Accurate estimates are key to a construction firm’s success. If you overprice a bid, you’ll likely lose the project. But if you underprice it, you’ll lose money and create problems with your partners ...

According to Florida Construction News, a local construction technology startup has launched its first estimating tool and plans to enter the marketplace this month. Togal.ai's software automates the ...

The goal of estimating is to provide a quality estimate with a price that will allow the company to make a profit. Contractors should be in business to make a profit, not to win bids. When an ...

Most everyone understands that the construction industry is not only a big investment, but a long-term one for those who venture down its path. Contractors have a responsibility to do everything ...

Most estimates are prepared from plans and specifications, collectively known as “the contract documents.” These documents should provide the contractor with the necessary information to bid on the ...

The company’s core product automates that entire process in seconds using its own computer-vision algorithm trained on ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

A description and location of the work. Required completion date, if any. The name and phone number of your department's contact person. Except for very complex projects or where the scope of work is ...

U.S. construction aggregates giant Vulcan Materials reported quarterly profit and revenue above Wall Street estimates on Thursday, fueled by resilient demand for its concrete, asphalt and other key ...