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Recent Posts

Jun 16, 2024

Managing Change Orders in Construction: A Comprehensive Guide

16 June 0
Completing a change order correctly minimizes risk, improves the chances of approval, and helps contractors get paid faster. This guide contains information on how to fill out a change order form, key details to include, and pitfalls to avoid during the change order process. Table of Contents What is a Change Order? Changing the Scope of Work Six Key Elements of a Change Orde…
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General Conditions in Construction: A Contractor’s Guide

16 June 0
General Conditions in Construction: A Contractor’s Guide Introduction In construction, general conditions refer to various operations, procedures, and indirect costs essential for successfully executing a project but not directly tied to construction tasks. These conditions include project management, temporary site facilities, safety compliance, and waste removal, among others, and are…
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Jun 15, 2024

Performance Bonds: What They Are and How They Benefit Construction Projects

15 June 0
How Performance Bonds Work Performance bonds provide a financial guarantee that a contractor will fulfill the terms of a construction contract. They protect the property owner (obligee) by ensuring that the project will either be completed or the owner will be compensated if the contractor (principal) fails to meet their obligations. These bonds are typically issued for the full amount of the con…
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Jun 11, 2024

How to Prepare a Bill for Payment as a Contractor: A Comprehensive Guide

11 June 0
In the construction and contracting industry, preparing and submitting accurate bills for payment is crucial for maintaining cash flow and ensuring the smooth progress of projects. This article provides a detailed guide on how to prepare a bill for payment as a contractor, highlighting the necessary supporting documents and the process for both running bills and final bills.
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Jun 8, 2024

Expanding Maritime Infrastructure: The Role and Construction of Caissons

08 June 0
In many urban centers worldwide, the demand for land and space is rapidly outpacing supply. This trend is especially evident in maritime hubs, where the relentless expansion of commercial maritime traffic and activities driven by the surge in international trading has created a heightened need for efficient port and harbor utilization. Consequently, construction efforts are predominantly focused …
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Jun 4, 2024

How Much Does it Cost to Produce 1m³ of PCC 1:2:4 (M15)? – A Detailed Rate Analysis

04 June 0
Rate Analysis for PCC 1:2:4 (M15) – Calculate Quantity & Cost Performing a rate analysis for Plain Cement Concrete (PCC) mix 1:2:4 (M15) involves determining the quantities of materials like cement, sand, and coarse aggregates required for 1 cubic meter of concrete, as well as calculating labor and equipment costs. This comprehensive analysis includes material costs, labor charges, overhead…
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