Tue.May 30, 2023

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3 Steps to Better Cost Control in Construction Projects

Autodesk Construction Cloud

The latest research from Deloitte and Autodesk found that economic uncertainty was cited as the top challenge for Australian construction businesses. 61% of construction businesses reported that rising material and labour costs significantly impacted their financial viability. KPMG research also shows just 31% of projects come within 10% of the original budget, indicating that budget control is more crucial than ever in this uncertain economic climate.

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How Labor Shortages & Virtual Work Are Changing Purchase-to-Pay Processes

Construction Business Owner

Promote to rotator No Rotator Image Status of webinar Featured Thu, 06/22/2023 - 12:00 1 p.m. CDT As a result of economic and cultural trends, construction organizations today are increasingly relying on technologies that increase efficiency — especially in accounting departments. While the COVID-19 pandemic is largely behind us, construction companies are still dealing with the repercussions, including a backlog resulting from material and skilled labor shortages.

Lien 290
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The Dotted Line: Why ChatGPT needs a (construction) lawyer

Construction Dive

The suddenly-everywhere tech can spit out a contract lickety-split. But would you trust your $100 million project to it?

DOT 156
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Luton Town FC to start new stadium before end of 2023

Construction Enquirer

Luton Town FC is aiming to start groundworks for its planned new 23,500-capacity stadium before the end of the year. The club is pressing ahead with its Power Court stadium plan with the aim of submitting detailed plans before for its first match in the Premier League. The club’s development arm, 2020 Developments, has just released new images as it gears up to fast-track the planned new stadium in the heart of Luton’s town centre.

Plans 123
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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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Majority of highway contractors report work zone crashes in last year

Construction Dive

AGC called upon legislators and motorists alike to improve roadwork safety as part of its highway contractor survey.

Zoning 143

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Top 10 commercial contractors of 2023

Construction Dive

Turner maintained its No. 1 ranking while first-timer MasTec claimed the third spot in this year’s list of construction industry giants.

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Glencar lands £28m Peel Ports Liverpool shed job

Construction Enquirer

Glencar has confirmed securing the job to build a 240,000 sq ft warehouse facility at Alexandra Docks within Peel Ports Port of Liverpool development. The £28m facility at the Alexandra Dock site is the biggest single warehousing investment at the Port of Liverpool over the last six years. Equivalent to five football pitches in length the Alexandra Dock multi-user warehouse will also have a dedicated quay and cranes to optimise vessel discharge as part of the new development.

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Debt ceiling deal would speed environmental permitting

Construction Dive

The proposed legislation could also advance the Mountain Valley Pipeline and help boost the construction workforce, according to one trade group.

Debt 139
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Plan approved to redevelop major Glasgow shopping mall

Construction Enquirer

Development manager Sovereign Centros has got the thumbs up for outline plans to transform the St Enoch shopping centre in Glasgow into a landmark mixed-use scheme. Proposals focus on the creation of a transformative city centre living scheme with over 900 homes, shops, leisure facilities, hotel and offices. The masterplan, drawn up by Leslie Jones Architecture, proposes an urban network of streets, based on historic street layouts.

Plans 97
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Hensel Phelps starts $630M NIH project in Maryland

Construction Dive

The Colorado-based general contractor expects to complete construction by 2029.

Maryland 125
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Banned demolition boss wins appeal to remain a director

Construction Enquirer

Former managing director of Cantillon Paul Cluskey has won his appeal to continue as a director of the demolition contractor after being handed a four-and-a-half-year ban by the Competition and Markets Authority for involvement in cover pricing agreements. Cluskey, 49, signed a ‘company disqualification undertaking’ with the CMA last February, admitting involvement in three cover-bidding incidents.

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Crews Cut and Roughen Colorado Dam for $531M Raise Project

ENR Construction

Denver Water is raising its dam outside Boulder, Colo., by 131 ft to nearly triple the Gross Reservoir's capacity.

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McLaren Property to revamp Liverpool roller skating site

Construction Enquirer

McLaren Property has submitted a planning application to Liverpool City Council for a 242-bed student accommodation scheme on a site formerly occupied by the Ritz Roller Rink. The site on Myrtle Street neighbouring the University of Liverpool campus has seen two previous unsuccessful attempts at redevelopment. The McLaren scheme has been designed by Cartwright Pickard Architects and has been refined through lengthy discussions with the city council’s planning, urban design and conservation offic

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Simplify Complex Financial Workflows with CMiC’s Powerful Tools

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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LG Energy Solution, Hyundai to build $4.3B joint battery cell plant in Georgia

Construction Dive

The two South Korea-based companies will locate the facility near Hyundai’s upcoming EV campus.

Georgia 71
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B&K confirms £140m Leeds build to rent project

Construction Enquirer

Bowmer + Kirkland has been appointed to construct a 500-flat build to rent scheme at Whitehall Riverside in Leeds city centre. The £140m project is being delivered by Glenbrook and backed by Legal & General following last month’s announcement of what is Leeds’ largest build-to-rent funding deal and the pair’s first venture together. Whitehall Riverside represents Glenbrook’s first residential scheme in Leeds with a further 618-home development to come forward at Kirkstall Road later this yea

Legal 69
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ENR Southeast's Top Contractors Ranking Measures Market Momentum in 2022

ENR Construction

ENR Southeast will unveil its Top Contractors ranking in its July 3 issue, along with its Contractor of the Year.

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Wates names Midlands construction chief

Construction Enquirer

Wates has appointed Matt Johnson as regional director for its construction business in the Midlands. Johnson has achieved rapid promotion since joining Wates’s Midlands’ division last summer as operations director. He brings more than 20 years’ experience within the construction, having worked as project director for Balfour Beatty and Lendlease as well as more recently director at leisure contractor Pulse Design & Build.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Safety Firm Sold Fake Construction Training Cards, NYC DA Charges

ENR Construction

Undercover agents exchanged cash for Brooklyn firm's falsely certified documents, Manhattan prosecutor Alvin Bragg charges.

Safety 69
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LRK opens office in Orlando to grow its presence in Florida

BD+C

LRK opens office in Orlando to grow its presence in Florida LRK, a nationally recognized architectural, planning, and interior design firm, has opened its new office in downtown Orlando, Fla. rcassidy Tue, 05/30/2023 - 12:30 LRK New office, near two transit links, is planned to be WELL-certified. Architects LRK , a nationally recognized architectural, planning, and interior design firm, has opened its new state-of-the-art office in downtown Orlando, Fla.

Florida 52
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Brooklyn Safety Firm Sold Fake Construction Training Cards, DA Charges

ENR Construction

Undercover agents exchanged cash for falsely certified documents, prosecutor charges.

Safety 69
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Industrialized Construction Bridges the Gap Between Traditional and Future Building – Q&A with Salla Eckhardt

Autodesk Construction Cloud

Salla Eckardt has built a career by challenging the status quo to forge a path of growth and innovation. With over 20 years of experience–most recently working for Microsoft as its Director of Digital Building Lifecycle and Innovation–Salla has built a reputation in the construction industry for fostering programs that utilize emerging technology and innovative applications to inform digital strategy.

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Boost Growth & Efficiency with a Unified Construction Software Platform

Silos of data and outdated systems can hold your business back. It is time to switch to a modern construction software solution designed for specialty contractors. CMiC provides a platform that simplifies operations, improves visibility, and boosts efficiency. It integrates workflows like job costing, resource planning, forecasting, and compliance control into one system.

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Feds Advance Approvals for $2.5B Nevada Transmission Projects

ENR Construction

But White House and legislators punt on more sweeping US transmission upgrade measures as they OK all permits for controversial gas pipeline in deadline-pushed debt ceiling compromise bill now set for House and Senate votes.

Nevada 69
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Milhaus, Gershman Partners, and Citimark close on $70 million multifamily development in Indy

BD+C

Milhaus, Gershman Partners, and Citimark close on $70 million multifamily development in Indy Versa will bring 233 studio and one- and two-bedroom apartments to Indianapolis's $271 million, Class-A Broad Ripple Village development enterprise. rcassidy Tue, 05/30/2023 - 11:06 MILHAUS Versa will bring 233 studio and one- and two-bedroom apartments to the city's $271 million, Class-A Broad Ripple Village development enterprise.

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Italy's Enel Announces Oklahoma Site for $1B Solar Panel Plant

ENR Construction

Construction is expected to begin this fall but to date no designer or contractor has been named.

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Industrialized Construction Bridges the Gap Between Traditional and Future Building – Q&A with Salla Eckardt

Autodesk Construction Cloud

Industrialized Construction Bridges the Gap Between Traditional and Future Building – Q&A with Salla Eckardt Salla Eckardt has built a career by challenging the status quo to forge a path of growth and innovation. With over 20 years of experience–most recently working for Microsoft as its Director of Digital Building Lifecycle and Innovation–Salla has built a reputation in the construction industry for fostering programs that utilize emerging technology and innovative applications to

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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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How Will Climate Emergencies Affect Home Prices?

Pro Builder

How Will Climate Emergencies Affect Home Prices? ldeakins Tue, 05/30/2023 - 11:17 The climate crisis could have serious implications for the U.S. housing market, says 'Big Short' real estate investor Dave Burt Dave Burt, CEO of investment research firm DeltaTerra Capital, and one of the few who warned of the subprime mortgage crisis ahead of the 2008 housing market collapse, is now sounding the alarm about climate-related costs in today’s market.

Florida 52
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The Infrastructure Investment and Jobs Act: A Pivotal Moment for Water Public-Private Partnerships in the United States

Constructlaw

Introduction America’s water infrastructure has long faced a critical need for funding and modernization. According to the American Society of Civil Engineers, there is a $105 billion funding gap for drinking water and wastewater infrastructure projected over the next two decades. [1] The Infrastructure Investment and Jobs Act (IIJA) addresses this issue head-on, allocating $55 billion to water infrastructure — the largest federal investment of its kind in the nation’s history. [2] However, the

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A Quarter of American Homeowners Are Considered ‘House Poor'

Pro Builder

A Quarter of American Homeowners Are Considered ‘House Poor' ldeakins Tue, 05/30/2023 - 11:31 A growing number of homeowners are spending more than 30% of their income on housing costs, leaving more than 1 in 4 Americans financially burdened A recent analysis of monthly housing costs and median income data by the Chamber of Commerce found that more than one-quarter of all homeowners in the U.S. are considered “house poor,” meaning they spend more than 30% of their income on housing costs.

Housing 52