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Boost Construction Performance with Technology

Construction Business Owner

Identify major contributors to technical debt. Moving Forward Construction companies must create a solid digital strategy to achieve long-term success rather than relying on quick fixes or copying competitors, which can lead to technical debt and complicated data. Prioritize tools that support long-term goals and scalability.

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Metnor supply chain debts hit £10m

Construction Enquirer

Metnor worked across the UK as a main contractor in sectors including residential, healthcare, student accommodation, hotel, leisure and commercial. Latest results for the company show it made a profit of £1.3m during the year to December 31 2021 from a turnover of £62.6m while shareholder funds stood at £4.6m.

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Renters Cite Affordability as the Main Obstacle to Homeownership

Pro Builder

Renters Cite Affordability as the Main Obstacle to Homeownership. renters cited a lack of local housing affordability as their main reason for renting instead of becoming homeowners, and 30% were also unable to save for a down payment, according to a recent Redfin survey. Thu, 04/07/2022 - 09:54. Nearly one third of all U.S.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Main Image. Consider the benefits of practical expedients. The next steps will involve discussing the impact to your company’s financial statement with your bankers, sureties, and other lenders. Accounting & Finance.

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Tiny Home Living is Thriving, But With Drawbacks

Pro Builder

No debt or financial burdens, endless travel, and little limitations are the big reasons why many turn toward tiny home living, but the pandemic has put a pause on many of those benefits. Fifty six percent of Americans said they would live in a tiny home, according to a survey conducted in late 2020 by the Tiny Home Industry Association.

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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April. Empire Property Concepts Ltd changed its name to MCIOD Limited days before Metro Bank called in the administrators.

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Volvo CE to Acquire Terex Hauler Business

Construction Equipment

for a purchase consideration of approximately $160 million (SEK 1 billion) on a cash and debt-free basis. The deal, which is subject to regulatory approval, includes Terex’s main production facility in Motherwell, Scotland and two product ranges that include rigid and articulated haulers. '

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