Learning Library

Werx Academy

Plain answers for contractors on billing, estimating, time tracking, job costing, and running the business.

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A practical learning path for contractors

  1. 01
    What Is AIA Billing? A Complete Guide to G702 & G703 Pay AppsHow AIA pay applications and G702/G703 forms work.
  2. 02
    What Is Progress Billing in Construction?Billing for work as it gets completed, by milestone or percent.
  3. 03
    What Are the Top Construction Estimate Types?The main estimate types and when each one fits a job.
  4. 04
    What Is a Schedule of Values (SOV)?The line-item breakdown that drives pay application math.
  5. 05
    What Is Real-Time Job Costing (and Why It Matters)?Tracking labor, materials, and subs to each job as work happens.
  6. 06
    Why Is Time Tracking Important in Construction?Why accurate hours drive job costs, payroll, and billing.
  7. 07
    How to Price Jobs for Profit (Markup vs. Margin)Use the right formula so every bid hits your target margin.
  8. 08
    What Is a Change Order (and How Do They Work)?A written change to a contract's scope, price, or schedule.

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