Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Billd Launches Partnership with Sunstone Credit to Accelerate the Adoption of Solar for Businesses
AUSTIN, Texas, December 15, 2021 – Billd, the leading provider of material and pay app financing for commercial subcontractors, today announced a partnership with Sunstone Credit (“Sunstone”), a technology-enabled solar loan finance platform for businesses. This partnership aims to accelerate the adoption of solar in the US commercial space by providing right-sized financing solutions for [...]
Built with Billd: The key to reducing risk on every construction project
The construction industry is risky for subcontractors. Project execution falls squarely on their shoulders and a lot of things are out of their control. Subs have no control over the lack of labor availability, rising material prices, and supply chain delays. On this week's episode of Built with Billd, we sat down with Greg Fry, VP [...]
Construction Accounting Basics for Subcontractors
Solid accounting is the backbone of a construction business. Your accounting decisions play an important role in shining a bright light on the numbers, which are crucial for maintaining healthy cash flow and a comfortable profit margin. Sloppy accounting can give you an incorrect assessment of profitability and thus could lead to poor financial decisions. [...]
Prevailing Wage Contracts: What Subcontractors Need to Know Before Taking One On
Federally funded construction projects offer a whole new pipeline of bidding opportunities and may be just what you need to accelerate your business’s growth. Applying for government construction projects requires significant resources and effort, and it’s not for everyone, but being able to take on federally funded projects can be a game changer for [...]
Built with Billd: How surety bonds can help contractors grow their business
In the construction industry, surety bonds are put in place to ensure a project is completed within the terms of the contract. On this episode of Built with Billd ,we sat down with Robert Kinder, Managing Director at Alliant Insurance Services, to talk about how contractors can use surety bonds to grow their business. Surety [...]
How to Estimate Project Expenses For Labor, Materials, and Equipment
Estimating project expenses requires a significant level of technical expertise, but perfecting an estimate is an art form. Here’s a guide on how to create top notch estimates for any project. 1. Review and Assess The Project’s Scope Before estimating your project expenses, it’s essential to understand your project’s scope. This goes beyond just reading [...]
How to Win More Commercial Construction Jobs: Bidding Advice for Subcontractors
In commercial construction, effectively marketing your business doesn’t come down to typical branding initiatives like logos, websites, or brochures. As a subcontractor, you build your construction brand by delivering quality work in the field. However, you can only demonstrate that value once you’ve won projects where you can showcase that quality work. So, especially for [...]
Built with Billd: The Key to Winning Bids in a Competitive Construction Industry
In an incredibly competitive industry, the key to successful growth is the ability to submit competitive, accurate bids. On this episode of Built with Billd, we sat down with Kaylon Page, General Manager at Texas Materials. Over the course of his career, Page has learned what works, what doesn't, and how you can maximize the number [...]
What Are ASIs in Construction?
In almost every industry, revisions to a project scope, large and small, are inevitable. The construction industry is no different. After signing an agreement for a construction project, there are three ways to alter it: Change orders Construction change directives Architect’s supplemental instructions or ASI What is ASI in Construction? An ASI in construction (Architect’s [...]
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