by Simplar | Jan 14, 2021 | Developer Delimas/Issues, Developer Delimas/Issues
Developer’s Dilemma “This Financing Doesn’t Fit” Warren Buffet once famously quipped, “I wear expensive suits. They just look cheap on me.” Traditional developer debt financing is a long-standing, robust banking product that has helped fuel the building of America....
by Simplar | Jan 14, 2021 | Procurement
SUBJECT: THE HISTORY OF LOW BID “The Bidder Who Makes the Most Mistakes… Gets the Job” If this weren’t true, it wouldn’t be funny. Irony is humor because the underlying truth shouldn’t be so, but it is. Our industry has been enjoying this old joke ever since the...
by Simplar | Jan 14, 2021 | Board of Directors
The Role of The Board of Directors In Closely Held Construction Companies Closely held construction enterprises rarely have a board of directors. Most construction company founders consider a board pretentious or a pain in the neck or an unnecessary expense or an...
by Simplar | Jan 14, 2021 | Risk Management
“Pride goes before destruction, and haughtiness before a fall.” (Proverbs 16:18) A Personal Note One of the reasons I have loved my lifelong career in the construction industry is the people I have been privileged to work with. They’re my kind of people;...
by Simplar | Jan 14, 2021 | Dispute Resolution, Dispute Resolution
Mitigate Don’t Litigate Since litigants brought their disputes before King Solomon, combatants have petitioned the wisdom of designated “authorities” to resolve their differences. No one, it seems, can settle matters without a designated judge “forcing” them to see...
