web analytics
Home | Columnists
Columnists

ACCOUNTING

Accounting - Defining true job costs for construction bids

DALLAS/FT WORTH - At the heart of a profitable construction company is an accurate bidding process. An accurate bid involves much more than expected materials or your sub-contractor and labor costs. Other variables to consider are the weather, the subs (or GC), customer expectations and how you expect your competitors will bid. The more you factor in these variables across all bids, the closer you can get to a competitive that matches true costs....

Created by : cwright
04/27/2017 06:00:00 | Viewed: 0
INSURANCE

Insurance - Why are your commercial auto rates increasing?

DALLAS - From ready-mix suppliers and aggregate haulers to contractors with large automobile or truck fleets, businesses nationwide are seeing profit margins narrow because of escalating commercial auto insurance rates. The bad news is that the trend has no signs of slowing, given the myriad factors that are driving up costs. The good news is that companies can take proactive measures to reduce losses and mitigate risk....

Created by : cwright
04/27/2017 06:00:00 | Viewed: 0
LEGAL

Legal - Making the most of early mediation

AUSTIN - Many dispute resolution clauses in construction contracts contain a requirement that the parties mediate prior to pursuing litigation or arbitration. Mediation, at its heart, is simply a facilitated negotiation, with the mediator helping all parties find consensus to resolve a dispute on their voluntarily agreed upon terms. A successful early mediation—before legal or arbitration proceedings have started—helps the parties save the ti...

Created by : cwright
04/27/2017 06:00:00 | Viewed: 0
OSHA

OSHA Delays Enforcement of New Rules

DALLAS/FORT WORTH - The U.S. Department of Labor’s Occupational Safety and Health Administration has announced a delay in enforcement of the crystalline silica standard that applies to the construction industry to conduct additional outreach and provide educational materials and guidance for employers. Silica is present in products that contain sand, a commonly used construction product. Inhalation of silica can cause a reduction in pulmonary...

Created by : mjonesmeyercn
04/27/2017 16:00:00 | Viewed: 0