Fri.May 31, 2024

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Utilizing The Power Of Financial Modeling In The Construction Industry

Contractor Bookkeeping

In the ever-evolving world of construction, financial modeling is a game-changer. It drives intelligent decision-making, minimizes risks, and ensures the revenue health of projects. Crafting precise and insightful financial models is a valuable tool for construction companies. It offers a panoramic view of the asset landscape and enables proactive planning and strategic management.

Modeling 117
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Goverment Agency FM Strategy

Job Order Contracting

United States Government agency FM strategy and management has remained inefficient and without proper oversight for decades. Lacking leadership, capacity, and accountability, they are still remain unable or unwilling to quantify and manage the returns on FM investment. Other countries, such as the UK for example, are realizing that early engagement of the real property owner, the end user, and the planning, procurement, and project delivery teams are critical to improving overall repair, renov

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CBNA, Halmar break ground on $819M stormwater tunnel in Washington

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Oil and Gas Digital Twin Technology and Generative AI

Safety Services Company

The world’s energy demands continue to rise, particularly in the Oil and Gas industry. This creates a growing need to embrace sustainability and optimize operations with innovative technlogies. Exploring the integration of Oil and Gas Digital Twin technology in this sector not only highlights advancements but also sets the stage for significant operational transformations.

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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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Consigli acquires Lendlease’s New York, New Jersey construction operations

Construction Dive

The sale includes about 45 current, under contract and pre-construction projects, along with the majority of the Australian-based contractor’s U.S. workforce.

More Trending

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New York City Hires Thornton Tomasetti to Review Facade Inspection Program

ENR Construction

City officials are considering changes to its program, known as Local Law 11, as part of an effort to remove sidewalk sheds.

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New York leads top 50 US markets for most hotels under construction

Construction Dive

The market’s pipeline includes a “noteworthy amount” of conversions, tracking with other cities across the country, according to Lodging Econometrics.

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Norway to Seek Bids for World's First Large Ship Tunnel

ENR Construction

The mile-long tunnel could provide cruise ships with a safe route through a peninsula to avoid rough waters.

Bidding 73
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May 2024 wins: Contractors report their latest awards

Construction Dive

Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Granite, Flatiron and Tutor Perini.

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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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Construction Economics for June 3, 2024

ENR Construction

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.

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Skanska tops out NC State STEM building

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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FAA Awards $187M in Grants for Infrastructure, Other Improvements

ENR Construction

The largest grant, $61.8 million, will go to Detroit Metropolitan Wayne County Airport in Michigan.

Detroit 72
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From mass masonry to veneer: The evolution of cavity wall design

Construction Specifier

By Danielle DiDomizio, P.E., Amarantha Quintana-Morales, AIA, and Matthew Normandeau, P.E. The design of contemporary cavity wall assemblies is the result of a century of trial and error. During the transition from mass masonry walls to the “four barrier” (i.e. water, air, vapor, and thermal barrier) assemblies of today’s construction, the “early veneer walls” constructed between the mid- to late-20 th century emerged.

Design 64
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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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AECOM Exits Water Use Consultant Role as California Agencies Clash

ENR Construction

In explaining its departure from a Tehachapi-Cummings County Water District contract, the company cites a potential conflict of interest.

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US High Court to Weigh San Francisco Water Pollutant Limits Challenge

ENR Construction

Justices will rule on arguments against EPA "generic" effluent discharge permitting, but declined to consider landowners' eminent domain challenge on the Mountain Valley gas pipeline.