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Why details matter in cost estimating for construction When it comes to construction cost estimating, the devil is in the detail. Any inaccuracies or missed details could put you at risk of claims for extra costs, eating into your budget  and your profits. Ensuring...

4 things to consider when choosing a construction cost consultantWhen it comes to residential building projects, there is a lot you need to consider right from the start. From knowing what the realistic cost of the project will be to ensuring you have the right...

Tender strategy: why you need it and what to considerYou’ve got your tactics sorted when it comes to project tenders. You know how to present your bid in the best light to win. It’s how you’ve made it this far. But what about your tender strategy? If tactics are the...

Do you have the right mindset to grow your construction business?The UK construction industry saw a record-busting slump in output this year. But in any recession, there will be winners and losers and that applies to the construction too. There is an opportunity for...

Contractor’s Obligations and Powers in JCT Intermediate ContractsIt has been almost a hundred years since the Joint Contracts Tribunal (JCT) was established. It changed the face of construction through the publication of standard forms of building contract. The latest...

The trouble with estimating: challenges and solutions You’ve got a client interested in what you can do for them but now it’s crunch time, they want an accurate estimate. At first glance this may not seem too difficult; after all, you know your industry, you...

JCT Intermediate Contracts: contract administrator’s obligations and powers A construction contract keeps everyone involved in a project playing by the same set of rules. It is the contract administrator’s job to make sure the game runs smoothly by administering the...

Cost estimates and tenders in lump sum contracts: rules and proceduresAs a contractor, it all starts with the tender, the kick-off point which can, if all goes well, lead to you seeing a construction project through to completion. But for the architect and client on...

Lump sum contract disputes and how to avoid themClient disputes are part and parcel of running a construction business. It’s unavoidable. But whether or not your bottom line is hit hard is something you can avoid by putting in place the right protections from the...