February 2015 Cover
To prevent pitfalls that cost time and money, arbitration provisions should be reviewed before contracts are signed
No subject is more critical to experienced construction lawyers than the choice of a dispute resolution forum. Experience has taught industry professionals that courtrooms are not the most welcoming environment for construction disputes, given the extensive written records generated by most...
Ask these 3 questions to assess your company's condition after a disaster
Rapidly resuming operations or simply surviving is not always sufficient to guarantee the future of a company after a disaster. Physical damage is often the easiest problem to deal with, but quick repairs alone do not equate to business continuation if you cannot produce goods and services or find...
Long-term federal funding is critical, but municipalities, counties and states have the power to make a difference
Infrastructure is a buzzword. It is a go-to talking point for pundits and politicians on every drive-time radio program and cable news network. Even with all this talk, according to the Congressional Budget Office, if current infrastructure funding through MAP-21 is not extended or new legislation...
Leveraging mobile field service management solutions and data to increase communication
One way field service organizations work to capitalize on spikes in customer demand or service requests at noncore locations is to work with third-party workers or subcontractors. Through working with third-party service providers, organizations can leverage a flexible workforce to efficiently...
Transitioning from analog to digital will help companies keep pace as the industry moves ahead
When it comes to managing your jobsite information, how do you determine the best time to move from an analog environment to a digital one? For many owners of construction and trade companies, this question is loaded with decisions that must be made along the way. Which system will we use?...
How automated fuel management systems can increase efficiencies and save money
The heavy construction market segment is a vibrant industry comprised of companies that provide a broad array of engineering, consulting, construction, management, planning and design services for a wide variety of infrastructure projects servicing many types of clients. With a market share of...
Gauge your readiness to grow and profit by coming to terms with the truth
When business owners start construction companies, they're excited to be on their own, land some work and start making money. They do a good job because they stay intimately involved in every aspect of their projects, people and business. Then they get busier. They get more customers, win more jobs...
8 steps to help aim for better business choices
Why is it that some decisions are easier to make than others? Why are some of us better at decision-making than others? Apprehension, stress and dread can dramatically alter our choices. Stress makes us susceptible to tunnel vision or looking at choices myopically, causing us to be less able to...
5 steps to reduce the impact of one of your biggest inputs
Fuel efficiency isn't only for commuters. It's a growing part of evaluating heavy equipment such as excavators, wheel loaders and articulated dump trucks. Whether you're monitoring fuel costs on a monthly or annual basis, fuel plays a fundamental role in your operation that can directly impact your...
Understand how emerging telematics technologies can impact your risk profile
As technology continues to evolve, the construction industry evolves with it. Whether it's the latest in mobile communications, building materials and design, prefabricated and modular construction, laser technology or safety equipment, new technologies can provide more efficient, safe and cost-...
Address the competition, company, customer and climate to finish every job right
While many firms concentrate strictly on growing backlogs, best-in-class contractors focus their efforts on managing the work they have, maximizing productivity and, in some cases, discovering a world of new opportunity. Backlog without proper execution only serves to increase a contractor's...
Consider these 3 time-saving factors when selecting a jobsite collaboration camera
The building industry is increasingly competitive, causing professionals to search for innovative ways to save time and money. Installing a construction camera can provide a simple and affordable way to collaborate with team members and manage projects. An experienced webcam company can provide all...
4 steps for best performance when implementing new fleet technologies
To ensure that their businesses run as efficiently as possible, managers must capture and consolidate vast quantities of data generated by in-vehicle devices, smartphones and tablets of mobile workers. Doing this requires reliable systems that analyze and turn that data into usable intelligence...
Ensure available cash is on hand with these tips to withstand financial challenges
Construction companies often experience financial problems at one point or another. Many operate with tight cash flows and are not always prepared to handle the cash fluctuations that sometimes occur during the course of business. In the best case, tight cash flows make your business...