Trending Articles

article thumbnail

How Grant Programs Are Driving Local Construction

Construction Business Owner

How Grant Programs Are Driving Local Construction ccapoccia Thu, 06/27/2024 - 09:57 I want to bring to your attention a sector of a federally funded program that I believe is not receiving adequate attention. The program facilitates local projects that public officials wish to launch. The U.S. Department of the Treasury administers the facilities grant program, which is awarding grant funding to support the expansion of broadband accessibility in public centers.

article thumbnail

AI – caveat emptor – FM

Job Order Contracting

AI -Caveat Emptor – FM (Above image by rawpixel.com on Freepik) While the below was intended to apply to computers, the content has relevance to AI. That said, the current status of AI is basically “pattern recognition”, the problem of assuming biased or misinformation is accurate is very real. AI algorithims sort through avaiable data, look for relevant information based upon statistically high conformity and output a result.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strategic Tax Planning for Contractors in 2024

Construction Business Owner

Strategic Tax Planning for Contractors in 2024 ccapoccia Mon, 06/24/2024 - 17:59 A s 2023 financial statements and tax returns are finalized, it’s time for contractors to shift their focus to the current tax year of 2024 and beyond. In a competitive industry like construction, it’s crucial to adapt continuously to ensure your company is in the best possible position for current and future success.

Plans 268
article thumbnail

Six Reasons Construction Project Fail

Job Order Contracting

These are the top six reasons construction projects fail. Whether repair, renovation, maintenance, or new builds, 30%-40% waste is the norm due to one or more of the following… #1 Lack owner leadership, capacity, accountability. #2 Failure to adopt, implement, and manage a robust and integrated planning, procurement, and project delivery process. #3 Poor team selection. #4 Insufficiently detailed and/or poorly communicated Scope of Work (SOW). #5 Lack of trust. #6 Failure to leverage the k

article thumbnail

Switching to a Robust ERP Designed for Construction: 10 Essential Factors To Consider

For construction firms striving for operational excellence, the right ERP is a game-changer. Upgrading your construction ERP is essential for optimizing operations, enhancing decision-making, and driving growth. By downloading "10 Factors to Consider When Switching Your Construction ERP," you will learn: The importance of adaptability and scalability in ERP solutions.

article thumbnail

Bechtel breaks ground on $4B Bill Gates-backed nuclear reactor

Construction Dive

The new facility will use a sodium-based cooling process instead of water, according to TerraPower, the Microsoft founder’s nuclear energy company.

141
141

More Trending

article thumbnail

The Importance Of Having A Contingency Plan For Construction Contractors

Contractor Bookkeeping

In the construction industry, unexpected challenges can arise at any moment. Numerous factors, from material delays to unforeseen weather conditions, can disrupt project timelines and budgets. From terrorism to fire, from extreme weather or earthquakes to cyber-attacks – how would your business cope if it was affected? Would your staff know what to do?

Plans 111
article thumbnail

Why CMAR is on the rise for public construction projects

Construction Dive

As the construction manager at risk delivery method grows in popularity, there are key ways for contractors to ensure they’re getting a good deal.

Deals 132
article thumbnail

Advancing Construction Safety Leadership 2024: Key Contractor Insights

Safety Services Company

In the construction industry, safety is paramount, given the inherent risks that can lead to serious injuries and fatalities. Contractors and hiring clients alike prioritize safety leadership , seeking partners who excel in safety and compliance, surpassing basic OSHA standards. Recently, The Advancing Construction Safety Leadership Conference addressed industry safety challenges by fostering a cultural shift where safety is ingrained as a core value, not just a regulatory requirement.

Safety 97
article thumbnail

2024 Timber-Strong Design Build Competition: Small Buildings, Big Educational Opportunities

BD+C

2024 Timber-Strong Design Build Competition: Small Buildings, Big Educational Opportunities 1 kcichowicz Thu, 06/20/2024 - 12:14 Student-led teams have 90 minutes to erect attractive, durable, engineered wood structures. APA – THE ENGINEERED WOOD ASSOCIATION MFPRO+ Blog Some designed playhouses. One team created a “barndominium.” And at least one erected a tiny pub.

article thumbnail

Leading the Way in Construction EHS Software

The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

article thumbnail

Can a Prefabrication Strategy Differentiate Your Business?

Construction Business Owner

Can a Prefabrication Strategy Differentiate Your Business? ccapoccia Thu, 06/27/2024 - 10:24 In the ever-changing landscape of the construction industry, efficiency, productivity and cost-effectiveness have become paramount. Traditional construction methods, though tried and tested, often fall short of meeting the increasingly stringent demands of owners and stakeholders.

article thumbnail

New Report Details Federal Funding Gap For Workforce Prep Despite Persistent Labor Needs

Construction Superintendent Magazine

Only one-fifth of federal investments in postsecondary education support workforce development for fields like construction and manufacturing, while the rest of the money goes to “traditional” degree programs according to a new report on federal workforce funding levels. The report, produced by the Progressive Policy Institute, the Associated General Contractors of America and Procore, notes this funding gap is making it hard for many employers to find qualified workers to hire.

ProCore 96
article thumbnail

Swinerton revenue reaches 4-year high

Construction Dive

The California builder highlighted its financial performance and outlined steps toward technological innovation and green initiatives in its new sustainability report.

article thumbnail

Giant Magellan Telescope Passes Final Design Review

ENR Construction

The telescope, part of the next generation of telescopes now under construction or development, will be one of the largest optical telescopes ever built when completed.

Design 94
article thumbnail

The Ultimate Procurement Software Buyer’s Guide

Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

article thumbnail

A New Home Underway for Camp Kita

PC Construction

Last December, PC began construction at a former Boy Scouts camp. Working with the Kita Center, this project will transform the site into the permanent home of Camp Kita , the Center’s flagship bereavement camp for children who have been impacted by suicide. Since 2013, this camp was held at various locations throughout Maine. Once this project is complete, Camp Kita will have a permanent home with the ability to serve more children and increase program offerings.

article thumbnail

A Contractors’ Guide to Tax Credits & Energy Incentives

Construction Business Owner

A Contractors’ Guide to Tax Credits & Energy Incentives ccapoccia Thu, 06/27/2024 - 10:31 Contractors equipped to help clean energy project owners seize opportunities presented by the Inflation Reduction Act (IRA) will be in high demand.

article thumbnail

8th Biennial Emerging Water Technology Symposium Brings Water Discussion to the Desert

Contractor Magazine

This year’s EWTS featured thought-provoking conversations relating to water conservation, quality and scarcity, and what action plans could be implemented to ensure safe and sufficient drinking water for generations to come.

Plans 60
article thumbnail

Ironworker’s family sues Oregon firm after jobsite death

Construction Dive

The estate of deceased ironworker Samantha Deschenes claimed that Portland, Oregon-based Andersen Construction violated the Oregon Safe Employment Act in a lawsuit filed June 10.

Oregon 107
article thumbnail

Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business

Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

article thumbnail

Chicago Ex-Alderman Sentenced to Prison, $2M Fine for Racketeering, Extortion

ENR Construction

Former Chicago politician Ed Burke's crimes included extorting developers of construction projects, prosecutors said, but sentence was less than guidelines recommended

Chicago 75
article thumbnail

Project Update: Agency of Transportation District 8 Garage

PC Construction

Construction is well underway on the State of Vermont Agency of Transportation’s new garage and salt shed in Swanton. PC Construction’s Special Projects team recently finished structural steel erection and detailing for the 15,000-square-foot, 11-bay maintenance garage. Nearly a dozen additional scopes will be self-performed throughout construction, with an associated value of $1.3 million of the overall $9.4 million project.

article thumbnail

Is Your CPA Holding Back Business Growth?

Construction Business Owner

Is Your CPA Holding Back Business Growth? ccapoccia Thu, 06/27/2024 - 10:03 Consider when it's time to find a new certified public accountant for your construction business.

article thumbnail

Exterior cavity fireblocking: Exceeding fire performance

Construction Specifier

By Antonie Habellion, P.Eng., M.Eng., M.S., and Steven Gaynor, MBA Photo courtesy Tenmat New York City recently became the first jurisdiction in the country to reject and rewrite major sections of the International Building Code’s ( IBC ’s) language around fire protection in exterior facades. Aiming to enhance the fire safety standards in exterior walls, fireblocking is now mandatory behind ventilated cladding , with few exceptions.

article thumbnail

The Specialty Contractor's Guide to Job Cost Accounting

Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

article thumbnail

MTA halts 2 more NYC projects in funding fight over congestion pricing

Construction Dive

The pause in infrastructure construction is a major setback for the city’s development, said Carlo Scissura, president and CEO of the New York Building Congress.

New York 101
article thumbnail

Minnesota Dam, Iowa-South Dakota Railroad Bridge Damaged in Midwest Flooding

ENR Construction

The west abutment of a dam near Mankato, Minn., was washed away, as was a portion of a railroad bridge between Sioux City, Iowa, and North Sioux City, S.D.

article thumbnail

Scottish Procurement Reform Act scrutinised

Construction Law

The Scottish Parliament Economy and Fair Work Committee has called for the government to pursue opportunities for greater consistency and standardisation in the information demanded from suppliers. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.

article thumbnail

Quantum Physics & Other Light Construction Thinking

Construction Business Owner

Quantum Physics & Other Light Construction Thinking ccapoccia Mon, 06/24/2024 - 17:44 Gregg M. Schoppman relays how quantum theories are similar to common construction issues.

article thumbnail

Boost Profitability: Invest in a Construction Software Platform Today

To maximize your construction firm's profitability with a construction-specific software platform, your firm will be able to streamline every aspect of your operations. By design, this next-generation solution should offer unified functionality, replacing outdated systems and providing key capabilities including job costing, contract development, resource planning, and more.

article thumbnail

Saving Homes and Businesses After Water Damage

Contractor Magazine

Matt Black and John Rossi add the DRYmedic Restoration Services franchise to their Benjamin Franklin Plumbing franchises.

article thumbnail

Los Angeles approves $200M for people mover dispute

Construction Dive

Construction on the LAX train project is nearly complete, but there are several issues that need to be resolved between the owner and contractors.

article thumbnail

Federal Judge Blocks Part of Davis-Bacon Update Rule Pending AGC Lawsuit

ENR Construction

Provisions of the rule finalized last year can extend prevailing wage requirements to truck drivers and material supplier employees in some cases.

AGC 76