From the category archives: Business

Business

Put More Muscle in Your RFPs

The goal of any RFP is to provide contractors and consultants with the necessary parameters to understand the scope of the project, such as square footage, cost and estimated number of components, but flexible enough to give contractors some latitude to differentiate themselves from their competitors. 

Exceeding Expectations

In any industry or company, the poor actions of a few can overshadow the good work of the majority. To combat this in the construction industry requires consistency, dedication and a commitment to getting the job done right the first time. Just take it from McGann Construction and Trunnell Electric, two contractors that have built a reputation for consistently producing high-quality work. 

How to Comply With Federal Employment Discrimination Regulations

  In legal terms, Executive Order 11246 expressly prohibits federal contractors and federally assisted construction contractors and subcontractors that conduct more than $10,000 in government business in one year from discriminating in employment decisions on the basis of race, color, religion, sex, sexual orientation, gender identity or national origin. The executive order also requires government contractors to take affirmative action to ensure that equal opportunity is provided in all aspects of their employment.

Four Factors Influencing the Equipment Rental Market

In the near term, several factors are influencing contractors’ and equipment distributors’ levels of confidence for the year ahead: federal highway funding, bonus depreciation, rising interest rates and Tier IV equipment.

Built to Last

Some companies—like some building materials—stand the test of time. David Allen Company, Raleigh, N.C., is one those companies, and it’s fitting that the company masterfully installs some of the construction industry’s most durable and appealing materials around: granite, marble, tile and terrazzo.

How Do You Use Benchmarking to Improve Company Performance?

Our focus has always been on profitability, not revenue. Benchmarking against our peers drives us to be a leaner, more efficient organization. 

On the ‘PATH’ to Better Tax Policy

With the passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015, Congress has significantly curtailed business tax uncertainty while putting “extenders” on a path to extinction. 

Price Increases Ahead for Drywall, Painting and Landscape Services

The price of plastering and drywall services is forecast to jump 7.7 percent in 2016. Additionally, prices for painting services are anticipated to increase 5.9 percent, and prices for landscape architecture and design services are expected to escalate 3.4 percent. 

Disaster Preparedness: Protections Every Contractor Should Have in Place

There is no one-size-fits-all plan for disasters, but that doesn’t mean contractors shouldn’t have a basic strategy. Realistically, contractors require specialized plans for different situations. Developing a plan isn’t difficult, but too many contractors neglect to carry through and take the steps necessary to continue improving their plans. 

Best Practices for Evaluating Insurance Investments

Making a higher spend at the beginning by investing in the cost of quality and minimized risk can often result in much greater savings at the end. 

 

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