industry’s productivity “increase” is -0.32 percent per year, according to McKinsey, and project schedules and budgets are paying the price. 98% of all megaprojects slip by over 30%, and over 75% of big projects suffer cost overruns by 40% and more. With labor statistics showing many companies still feeling the effects of the […]
Keeping a construction business afloat can be difficult in these uncertain times. Business owners and managers must always strive to improve the business and its performance. The following tips and tricks will help provide stability for the company through effective construction management and lead to greater profits and successful construction business models. 1. Create policies […]
Lean construction methods were born out of processes used in the Toyota manufacturing facilities after World War II. The principles and techniques have been modified to meet the needs of construction project teams with great success. Projects using lean construction principles show improved quality, lower costs, and shorter schedules. What is lean construction? Lean construction […]
Mistakes and rework can be detrimental to a project’s profitability and schedule. Ensuring that all work performed on the project meets the quality specifications is a task for everyone on the project team, especially in the construction industry. Construction quality management involves planning for quality work and ensuring that the work meets the specifications. Teams […]
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