Not a New Idea, but A New Trend – Employee Stock Ownership Plans
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The Anatomy of Sticker Shock: A 20-Point Mod Increase Compounded by a $40,000 Workers’ Comp Premium Increase0
- Best Practices, Insurance, Safety
- June 26, 2023
By Bob Tuman, CCR Safety Consulting Dan, the owner of a large union painting contracting firm, called me- baffled and angry about the 20 point “mod” increase (from .74 to .94) and the resulting $40,000 increase in his workers’ compensation premium- from $200,000 to $240,000. “How am I going to explain this to General Contractors?”
READ MOREWhy Adopting Alternative Power Sources in Construction is a Must0
- Best Practices, Outlook & Trends
- May 22, 2023
By Chad Pearson, Plexxis Software In recent years, construction job sites have felt the heat of stricter regulations on carbon-based fuel sources. But, as they say, when one door closes, another opens. This is an opportunity for construction sites to embrace the future and adopt alternative forms of power that are not only better for
READ MOREStreamlining Processes for Cost Savings and Chargeback Allocation Strategies0
- Best Practices, Cash Management, FINANCE
- May 22, 2023
By Dan Doyon, Maxim Consulting Group Construction projects are complex and multifaceted, with numerous stakeholders and processes involved. As a result, construction projects frequently experience delays, cost overruns, and quality issues. Contractors must streamline their processes and implement cost-cutting measures to address these issues. This article will examine how contractors can optimize processes and implement
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Reducing Waste on Construction Sites: A Win-Win for Businesses and the Environment0
- Best Practices, Improving Productivity, Outlook & Trends
- May 22, 2023
By Patrick Hogan, handle.com Waste reduction and sustainability are becoming more pivotal in the construction sector. The role of construction businesses in tackling these matters is vital. Construction sites generate a significant amount of waste. From excess materials to packaging and debris, waste can quickly accumulate, leading to increased costs, decreased efficiency, and negative environmental
READ MORELiens and the Importance of Payment Protection in Lean Construction0
- Best Practices, FINANCE, Payment
- April 25, 2023
By Patrick Hogan, handle.com To keep up with the pace of competition and the overall business landscape in construction, time and cost management are two critical factors that construction business owners and construction project managers must consider. Construction projects involve multiple stakeholders and many moving parts, making it challenging to maintain organization and efficiency. Implementing
READ MOREIs Technology the Key to Stronger Supplier Relationships?0
- Best Practices, Outlook & Trends, TECHNOLOGY
- April 25, 2023
By Jim Campbell, Vice President of Construction at AvidXchange Kicking the year off amidst a host of unavoidable challenges—from skyrocketing pricing to unrelenting supply chain and labor shortages—construction companies have a powerful opportunity to protect the foundation of their business by focusing on what they can control—their supplier relationships. Strong supplier relationships are the lifeline
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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DEI Executive Order Overview
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