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prequal

Six Keys To Subcontractor Prequalification Success

As a general contractor you have to be selective when it comes to the subcontractors you work with. You want to choose companies that have a dependable skilled workforce, strong management, financial stability and can perform quality work to your company’s standards. As with any business decision, picking subcontractors to work with requires you to […]

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Construction Companies Continue To Underinvest In Information Technology

Is your construction company spending enough money on construction software and other technology? According to a recent report by Software Advice, the answer is probably no. The report shows that a majority of the construction companies surveyed, 52 percent, are still using pen and paper to handle time consuming tasks like takeoffs and estimating. Prospective […]

How The Generation X Sharing Economy Is Changing Construction

Want to make $20,000 a month off your idle equipment? Rent it out. From backhoe loaders to wheel loaders, construction firms are turning to lending programs to make the most of their heavy machinery. In a new whitepaper called “Tech Innovations Drive Increases in Heavy Equipment Leases and Rentals,” Purchasing.com surveyed over 70,000 business owners, CEOs, managers, […]

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5 Financial Tips For Contractors To Reduce Their Surety Bond Costs

Cutting costs and finding better business practices are critical for any construction contractor. One way you can do both is by taking actions to improve your business’ finances and thereby reduce your surety bond cost. It’s not often you get the chance to kill two birds with one stone, so take a look at these […]

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After Years of Decline, Heavy Equipment Theft Increased In 2013

Late last month the National Insurance Crime Bureau (NICB) and the National Equipment Register (NER) released their 2013 Theft Report. For the first time in years, the number of reported heavy equipment thefts increased. The 11,486 heavy equipment thefts reported in 2013 is a 5 percent increase over the 10,925 thefts reported in 2012. This […]

Seasons Change – Power Generation Challenges Remain the Same

Construction businesses across the country are dealing with challenges relating to the changing seasons. As autumn takes hold, dramatic drops in temperatures and reduced hours of sunlight mean a greater dependence on worksite power generation. And in an industry where optimizing efficiency while maximizing productivity is essential to a successful operation, finding the right power […]

Growth Over Stability – Open Letter From Construction Data President Bill Black

I happened to be looking the other day at the most basic indicator of health in our industry, the Census Department’s data on the Value of Construction Put in Place. Looking only at Nonresidential Construction, the sector we serve, I  noted that the average value for the year so far is nicely up from last […]

Strategies For Success In Better Times – Open Letter From Construction Data President Bill Black

For the past few years, frankly, the Commercial Construction industry has been a tough place to be. Many of our customers were scrambling, taking any and all work they could find. Now, with employment in overall construction, including residential, showing positive trends our industry is bouncing back. That’s terrific news and many of our customers […]

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Seven Ways Your Construction Fleet Can Benefit From Telematics

Telematics systems combines GPS technology, on-board diagnostics and monitoring sensors to track, log and report data via cellular networks on the performance and operation of your construction equipment. Telematics systems are similar to way a black box records flight data on airplanes. Whether you’re using it for your on-road vehicles, off-road heavy equipment or both, […]

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ClockShark – Construction Time Clock Software & App Review

For the past week I’ve had the opportunity to test-drive and review ClockShark, a new time clock software and mobile app designed specifically for construction companies. ClockShark is a cloud-based software so you can access it from any desktop or laptop with an Internet connection. The mobile app, which turns your employees’ smartphones into personal […]