Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Notices of Commencements: What It Is and How to File It
What Is a Notice of Commencement? A Notice of Commencement is a document that establishes the formal start date of a construction project and identifies the project stakeholders, such as the property owner, lender, and general contractor. It is filed in the county where the project is located, and it is typically posted at the [...]
Construction RFI Fundamentals: What Subcontractors Need to Know
Request for Information documents (RFIs) are commonly used by contractors in the construction process. This guide provides a brief overview of the RFI’s purpose, application, process and content – and also includes a handy list of best practices to follow. What is the Purpose of an RFI in Construction? The RFI plays an essential role [...]
Built with Billd: A people first approach to managing construction
Summary Construction is a relationship-based industry – we all know that. But are you giving enough time and energy to the relationships inside of your business? By taking a people-first approach to construction management, you can hire better (and retain more) employees, which is especially important given the current skilled labor shortage. Our friends at [...]
The Subcontractor’s Guide to Construction Punch Lists
At some point in every construction project—no matter how large or small—a punch list must be created. That is, a document that shows all the parties involved what tasks need to be completed. Of course, this is easier said than done, especially when there are numerous players involved. What is a Punch List? The term [...]
2021 National Subcontractor Market Report: Statistics on Business Growth & Financing
The inaugural Billd National Subcontractor Market Report provides statistics on general outlooks toward business growth & financing in the construction industry. This report was founded upon a survey conducted in March 2021, which queried contractors on their business growth goals, capital sources, and how supplier terms influence their financing decisions. Their responses yielded the [...]
Schedule of Values: A Contractor's Complete 2024 Guide
Of all the documents involved in a construction project, the Schedule of Values (SOV) is key for tracking the progress of your work as a contractor, getting paid on time, and (perhaps most importantly) managing your cash flow — especially on larger commercial construction projects. Even if you haven’t created a Schedule of Values yet, [...]
3 Reasons Why You Should Invest In Your Construction Tech Stack
Construction technology is booming, and for good reason. The time and money you save by digitizing your workflows can be invested back into your company’s growth. And, to be clear, tech isn’t something you should only be using to fix problems. You should be using technology to innovate and advance your business, and to [...]
Built with Billd: How prioritizing jobsite safety can help your business thrive | #ConstructionSafetyWeek
Summary We’re all concerned about safety on the jobsite, but have you ever thought about turning safety into a competitive advantage? By making safety a top priority in your business, you can cut insurance costs, hire better (and retain more) employees, and win more bids by demonstrating to GCs that you can reliably finish projects [...]
The Best Way to Approach Change Orders in 2023: Strategic Advice for Subcontractors
Change orders are a routine aspect of construction projects. Subs are awarded contracts with clear expectations. If they're later asked to go outside of the original scope, a change order follows. Change orders are accompanied by additional costs, which the general contractor, owner, architect, or sub may end up being responsible for. When you’re hit [...]
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