by Simplar | Feb 2, 2021 | Weekly Construction Message
Schleifer’s Weekly Construction Message High Quality VS Low-Bid In the last three weeks, we have assaulted the low-bid legacy that has haunted contracting for 100 years. Government agencies began low-bid contracting as a way of keeping politicians honest. It...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management, Risk Management
Another Low-Bid Loophole by Jake Smithwick, Assistant Professor, University of North Carolina at Charlotte Within the construction industry, the heavy/civil sector consists of site development and infrastructure projects, such as those related to earthwork, bridges,...
by Simplar | Jul 17, 2025 | Built Environment, Business Failure, Business Failure, Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
Managing cash flow in a construction company is a daunting task. The unique nature of the construction transaction makes it almost impossible to match cash flowing in with cash flowing out. Low bid margins are often so tight they’re insufficient to maintain ongoing...
by Simplar | Jul 18, 2024 | Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Weekly Construction Message
… Read the rest “Step-by-Step Cash Flow Management”
by Simplar | Jul 12, 2024 | Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Uncategorized
… Read the rest “Managing Cash Flow”