What construction companies should know about IDIQ contracts
Historically, many construction businesses have engaged in federal contracting because the projects tend to be plentiful, with little doubt about the payer’s solvency. However, working
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Historically, many construction businesses have engaged in federal contracting because the projects tend to be plentiful, with little doubt about the payer’s solvency. However, working
Successful companies of all stripes use key performance indicators (KPIs) to monitor their financial health and spot red flags. Well, you know what? Construction businesses
If you’re even remotely interested in technology, you’ve likely encountered the term “3D printing.” Sometimes also referred to as “additive manufacturing,” it’s the process of
They say there are two kinds of contractors these days: one that uses a drone and another with a drone on back order. It’s debatable
Determining the value of a construction company is complex and requires a deep understanding of industry-specific challenges and financial metrics. Whether a construction business owner
Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time
The construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption. Unfortunately, the fact remains that contractors lose hundreds
Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials,
It may sound like something out of a blockbuster science fiction movie: digital transformation. Yet, it’s a very real trend in many industries, including construction.
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