Even the simplest construction contract disputes can disrupt an entire project, or force you to do expensive rework after the job was supposed to be done.  Therefore, you owe it to your business and your subcontractors to carefully examine your contract and all of the “what-ifs” contained in the fine print.  Taking a long look at the contract before you sign it is the only way to avoid...

The purpose of construction equipment is to perform complex tasks that cannot be done by manual labor. It enhances the daily operations of a construction business and, as such, represents a primary asset.  That is also why buying heavy equipment is never an easy decision.  First, you want the best features to handle your most demanding construction tasks.  Second, heavy equipment...

Every piece of equipment you have invested in should serve to keep your company’s core operations working smoothly. Everything from the heavy machinery and the power tools on the worksite to computers and copy machines at the office should contribute to that goal.  If you track your assets, you can ensure that your equipment doesn’t stand in the way of completing projects both on time and within...

Here’s an undeniable fact: all equipment breaks at some point in time.  Some malfunctions require minimal intervention, while in other cases you might have to replace parts of the equipment. And this requires money.  As David Auton, senior director of reliability engineering for Cushman and Wakefield, says, the costs of failing equipment can become incredible for a construction...

Fleet owners are often conflicted about whether heavy equipment tires should be regarded as assets or expenses.  While buying a set of high-quality tires can set you back a few thousand dollars, the fact is that tires affect the performance of your vehicles and, consequently, the quality of your services. To ensure that you’re getting the most out of your tires, you have to know how to care...

Digitalization has radically changed how companies do business in the construction industry. It hasn’t merely improved their existing processes but managed to influence every part of the company: from the field to the office.  With digital technologies, construction professionals have a better way of gathering crucial data regarding projects, such as procurement, bidding process, asset...