Every construction project has a contract (written, preferably), and they often vary in size and scope depending on the nature and complexity of a project. Many construction industry participants have ...
As all construction contractors know, the American Institute of Architects (AIA) provides a series of nearly 200 industry standard consensus forms that define the relationships and terms involved in ...
Under a competitive bidding system, a property owner seeks the contractor who will provide the best work at the lowest price. Although the reputation of your business is important, your bid must be ...
Most estimates are prepared from plans and specifications, collectively known as “the contract documents.” These documents should provide the contractor with the necessary information to bid on the ...
There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...
Many residential and commercial construction companies rely on outside contractors to handle their site cleaning needs. As you bid on your first jobs, keep in mind that most of the work consists of ...