Tue.Oct 01, 2024

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How Dash Cams Help Your Construction Company

Construction Business Owner

How Dash Cams Help Your Construction Company Because Hazards for Construction Companies Aren’t Just on the Jobsite mhodges Tue, 10/01/2024 - 15:26 In a typical group of employees who drive company vehicles, 15 to 20 percent of them will represent 80 percent of the risk. Read that again, because it’s a game changer that should cause construction companies to seriously consider a dual-facing (both driver- and road-facing) dash cam system.

Accidents 326
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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

Securing funding is one of the most crucial steps when starting or expanding a business. However, deciding on the right financing type can significantly impact immediate operations and future growth. As such, business owners must weigh various factors to determine the best fit between short-term and long-term funding. Read on to learn how to finance a business with either short-term or long-term financing.

Finance 156
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Improving Multi-Trade Construction Cost Estimates

Job Order Contracting

Improving Multi-Trade Construction Cost Estimates is critical for any CM or real property owner. Depending solely upon historical costs or subcontractor/trades quotes will not provide sufficient cost visibility or cost management capability. Leveraging current, granular, and locally researched labor, material, and equipment cost data enables CMs and real property owners to validate information, thereby improving multi-trade construction cost estimates.

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Dockworkers’ strike could lead to material delays

Construction Dive

Work stoppages across East and Gulf Coast ports may cause product shortages, price hikes and delivery issues, construction experts say.

Materials 144
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How CFOs Can Drive Growth Without Increasing Headcount

For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.

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Laborers' Add Paid Maternity Benefit for Women Union Members

ENR Construction

Members will receive $800 a week in maternity benefits for a minimum of 12 weeks, union General President Brent Booker told the Tradeswomen Build Nations conference in New Orleans.

Union 97

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How Will the Dockworkers Strike Impact Construction Supply Chains?

ENR Construction

The International Longshoremen’s Association halts work at East and Gulf coast ports, potentially impacting construction materials and equipment.

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2M households still without power after Helene; some local grids must ‘be completely rebuilt’

Construction Dive

Multiple utilities say they will need to completely reconstruct, rather than repair, electric systems in the hardest-hit areas.

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Record Rebound in Construction Job Openings in August

Contractor Magazine

Industry job openings increased by 138,000 last month but are down by 16,000 from the same time last year.

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Public projects keep nonresidential construction spending afloat

Construction Dive

Overall funding relies heavily on ongoing infrastructure investments, according to ABC’s chief economist.

ABC 127
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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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North Carolina, Tennessee Prepare to Start Repairing Helene-damaged Interstates

ENR Construction

State transportation agencies take stock of damage and prepare to award contracts to repair and rebuild highways and bridges hard hit by Hurricane Helene.

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NJ contractor to pay $950K for allegedly false DBE claims

Construction Dive

The DOJ said Rahway-based MV Contracting sought and won jobs under DOT’s Disadvantaged Business Enterprise program, even though it knew it didn’t qualify.

NJ 96
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Why Combining Digital And Traditional Sales Skills Is Crucial In Construction

Building Radar

The construction industry is unique in many ways, particularly when it comes to sales. Traditionally, face-to-face meetings, handshakes, and long-standing relationships have played crucial roles in securing projects. However, the digital age has brought new opportunities, tools, and strategies to enhance these long-standing practices. The key to thriving in today’s market is finding the perfect balance between digital tools and traditional sales skills.

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Hensel Phelps secures more border station work

Construction Dive

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

Security 123
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12 Reasons Specialty Contractors Need a Construction-Specific Software Platform

As a specialty contractor, your success hinges on your ability to manage complex workflows, maintain cost control, and deliver projects on time. But are you still relying on outdated systems or multiple software packages that create data silos and inefficiencies? This comprehensive eBook reveals the 12 key reasons why investing in a construction-specific software platform is the game-changer your business needs.

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Why Both Digital and Traditional Sales Skills Matter in Construction Sales

Building Radar

The construction industry is undergoing significant transformation, with digital technologies reshaping how business is done. Yet, despite the rapid evolution, traditional sales methods—rooted in face-to-face interactions, relationship building, and personal connections—still play a crucial role in the sector. To succeed in today’s competitive market, construction sales teams need to master both digital and traditional skills.

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Consigli breaks ground on $500M Maine higher-ed campus

Construction Dive

The Roux Institute, an offshoot of Boston-based Northeastern University, will sit on the old industrial site of B&M Baked Beans.

Maine 107
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How Blending Digital and Analogue Skills Drives Construction Sales Growth

Building Radar

The integration of digital tools with traditional, or analogue, sales skills is a key driver for growth in the construction industry. While digital mastery helps sales teams streamline processes and access real-time data, the human element—relationship-building and personal interactions—remains equally important. According to Hammad Chaudhry , the rise of digital tools has transformed the construction landscape, but a balance between technology and human skills is crucial for sustained success.

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Major Milestone Reached by Kokosing-Alberici in $3.2B Soo Lock Modernization

Construction Today

The Soo Lock Project, led by the US Army Corps of Engineers and joint venture Kokosing-Alberici, marks a significant milestone in its mission to modernize one of the most critical shipping routes in North America. Located in Sault Ste. Marie, Michigan, the $3.2 billion project aims to enhance the Great Lakes shipping infrastructure and support the movement of bulk cargo essential to US industries.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Careers in Construction – Building a Future, One Skilled Professional at a Time

Levelset

October is Careers in Construction Month, a time to celebrate the vital role construction professionals play in our communities. The construction industry continues to face a well-documented workforce shortage, with an estimated 546,000 additional workers needed to meet demand in 2024. Why a Career in Construction is More Than Just a Job A fulfilling career in construction goes beyond earning a paycheck.

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CM Labs Revolutionizes Mini Excavator Training with Advanced Simulation Pack

Construction Today

Mini excavators have become indispensable tools for both construction and utility work. Their compact size allows for precision in delicate tasks, such as digging around underground utilities, where large equipment would be impractical. In recent years, operators have increasingly favored mini excavators for their adaptability across various tasks, particularly in tight or sensitive environments… Source The post CM Labs Revolutionizes Mini Excavator Training with Advanced Simulation Pack a

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Covid lessons for force majeure and reasonable endeavours

Construction Law

Guest Editor Daniel Warren of DLA Piper UK LLP finds a key lesson learned from the Covid pandemic was the importance of properly negotiated and understood force majeure clauses. The pandemic proved the value of collaborative approaches. This story is only available to subscribers to the printed edition of Construction Law. If you have a subscription please log in to read the rest of the story.

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Combatting Heat Stress with Skanska’s Innovative Approach Using MX3 Hydration Testing

Construction Today

Heat stress poses significant risks for construction workers, particularly in regions like Florida, where temperatures and humidity levels soar. To address this, companies like Skanska have been proactive in implementing measures to prevent heat-related illnesses. One such measure is the introduction of the MX3 hydration testing system, a portable device designed to monitor workers’ hydration… Source The post Combatting Heat Stress with Skanska’s Innovative Approach Using MX3 Hy

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How ERPs Are Reshaping Efficiency in the Construction Industry

Construction companies face daily challenges, from project delays to cost overruns. But with the right ERP software, these hurdles become opportunities for growth. This in-depth study covers how companies like Bartlett-Cocke General Contractors saw an 83% reduction in cost analysis time and a 62% decrease in vendor payment processing time by adopting a Construction ERP system.

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Construction Law October 2024

Construction Law

Editor’s comment Amicable dispute resolution clauses could be a holy grail Editor Nick Barrett warns that lack of overseas investor confidence could hamper hopes to attract them to invest in UK utilities, but asks if they are investors that the UK wants? News Our regular news round up focusses on a report calling for a comprehensive reform of the Private Finance Initiative model used previously to support a new generation of privately financed infrastructure; a warning that the Procurement Act d

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US Construction Giants Push for Green Transparency in Building Materials

Construction Today

With buildings contributing nearly 40% of global carbon emissions, pressure is mounting on construction companies to adopt environmentally responsible practices. This urgency comes not only from regulators but also from clients, who increasingly prioritize eco-friendly projects. As a result, industry leaders are calling for greater transparency from materials manufacturers to help meet ambitious… Source The post US Construction Giants Push for Green Transparency in Building Materials

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England and Wales High Court (Technology and Construction Court) Decisions: August 2024

Construction Law

Decisions of the Technology and Construction Court of the English and Wales High Court for August 2024. Supplied by BAILII, The British and Irish Legal Information Institute. Click on the case title to read the full decision on the BAILII website.

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The Benefits of Natural Daylight on Mental Health 

Construction Today

By Neall Digert Sunlight, an abundant yet often overlooked resource, is crucial to human health and well-being. As the modern world increasingly embraces indoor living and working environments, Americans spend more than 90 percent of their time indoors on average. Therefore, design professionals must understand the profound impact of natural daylight on mental health.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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England and Wales High Court (Technology and Construction Court) Decisions: September 2024

Construction Law

Decisions of the Technology and Construction Court of the English and Wales High Court for September 2024. Supplied by BAILII, The British and Irish Legal Information Institute. Click on the case title to read the full decision on the BAILII website.

Legal 40
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AI is Bringing Gen-Z into the Construction Industry, Making Them More Productive, Engaged, and Sustainable  

Construction Today

By Shelley Copsey The US construction sector will need to attract more than half a million additional workers to combat the ongoing labor shortage and keep up with today’s ongoing demand. The shortage is heightened by an aging workforce, with more than one in four construction workers aged 55 or older. As experienced workers begin retiring, the industry must find ways to entice the… Source The post AI is Bringing Gen-Z into the Construction Industry, Making Them More Productive, Enga

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Grenfell Inquiry findings

Construction Law

Ed John and Nadine Obayda of Keystone Law focus on the implications for manufacturers of construction products following publication of the Grenfell Tower Inquiry Report. Litigation is expected to follow now the report has been published, and residents and leaseholders with dwellings unfit for habitation will generally find it easiest to claim losses against the contractor or developer under the DPA 1972.

Claims 40