Outside Rent – Hidden Costs
I was setting up a new customer this week, and part of this process is setting up equipment. When a vendor invoices for equipment, sales tax is usually added but that is not all. Here are the additional charges that the customer added to the…
How to Handle DEF Fluid burn in Equip. Setup
In the equipment setup (Advanced and Comprehensive Versions) you can specify for EOE (Equipment Operating Expense) the fuel burn. Approximately 10 years ago diesel equipment manufacturers were required to install a tank for DEF fluid that injects into the fuel mixture to reduce the nitrous…
HeavyBid Quarterly Webinar Sept 30, 2022
First HeavyBid webinar in a long time and Aaron Allshouse the new HeavyBid Product Manager went over the Equipment setup for this webinar. The link is really difficult to find so here is the LINK to the help article where you can launch the webinar….
Equipment Economics
I see in my travels that determining what to charge for an owned piece of equipment is by far the one resource cost that everyone finds hard to calculate and the cost that there would be the most disagreement about. I see too many companies…
Equipment Rate Calculations by USACE
The Army Corps has a pretty good methodology in calculating equipment rates. While the intent of their manuals is for purposes of determining costs for change orders it does give a good basis of calculations for any contractor even if they don’t do Corp’s projects….
Advice for Growing Construction Companies
This month marks 10 years since my return to HCSS as a software trainer. In my travels visiting over 1,000 companies, I came in contact with many that are experiencing rapid growth. They were once under $10 million a year in revenue and now are…
Video Conferencing – Best Practices & Solutions
Since starting my remote HeavyBid coaching sessions, I have made a small list of best practices to send out to clients to help them properly set up. Here it is: Invest in audio. For a remote training or a HeavyBid coaching session seeing everyone is…
Outside Equipment EOE Tax Setting
I see this quite a lot at companies I visit have equipment designated as “Outside” in the setup. This is a great feature in HeavyBid so that in Summary you can see the total cost for the Outside Equipment. When equipment is rented from a…
Revise the Equipment EOE Factors to Current Market Costs
If your estimate’s Equipment EOE cost is calculating on fuel usage per hour be sure to update fuel rates in your master and current estimates. Sometimes estimators start using this feature, but don’t change the default gallon price when HeavyBid was installed or update the…
Advanced Equipment Setup from UGM Course
I presented this course at the recent HCSS User Group Meeting. If you interested in the PDF of the PowerPoint presentation you can download it with the link below. LINK