When the scope changes daily and work is moving fast, pricing becomes a moving target. Lump-sum contractors don’t always cut it, especially on long-term maintenance projects.
That’s where an SOR (schedule of rates) comes in.
With SOR, every task has a set price. Zero needs to re-negotiate or issue a
T&M contracts combined with an SOW give contractors the flexibility to start fast, especially on jobs where the scope isn’t fully defined.
But that flexibility can backfire fast without tight documentation.
One missed hour, one unapproved change, and your profit disappears.
According to a study by PlanGrid and FMI:
“Poor
Creating a detailed and accurate Scope of Work (SOW) is one of the most important steps in any construction project. It defines exactly what needs to be done, how it should be done, and who is responsible for each part of the job.
A well-defined SOW is the cornerstone of
Contractors lose money fast when projects slip out of control. One surprise, one delay, and your profits go away. It’s a well-known fact. Cost control is one of the biggest issues in construction projects. In fact, a McKinsey study shows that large projects typically take around 20% longer to finish
Cash flow problems don’t start in accounting. They start on the jobsite.
It could be one missed milestone, one vague payment term, and the whole project stalls.
A well-structured contractor payment schedule prevents that, and keeps the money moving.
It spells out:
Still using paper timesheets? You could be wide open to missed hours, buddy punching, and payroll headaches. Manual tracking leaves too much room for error, and every mistake chips away at your margins. If you’re trying to reduce timesheet errors, paper isn’t going to help.
It slows down
For field managers/contractors who relied on NoteVault’s daily reporting tools to manage field updates and logs, there’s a major shift ahead.
Bentley is retiring NoteVault’s core features, including Notes, Crew, and Daily Log, starting September 1, 2025.
Those tools will only be accessible through Synchro Field, a broader Bentley system
Paper timesheets have been around forever. Crews rely on them to track hours, jot down when people clocked in and out, and try to keep things running. But let’s be honest, those paper logs are holding you back.
As jobs get bigger and timelines get tighter, the cracks in the
Payroll delays are a known frustration in construction. What many contractors don’t realize is that these delays often have less to do with finance or admin bottlenecks and more to do with the tools being used to track time.
Paper timesheets might seem harmless, but they’re one of the biggest
Labor is your biggest line item and your biggest liability in construction projects.
You’re already behind if you’re still relying on paper timesheets, scattered spreadsheets, or delayed reports to track job costs.
Construction job costing lives and dies by accurate time data. When your field crew and back office aren’t
Construction daily reporting captures the day-to-day activities that determine whether a project stays on schedule and on budget. It’s a critical part of the job, and some contractors struggle to do it effectively.
When handled ineffectively, it might look like this: The reports go out. The boxes get checked.
Modern construction can’t rely on outdated paperwork. From timecards and change orders to compliance reports and daily logs, construction projects generate a constant stream of documentation.
When these records are scattered across spreadsheets, emails, and physical files, they create:
To escape the struggle, today’s leading contractors
Watch the 4-Minute Product Tour and learn how to:
