Construction Business Owner Magazine
WEBConstruction Business Owner (CBO) is the leading business magazine for contractors and is designed to help owners of construction firms run successful businesses. CBO provides real-world business management education.
A Contractor's Guide to OCIPs - Construction Business Owner …
WEBMay 24, 2012 · Mike Hastings is a national project risk practice leader within Marsh’s U.S. Construction Practice. Over the past 17 years, he has taken a lead role in developing and implementing Marsh’s consultative approach to construction project risk management, including risk identification, financial modeling, loss control and mitigation, insurance …
Understand Your Trailer GVWR (Gross Vehicle Weight Rating)
WEBNov 2, 2011 · While the GVWR is rated at 14,600 pounds, the GAWR or Gross Axle Weight Rating is still only 12,000 pounds and you cannot exceed that capacity rating. In this case, you still have to include the 2,600-pound trailer weight. That weight must be transferred to the tow vehicle, but that transfer is also limited by the hitch capacity.
Doosan Construction Equipment Rebrands as DEVELON
WEBSUWANEE, Ga. (Jan. 18, 2023) — The familiar brand of orange construction equipment known as Doosan will now be called DEVELON throughout the world. Under the new brand name, the company will continue providing innovative products and solutions that exceed expectations, further cementing its status as a global leader in construction equipment …
How the Additional Insured Clause Puts Contractors at Increased …
WEBNov 2, 2011 · The following risk management protocols are recommended: Update all subcontracts and purchase orders to reflect these changes in additional insured endorsements. Many endorsements "follow" the subcontract requirements. Additional insured coverage will "mirror" the contract. Be specific on what is required.
How to Read Your Financials - Costs in excess of billings
WEBNov 2, 2011 · Working capital is defined as the total of "current assets" comprised of your cash, receivables, retainages, costs in excess of billings, work-in-progress, inventories and prepaid expenses minus your current liabilities. Your current liabilities are comprised of your lines of credit, principle payments of debt due within twelve months, accounts ...
How to Draft a Construction Organization Chart
WEBFeb 24, 2012 · Use these headings across the top of your chart: Business Development. Operations. Finance. Administration. Management. Then, use a sticky note for each function required in your business. After brainstorming and completing this exercise, post these tasks beneath the headings in logical order.
The Disadvantaged Business Enterprise Program
WEBOct 21, 2019 · One of the most discussed and misunderstood arenas of the construction industry is the disadvantaged business enterprises (DBE) program. For those who already participate in the program or wish to own and operate a certified DBE, it is critical to know the history and rules of the system. Conceived in the 1980s, the DBE program was …
20 Female Leaders in Construction You Need to Know
WEBNov 11, 2019 · This industry is changing. For some, that truth is hard to stomach. But others are leaning in, no holds barred. The construction leaders of tomorrow are welcoming tech adoption, alternative methods for project delivery, and other changes with open arms. They’re also looking to a labor force that has historically been underrepresented as a …
Understand the Construction Sales Process - Construction …
WEBNov 2, 2011 · Each step in the sales process is like water flowing through a funnel. Now, with the image of the funnel in mind, let's look a bit deeper into each step of the process that feeds the funnel. 1. Sales Lead. A lead is a person or company interested in buying a service. A lead is sometimes called a "rumor" of a project.
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