Essentials for Contracting Success & Growth

Event description

Ready to take your construction business to the next level?

Join us for a four-part live webinar series designed specifically for contractors looking to expand their opportunities, increase profitability, and strengthen their operations. Come learn from an expert in the field, Josh Durham from Gamut Solutions who has over 20 years of experience in the field. Thanks to funding support this $500 series is being offered at no cost to participants.

This four-part webinar series covers essential topics for contractors looking to expand their opportunities and boost profitability.

• Session #1: Overview of Series + Bid Opportunities This kickoff session introduces the workshop series, providing an overview of the construction contracting landscape. Key topics include: · Series Introduction · Navigating bid portals and procurement platforms · Strategies for competitive bid preparation · Project Go/No Go Pursuit checklist · Identifying potential partnership and subcontracting opportunities

• Session #2: Contract & RFP Comprehension Understanding contracts is essential for pursuing work. This session will break down the key elements of contracts and RFPs, helping participants avoid common pitfalls and strengthen their proposals. Topics covered will include: · Key components of RFPs · Understanding bonding and insurance requirements · Best practices for responding to RFPs and preparing winning proposals · One hour of session follow up to get all your questions answered.

• Session #3: Understanding Overhead & Profit Building a profitable construction business requires a clear grasp of the cost of doing business. This session focuses on calculating overhead and profit margins. Topics covered include: · How to calculate and track Overhead costs · Defining General Condition and Requirements costs · Setting realistic profit margins · Assessing Risk – Balancing competitive pricing with profitability · One hour of session follow up to get all your questions answered.

• Session #4: Cashflow & Forecasting Management Cash flow is the imperative to any construction business. This session will guide participants in managing financial health, projecting future expenses, and maintaining the working capital needed for project success. Key takeaways will include: · Cash flow forecasting and management tools · Understanding payment terms and invoicing cycles · Strategies for managing project risks and impacts · One hour of session follow up to get all your questions answered.

Workshop made possible by WSMA funding

Instructor Bio

Taught by Josh Durham Owner & Founder of Gamut Project Solutions With 20 years and counting in the building industry, Josh Durham knows construction from the ground up. He graduated with honors from Portland State University with a Bachelor of Arts degree in Architecture and Construction Management. He spent the next 17 years at Hoffman Construction Company, the Northwest’s largest general contractor, serving in project management roles on some of the most complex projects in the region. After two decades in the trenches, he understands the high-stakes environment of commercial construction. He has made it his mission to help people avoid the pitfalls and, more importantly, take proactive steps that save them time, money, and headaches. 

 Agenda

Session 1: June 3 – 1-3pm (PST)

Session 2: June 5 – 1-4pm (PST)

Session 3: June 17 – 1-4pm (PST)

Session 4: June 19 – 1-4pm (PST)

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact coaching@businessimpactnw.org or call (206) 324-4330