Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Construction Contingency: A Rundown for Subcontractors
Nobody likes surprise expenses, but they’re all-too-common in the construction industry. Because of this, experienced subcontractors understand the importance of planning for the unexpected and including contingency funds in their budgets. A construction contingency will help you as a subcontractor prepare for (and pay for) unanticipated costs on a project. Today, we'll discuss what a [...]
Construction Scheduling: Techniques, Tools & Tips for Subcontractors
Deciding which type of schedule is right for your subcontracting business is a crucial element to your success as a subcontractor. In fact, the success of all your construction projects relies heavily on a project’s schedule. In this article, we will go over several different methods of scheduling and schedule representation methods so that you [...]
The Design-Build Construction Method: Advantages and Drawbacks
Through the years, the construction industry has gravitated toward alternative project delivery methods like CMAR and integrated project delivery. And one of the fastest-growing delivery methods is Design-Build construction. It is known to save money and make otherwise impossible timeframes more realistic and achievable, making it an easier sell to project owners. But should you [...]
ICF Construction: Everything Subcontractors Need to Know
As a subcontractor, you’ve personally witnessed the slew of technological advancements that transformed the construction industry in recent years. Concrete is one of the many continuously advancing trades, and one of its most recent and popular innovations involves Insulated Concrete Forms (ICF). According to Grand View Research, the adoption of ICFs in the construction industry [...]
What Is Integrated Project Delivery, and Is It Suitable for Your Project?
Just 2% of construction projects are completed on time and on budget. This encouraged construction professionals to develop new, more efficient project delivery methods. We’ve explored a few of these, like pull planning, value engineering and lean construction. One of the most popular project delivery methods that has emerged is Integrated Project Delivery. Here, we’ll [...]
Workmanlike Manner: What It Actually Means and What Subcontractors Need to Know
As a contractor, you’ve undoubtedly encountered the phrase "workmanlike manner" in your construction contracts. It’s an admittedly vague term used to describe completed work that meets the standard recognized in your industry – work that could only be completed by a skilled workman in your trade. However, industry standards aren't always uniform, and clients may [...]
When, Why and How Construction Suppliers Give Better Deals on Materials – And How to Get Them
Material suppliers are the last in line to get paid on any construction project, even behind subcontractors. They aren’t thrilled about their obligation to offer payment terms, but they do it anyway, because they know that subs consider terms essential. And because they’re last to get paid, anything you can do to nurture your relationship [...]
Billd Solidifies Portfolio of Patents and Trade Secrets on Proprietary Processes for Innovative Financing Solutions for the Construction Industry
Austin, TX, Feb. 22, 2022 – Billd, the leading provider of material financing and other payment solutions for commercial subcontractors, has solidified its growing portfolio Intellectual Property (IP) through Patents and Trade Secrets through collaboration with ipCapital Group Inc., a leading intellectual property strategy consulting firm. The company will leverage its patent portfolio for protection [...]
Stop Work Orders: How Construction Subcontractors Should Approach Them
Long before work can begin on a construction project, the owner and the contractor must acquire a building permit from the local government. As subs are well aware, this document sets forth all rules and regulations about the construction of any property under their jurisdiction. That said, local governments have the authority to intercede on [...]
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