Build relationships with multiple general contractors to increase bidding opportunities and negotiation power Perform strategic risk and effort analysis to focus on projects with higher win ...

In recent years, the construction industry has enjoyed a period of robust growth. However, industry professionals are now facing a series of challenges that impact their businesses, including ...

Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

A contractor needs to charge you for wear and tear on his tools, insurance, workers’ compensation insurance, etc. All of ...

The process of construction bidding embodies a complex interplay of strategic evaluation, risk assessment, and adherence to regulatory codes. Modern bidding strategies integrate rigorous economic ...

Bid bonds guarantee that contractors complete projects they bid on, often for public or government jobs. If a contractor fails, a performance bond replaces the bid bond, ensuring project completion.

Maintain a disciplined bidding pipeline to ensure consistent project flow and avoid feast-or-famine cycles. Use post-bid ...