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Construction firms such as Jacobs, AECOM and Quanta Services could play key roles in the rebuilding efforts, according to financial services company Baird.
Estimated $137B hydroelectric project, announced Dec. 25, would be three times larger than Three Gorges Dam and in region where 8.8-magnitude earthquake occurred on Jan 8generating major concern from opponents and skepticism if China will sustain the investment as it faces an economic slowdown.
Trends in Workplace Injuries & Safety in Construction ccapoccia Wed, 01/15/2025 - 16:43 As workplace safety remains a critical focus for business owners in the construction industry, Construction Business Owner (CBO) spoke with safety experts to explore emerging trends, safety culture, and actionable strategies for reducing injuries and costs. Representing Travelers in this discussion are Rich Ives, senior vice president of business insurance claims for Travelers Insurance, and Ken Wengert,
AccuWeather says total costs could range between $250 billion and $275 billion, including rebuilding and economic loss, making these the most expensive fires in U.S. history.
Take control of your construction projects with this comprehensive guide to modern project controls. Learn how to integrate advanced tools that centralize budgets, schedules, and performance metrics. Discover strategies to prevent overruns, predict risks, and optimize workflows using real-time data and predictive insights. This guide is designed for construction leaders aiming for excellence in a competitive landscape.
Mental health among construction workers is as much a safety concern as slips and falls. Discover how the industry is approaching the issue and how you can help.
Looking for information on how to achieve *ISNetworld compliance to work with Nammo Defense Systems?Don’t worry, we have all the information you need. If youre a contractor in the aerospace and defense industries, you know how competitive it is to earn and maintain valuable contracts with major organizations. Now, Nammo Defense Systems (NDS) has joined the ISNetworld platform.
Looking for information on how to achieve *ISNetworld compliance to work with Nammo Defense Systems?Don’t worry, we have all the information you need. If youre a contractor in the aerospace and defense industries, you know how competitive it is to earn and maintain valuable contracts with major organizations. Now, Nammo Defense Systems (NDS) has joined the ISNetworld platform.
By Edward Owens Photo Mehaniq/courtesy Bigstockphoto.com Graffiti and vandalism have become increasingly common threats to commercial properties across the United States. For instance, in the second half of 2023 alone, the San Francisco Bay Area recorded more than 10,000 instances of graffiti on commercial properties. 1 Despite a significant 74 percent increase in cleanup requests, the response rate from public works dropped to a concerning 14 percent.
The construction industry added just 8,000 jobs on net in December, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 196,000 jobs, an increase of 2.4%. Nonresidential construction employment increased by 4,700 positions on net, with growth in all three subcategories.
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
After coming home from her third year at Missouri University of Science and Technology, Izzy Kane took part in a different kind of “summer school.” As a project management intern at The Korte Company, she spent her summer working on-site at Highland Primary School. Originally from Troy, Illinois, Izzy came to The Korte Company with a passion for construction and leadership.
Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.
Maintaining a property requires more than just keeping the walls clean and fixing the odd pipe. Property maintenance also includes your garden. It can either highlight the beauty of your place or, if neglected, undermine it. If you have ever dreamed of your outside area as a functional vegetable garden, you are not alone. Many people want to cultivate their own produce, but often, they’re unsure of how to begin.
If you ask 100 business owners what they like least about running a business, bookkeeping will likely rank high. It's an annoying and frustrating chore that takes up much time and is easy to put off until tomorrow. Avoiding your bookkeeping is dangerous, however. Not knowing your construction company's financial situation can result in missteps that could ultimately cost you your business.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices also decreased 0.2% for the month. Overall construction input prices are 0.9% higher than a year ago, while nonresidential construction input prices are 0.6% higher.
Frances state auditor the Cour des competes says in a report that state owned French nuclear company EDF should delay making a final investment decision in the UKs Sizewell C nuclear reactor project until it has reduced its exposure to Hinkley Point C. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
The project, originally slated for completion in March 2023 with a $383 million contract price, won’t be complete until 2029 and could cost as much as $2.7 billion, according to an agency report.
With nearly $800,000 in grant funding, a team of scientists at UC San Diego are exploring ways to integrate robotics into the building industry and improve 3D modeling and mapping.
The new offering will provide building services and slide-in room and bathroom pods for clients in healthcare, industrial, education and commercial markets.
ERP deployment options such as SaaS, PaaS, on-premises, and hybrid models directly impact your firm's scalability, security, and integration capabilities. This guide reviews how each approach supports key priorities such as managing complex projects, maintaining data sovereignty, and achieving seamless collaboration. By understanding the nuances of these options, you can make decisions that enhance your ERP's performance while aligning with budget and long-term goals.
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