Edgevanta Weekly 🚀 🛣️ 12.22.23

Your essential guide to dominating the construction bidding and building world with the latest tech, market trends, and wisdom.

Fishin’ & Bidding

New Edgevanta Platform Is Rolling 🤩

Here’s a list of features and fixes our dev team just delivered in under 2 weeks. This is amazing. We are just getting started!!

  • Date Ranger Filters đź’ˇ New!

    • See only the data you want to see based on timeline view.

  • Margin Analysis MVP đź’ˇ New!

    • Ever wondered how much you could add to your DOT bids and still win? How much profit that would represent? This does all that for you in a matter of seconds and even exports in Excel. Coming soon: all jobs and deeper customization tools…

  • Dashboard Select Contractors đź’ˇ New!

    • Great call by our friends in Springfield: you need to be able to multiple different contractors to compare their bidding analytics to one another.

  • Favorite Columns đź’ˇ New!

    • Your favorite columns are now saved do you don’t have to re-enter them each time. Credit to AH for this suggestion!

  • Page Delete Confirmation đź’ˇ New!

    • Rest easy, you don’t want to accidentally delete a page so this adds another step.

  • Columns Header Sorting 🛠️ Fixed!

  • File Previews 🛠️ Fixed!

  • Renaming & Dashboard 🛠️ Fixed!

Knife River Corporation 🏞️ is standalone with healthy profit

Snapshot:

  • Knife River split off from their parent company MDU Resources in June and are their own public company. This makes it easier to analyze their financials. Their operation covers 14 states west of the Mississippi and are driven by aggregates with ready mix, asphalt, and construction.

  • Their Q3 earnings report shows a 12% increase in revenue to $1.09 billion and a 47% increase in net income to $146.7 million.

DOING IT RIGHT (DIR)

This is a new section 🗞️ where we celebrate with positivity 1 thing that someone in the heavy construction or paving business is doing awesome.

Palmetto Corp, a fully-integrated construction company providing best-in-class paving services and complete site-development solutions throughout South Carolina, has taken the time to celebrate and recognize companywide award winners such as Top Administrator of the Year, Top Paving Crew of the Year, etc… Their LinkedIn posts are focused on their people. We think this is phenomenal!

How do you get people to stay engaged and keep them on board for the long term? You reward performance and publicly recognize them for their efforts. Well done, Team Palmetto!

Bill Gates’ AI Predictions for 2024 🤖

Snapshot:

  • Bill Gates' essay "The Year Ahead 2024" reflects on the pivotal role of AI in bridging global inequalities and emphasizes groundbreaking advancements in malnutrition treatment through gut microbiome research, highlighting these as key areas of focus for the coming year.

Stoic Wisdom Quote

“No man is as unhappy as he who has never faced adversity” - Seneca

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. Reach out to him at [email protected]

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