Your Business

 

 

Articles in this section are intended to help electrical contractors grow and improve their businesses, from financial and legal advice to creating a service and maintenance department. You’ll find articles on estimating projects and more below. 

Klein Tools infographic of survey results.

Klein Tools, Lincolnshire, Ill., released the results of their annual State of the Industry survey on April 17.

In January, the United States Department of Energy (DOE) announced that several of its Energy Efficiency and Renewable Energy (EERE) supported technologies won awards in R&D Magazine’s R&D 100 Awards, which the DOE called the “Oscars of Innovation.” A number of these technologies concern ele

Last month, we discussed the direct costs associated with a change order: labor, material, equipment and other miscellaneous costs directly related to the change order. Now, it’s time to look at your indirect costs, starting with overhead.
 Overhead


Mayor Bill de Blasio signs Introduction 247-A into law.

According to the New York City Council website, on March 21, Mayor Bill de Blasio enacted Introduction 247-A, a bill which amends the New York City administrative code to increase the civil and criminal penalties for performing electrical work without a license.

More on Your Business

 
The NECA Show To Be Held In Boston Oct. 7–10


The 62nd annual National Electrical Contractors Association (NECA) Convention and Trade Show, held in Boston this year from Oct. 7–10, is bursting at the seams with new technology, educational workshops, networking opportunities and product exhibitions.



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When Liquidated Damages Become Liquified

Credit cards typically apply interest to late payments. This interest factor, which may be 18 percent or more, can be viewed as a form of liquidated damages (LDs). The base amount owed is not liquidated, because it depends on your balance, but the percentage is liquidated, or fixed, by agreement.


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NECA 2016 Boston, Day Three

Wooh! Well, we made it. Yesterday (October 10) was the final day of the 2016 NECA show. It’s been a crazy few days for us at ELECTRICAL CONTRACTOR.


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ISU: (From left) Beth Hartmann, Jack Finn, Shay Hudachek, Dylan Busby, Caleb Bonderer, Tristen Giralomo, Noah Reddig, Scott Miller, Regan Smiley and Rick Smith. Photo provided by Kate Tindall, ISU CCEE Department.
Green Energy Challenge Winners At NECA Show


Each year, ELECTRI International hosts the Green Energy Challenge for NECA Student Chapters. The 2016 competition challenged teams to design an energy upgrade for a K–12 facility in their community.


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Just What the Doctor Ordered

Call it the future of healthcare for North Dakotans today and generations to come. Call it the largest publicly funded building project in the history of North Dakota. If you do, you’re right on both counts.



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Free Estimating Webinar: Technology Empowered Estimating

Information technology and automation have converted construction project estimating from an arcane and sometimes mysterious art to an art-and-science process that can be standardized (individually, for each company) and reliably repeated.


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Federal Court Blocks FCC’s Municipal Broadband Push


After a series of net-neutrality victories for the Federal Communications Commission (FCC) in federal court, the agency was handed a significant defeat on Aug. 11, 2016, in the battle for municipal broadband networks.



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