Blogs
Byggfakta Group becomes Hubexo and announces new leadership structure
New name reflects Hubexo’s position at the center of the global construction sector. New leadership and brand structure will drive innovation and growth. Product brands remain unchanged with a refreshed identity. Chicago, October 2, 2024: Byggfakta Group, the...
Top 3 Causes of Construction Project Rework and How to Avoid Them
Updated on 9/2/2024. Rework: the dreaded term nobody wants to hear when working on a construction project. It usually means that some portion of the completed work has to be redone to fix a problem, often resulting in schedule delays and cost impacts. According to a...
Why Branded Bids Win More Construction Work
Introduction to Branded Bids In the world of construction, the Invitation to Bid (ITB) process plays a critical role in ensuring a project’s success. It's the first point of contact between a project owner and potential subcontractors, setting the tone for the...
How to Send an Effective Invitation to Bid
Updated on 9/4/2024. General contractors often find themselves sending individual bid invitations for their projects day-to-day, which can be time-consuming and exhausting. To get genuine, quality bids from subcontractors or suppliers, general contractors have the...
The Ultimate Guide to Risk Mitigation
Updated on 10/9/2024. The Ultimate Guide to Risk Mitigation Performing comprehensive due diligence before executing on a construction contract, subcontract agreement, or purchase order effectively assesses and analyzes various types of risk. Oversights in a...
3 Ways to Optimize your Bidding Process
As a subcontractor, it can often feel like there are so many bids it’s impossible to keep track of them all. Impacts from the COVID-19 Pandemic such as labor, project timelines, rework, and resources are still ongoing. A creative way subcontractors are offsetting...
How Subcontractors Streamline Workflow and Projects
Updated on 9/12/2024. Miscommunication and a lack of organization often cause project delays, rework, and lost time within the construction industry. Without a key central location for all stakeholders to track project progress, this leaves many opportunities for...
The Four Major Elements of Highly Successful Contractors (Part One of Two)
The Four Major Elements of Highly Successful Contractors (Part One of Two) Updated on 8/22/2024. What makes a successful contractor? The construction industry is a good barometer of the overall economy of our country. When the economy is strong, construction is up,...
Buyer Beware: When Project Management Software Isn’t Project Management Software
Updated on 8/20/2024. Shopping for software online can be downright confusing. A simple search for project management software will result in a deluge of search results, display ads, and other promotions all claiming to be the best system on the market today. In a...