Certificate of Insurance Tracking: A GC's Checklist for Renewals and Lapsed Coverage
A practical checklist for GCs to collect, track, and enforce subcontractor certificates of insurance, including renewal alert schedules and...
Schedule of Values Best Practices: Lump-Sum vs Unit-Price Contracts
Lump-sum and unit-price contracts require different Schedule of Values structures. Here's how to set up your G703 correctly for each contrac...
Migrating from QuickBooks to Construction-Specific Accounting: A Practical Guide
QuickBooks works until it doesn't. Here's how to migrate to construction-specific accounting software without derailing your active jobs.
Chart of Accounts for General Contractors: What Goes Where
A generic chart of accounts creates billing headaches and bad job cost reports. Here's how to build one that actually works for a general co...
Subcontract Management Basics Every Small GC Needs Before Winter Work Kicks Off
Before winter work overlaps with fall closeouts, small GCs need a subcontract management framework that keeps agreements, billing, and backc...
When Scope Shrinks: A GC's Step-by-Step Guide to Negative Change Orders
When an owner deletes scope mid-job, most GCs give back too much. This case study walks through a real-world negative change order from firs...
Fixed-Price Contracts and Rising Material Costs: How to Protect Your Margin
Material cost volatility hits fixed-price GCs hardest. Here's how to structure bids, negotiate escalation clauses, and track exposure before...
Percentage-of-Completion Accounting: A Real Job Walkthrough
A step-by-step walkthrough of percentage-of-completion accounting using a real $1.2M medical office buildout, covering earned revenue, WIP,...
Subcontractor Pay Application Review: Your 5-Point Checklist
Before you approve a sub's G702/G703, run it through this five-point checklist covering SOV alignment, field progress, stored materials, ret...
How to Price a Change Order: Labor, Material, Equipment, and Markup
A repeatable 8-step formula for pricing change orders: loaded labor rates, material quotes, equipment costs, sub markups, and overhead plus...
Conditional vs. Unconditional Lien Waivers: A GC's Practical Guide with Examples
Conditional and unconditional lien waivers are not interchangeable. Use the wrong type at the wrong time and you lose legal protection. Here...
Float Analysis: How Long Your Money Is Actually Gone on Every Pay App
Float is the hidden cash drag between your G702 submission and the day you fund your subs. Here is how to measure it, price it, and shrink i...