Profitable Foundation Drilling in 3 Steps

Foundation drillers have an important role in various construction projects. By working closely with contractors, drillers perform under the framework of a much larger project. The engineering and design plans decide the next steps for a foundation driller.

Drilling a foundation is an expensive job, but it is possible to still turn a profit with careful planning. Here’s how to keep your project in the black. #CopelandInternational

Increasing Revenue with Foundation Drilling

In a competitive industry, it’s not uncommon for poor bidding practices to be present. In order to keep your job profitable, it’s necessary to be aware of circumstances that will cause delays such as order changes, budget, disputes, and other technical issues. Here are three steps to keep your foundation drilling jobs rolling and profitable. 

  1. Analyzing the Site Construction Report
  2. Understanding the Size & Scope of the Project
  3. Foundation Drilling Equipment Maintenance

1) Analyzing the Site Construction Report

Long before the client hires a foundation drilling expert, at least one other contractor has already inspected the worksite and determined the scope of the project. This prime contractor will have reports of local soil properties, the types of piles that must be constructed, and more essential information for you. Read all these reports in detail and take note of the contractor’s suggested construction strategies. Long before you start drilling, these reports will help you look at the bigger picture.

2) Understanding the Size & Scope of the Project

What does this particular drilling project require? More importantly, can you provide the level of work it needs? The prime contractor’s reports and recommendations will give you an idea of the scope of the project. As a drilling expert, you should be familiar with what your own equipment is capable of and whether or not you can perform the level of work required.

Pro Tip: The smaller your drilling machinery is, the smaller your construction projects should be. Don’t force smaller machines to work on projects outside their capabilities.

3) Foundation Drilling Equipment Maintenance

Speaking of foundation drilling machinery, take the time to ensure yours is in good condition before you take on a massive project. Lubricate the machine parts as necessary. Schedule inspections and basic preventive maintenance to catch problems before they get too big to handle. Most importantly, keep your employees trained in safe equipment handling. Minimize the risk of employee error or equipment failure causing a serious accident.

Conclusion

Working in the foundation drilling industry presents challenges you won’t encounter in other projects. However, these endeavors can be very rewarding. Investing time and effort to plan your project in detail will help you run a profitable foundation drilling business.

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