ConstructConnect Blog

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.

Circular economy solutions aim at establishing a sustainable model of production and consumption by optimizing resources and reducing and recovering waste (giving it a second life as a new product). Thus, by adopting these solutions, businesses can extend product lifecycles, reuse waste, and ensure a more sustainable production model.

Construction process management is a crucial step for executing a project. It is the very basis on which a sound foundation is laid by project managers as they learn the ropes to navigate complex construction landscapes. For this, a project manager has to acquire a number of skills and gain competencies to handle complex projects and work with numerous teams.

Effective communication is vital to the successful completion of any construction project. Good communication can improve teamwork and lead to better project collaboration. Poor communication can result in misunderstandings, delays, and issues down the road.

There are nearly 10,000 sports complexes in the United States and together, they earned $1 billion in 2019. Over 33,000 people are employed in the running and upkeep of these sports complexes.

Finding reputable, dependable subcontractors can be challenging.

General contractors find work in several ways: open bidding, negotiated contracts, submitting proposals, design-build contracts, etc. Regardless of the solicitation method, they all have one thing in common, the general contractor will need to subcontract out some, or all, of the work to trade contractors and other vendors.

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.

Here’s the scenario, you’ve spent the past two weeks studying the plans and specifications for a commercial construction project. You’ve attended the mandatory pre-bid conference, done all your takeoffs, gotten all your subcontractor and supplier pricing lined up and you’ve checked and double-checked your figures and finally, you seal everything up to be submitted.

Construction project managers are responsible for overseeing and supervising construction projects from start to finish. They are tasked with making sure projects are delivered on time and within budget. Job duties differ from company to company, but construction project managers are typically responsible for overseeing the budget, working with owners, architects, and engineers, hiring subcontractors, scheduling and planning work, and ensuring materials and equipment are delivered to the project site on time.