GENSrate is the first site dedicated to making correct decisions on GCs. No longer wonder who to do business with. Know who to do business with. GCs far too often play games with your money, your company and your sanity. They can play hard, fast and loose. Sometimes a GC and success on a job […]
The actual rating is from 1-100 points. This score translates to a -50% – +50% score. Out of 100 Hogan scored a 4.8. You read that correctly. This translates to a suggestion that a sub adds a significant amount to a bid in order to compensate for trouble they will likely experience. GENdex helps subcontractors […]
I’m really thinking that to be a GC there should be a mandatory ethics class because it seems that many of them have NO problems making money from their subs in illegal ways essentially challenging subs to take them to court. Also what are your thoughts on accepting bids that are more than 10% below […]
Just as in personal credit a business owner needs to manage their business credit and make sure they are getting it even when they don’t need it. If you don’t do so you won’t get any when you most need it. Counter intuitive to some degree but it’s just a fact.
Call me crazy but I don’t think it helps anyone when a GC takes a bid that is obviously too low. Something generally will be off and the GCs who let a sub know they are way underpriced not only help the sub but themselves and the owners.