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Keeping Up with the Evolving Construction Industry By Matt Klemmensen, Casualty Loss Control Expert, Munich Re Specialty – North America mhodges Wed, 10/30/2024 - 08:47 The construction industry is a dynamic segment of the economy. Contracting firms must constantly adapt to changing market conditions. Shocks like the “remote work revolution” brought on by the pandemic have caused cancellations and delays to commercial office projects.
If your projects are overbudget, late, and continue to go “off the rails”, it may be time to transform construction cost estimating practices. Transform Construction Cost Estimating Traditionally cost estimates are created by either contacting local constractors or subconstractors, or by using a national average construction cost database and applying a cost factor.
Last week, PC joined PurposeEnergy for a ribbon cutting ceremony to mark the completion of construction for the new Middlebury Resource Recovery Center (MRRC) in Vermont. The MRRC is an industrial organic waste treatment center for converting food and beverage residuals and wastewater into renewable energy and treated water. The 2,600-square-foot, two-story facility, situated on a half-acre site in Middlebury, consists of an anaerobic digester, a generator to produce renewable electricity from d
From a chatbot that speaks builders’ language to tech that corrals massive amounts of data captured from scans, this month’s offerings are aimed at simplifying complex tasks.
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.
The Kali, part of Marriott Bonvoy’s Autograph Collection, will be located in L.A. Rams owner Stan Kroenke’s 300-acre Hollywood Park mixed-use development.
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The Kali, part of Marriott Bonvoy’s Autograph Collection, will be located in L.A. Rams owner Stan Kroenke’s 300-acre Hollywood Park mixed-use development.
Oracle is suing Procore over what it says is theft of intellection property, taken from Textura Payment Management by a former employee that moved to Procore in 2021.
Fervo Energy has construction underway on 631-acre project, including on 148 acres of public land, and announced two purchase agreements with Southern California Edison for 320 MW of eventual output.
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.
Tech giant's CEO directs effort to identify sites east of Columbus for projects, as Virginia developer pushes plans for gas-fired power plant to support planned 85-unit data center complex.
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.
Reasons to reinvent the Midcentury academic library 0 qpurcell Wed, 10/30/2024 - 10:00 Libraries DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years. Gretchen Holy, Assoc.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Fervo Energy has construction underway on 631-acre project, including on 148 acres of public land, and announced two purchase agreements with Southern California Edison for 320 MW of eventual output
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