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Construction Budget Management: Complete Blueprint for General Contractors

Buildern

When your budget accounts for these moving parts, your financial plan becomes a tool you can actually manage, and a file on a shared drive. Taxes, Insurances, and Overheads Wrap these together only if they’re tracked under one account. Each phase introduces a different level of certainty and a different set of risks to manage.

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What Is Construction Company Software? [Features, Comparisons, and Top Tools]

Buildern

If you’re running a small or mid-sized construction company , working as a general contractor, or overseeing multiple projects at once, the tools you use to manage the work behind the scenes matter. You’re estimating costs, coordinating crews, managing paperwork, and making sure client billing stays on track.

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Risk Management Reimagined: Bringing Innovation to Construction Insurance

Procore

Construction insurance is one such thing, with traditional insurance brokerages largely placing insurance the same way they did decades ago with manual, time-consuming processes that can take weeks, or even months. The Power of Data To illustrate, think of construction insurance a bit like car insurance.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Taking a closer look at the terms of a typical contract will provide you with important information about insurance, safety, dispute resolution, and more. You’ll need to provide documentation before work starts, apply for progress payments during the project, and apply for your final payment as part of project closeout.

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The Ultimate Guide to Construction Site Inspection Checklist

Buildern

In this article, we will explore the types of inspections and what to include in the checklist to help you effectively manage the site and ensure successful construction projects. Typically, environmental inspections focus on the protection of nearby habitats, soil and water protection, air quality, and waste management.

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Unlocking the Benefits of Hiring a Construction Lawyer

CCR Magazine

Risk management Managing risk is paramount in any construction project, as various factors may contribute to potential hazards or accidents. Construction lawyers can identify gaps or loopholes in contracts, insurance policies, and safety regulations to ensure your project remains well-protected from potential risks.

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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Management Contracts. Construction Management contracts were introduced in the 1980s as a new way to manage construction contracts.