The Billder's Boardroom: Stay at the top of the game with guides, templates, and tools created by subs, for subs

How to Master Your Financial KPIs with The Trigger Point Strategy 

kpis in construction

Every year you start with a target bottom line and build a plan to achieve it. And every year tens of unexpected twists and turns – both in your control and outside of it – put that plan (and your bottom line) at risk. So how do subcontracting executives build a plan that is flexible […]

How To Get Every Dollar You Deserve From Change Order Negotiation

change order negotiation

Change orders have always been a hub of disputes and delays for subcontractors. At any given moment, subs can have hundreds of thousands of dollars in unpaid change orders hanging in the balance.  Sharpening your negotiation skills can help address these tricky situations and achieve better outcomes. That’s why Billd gathered a panel of construction […]

Subcontractors Need to Request the Prime Contract on Every Project. Here’s Why.

prime contracts

Plenty of subs sign their contracts without ever seeing the GC’s prime contract. It’s not common practice among subs to ask for it, but here’s the thing: it needs to be. Maegan Spivey, a Contracts Manager in the construction industry, is on a mission to get subcontractors in the habit of requesting it any time […]

Construction Contract Negotiation Part 2: How to Protect Your Right to Make a Claim

construction contract

In part 1, we went over attorney James Carney’s negotiation best practices and high-risk contract areas that can often lead to litigation. In part 2, we’ll explore the passive and active waivers that will determine whether or not you can make important claims on a construction project. How to Maintain Your Right to Make a […]

Hiring vs. Contracting Labor: The Pros and Cons of Each

hiring vs. contracting construction labor

Amid a massive labor shortage, subcontractors are forced to be more strategic about their workforce than ever. They have a choice between hiring their employees (provided they can find good candidates), or subcontracting with a labor company. Striking a good balance between hired and contract workers can help you run your business more efficiently. There […]

5 Ways to Make Retainage Less Painful for Subcontractors

retainage

Retainage has been called a necessary evil in the construction industry. It can be a massive setback because of how much it could delay your full project payment. But having a firm grasp of retainage is extremely beneficial to subcontractors. Anything that affects your payment speed is ultimately going to affect your cash flow. That’s […]

7 Contract Clauses That Other Subs Have Negotiated Successfully

A contract clause can be a bit like a shield, guarding against every nasty “what if” that could crop up on a construction project. It’s a weapon against having your rights trampled on as a sub. It’s a lifesaver for situations you once thought were inevitable. And you can get creative with them. Billd recently […]