Categories
Informational

A Beginner’s Guide to Bidding on Construction Jobs

Bidding on construction jobs is the bread and butter of many construction companies. The more bids the company places, the more likely they are to have construction jobs and keep their crew busy. If a contractor is only bidding on 1 job a week – they are likely to have a slower season. However, if a contractor is bidding on 5- 6 jobs per week, you can bet they are going to have a great season. 

Let’s start with the basics, what is a construction bid?

A construction bid is essentially a proposal. You are proposing to your client what you can do for them. This should include the cost including the expenses and profit. This is different from an estimate which just lists the cost of the job (excluding the profit portion).

When submitting bids, it’s important to remember that oftentimes, costs, as well as qualifications, are the two most important considerations for clients when they are choosing who to work with. What does this mean for you? Well, we would suggest aiming to have one of the lowest bids, ensuring that you are still making a profit, and highlighting your qualifications. Placing the correct bid on the job can really make the difference between success and failure for a construction contractor. Lucky for you,  Dibbs has ready to use templates for you to easily place successful bids in seconds and lists jobs you can bid on – we make it really easy

For government projects the bidding process is highly involved and regulated but, for private projects, it can be less formal. Regardless of the type of job you are bidding on the process is similar. Let’s take a look at the typical process. 

Process of a Construction Bid:

  • Job is placed online. A ‘client’ or homeowner shares information about the project they are looking to have completed. Dibbs is an app where you can post your bid and reach an entire network of suppliers. 
  • Review. As a supplier or GC you are able to review the jobs or materials in your area and see if they are something you want to work on.
  • Submissions. Now, the user who posted the job reviews the submissions that were shared. 
  • Select a winner. After reviewing all qualified bids, the user now chooses a winner to complete the job. As shared earlier, often times this will come down to cost. 
  • Project is delivered.  Once the contract is signed and the details are discussed the project is completed. 

Construction bidding is a timely process and one of the most important aspects of the business. Dibbs understands that and that’s what inspired us to create Dibbs. Cut the time it takes to create bids in half and see how you can increase your bottom line. Schedule a demo today. 

Categories
Press

Dibbs Featured on Yahoo Finance

Creating a Marketplace Like no Other in the Construction Industry.

Dibbs was recently featured on Yahoo Finance. In the article, they discuss how Dibbs is creating a marketplace like no other in the construction industry. Yahoo Finance looks to feature businesses in the tech world who are changing the game. We are excited and thrilled to be a featured business on their radar!

Read the full article here. 

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Industry Updates

3D Printing in the Construction Industry

It may come as a surprise to some but 3D printing is not new technology. 3D printing, also known as additive manufacturing, was first created in the 1980s in Japan by Hideo Kodama. Kodama is responsible for creating the layer-by-layer approach to manufacturing. Despite his inability to file a patent for this technology, he along with a trio of French researchers, are credited for finding this technology.

The patent for this technology did not come until 1986 by an American furniture Charles Hull. He submitted the patent application for the technology, and following in 1988 he founded the 3D Systems Corporation where he made the first commercial 3D printer.

Why does it exist?

3D printing is the process of making three-dimensional solid objects from a digital file. This process allows you to produce complex shapes using less material than traditional methods. SLA was the first 3D technology created. SLA is a high-powered laser that turns a liquid resin into a solid material. This is completed from the ground up in a layer-by-layer fashion.

How is 3D Printing used today?

Today, the 3D printing construction market is rapidly growing. Statista shares that the industry is expected to grow at a compound annual growth rate of 17 percent between 2020 and 2023. This leaves a lot of room for growth and opportunities for those in the industry. The 3D market like many others includes an array of pros and cons when it comes to how it will be used.

Benefits of this technology in the construction industry include the following:

  • Increase Speed – 3D printing allows for the building of homes or buildings in a matter of days as opposed to conventional construction which can take months or even years. According to Marco Vonk, Marketing Manager at Saint-Gobain Weber Beamix, “You save about 60% of the time on the Jobsite and 80% in labor.”
  • Design Freedom – 3D printing allows architects to create extremely difficult shapes that they otherwise may not have been able to create.
  • Waste Reduction – Because 3D printing is an additive technology, it only uses the amount of material needed for each job.

The downside includes:

  • Labor Shortage – This is a prime example of technology replacing jobs of workers to save time and money.
  • Regulations – Digital Builder shares how there’s much uncertainty in this aspect of 3D printing in construction. Until laws and regulations are clearly defined, it’s unlikely that 3D printing will make too much of a mark in the construction sector.

The unknown of 3D printing stops it from being such a mainstream way of life in the construction realm. As large companies such as BAM or Saint – Gobain continue to use this technology other companies will want to stay here as well. As the construction industry is one of the largest in the world, it is exciting to see new technology constantly created to help innovate and change the industry.

Categories
Informational

Is There an App for Buying Construction Materials?

A lot of contractors have expressed a need for buying construction material at an affordable price and that fits their timeline. Searching and contacting various sellers often requires multiple searches if your project has more than one aspect. The process to find the best supplier can take weeks and even then, you may still be missing out on a better price and better quality. The process for finding supplies is not up to date with the current technology available and poses some major challenges ​​with productivity in the industry.

How Do Contractors Find Supplies Currently?

The current process for finding new supplies goes something like the following:

  1. Research The first step is to look at and identify potential sources for all of the building supplies needed. This is typically completed on a regular basis as oftentimes, contractors have more than one job they are working on.
  2. Request a bid Once a contractor finds the company that they want to work with, they can begin the process of receiving bids. Bidding allows you to determine the best price for the materials needed. Currently, this process is time-consuming, and you can view the typical bidding process here. The Dibbs app allows you to do this in half the time automating the process for you and letting the suppliers come to you.
  3. Pick a Winner Once you receive the requested bids now it is time to choose who you want to work with. You should review every aspect of the bid. The time to get the materials, the price, and the quality.

How can the bidding process be easier?

Most processes in different industries change quite frequently to keep up with competition and the needs of their consumers. The construction industry, however, does not follow this. So, it makes sense that the process for bidding on supplies is time-consuming, old, and needs to be updated. Dibbs changes that. Dibbs was created to help contractors and suppliers, sell more and stress less. Dibbs takes the friction out of bidding. Dibbs allows you to post your job, or materials needed and let the bids come to you. You will no longer have to send out countless bid requests, wait for responses or follow up on your own – Dibbs does this for you!

Just take a look at the video below to learn more and see how it works:

Categories
Press

The Dibbs Team Works With Habitat for Humanity of Providence

Gallons of Gratitude Homeowners

Members of the Dibbs Team volunteered to help the Selamnesh family build their first home through Habitat of Humanity Greater Providence. The Habitat of Humanities mission is to work with families experiencing substandard housing to build, repair, and preserve affordable housing and communities, and to make the need for affordable, safe, healthy, and efficient shelter a matter of conscience and action.

The Selamnesh family was living from apartment to apartment and as a single mom, traveling one hour to work each day to raise two boys was a lot. The whole family is thrilled they were chosen to receive a home.

As a company in the construction and real estate industry, it is a pleasure to contribute to the Habitat for Humanity projects. We’re overjoyed to know that the Salamnesh family will have their first home complete in early 2022.

It is our mission to improve infrastructure, increase construction sales and provide access to more jobs and homes. Today was our first project for the Habitat for Humanity team and we hope to continue working side by side to build, repair, and preserve affordable
housing and communities.

Habitat for Humanity
Charity

The Dibbs team was all smiles during the building time today. 

 

From left to right: Chase Stebbins, Brian Hillenbrand, Habitat for Humanity Team Member Mark, Luke Fleury, Bobby Chavous

 

 

Categories
Press

Dibbs Featured on Startup to Follow

Improve the construction industry with Dibbs. 

Dibbs was recently featured on Startup to Follow. In the article, they discuss how Dibbs is disrupting the construction industry with revolutionary technology. Startup to Follow features interesting startups you should keep your eye on. We are excited and thrilled to be a featured business on their radar.

Interested in the Dibbs app? Download it today on iOS. 

 
 
Categories
Industry Updates

What to Expect for Lumber Prices in 2022

In 2021 we saw the housing industry boom, despite the global pandemic. The lumber industry, however, suffered. The demand for lumber was high but a lack of supply, along with an increase in tariffs, created tremendous inflation. 2021 saw the highest increase in pricing for lumber since 1949. So, what does this mean for lumber prices in 2022? 

According to the National Association of Home Builders (NAHB), increasing lumber prices are adding approximately $30,000 to the price of a new home. This is only adding to the insane increase that real estate has seen this year. The market can not bear more in the form of construction slow-downs. Already, 152,0000 single-family homes have been permitted but not yet started, this is a 43.4% increase from last year. 

What is Being Done About This?

 

The NAHB is taking the lead on this issue, and recently wrote a letter to President Biden. In this, they urged President Biden to direct the U.S. Trade Representative Katherine Tai to develop a new softwood lumber agreement. 

“In addition, we respectfully ask that you direct U.S. Trade Representative Katherine Tai to returns to the negotiating table with Canada to develop a new softwood lumber agreement. Ending softwood lumber tariffs once and for all would be a significant step forward in addressing the longest trade dispute in U.S. History.”

The housing demand is strong and residential construction is expected to stay at its current pace through 2023. This makes it imperative to resolve the issue of lumber prices.

In addition to the letter, the NAHB met with top Canadian officials, to discuss the Commerce Department’s recent action to double tariffs on Canadian lumber imports. This would increase tariffs from 9% to 18% which threatens housing affordability in the US.

What Does This Mean for Lumber Prices in 2022?

In the early months of 2022, expect to see lumber prices increasing again. Back in May of this year, lumber prices peaked at $1,515 per thousand board feet. We did see a slight decline for a few weeks however, the price is starting to steadily increase once again.  

All in all, a change needs to be made to make lumber more accessible and affordable in order to keep up with the high housing demands. Use the Dibbs app to ensure you are getting the best price from suppliers on lumber and additional materials. Learn more about the features of Dibbs here.

Categories
Informational

What is the Role of a Construction Manager?

The short answer is simple – a construction manager’s role is to plan, coordinate, budget, and supervise building projects. They do this from the start of the job through the completion. However, there is more that goes into the planning and coordinating of the project. The job of a construction manager allows people to learn the ins and out of construction projects. As a construction manager, you will learn how to obtain work permits, hire contractors, provide cost estimates, and, schedule walkthroughs with clients. Additionally, you will be responsible to keep a team on track with the progress they are expected to make.

A construction manager is a client-facing role and often times you will need to deal with “fires” or, emergencies on the construction site that may come up. As a construction manager, it is important to deliver on time and on budget. This will not only keep your client happy but also help to prevent you from spending any additional money or time on the project.

According to The Bureau of Labor Statistics, the need for construction managers is expected to grow by 8.5 percent in employment growth between 2019 and 2029. This means an estimated 40,400 jobs should open up. So, if you are interested in making a job move, now may be the time to do so.

How Long Does it Take to Become a Construction Manager?

Typically a bachelor’s degree is required for this role. If you are looking to work for a large construction firm, they do seem to prefer both a bachelor’s degree as well as on-the-job training that can increase your construction experience. CMMA shares information on what it takes to become a successful certified construction manager.

The salary of a construction manager is competitive varying from $27/hour to $52/hour and typically has an average yearly salary of, $97,180. You can find more information on this by looking into The Bureau of Labor Statistics website.

Pros and Cons of Becoming a Construction Manager

Like any career there are a laundry list of pros and cons that come with the title. Pros of a construction manager role include:

  1. Job Security – As shared earlier the need of construction managers is continuing to grow. Not to mention that the continuing increase in population will lead to a need for new buildings, homes and remodeling.
  1. Attractive Salary – The opportunity to earn a six figure salary makes this a nice profession. If you choose to go into speciality industries you can make even more than the average. Construction managers working for gas and oil companies earned the highest average salaries at ​$148,400​ per year.
  1. Varied Job Duties – If you are someone who likes to do something different each day and not sit at a desk for a normal 9-5 – this may be the right career for you. As a Construction Manager you will quickly learn that no two days are the same and that each job varies.

In my opinion the pros of the job heavily outweigh the cons but, they are still worth mentionging. Cons of the job may include the following:

  1. Stress – As you are in charge of multiple aspects of the job stress can be a factor. Stress can be prevented or minimized if you are working with a group of people that understand what you are looking for in a team. Setting proper expectations is always important.
  2. Difficult Schooling – The path to becoming a construction manager is tough and not for everyone. Although it is sometimes possible to find jobs as a construction manager without a degree, these will be smaller projects that may not have the same pay as the typical construction.

The role of a construction manager is a well-respected profession. If you are interested in getting into this field do the research and ensure that you understand the role of a Construction Manager. This will lead you to a successful career.

Categories
Informational

Benefits of Hiring a General Contractor

In the United States, there are over 7 million people who work in the construction industry.

Construction is a wide field and a major part of the economy. People who work in construction have a wide array of skills that they can bring to the table. If you have a job that needs to be done, hiring general contractors is one of the best ways to ensure that it gets done correctly.

If there were to be a jack of all trades in construction, it would be general contractors. They have often spent their entire life working in the field, learning the trade from the bottom up.

What Is a General Contractor

If you’re starting a construction project, no one can help you more than a general contractor. This may lead you to ask the question, what are general contractors?

A general contractor is a construction expert responsible for all aspects of a job site. They contract work out to other professionals for each aspect of the job. They can get the materials required for a job, and they know how to communicate expectations and plans.

A professional contractor will act as the brain of your operation, organizing and planning the project with you. They will coordinate the workers, deal with vendors and ensure the work gets done on time. A GC can also ensure all the proper permits get filed.

In order to become a General Contractor, there are requirements. Most of these revolve around experience and education. No one starts off as a general contractor, they have to work their way up to it.

What Makes a Good General Contractor?

One of the first and most important aspects of being a General Contractor is having experience in the field. A good general contractor is aware of all the ins and outs of construction and can plan projects for you. This experience allows them to give you insight into the difficulties and feasibility of any project you want to get done.

A great general contractor will have education as well as experience. They will have a license and insurance so that any trouble that occurs during the job is taken care of. This will help to protect you from any liability that occurs during the project.

General contractors are able to design jobs, a great one will be able to take what you want and turn it into a reality. They will provide you with sketches based on the concepts of what you want, so you can give feedback. They will take this feedback to better make your vision a reality.

How to Choose a General Contractor

There may be a great general contractor out there that you just can’t connect with. To get the job done you need and want, you need to find a general contractor that you can work with. Hiring a professional won’t do you any good if you can’t communicate.

Here is a short checklist you should consider before hiring your General Contractor. You shouldn’t always go with the first, or lowest bid.

1. Obtain Multiple Bids

Start by getting bids for your job from multiple general contractors. This way you can see what they charge for work, and how they communicate it to you. Ask for clarification on anything that you don’t understand. Dibb’s app allows you to do this easily through the app – you can share the job you need to be completed and GC’s will actually send you the information.

You want a general contractor that can explain the bid to you. You want to have all the information you can have. It is important that the general contractor and you see eye to eye on financial matters.

2. Make Sure They Are Licensed and Insured

They might be the best contractor in the world, but you don’t want to work with someone who isn’t insured. Having a license just helps you ensure that they have met all the requirements and have the knowledge to be a general contractor. This can also help to prevent running into issues down the down.

3. Check What Former Clients Are Saying

It has never been easier to get reviews on a contractor. Find out what their former clients are saying about them. Take into consideration the context of these reviews, both good and positive so that you are better informed.

4. How Do They Communicate

You want to work with a professional contractor that you can communicate with, in an open and easy manner. Consider how they answer your initial questions, are they helpful or do they seem annoyed by the questions? You are the only one who can choose what communication style works best for you.

5. Meet Their Team

You can learn a lot about a contractor by how their team presents and conducts themselves. Contractors often work with the same subcontractors job after job. This relationship is important and says a lot about the type of contractor you’re working with.

Why Hire a General Contractor

When it comes to hiring general contractors, the benefits to having one are many. Doing projects yourself can be rewarding, but having a professional is often a better and safer choice. They can handle the legal and technical aspects of the job, preventing expensive mistakes.

The construction industry harnesses modern technology and systems to streamline every part of the operation. Having access to this knowledge helps make a General Contractor valuable. Oftentimes, they can get special resources and supplies to a job site that may be beyond your reach.

Instead of having to take care of all the ins and outs of a project, the General Contractor does this work for you. Having a good General Contractor can make your life and projects less stressful. Get someone who can help you turn your vision into reality so that you can get on to enjoying the finished product.

Hiring General Contractors

Hiring general contractors can seem like a complicated process. If you have no experience in having construction done, it can be a stressful decision. Now that you know what to look for, it will be easier than you could have imagined.

Join the Dibbs app and make it easier. Post your job and let the General Contractors come to you. You can review certifications, speak with the contractors, and easily set a budget and timeline. Dibbs was created to make the entire construction process easier for everyone.

Categories
Industry Updates

Lumber Prices Soar Due To Shortage

While the housing industry is booming the lumber industry is suffering. Demand for lumber is increasing and the lack of supply is creating a huge increase in prices. The global pandemic of COVID – 19 forced lumber production to shut down back in April of 2020. As if that wasn’t enough, in addition to the shutdown there was an increase in tariffs that were added to the cost of lumber as well.

 

How Will Lumber Prices Affect Homeowners or People Looking to Buy New Homes?

 

News19 shared an article that shared recent market data on the prices of lumber in the past months. The article states that “Lumber prices have more than quadrupled since the pandemic started,” With this information, some builders may suggest to homeowners that they hold off on the renovations they are looking to complete. Lumber is not only needed for the foundation of home construction but is also used in materials for cabinets, flooring, windows, and doors. This means that homeowners should expect to see an increase in prices for these projects as well. While there is no evidence that shows if this increase will stop any time soon the National Home Association of Builders provided the following facts:

 

  • The spikes in lumber prices have added nearly $36,000 to the average price of a new single-family home, and nearly $13,000 to the price of a multifamily home since April 2020

  • Lumber prices have increased nearly 50% since April which is the largest four-month gain since 1949.

  • The housing sector has been and still is a leader in the nation’s economic recovery. These high increases in prices can potentially hurt housing affordability for Americans.

In May of this year, the FLCP (Framing Lumber Composite Price) topped $1,500 per thousand board feet. This is nearly three times the pre-pandemic record. With prices increasing almost triple it’s no surprise that some projects need to be put on hold. With the uncertainty of what to expect in 2022 for the lumber and housing industry, you can best be assured that Dibbs is doing its part to keep you updated.

We understand that not all home renovations can wait. Some projects just need to be done now. That is why we created Dibbs. The app allows you to post your job and your budget and let the professionals come to you. Don’t spend time and effort comparing prices running from store to store when you can get all you need right on your phone from Dibbs. Let the contractors come to you and compete for your business with their best price. Download the app today on iOS