Executive summary. Field overhead carries different names with different contractors and owners. Discussed here is what field overhead is, and why it’s important for owners to understand. Project estimation. When a construction project is estimated, a good estimate will be one that captures all costs related to a project. These costs include, […]
Escrowing Bid Documents: What, Where, How, Why, & When?
Executive Summary: Escrowing your bid documents and estimate calculations allow the contractor and owner to review all documents relied upon and created by the contractor as of bid day. If this method of price evaluation is accepted by the owner, it can be an invaluable asset during a project dispute. What […]