Wed.Sep 11, 2024

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5 contech firms pull $126M in funding

Construction Dive

Companies that announced successful raises amid a challenging financing environment included decarbonization and scheduling startups.

Finance 148
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A Place to Study Eternity: Building the Giant Magellan Telescope

ENR Construction

The Giant Magellan Telescope will be one of the world's most advanced ground-based telescopes once completed, but for now the challenge is to turn the finalized design for its rotating enclosure into a buildable reality.

Design 100
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Construction backlog slips as contractors lose confidence

Construction Dive

Projects in the pipeline now trail last year’s pace by one month as a slowing economy begins to weigh on builders’ books.

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2024 ENR Top 250 International Contractors: Contractors Balance Higher Risks

ENR Construction

Revenue for the Top 250 International Contractors is at its highest since 2015, rising to $499.7 billion last year.

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A Practical Guide to Profitable, Sustainable Construction Strategies

The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.

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Harnessing natural daylight: A breakthrough solution for ocean research

Construction Specifier

By Neall Digert Photos courtesy Solatube International The Scripps Ocean-Atmosphere Research Simulator (SOARS) Lab at the University of California San Diego has been at the forefront of climate change research, marking the beginning of the modern era in this field. By unraveling the mysteries of the oceans, earth, and atmosphere, Scripps focuses on tackling the most urgent environmental challenges.

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What is ‘Scope of Work’ in Construction: Defining Responsibilities and Deliverables

Building Radar

Clarity and precision are essential for successful outcomes in construction project. One crucial document that helps achieve this clarity is the ‘Scope of Work’ (SOW). Understanding what the Scope of Work entails is vital for defining responsibilities and deliverables, ensuring that all parties involved are on the same page. For a comprehensive overview of what constitutes a Scope of Work, visit GoBridgit’s blog.

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Committed to Ambitious Climate Goals, NY Unveils New Nuclear Push

ENR Construction

Gov. Kathy Hochul acknowledged likely state power shortfall with clean energy project delays and growing needs, but officials unveiled plan for smaller reactors at Sept. 5 energy summit—three years after close of controversial Indian Point facility.

Plans 45
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What is ‘Contingency’ in Construction Budgeting: Managing Uncertainty and Risk

Building Radar

Budgeting is a critical component that requires careful planning and foresight. One essential aspect of construction budgeting is the inclusion of a contingency. But what exactly does “”contingency”” mean in this context, and why is it so important? This article will delve into the concept of contingency in construction budgeting, exploring its purpose, how it is calculated, and how it can impact a project’s success.

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A Place to Study Eternity: Building For the Giant Magellan Telescope

ENR Construction

The Giant Magellan Telescope will be one of the world's most advance ground-based telescopes once it is completed, but for now the challenge is to turn the finalized design for it's rotating enclosure into a buildable reality.

Design 36
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The Funding Blueprint for Your Construction Business – Your Guide to Growth

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.

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White House calls for stronger labor standards

Construction Dive

The executive order directs federal agencies to prioritize project labor agreements, voluntary union recognition and high-wage standards for manufacturing grants.

Union 152
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ENR New York Announces 2024 Best Projects Overall Finalists

ENR Construction

Bringing you breaking news in real time from around the Tri-State construction industry.

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ENR New York Names 2024 Sustainability Award Winner

ENR Construction

The 345 Hudson Decarbonization – Phase 1 won ENR New York's Excellence in Sustainability award.

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ENR New England Names 2024 Sustainability Award Winners

ENR Construction

News and opinions about design and construction in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

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How Poor Planning and Budgeting Lead to Construction Cost Overruns

Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.

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Ontario Opens Record Power Bid, But Adding Gas Fuels Controversy

ENR Construction

Ontario's push for up to 5 GW of new power in the next decade includes controversial mix of natural gas, along with renewables and nuclear, in an “all-of-the above” approach to fill a projected 60% energy gap by 2050, said Energy Minister Stephen Lecce.

Bidding 36
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ENR New England Announces Excellence in Safety Award Winner for 2024

ENR Construction

News and opinions about design and construction in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

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Still Committed to Ambitious Climate Goals, NY Unveils Advanced Nuclear Push

ENR Construction

Gov. Kathy Hochul acknowledged likely state power shortfall with clean energy project delays and growing needs, but officials unveiled plan for smaller reactors at Sept. 5 energy summit—three years after close of controversial Indian Point facility.

Plans 36