How Profit Is Lost Before a Construction Project Even Starts

You just won the bid. The numbers look good. The margin is there. Everyone in the office feels confident about this one. Three months later, your superintendent is calling. The job is bleeding money. The crew is burning hours trying to figure out what the estimator actually meant. Scope that looked clean on paper is […]

Trends in AI and Estimating

With more than 2.9 million square feet of exhibits and thousands of contractors walking the halls in Las Vegas, the STACK team spent the week talking with estimators, project managers, and business owners about how they’re approaching takeoff, estimating, and preconstruction.  From conversations at the booth to live demos of STACK, a few clear themes […]

How to tell if you should switch from bidding to negotiated work

Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Chad Prinkey is the founder and CEO of Baltimore-based Well Built Construction. Opinions are the author’s own. ​​​ Nobody is going to pay you for competitively bidding on their work.  Estimating staff and even estimating time invested […]