Tips to Bid Incomplete Drawings
Putting a successful bid proposal together is more than just jotting down numbers and gambling for a good outcome. Proper bid preparation requires time and effort, and it is particularly important to obtain a proper understanding the plans and specifications. It is also helpful to conduct site visits, estimate costs for labor, materials, and equipment, as well as ensure everything is covered.
Many elements are necessary for a successful construction business—great employees, well-established customers, updated equipment, a sound office, and finances. In addition, whether you are starting a new business or already deep in the industry, the behind-the-scenes elements of commitment and consistency are also essential.
Working without a written subcontractor agreement can leave both contractors exposed to significant liability. Clear contracts help define responsibilities, manage risk, and ensure proper insurance coverage for accidents, injuries, and project changes.
Discover the top 5 costly mistakes employers make with Workers’ Compensation insurance—and how to avoid them to help protect your workforce and your bottom line.
Explore the hidden mental health challenges in the construction industry, including stress, anxiety, and depression, and discover strategies to support worker well-being.
Learn how Replacement Benefits Coverage can protect you from financial loss if your car is totaled. Understand actual cash value vs. replacement value and how to ensure your policy has the right coverage.
