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On-Site

Showing 1–16 of 190 results

  • Could the critical path method improve your scheduling?

    Summer 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 449

    Abstract: Contractors must deliver projects on schedule and within budget — or risk taking a loss. To rise to the challenge, many of today’s project managers apply an approach that has been widely used by larger construction companies: the critical path method (CPM). This article explains what CPM is and how software can boost its benefits.

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  • Risk management 2.0 for construction companies

    Summer 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 530

    Abstract: The novel coronavirus (COVID-19) pandemic has brought unprecedented challenges to the construction industry. Contractors have learned valuable lessons about risk management during the pandemic — call it “risk management 2.0.” This article offers a variety of tips on how to structure contracts and tackle projects more safely.

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  • Remember the CARES Act as the year goes on

    Summer 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 693

    Abstract: The Coronavirus Aid, Relief, and Economic Security (CARES) Act may seem like old news. But its tax provisions remain in effect as the year goes on and, in some cases, beyond 2020 (unless subsequent legislation changes them). This article reviews three key issues for contractors: operating losses, qualified improvement property projects and the payroll tax credit.

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  • Succession planning – Planned liquidations have varying tax consequences

    Summer 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 952

    Abstract: Under some circumstances, the most expedient and beneficial way to end the existence of a company is through a planned liquidation. This article explains how the tax consequences of such a move vary depending on business structure. A sidebar discusses the fact that many other entities besides the IRS may need to be informed about a planned liquidation.

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  • LEED isn’t the only green-building game in town

    Spring 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 440

    Abstract: Mention “green building” and most contractors think of the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) program. LEED may be the front-runner in green building rating systems, but it’s not the only game in town. This brief article runs down alternatives that construction companies may encounter when working with project owners.

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  • Industry trends: Megaprojects are on the rise

    Spring 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 534

    Abstract: They’re big, and they’re big business. Megaprojects, large-scale and often high-profile construction projects that cost $1 billion or more, are taking the industry by storm. This article provides some stunning statistics on the trend and suggests questions a contractor should ask before submitting a bid.

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  • Reviewing the finer points of the Section 199A tax deduction

    Spring 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 666

    Abstract: It’s been over a year since the IRS issued final regulations regarding Internal Revenue Code Section 199A. This Code Section created a tax deduction enabling owners of sole proprietorships, partnerships, limited liability companies and S corporations to write off up to 20% of their qualified business income. This article reviews the limits and construction specifics of the tax break.

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  • A surgical approach – Sharpen your project accounting with activity-based costing

    Spring 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 934

    Abstract: Activity-based costing is an accounting methodology that identifies activities and assigns a “cost driver” to each one based on resources consumed. This article explains how this approach can be applied to various jobsite activities. A sidebar points out that, once proper formulas are established, cost-driver calculations can often be applied for a long time.

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  • 4 ways AI is impacting the construction industry

    Winter 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 442

    Abstract: Artificial intelligence (AI) has transitioned from science fiction to everyday life. Although the construction industry is sometimes wary of new technology, AI is becoming more and more prevalent on jobsites. This article looks at four examples: cameras/drones, 3D modeling, sensors and self-driving vehicles/robots.

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  • Walk the talk: Prioritizing company core values

    Winter 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 546

    Abstract: A contractor’s core values, or business principles, should be more than a superficial exercise in platitudes. When a construction business establishes a set of values, that company is proclaiming what they stand for and how they do business. This article explains why values are important and what to do with them once you’ve chosen a few.

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  • Viewing your lender as a business partner

    Winter 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 672

    Abstract: It’s easy for contractors to get intimidated when applying for a business loan. One way to lower the stress level is to view lenders as partners rather than gatekeepers. This article explains why construction companies should articulate a clear rationale for a loan, shop around for a good provider and know the financial metrics that drive lending decisions.

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  • A symbiotic bond – How WIP reports relate to your financial statements

    Winter 2020
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 949

    Abstract: Work in progress (WIP) reports are too often ignored and less often fully understood. A construction company’s WIP reports share a symbiotic bond with its financial statements — the two should be consistent in the information they present. This article looks at four different schedules of a typical WIP report and discusses how they relate to financial statements.

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  • The Contractor’s Corner – Is risk management software a worthy investment?

    Fall 2019
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 451

    Abstract: This issue’s “Contractor’s Corner” features a question from a contractor who recently endured an OSHA safety audit. A major finding was that his company’s safety and insurance documentation was inadequately organized. Could the right software help alleviate the situation? As this article explains, risk management information systems do offer significant capabilities for storing and sharing safety and insurance data.

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  • Evaluate the risks of joint ventures carefully

    Fall 2019
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 526

    Abstract: Joint ventures enable two construction companies to partner up to distribute risk, apportion resources and, one hopes, share profits. The arrangements can be a good fit for large or complex jobs. This article examines some of the many risks involved, including finding the ideal partner and covering the financial details.

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  • Construction innovators can still claim the research tax credit

    Fall 2019
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 680

    Abstract: The word “innovation” is often associated with the tech industry. But there are construction innovators as well, and these companies may be able to claim the research tax credit. This article explains the eligibility criteria for, and potential rewards of, this tax break. Harper v. U.S., No. 18cv2110 DMS (LL), April 25, 2019 (U.S. Southern Dist. of Calif.)

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  • No accident – Identifying the five biggest safety risks to your workers

    Fall 2019
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 989

    Abstract: Forgive the pun, but a culture of safety doesn’t happen by accident. Planning is key to minimizing the hazards and practices that lead to mishaps and disasters. This article covers five of the most widely occurring — and lethal — risks on any construction site. A sidebar displays ideas on how to lower workers’ compensation costs.

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