Mon.Nov 18, 2024

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Understanding Burden Rate in Construction

Building Radar

The construction industry is complex, with various costs that influence project profitability. One of the critical factors in determining project expenses is the burden rate. Understanding burden rates is essential for construction companies to accurately estimate costs and ensure projects remain profitable what is burden rate. By accurately calculating labor burden, contractors can prevent cost overruns and improve financial management importance of labor burden.

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Turner targets advanced tech builds in leadership revamp

Construction Dive

With 40% of its revenues set to come from data centers, chip fabs and similar projects, the industry’s biggest contractor is making moves to stay ahead of its growth.

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Start-up Incubator Targets Water Sector Innovations

ENR Construction

As demands for new solutions to age-old problems in the water sector continue to grow, one start-up incubator has been steadily helping new water tech companies gain traction in the marketplace.

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McCarthy breaks ground on $150M laser research facility

Construction Dive

The Fort Collins, Colorado, building will focus on creating fusion energy as a viable clean energy source and include 5-foot-thick shielding walls.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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Tutor Perini/O&G Selected to Replace Newark Airport AirTrain

ENR Construction

A $1.184-billion design-build contract was awarded to Tutor Perini/O&G to design and build the AirTrain at Newark Liberty International Airport in New Jersey.

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Turner Restructures Services Into Two Main Business Lines

ENR Construction

The restructuring aims to boost the firm's growth in biopharma, energy transition, data center and semiconductor markets.

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Colorado highway work zone deaths reportedly up 75%

Construction Dive

State officials have looked to the DOT for answers after the death toll on roadway construction sites skyrocketed this year.

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Where is Most Construction Happening in the China: 2024 Overview

Building Radar

China’s construction industry is poised for significant growth in 2024, driven by major infrastructure projects across the country. As one of the fastest-growing markets globally, China’s focus on urban development, transportation, and sustainable energy projects is attracting substantial investments construction market growth. Understanding where the construction boom is happening in China is crucial for companies looking to capitalize on these opportunities.

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Hiring Smart: How Elizabeth Vatole embodies our people-first philosophy

The Korte Company

At The Korte Company, hiring is about more than just filling a position. It’s finding the best people for the job and the team. They need more than the right skills. They should align with our values, culture and commitment to excellence. When we Hire Smart, we find the people who naturally excel at their roles, because it fits their capabilities, passions and personalities.

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Stay Ahead in 2024 with Proven Strategies for Success

The specialty contractor space is facing a transformative period, driven by labor shortages, rapid technological advancements, and increasing regulatory requirements. In 2024, contractors must navigate complex challenges like fragmented management systems and delays in payment. This guide offers a deep dive into the key disruptions reshaping the industry over the next 24 months, including digitization, sustainable practices, and modular construction.

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Where is Most Construction Happening in the California: 2024 Overview

Building Radar

California is experiencing a construction boom in 2024, driven by substantial investments in infrastructure, renewable energy, and urban development. As the largest state economy in the United States, California is focusing on enhancing its infrastructure to meet the growing demands of its population. The construction surge includes projects related to transportation, sustainable housing, and clean energy initiatives infrastructure developments.

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Eight-Hour Rescue Effort Saves Worker in Kentucky Demolition Accident

ENR Construction

Crews raced to reach the entrapped worker, who had fallen into a void beneath a grade-level area of demolition debris.

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Where is Most Construction Happening in the New York: 2024 Overview

Building Radar

The construction landscape in New York is set to experience a transformative year in 2024, driven by substantial investments in infrastructure, transportation, and sustainable urban development. As one of the most dynamic construction markets in the United States, New York continues to be a hub for large-scale projects aimed at improving city infrastructure, boosting economic growth, and supporting sustainable practices construction growth in New York.

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Turner Restructures Services Into Two Main Business Lines

ENR Construction

The restructuring aims to boost the firm's growth in biopharma, energy transition, data center and semiconductor markets.

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

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.

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Where is Most Construction Happening in the Texas: 2024 Overview

Building Radar

In 2024, Texas is poised to become one of the hottest construction markets in the United States, driven by a combination of robust economic growth, population influx, and government-backed infrastructure projects. The Lone Star State continues to attract significant investments in sectors like housing, transportation, and renewable energy. Understanding where construction is booming in Texas is crucial for contractors, developers, and investors who want to capitalize on these opportunities key

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Amtrak's $1.6B East River Tunnel Rehab Work Contractors Get Notice to Proceed

ENR Construction

The project is restoring and modernizing two tunnel tubes between Manhattan and Queens that were damaged by Hurricane Sandy in 2012.

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Where is Most Construction Happening in the Brazil: 2024 Overview

Building Radar

Brazil is entering a dynamic phase in 2024, with significant construction projects aimed at boosting economic growth, enhancing infrastructure, and promoting sustainable development. As one of the largest construction markets in Latin America, Brazil is focused on modernizing its urban areas, expanding transportation networks, and investing in energy-efficient solutions Brazil’s construction market growth.

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I’m a construction exec who voted for Harris. But I see silver linings for our industry under Trump.

Construction Dive

Former Congressman Patrick E. Murphy sees less red tape, incentives for permit approvals and a push for innovation as positives for builders.

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Outdated ERP? Spot the Signs Before It Stalls Your Progress

Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.

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Biggest Infrastructure Project in Australia for 2024

Building Radar

Australia is set to embark on a transformative journey in 2024, with a range of mega-infrastructure projects poised to reshape its urban and regional landscapes. These large-scale initiatives, funded by both government and private investments, are designed to boost the economy, improve public transportation, and promote sustainable development major infrastructure projects.

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What Is a Mass Wall in Construction?

Building Radar

When it comes to building design, the concept of mass walls plays a crucial role in providing structural integrity, energy efficiency, and moisture control. Mass walls, often constructed using materials like concrete, stone, or brick, are designed to manage heat flow, making them essential for both commercial and residential buildings importance of mass walls.

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What Does an Assistant Construction Manager Do?

Building Radar

The role of an Assistant Construction Manager is crucial in ensuring that projects are completed on time, within budget, and according to specifications. These professionals work closely with construction managers and project teams, coordinating various aspects of a construction project to enhance efficiency and productivity role of assistant construction managers.

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Biggest Infrastructure Project in Canada for 2024

Building Radar

Canada is gearing up for a transformative year in 2024, with several ambitious infrastructure projects set to break ground. These projects aim to enhance transportation networks, expand public utilities, and foster economic growth. As the country focuses on sustainable development, key initiatives are being launched to address growing urban needs and support long-term economic resilience top construction projects.

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How General Contractors Can Drive Growth Without Increasing Headcount

For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.