Add Yahoo as a preferred source to see more of our stories on Google. Shaking hands over a construction contractor's business. You've probably heard the advice to get everything in writing when ...

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

This chapter will provide the details of nine case examples of projects for which open-book negotiating procedures were employed. The case examples were selected to provide a cross section of CM/GC ...

A construction estimate is an educated guess based on experience and industry standards as to what a specific project with a specific scope of work may cost in a particular area of the country during ...

Homeowners don’t shop for contractors the way they did five years ago. They research online, compare options quickly, and increasingly want clarity on pricing before they ever fill out a form or pick ...

Estimates are one of the most crucial aspects of planning a construction project. Since it is associated with forecasting the total job costs, a good estimate should contain all the expenses that are ...

Rachel is a home improvement writer and content editor. In addition to being a contributing writer at Forbes, she writes for small businesses and creative agencies. She uses her home improvement ...