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 price swings hit fixed-price GCs hardest. Here is what to track, what contract language protects you, and how buyout and billing li...
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: burdened labor, materials with tax and freight, equipment, sub costs, and overhead an...
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 cash drag between paying job costs and collecting from the owner. Here is how to measure it on every pay app, what it costs, an...
Labor Burden Calculation: What Belongs in Job Cost Beyond Wages
Base wages are only part of what field labor costs. Learn how to calculate full labor burden and why it must hit your job cost records on ev...
Stored Materials on the G703: How to Bill Them Without Getting Rejected
Stored materials are one of the most rejected lines on a pay app. Here is the seven-step process for Column F: approval, documentation, entr...