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Aging Infrastructure of US Transportation Systems Could Cause a Construction Boom ccapoccia Wed, 06/19/2024 - 14:25 The construction industry has faced many hurdles, including an ongoing labor shortage, rising cost of materials, supply chain disruptions and evolving technology that has made it difficult for contractors to keep up.
Why Contractors Need to Automate Logistics Processes ccapoccia Thu, 02/16/2023 - 15:08 The construction industry faces many challenges that other industries will face in 2023 — labor shortages, cost overruns, project delays and inadequate communication. trillion infrastructure investment. trillion infrastructure investment.
Industry Insiders’ Concerns for Contractors in Late 2023 ccapoccia Thu, 07/27/2023 - 16:28 The second quarter of 2023 saw a construction industry continuing to thrive. As we enter the heart of the summer and the third quarter, the trend doesn’t seem to be slowing.
CDT A growing consensus of contractors believes labor utilization can be greatly improved with the right software. The company is more than 100 years old, with roots in Omaha where it has helped design and build the electrical backbone that powers much of the city’s economic engine and cultural infrastructure.
But those funds do not come without strings attached; there are requirements for firms looking to secure construction projects funded by the Infrastructure Act or the IRA.
Here are three examples of when you should reach out to your commercial construction general contractor. Often a commercial general contractor isn’t tapped for a project until the specific site is already locked in. Before You Select A Site. If You Need Rough Budgeting Across Multiple Cities.
Embracing green infrastructure as an approach and installing specific interventions comes with many challenges. It demands educating clients, communities, contractors, and designers; experimenting with new techniques and learning from failures; and making changes to policy and regulations. What is Green Infrastructure?
Almost all large infrastructure projects have something in common: They frequently suffer from cost overruns and significant delays. As the size and challenges of these projects continue to grow, so do the problems they bring for general contractors and construction companies. Focus on value creation. Synchronize your scheduling.
By the end of 2025, the Infrastructure Investment and Jobs Act will have created 461,000 new construction jobs. Construction firms, general contractors and subcontractors are already grappling with labor shortages across the trades, material shortages and supply chain delays. How to Offset Construction Staffing Challenges.
However, the public funding on which infrastructure projects rely and the general economic health of the nation both threaten to significantly slow down the market. This is why getting the perspective of contractors on their business expectations and on how they are responding to the new requirements and conditions is so essential.
Top 3 Contractor Risks & How to Reduce Your Exposure. The public and federal construction market is also picking up steam, with the federal government making a multi-year $550 billion infrastructure investment through the Infrastructure Investment and Jobs Act. Tue, 12/20/2022 - 10:14.
CDT A growing consensus of contractors believes labor utilization can be greatly improved with the right software. The company is more than 100 years old, with roots in Omaha where it has helped design and build the electrical backbone that powers much of the city’s economic engine and cultural infrastructure.
How Push-to-Talk over Cellular (PoC) Saves Contractors Time & Money. Push-to-Talk over Cellular (PoC) is today’s Nextel radio network with nationwide voice, text, and video calling that can be quickly deployed with no infrastructure costs. What are the key benefits of PoC to contractors? Greg Ragsdale. Tue, 07/21/2020 - 07:14.
Major transportation projects are testing how firms manage construction in high-stakes environments, according to industry experts at the New York Build Conference.
Qualifying nominees for Sustainability VIP 2024 include all construction industry professionals — general contractors, subcontractors, manufacturers, suppliers, etc. —
Associated Builders and Contractors reported its Construction Backlog Indicator remained unchanged at 8.4 Backlog in the infrastructure category contracted in November, though it is still the only category with higher backlog on a year-over-year basis. Contractor confidence surged in November even though. The reading is down.1
With summer, a slew of new projects and the promise of an infrastructure plan right around the corner, recruiting new talent is top of mind for many contractors. However, the busy season can cause some business owners to hire without considering all of the potential risk that comes with onboarding new employees.
5 Ways of Addressing the Labor Shortage to Recruit & Retain Staff ccapoccia Fri, 04/14/2023 - 10:51 The Bipartisan Infrastructure Law provides an opportunity to change the landscape of America. infrastructure is expected to increase by over $550 billion. Federal spending to build and repair U.S.
As the end of the summer approaches, many contractors still find themselves busy with seasonal jobs and many face a backlog of work. According to the Associated Builders and Contractors’ chief economist, this means contractors will continue to struggle to find workers. We know it’s a hectic time for many of our customers.
CBO’s Sustainability VIPs are general contractors and subcontractors who have developed programs or launched initiatives within their companies to support any of the following areas of sustainability: Industry and infrastructure. Clean energy, water and sanitation. Recycling and responsible consumption and production.
Platinum Contracting , a Las Vegas-based heavy civil and underground utilities contractor, recently completed a large-scale underground infrastructure project in Summerlin West, the next phase of the existing Summerlin residential community in the Las Vegas area.
Despite tightening credit, high project financing costs and lingering recession fears, the country’s biggest contractors continue to book more new business, said Anirban Basu, ABC chief economist.
As a pivotal player in global defense, aerospace, and security, BAE Systems’ integration into ISNetworld’s contractor management platform marks a significant step in enhancing operational excellence and safety standards across their extensive array of projects. The answer lies in the opportunities for growth and success.
Qualifying nominees for Sustainability VIP 2022 include all construction industry professionals — general contractors, subcontractors, manufacturers, suppliers, etc. — who have developed programs or launched initiatives within their companies to support any of the following areas of sustainability: Industry and infrastructure.
Qualifying nominees for Sustainability VIP 2021 include all construction industry professionals — general contractors, subcontractors, manufacturers, suppliers, etc. — who have developed programs or launched initiatives within their companies to support any of the following areas of sustainability: Industry and infrastructure.
And for business owners and developers looking for guidance as they vet different options, there’s no better “matchmaker” to consult than an experienced commercial contractor who can point out the pros and cons of a location and the construction considerations that can make or break a project. Does the site match up with infrastructure needs?
In construction, however, signs point to at least one more big year, with a rush of infrastructure projects getting rolled out, new technologies showing positive impacts and new ideas to overcome labor shortages. A number of high-profile infrastructure projects could give the construction industry a boost in 2019. In New York, Gov.
Additionally, the news suggests technology will play some other key roles for contractors, both now and in the future, if they get on board with it. The takeaway: Many contractors say they’re unclear about what could lead to a citation under OSHA’s silica standard. Infrastructure. One of their top concerns?
While manufacturing and infrastructure spending keeps contractors busy, material price escalation has reemerged in recent months, said ABC’s chief economist.
The recently published survey of 243 owners (122 public, 121 private), 240 general contractors and 241 specialty trade. contractors, noted the following… Less than 24% of respondents said that their organization was capable of the following. I can accurately assess risk related to any changes, billing, or performance issues.
More than half of the respondents were involved in building construction, 25% in highway and transportation, and 23% in both federal construction projects and utility infrastructure. According to the survey, the contractors who perform $50 million of work or less annually have experienced less delays and cancellations.
The Internal Audit Department released its Purchasing Department – Job Order Contracting, Audit 24-12 The City of Tampa (City) established a Job Order Contracting program to facilitate the repair and rehabilitation of City facilities and infrastructure. The report in its entirety can viewed on TampaGov.net .
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