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Construction Educational Library
Preconstruction
Project success starts during planning. Learn how to develop accurate estimates, write winning bids, and prequalify the contractors you hire.
Don't Underestimate the Estimator: Key Responsibilities of Construction Estimators
In construction, the estimator's role is fundamental to project success... Read More
Pro Forma Explained: How Construction Developers Predict Financial Success
Understanding the financial nuances of construction projects requires a deep dive into forecasting, planning and financial evaluation to determine a project’s success and profitability....
Bid Security in Construction: How Project Owners & Contractors Benefit
For project owners, the construction bidding process is a complicated and risky endeavor. They want to select the best GC or construction management firm....
Successfully Navigating Public-Private Partnerships in Construction
A Public-Private Partnership (PPP or P3) is a contractual agreement that sees government agencies and private companies working together to build major infrastructure projects....
Finance & Accounting
Learn how construction businesses effectively manage working capital, accounting processes, and company growth.
The Construction Bidding Process Explained
Understanding how the construction bidding process works can help your company effectively bid and win more contracts. Let's talk about the basics....
The 5 Key Types of Construction Contracts
There are five common types of construction contracts: lump sum (or fixed price), time and materials (T&M), unit price, guaranteed maximum price (GMP), and...
Contractor Financing: The Complete Guide
The financial success of a construction business depends largely on its ability to manage cash flow. Throughout a project, contractors face a significant outlay...
7 Tips to Improve Accounts Payable in Construction
The importance of accurate accounts payable and other accounting records... Read More
Health & Safety
Construction is a dangerous industry. Take steps to make your jobsites safer for workers, analyze data to predict and mitigate future risks, and comply with government regulations.
Jobsite Security: Assessing and Minimizing Construction Site Risks
Assessing security needs for a construction site early can save... Read More
Creating a Culture of Safety in Construction
In construction, a positive safety culture impacts a company’s productivity, reputation, and worker morale — and it also affects the bottom line. Always a...
9 Tips for Effective Subcontractor Management
Subcontractor management, the overseeing, supervision and coordination of subcontractors, profoundly impacts the overall success of a construction project. This integral piece is usually shouldered...
How to Leverage Construction Field Reports for Project Success
In the fast-paced and complex construction world, effective documentation is not just a bare minimum requirement — it’s a necessity for success. Among the...
Risk Management
Learn how to identify, mitigate, and manage the variety of risks construction businesses face in the industry.
Builder’s Risk vs. General Liability for Contractors: What’s the Difference?
Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that...
Performance Bonds for Construction Explained
Performance bonds provide a guarantee that a contractor will fulfill all of their obligations under a construction agreement. Performance bonds are a subset of...
Contractor Bonds vs. Insurance: What to Know
As a contractor, it’s important to have the right protections in place before a project kicks off. To protect your company against third-party lawsuits,...
10 Common Construction Risks for Contractors & Owners
Construction is a tough, often volatile industry, with one of... Read More
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A Winning Strategy: How Bidding Strategies in Construction Drive Success
When an athletic franchise starts a game, they have a plan to win. The
Unearthing Success: The Critical Role of Soil Testing for Construction
For thousands of years, it’s been said that a building constructed on a firm
From Vision to Reality: Constructability in Modern Construction
From the Guggenheim in Bilbao, Spain, the Walt Disney Concert Hall in Los Angeles,
Construction Bid Proposals: The Paperwork for Landing Work
In the diverse world of architecture, engineering, and construction (AEC), professionals all share one
Deciphering Construction Drawing Symbols
In construction, every blueprint and drawing is a complex web of information, distilled into
Construction Drawings: Picturing Project Success
Every construction project — whether it be a kitchen renovation or a new highway
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