Social Post Of The Week: Practical Bidding Advice

Autonomous Pile Driving?!

Built Robotics is doing some amazing work with autonomous construction equipment, including an autonomous machine to drive piles in solar farms. Check out their video below. 

Edgevanta World

We've successfully transitioned from our small two-person office in the West Nashville co-working space to a larger space with five desks to support our expanding team. Whiteboards are on the way. It's all about taking that first step, isn't it?

Stopping Fade

Profit Margin Fade in Construction: The article from Construction Business Owner addresses the common issue of profit margin fade in construction projects, where the final costs of a project exceed the initial bid estimates, leading to lower-than-expected profits.

Strategies to Prevent: It highlights the need for accurate cost estimation, updating cost history regularly, and efficient project management as key strategies to prevent profit shrinkage and ensure maintenance of expected profit margins.

Article credit to BC.

Texas Sized Material Acquisition News 🤠 

CRH snags Martin ready-mix and cement assets in South Texas

SRM purchases Vulcan's Texas ready-mix assets

Stoic Wisdom 🦾 for the Week

“Life is very short and anxious for those who forget the past, neglect the present, and fear the future.” – Seneca

Reflect on this as we embark on another week of bidding and building.

Happy Thanksgiving 🦃 🍽 🍁  to all of our readers, we're grateful for your support!!

We would love to hear what you think about our weekly newsletter!!

To be added to our distribution list, shoot us an email here

Warm regards,

Tristan

About The Author:

Tristan Wilson is the CEO and Co-Founder of Edgevanta. We make software that helps contractors win more work at the right price.

He is a 4th Generation Contractor, construction enthusiast, bidding nerd, ultramarathoner, and paving nut. He worked his way up the ladder at Allan Myers in the Mid-Atlantic and his family’s former business Barriere Construction before starting Edgevanta with his Co-Founder Matt in Nashville, where the company is based. He can be reached at [email protected]

1