According to the Associated General Contractors, prices for construction materials have outstripped bid prices by more than double since the start of the pandemic. In this episode of the Digging Deeper podcast features with Dmitry Alexin, the CEO of 1build – a real-time data platform for construction cost estimates.
With profit margins at their lowest, creating bids with accurate pricing has become do-or-die for residential and commercial contractors alike. Yet the industry has been slow to adopt technology to replace the status quo—an antiquated, printed directory of building costs that’s only updated quarterly or maybe even once a year. Join Jonathan Kozlowski, editor of Concrete Contractor magazine, and discover more about 1build’s platform and how it was designed to aid estimating and help you with more accurate bids.
Digging Deeper discusses all aspects of the construction industry with a variety of influential construction business owners. Topics include: equipment operation, safety, business management, technology and labor issues across the construction industry, but also dives deep into niche markets like concrete, rental and asphalt. Click here to access more episodes.
