Mon.Mar 11, 2024

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Profit Starts With Knowing Your Numbers

Construction Business Owner

Profit Starts With Knowing Your Numbers ccapoccia Mon, 03/11/2024 - 10:15 The key to building a successful construction business: knowing and managing your numbers. You can’t bid projects right unless you know your job costs, production rates, actual overhead and profit goal. You can’t stay on budget unless you know, update and track your job costs on a regular basis during the performance of building a project.

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Independent contractor rule takes effect

Construction Dive

In a statement, SHRM said the rule “fosters ambiguity” and deters businesses from extending essential training to independent workers.

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Saudi Arabia’s $800 Billion Line to Nowhere

Construction Today

Saudi Arabia is embarking on one of the most ambitious urban development projects the world has ever seen. “The Line,” a futuristic city within the larger NEOM megacity initiative, aims to redefine what it means to live and interact within urban spaces. This linear metropolis stretches across 170 kilometers of desert, promising a zero-carbon footprint and an unprecedented integration of technology… Source The post Saudi Arabia’s $800 Billion Line to Nowhere appeared

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Learn how to reduce costs, speed installation and increase sustainability with aluminum electrical conduit

Construction Dive

Aluminum EMT is one third the weight of steel, so it’s faster, safer and easier to install. Plus, it costs less and is 100% recyclable. Learn more.

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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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Hoses in Civil Engineering

Learn Civil Engineering

The selection of appropriate hoses in manufacturing processes within civil engineering projects is critical to ensuring operational efficiency, safety, and the longevity of infrastructure.

More Trending

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What’s Going On with Modular Construction?

Contractor Magazine

This building method based on prefabrication has its advocates and adversaries, but the next generations could boost its market share.

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Guarding your assets: The rising stakes of construction site security

Construction Dive

Discover the staggering impact of theft on the construction industry, with recent statistics revealing losses of over $1 billion annually. Learn how advanced security solutions can help protect your assets.

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Engineer Cites Benefits of $6B Texas Storm Surge Protection Proposal

ENR Construction

Walter P Moore and Associates expert says the project, which the firm and Rice University are designing, involves constructing an island chain to protect industry in the Houston Ship Channel from hurricane impact.

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The revolution of tension fabric buildings in facility design

Construction Specifier

Photos courtesy Legacy Building Solutions By Ben Fox and Ellie Fox The success of a building project is dependent on many factors. Communication may be the most important factor of all. In order for everything to come together as planned, everybody needs to be on the same page with regard to design, materials procurement, and construction timelines, among many other considerations.

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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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Rivian Pauses $5B Electric Vehicle Plant in Georgia

ENR Construction

Contractor Clayco says it and the electric vehicle maker "remain dedicated partners" for the project.

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BIM at LOD400: Why Level of Development 400 matters for design and virtual construction

BD+C

BIM at LOD400: Why Level of Development 400 matters for design and virtual construction 0 dbarista Mon, 03/11/2024 - 12:27 BIM and Information Technology As construction projects grow more complex, producing a building information model at Level of Development 400 (LOD400) can accelerate schedules, increase savings, and reduce risk, writes Walter P Moore's Director of Construction Engineering Stephen E.

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Rivian Pauses Construction of $5B Georgia Electric Vehicle Plant

ENR Construction

Contractor Clayco says it and the electric vehicle maker "remain dedicated partners" for the project.

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Texas judge vacates joint employer rule

Construction Dive

The rule, which would have gone into effect Monday, would have lowered the bar for joint employer status.

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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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Engineer Linked to $6B Surge Protection Proposal Touts Benefits

ENR Construction

Experts from Walter P Moore and Associates and Rice University say the project to construct an island chain would protect the major U.S. energy hub in the Houston Ship Channel.

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Discovery (Disclosure) in US Construction Arbitration

Constructlaw

Accreditation: An extract from Thomas Reuters Practical Law. The full document is available at [link]. Troutman Pepper attorneys Albert Bates, Zach Torres-Fowler, and Jamey Collidge published a Practice Note explaining key issues in the discovery (disclosure) process of a domestic US construction arbitration, such as conducting disclosure in an ad hoc proceeding or under institutional rules, identifying the disclosure’s scope, and managing electronically stored information (ESI) and other disclo

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Texas Engineer Linked to $6B Surge Protection Proposal Touts its Benefits

ENR Construction

E ngineering firm Walter P Moore and Associates and Rice University experts say the project to construct an island chain as a storm surge barrier system would protect the energy hub in the Houston Ship Channel.

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Major Delays to the McKnight Road Upgrades

Construction Today

Pittsburgh’s infrastructure is poised for a significant leap forward, with the McKnight Road upgrade project at the forefront of this transformation. Amidst the buzz of anticipation and the hurdles of delays, the project embodies the city’s ambitious vision for a modernized, efficient, and safer urban landscape. As we delve deeper into this critical undertaking, the narrative of McKnight Road… Source The post Major Delays to the McKnight Road Upgrades appeared first on Construc

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

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.

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$1.5B Rail Facility Construction Set to Begin at Port of Long Beach

ENR Construction

Project will entail extensive utility relocations.

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Constellium Joins *ISNetworld®

Safety Services Company

Constellium Strengthens Contractor Management through * ISNetworld® Constellium , a leading global provider and transformer of aluminum products, has recently joined the *ISNetworld® network to enhance its contractor management program. **Safety Services Company is an independently-owned company. Safety Services Company is an independently owned company, specializing in compliance with Third-Party Prequalification Providers.

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Biden Budget Seeks Heavy Spending for DOT, Corps Construction

ENR Construction

The proposal includes new $8-billion, five-year program to upgrade FAA facilities, radar systems.