Lean construction is all about efficiency. Construction firm owners should care about it because it has the potential to saves firms time and money. Lean construction accomplishes savings by allowing teams to complete jobs faster with less waste of materials, time and labor. This is especially important to construction companies after the end of the […]

Happy New Year! Now that we’ve bid adieu to 2016, it’s time for the construction industry to start focusing on what’s in store for the year ahead. A new year brings a new list of commercial construction trends to watch for in 2017. Continued demand for construction combined with nagging labor shortages will continue to impact […]

The ability to obtain surety bonding is a necessity in the commercial construction industry. Public entities typically require bid bonds along with performance and payment bonds for their projects. General contractors often require surety bonds from their subcontractors and more and more private entities are requiring bonds to protect themselves again contractor default. Establishing and […]

Productivity is simply the measurement of the effectiveness of effort. The rate of productivity is measured as total output per unit of input. In construction, an example of output would be something like square footage of flooring installed or cubic yards or earth excavated with the input typically being measured in man-hours. Maximizing productivity on […]

The Maintenance of Construction Equipment Regular maintenance of construction equipment is an important factor in cost control. Equipment maintenance is an effective way of getting the most out of your investment. Excellent maintenance helps minimize, repair and maintenance costs, as well as going miles in maximizing both profit and production, but has the greatest impact […]

From building materials to tools to heavy equipment, construction site theft is an industry-wide epidemic. In addition to the direct costs of replacing the stolen goods, there is also the indirect cost due to increased insurance premiums, rental costs to replace stolen equipment and lost productivity. Delays in production can also result in hefty fines […]

Cash flow is the lifeblood of any commercial construction project. Being able to effectively manage cash flows on projects and throughout the year can be the difference between the success and failure of your business. These tips can successfully manage cash flows on a project to ensure it remains profitable from start to finish. 1. […]

Putting together a winning bid proposal is a lot more complicated than putting some numbers together and hoping for the best. Good bid preparation requires a lot of time and effort that involves everything from reading and fully understanding the plans and specifications to accurately estimating costs for labor, materials and equipment. Making even the […]

In 2016, we launched a webinar series for subcontractors and it has been one of the most enjoyable experiences of my entire construction career. It keeps me connected to our customers and up-to-date with the latest trends and ongoing changes in the construction industry. Two recurring themes I keep hearing about are the lack of […]