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Should You Expand Your Construction Market?
I recently read a white paper talking about the business of construction. The paper was a good read and had valuable info. However, there was a point that I disagreed with. The paper talked about what...
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Conceptual Estimating vs Conventional Estimating
Copyright (c) 123RF Stock Photos In the estimating profession, there are a few different types of estimates. The conventional estimate is one that typically has a set of drawings and specifications for...
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Historical Costs In Construction
I found this write up on Construction Executive. It covers historical construction costs and the roles they play in today’s estimate accuracy. Let me know what you think. Don’t Ignore the Role of Cost...
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Bids And Budgets
I was talking with a friend of mine about the construction industry over lunch. He was telling me about a bid that he had the opportunity to review. There were 16 scopes of work, and they only had one...
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Modern Estimators Needed For Today’s Construction Industry
Here is an article from a friend and colleague, Dan Frondorf. Dan is an estimating consultant in Cincinnati, Ohio. I really liked the direction he took with this, and I hope you enjoy it as well. Let...
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Severing The Estimating Department
A friend of mine was recently laid off. He was an estimator with a large construction company. A new VP came in and announced that the company would no longer be bidding work. They were only going to...
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Competitive Advantage In Construction
I read an article about the pent up demand for power generation construction and how to prepare for it. A lot of the items that they talk about are good for any contractor to know when preparing for...
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Indirect Project Expenses
Let’s take a look at indirect project expenses. What are they and when should they be added to your estimate? The indirect project expenses, or indirects, are items needed to complete a project, but do...
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Are Free Estimates Ethical?
Something that a lot of contractors struggle with is the “free” estimate. At Tempest Company, we also have a big problem with the “free” estimate. I have talked about the “free” estimate before, but...
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Bidder Fatigue
Recently, I heard about a project that went out to bid and was over budget by 25%. The owners did not award the project and instead choose to redesign, and then re-bid. The second time, the bids came...
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