Helping businesses create Healthy, Safe, Secure, and Sustainable buildings. I specialise in fire safety and sustainability tools to protect lives, ensure compliance, and promote resilient, eco-friendly spaces
Here's a question for my peers. When a client indicates the value of a project and then places some provisional sums / contingency sums in the form of tender, do you assume that is separate to the published estimated value? #bidding #pricing #clarifications #firesafety #winningwork
Finding the right bid price can be challenging if you're unfamiliar with contracts. Relying on high, low, and nominal estimates may seem like the way to go, but it's not the most effective approach. Discover the three ways uncertainty causes confusion in bids: https://lnkd.in/dGbBQ8pU #Pricing #PricingStrategies #PricetoWin #BiddingTips #CaptureManagement
A Bid Bond guarantees the owner that the principal will honor its bid and will sign all contract documents if awarded the contract. Additionally, if performance & payment bonds are required by the obligee, it promises that the surety will write these bonds. The owner is the obligee and may sue the principal and the surety to enforce the bond. https://lnkd.in/evY8UXK #Construction #BidBonds #SuretyBonds #AlterSurety
A Bid Bond guarantees the owner that the principal will honor its bid and will sign all contract documents if awarded the contract. Additionally, if performance & payment bonds are required by the obligee, it promises that the surety will write these bonds. The owner is the obligee and may sue the principal and the surety to enforce the bond. https://lnkd.in/d69XfR3 #Construction #BidBonds #SuretyBonds #AlterSurety
Good Morning and Happy Tuesday! Let’s talk BONDS! When you hear the word "bond," what comes to mind? For many of us, it's a title bond, but that’s just one type. In fact, the world of bonds is much broader! This week let’s focus on bid bonds, payment bonds, and performance bonds. As a construction company owner, you might be wondering how to land more projects. Here’s an example: the city where you work decides to redo a street. You get the news, but where do you start? This is where ZipBonds comes in. We work closely with surety companies to ensure you're covered for the project. So, what's the next step once we find the right surety company? It’s time to bid! The city will provide all the details you need to calculate the costs and submit your bid. If you submit the winning bid, congratulations—you’re moving forward! Now, it’s time to secure your payment and performance bonds. Payment Bond: This guarantees that the surety company, on your behalf, ensures subcontractors and suppliers are paid for their services. Performance Bond: This guarantees the successful completion of the project, ensuring it’s finished to satisfaction. A lot of information but we will work through it in more detail this week! If you have any questions or need assistance, ZipBonds is here to help you every step of the way!
If you manage commercial roofs, tune in to our Roofing Roundtable series. ⬇ In this short clip, our experts discuss the #1 question in roofing and the answer will make you chuckle. 😂 Next week, we'll cover Core Sampling... As always, if you've got questions, we're available to assist. Please reach out to us at info@letsroofusa.com or call 833.LETSROOF. #FeatureFriday #commercialroofing #bids #bidding #assessments #partnership #propertymanagement #facilities #ForTheLifeofYourRoof
Across our three pillars of trading; Broking, Underwriting and Online, we can facilitate a number of differing products to meet the complex needs of your Construction clients risk. Over the course of June, keep your eyes on our page to gauge a real understanding of why Carrolls have such a specialism in Construction. #construction #broking #underwriting #online #cultureisourdifferentiator
Experienced, commercially minded accountant. Recent entrepreneur enjoying the challenge of business. Husband, and Father to three lovely children. Proud school Governor. Hopeless centre back football player.
Are you aware of the 3 P's of pricing in construction? Mastering these is essential for maximum profitability. The "3 P's" of pricing are Precision, Perception, and Profitability. 🏷️ Focusing on these allows you to set your services up for financial success. Here’s how you can apply them. Are you aware of the 3 P's of pricing? #Pricing #ConstructionPricing #ConstructionProject #ConstructionAccountant
Any business that sells or provides goods and services on credit terms is at risk of significant financial impacts from non-payment due to insolvency or multiple payment defaults. With the recent news of continued insolvencies, particularly in the construction sector leaving subcontractors considerably out of pocket, it is timely to again highlight the potential benefits of Trade Credit Insurance and its role in mitigating these exposures. Read more: https://lnkd.in/e4PG8XVY
Want to make more money on your projects? Charlotte Peak of KACE Construction says the HBA Rebate Program is the easiest way to boost profits. It's time to simplify and supercharge your earnings - Visit HBArebates.com #HBArebates #builderprofits #testimonial #KACEConstruction #businesssolutions
Essential VA Appraisal Tips: Non-Negotiables Every Buyer Must Know Navigating a VA appraisal can be tricky. We share essential tips on what appraisers look for, including critical repairs like cracked windows and safety features for gas fireplaces. Knowing these non-negotiables can save you time and ensure successful transactions. #VAAppraisal #HomeBuyingTips #RealEstateAdvice #PropertyInspection #VAHomeLoan #SafetyStandards #HomeRepairs #RealEstateMarket #BuyerEducation #AppraisalProcess
