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2024 Commercial Construction Cost Trends continue downward. Non-residential construction costs declined again for the third month in a row. Although costs remain 1.6% higher than one year ago, the downward trend is expected to continue. via Four BT, LLC – Objective, local market granular cost data to enable cost visibility and cost managment for repair, renovation, maintenance, and new construction.
Infrastructure investment has become a cornerstone for economic growth and development in the Asia Pacific (APAC) region. However, as the construction sector continues to expand in many countries, there is a growing awareness of its environmental consequences. There is a significant need for change. Our latest white paper, ‘Building Net Zero and The Role of Data in Green Construction’ , investigates the current landscape for sustainability in construction across APAC – as well as potential solut
Though the physical nature of construction work hasn’t changed, the industry’s office employees increasingly have stayed home since the COVID-19 pandemic.
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.
While no one can predict the future with 100% accuracy, we can make an educated guess on what will happen in 2024 in the construction industry. For the next year and beyond, we anticipate that construction project complexity will continue to increase, especially with the on-going labor crunch and supply chain uncertainty. And thanks to a recent KPMG survey , we also know that the large majority of owners (87%) report that their projects are coming under greater scrutiny.
Whether justices will curtail or completely overturn court deference to federal agencies to interpret ambiguous U.S. laws remains the looming question after Jan. 17 oral arguments in two challenges to the nearly 40-year old precedent.
The San Francisco builder’s penalties stemmed from allegedly failing to use proper stormwater controls and conduct regular inspections across four solar farm sites in three states.
By Paul Johannesson As climate change is anticipated, bringing with it an uncertain future, the construction industry needs to seriously consider the preparedness and the proven performance levels of buildings. It also needs to ensure the “large membrane” that separates the exterior environment from the interior environment, also known as the building envelope, is up to the task.
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.
Whether justices will curtail or completely overturn court deference to federal agencies to interpret ambiguous U.S. laws remains the looming question after Jan. 17 oral arguments in two challenges to the nearly 40-year old precedent.
The construction industry added 17,000 jobs on net in December, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 197,000 jobs, an increase of 2.5%. Last month, nonresidential construction employment increased by 11,900 positions on net, with growth in two of the three subcategories.
Walter P Moore promotes former 40 Under 40 winner Kelly Roberts 0 qpurcell Thu, 01/18/2024 - 09:30 Engineers In addition to her role as a Principal, Roberts is a distinguished leader in structural design with an extensive portfolio encompassing diverse projects such as educational and healthcare facilities to commercial and healthcare structures. Engineers Sustainable Design and Construction Women in Design+Construction Walter P Moore, a global engineering firm renowned for its commitment to inn
Navigating the complexities of civil engineering projects is no small feat, and coordinating a team to move in unison can be equally challenging. Smoothly run team meetings act as the … Running a Civil Engineering Team?
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.
Modular fixtures and innovations have become very popular in modern kitchen design. This innovative space concept is characterised by its latest kitchen organising approaches.
Construction across DACH and the Netherlands has reached an inflection point in 2024. There’s greater focus than ever before on how we shape a built environment that will meet our future needs, with flagship projects like Roche Tower in Switzerland and the Hameln net zero retrofitting project pushing the boundaries of design. But construction companies are facing clear challenges – from the pressures of inflation and new regulation, like the Wkb and the Environment and Planning Act (Omgevingswet
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.
The Department of Labor will revert to a pre-Trump era rule for determining a workers’ employment status in March, to the chagrin of some contractor groups.
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