Category: Contracts

Latest Posts From Category: Contracts

Bidding

On-Site Spring Construction Newsletter

Here’s a brief glance at what you’ll find in the Spring issue… Infrastructure projects: A review of bidding methods for federal contracts With the signing of the Infrastructure Investment and Jobs Act in late 2021, things are looking up for

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Construction

Strategize To Manage Materials And Labor Costs

The COVID-19 pandemic’s ongoing impact on supply chains and labor have made managing project costs increasingly difficult for construction companies. Over the past two years, we’ve seen materials costs skyrocket and the availability of supplies and skilled labor plummet. In

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Contracts

Should You Invest In Custom Software?

Contractors are regularly urged to buy the latest and greatest high-tech solutions, but no software tool is perfect. Off-the-shelf products don’t always provide the specific functionality needed or “play well” with other systems, forcing employees to engage in redundant and

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Construction

On-Site Fall Construction Newsletter

Here’s a brief glance at what you’ll find in the Fall issue below… Year-end tax planning Work Opportunity Tax Credit could solve two problems For contractors, the struggle to find skilled workers is real. One way construction companies can widen

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Contracts

Receivables May Be A Source Of Cash In Tough Times

Many companies are continuing to struggle financially during the COVID-19 pandemic. If cash is tight, what can your business do to shorten its cash cycle? The answer could lie in your outstanding accounts receivable. Here are five strategies to help

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Contracts

How Nonprofits Should Classify Their Workers For Tax Purposes

Employees or independent contractors? It’s not only for-profit companies that struggle with the question of how to classify workers for federal tax purposes. Not-for-profit organizations must withhold and pay Social Security, Medicare and unemployment taxes for employees, but not for

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Construction

Evaluate the Risks of Joint Ventures Carefully

Sometimes a construction project is just too big or complex for one general contractor to handle alone. Joint ventures (JVs) enable two construction companies to temporarily partner up to distribute risk, apportion resources and, one hopes, share profits. There are

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Bidding

Whipping up more profitable jobs with WIP reports

Jobsites generate many things — dust, rubble, scrap metal. But they also generate a lot of information. And extracting the right financial data from an ongoing project in an accurate, timely and easily digestible manner is critical to maintaining that

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