There is quite a lot of discourse regarding daily reports in the construction industry. Some people think they are unnecessary and take too much time to be worth the effort. However, some may not consider how important daily reports are in regards to protecting you on the front end and defending...
This Week's Second Look
The coronavirus pandemic infused unprecedented levels of uncertainty into our economy. When the virus became more widely spread in March 2020, businesses closed, workers self-isolated, and customers abstained from the marketplace. Even today, operations are not back to normal, and many businesses...
The following blog post was written by Grace Johnson, Safety Advisor at MAREK's Houston location.I was recently given the opportunity by MAREK, along with one of our Field Foreman, Jaime Ramos to participate in a discussion panel hosted by the AGC Houston. The panel consisted of 6 individuals both...
The State of Texas has created a new body, the Commission on Texas Workforce of the Future, to recommend legislation for submission during the next legislative session in 2021 to alleviate the skilled workforce shortage in the state. Andrew Schneider of Houston Public Media reported:“Texas...
Here at Chamberlin Roofing & Waterproofing, there is only one thing that our clients pay us to do for them. They don’t pay us to do estimates, nor do submittals, nor send them invoices, nor answer our phones, nor send them advertising materials or a whole host of other things that we all spend...
Accounting for Anticipated LossesGenerally accepted accounting principles or GAAP require the recognition of loss provisions in the period during which the loss becomes evident (Financial Accounting Standards Board Accounting Standards Codification [FASB ASC] 605-35-25-46 // FASB ASC-606-10-65-1)....
Off-site production of modular of apartments, pods of bathrooms for hospitals and a number of “production line” construction techniques are once again showing up in some interesting places and being used by some traditional builders. This production technique, borrowed from the modular unit or...
Across all fields of construction, the industry is seeing a severe labor shortage during a time when it should be flourishing. According to the U.S. Department of Labor Statistics, the construction field is one of the few industries having consistent growth in the number of jobs and contracts...
This new $1.2 Trillion Infrastructure Bill has many contractors thinking about trying their hand at Federal Projects. Bigger doesn’t always mean better though. Especially if this means that there is more risk involved. It’s important to truly think first before you jump and educate yourself on what...