Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Billd’s Take: The Rabbet 2021 Construction Payments Report
There is a staggering cost associated with slow payments in the construction industry. Rabbet’s annual Construction Payments Report found that there was $136 billion of additional construction costs caused by slow payments in the United States alone. At Billd, we believe that slow payments are one of the construction industry’s most significant issues. This article [...]
Construction Contracts: What You Should Look Out For Before You Sign
The following blog was written to summarize a Built with Billd podcast held in May 2020, in which we interviewed Ernie Adams of Southwest Construction Services. This article is not meant to serve as legal advice, and the opinions expressed are those of the interviewee. Construction contracts are often crowded with legal jargon that can [...]
Shop Drawings 101: What Subcontractors Need to Know
As all subcontractors know, every impressive building you see around you has undergone rigorous processes to become what it is today, each with its own set of specifications and measurements, meticulously planned and reviewed on paper. Before breaking ground, ample paperwork must be completed, including initial plans and drawings. This includes sketches, detailed drawings, as-built [...]
Construction Budgeting: How to Create, Manage & Analyze Project Budgets
Knowing how much you’re going to spend on a construction project, when you’re going to spend it, and what you’re going to spend is critical to the profitability of your business. Your budget on any given construction project should be driving your project's timeline, and your business’s success. What to include in a construction project [...]
Construction Scope of Work: What Subcontractors Should Know
On a construction project the most important part of a contract or agreement is the scope of work (SOW). The scope of work will tell you what needs to be completed, how it needs to be completed, and when it needs to be completed. It will, and should affect your estimate, schedule, and construction on [...]
The Subcontractor's Guide to Working Capital
To put your construction business in a position to scale, you must not only be familiar with the concept of working capital, you must be able to calculate and understand the strength of your working capital position. Not sure how working capital factors into your business as a subcontractor? We’ll explore the ins and outs [...]
Construction Software Recommendations: A Deep Dive for Subcontractors
Want to find information on the best softwares in the construction industry? You’re in the right place. We put together this comprehensive list of the top construction software being used by contractors across the country so you can find software that works best for your construction business. Over time, we will continue updating this blog [...]
Construction Certifications For Subcontractors That Are Actually Useful
Construction certifications are given from a variety of organizations including government agencies, private companies, and construction associations. This is a comprehensive guide of construction certifications that we believe are the best in the industry. How to decide what certifications are right for you There are tons of construction certifications out there, but not all are [...]
Value Engineering: How Subcontractors Can Improve Their Margins
The goal of any construction project is to maximize the quality, durability, and efficiency of the project — while minimizing its total cost. When you achieve this as a sub, you enhance the overall value of the project. Smart subcontractors have dedicated themselves to finding ways to maximize project value. Initially, it may have been [...]
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