July 2021

Taxes and Public Contractors

“Public contractor” means a person…has entered or is attempting to enter into a contract for the provision of goods or performance of services with a governmental entity. –LawInsider Data from 2020 is automatically discounted because the year itself was lost in space, business-wise. It was a financial survival-of-the-fittest situation at best. Public contractors are looking …

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Construction Industry Material Prices

It’s not just construction industry news. Hardly a day passes without national and local news referencing the 2021 soaring materials prices. Our country’s financial well-being is driven by building permit applications, infrastructure construction, and more. The construction industry is a figurehead for economic measurables in this country. Percentages of Construction Industry Materials Increases Numbers don’t …

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Using BIM, VDC to Improve Construction Bidding and Planning

BIM = Business information modelingVDC = Virtual design and construction Seven years ago, we in the construction industry pondered the pros and cons of BIM software. BIM was new-to-us at that point but the concept – and the term – was introduced in 1992. Today there’s no doubt there are many advantages to business information …

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Tips To Minimize Construction Business Hurricane Losses

If you’re not a boat captain or crew, you probably don’t pay attention to NOAA (National Oceanic and Atmospheric Administration) announcements until May. That’s when NOAA issues its hurricane season prediction for the year. Apparently, the 2021 storm season will not be as cruel as 2020. But it will be very active. Again. The prediction is …

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Materials Tracking for Construction Firms

Construction firms using software for materials tracking have a competitive edge. And during the pandemic, one company managed supply chain challenges in such a way it increased productivity. New York City’s HAP Construction shares steps to protect against contract loopholes for a more successful project lifecycle. 9 Steps Construction Firms Can Use The construction company …

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