Too busy to save

Contracts

Discussing bids with your bidders

Often times subs are so busy trying to please everyone they forget to check on their actual business. People/vendors and other who are hired to help need to be cross-checked. Don’t find yourself in a position when you realize that you have been overcharged on Worker’s Comp, overcharged on unemployment taxes, and overcharged on lots of other fees. Somebody may look trustworthy, feel trustworthy and maybe at one time they were but to find out they no longer are and haven’t been for years is a really crap feeling.

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Just a sub

The hypocrisy of it all: When a supplier can’t

Code of Ethics. Supplier code. Doing business code. Every single thing from their “five pillars” of doing business to 50-page ethics code flies completely in the face of everything that has occurred with their product. In fact lies have been told by the manufacturer’s sales reps to attempt to cover-up a variety of things. They’re […]

Typically contingency % for building

Everywhere I look I see 5-10% as typical. That said there is currently a 26 million dollar public works project that only set aside 2.5%. From there the GC doesn’t book change orders but strictly as contingency expenses but then turns around and claims a low amount of change orders which isn’t true. So rather […]

New CO ratio to be included in future genDEX

It isn’t integrated yet as details are still being worked on but the general idea is that GCs seem to be really good at booking credits and back charges and REALLY slow at approving change orders. This can greatly affect pay apps and cash flows. A slight difference might be expected because of presentation to […]

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