Wed.Nov 20, 2024

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Energy Prices Drive Construction Materials Costs Higher in October

Construction Superintendent Magazine

Construction input prices increased.3% in October compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased.3% for the month. Prices increased in all three energy subcategories last month. Natural gas prices increased by 29.3%, unprocessed energy materials prices rose 9.9% and crude petroleum prices advanced by 7.3%.

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Pittsburgh to gain 2 entertainment projects worth more than $800M

Construction Dive

The $740 million riverside development and $64 million concert venue will bring new leisure, retail and housing options to the Steel City.

Retail 154
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The Consequences of Overstating Claims Under Colorado’s Public Works Act

Levelset

A recent Colorado Court of Appeals decision offers essential guidance for subcontractors filing claims under the Colorado Public Works Act. The case clarifies what can and cannot be included in a verified statement of claim, particularly concerning delay damages, and highlights the severe consequences of filing an excessive claim. The outcome serves as a cautionary tale for subcontractors to keep claims clear, accurate, and well-supported to avoid potentially losing an entire claim.

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7 Benefits of Shoring in Construction

Construction Today

Shoring is a cornerstone technique in modern construction, providing temporary support to buildings, trenches, and excavation sites. Whether stabilizing a structure during renovations or ensuring safety in deep excavations, shoring is indispensable. Below, we discuss the top 7 benefits of shoring in construction and why it’s essential for maintaining safety and efficiency in today’s projects.

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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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Demand for water, advanced facilities drive Jacobs’ growth

Construction Dive

The burgeoning sectors drove double-digit gains across the Dallas-based firm’s portfolio, according to the company’s earnings call.

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FTA gives U of Cincinnati $5.1M to test contech systems

Construction Dive

The agency’s goal is to help transit departments deliver projects on time, on task and on budget, said the transit authority’s deputy administrator.

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2025 Forecast: Rate Cuts Expected to Boost Construction

ENR Construction

As interest rates finally begin to ease, economists are fairly optimistic about how the overall construction market will fare in the coming year.

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Microporous to build $1.4B Virginia battery separator plant

Construction Dive

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

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Architecture Billings Index Turns Positive After 20 Months of Decline

ENR Construction

The American Institute of Architects says its surveyed members are feeling more optimistic about 2025.

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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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New Crane Index, Quarterly Cost Report from Rider Levett Bucknall

Construction Superintendent Magazine

Rider Levett Bucknall has released its latest Crane Index and Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest report, with data current to mid-third quarter of 2024, shows the national average increase in construction costs was 1.07%, the lowest its been in the last three years.

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Foothill Gold Line's $798M Final Segment Moves Forward

ENR Construction

Kiewit Infrastructure West is the only company to submit a bid for the project which is expected to name a contractor in January.

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Practical LEAN Construction

Job Order Contracting

Practical LEAN construction frameworks involve robust approaches inclusive of multi-level training, detailed workflows, clear responsibilities, and a common data environment (CDE)*. Examples of practical LEAN construction frameworks are Integrated Project Delivery (if it includes objective, granular, detailed line-time construction task data), Alliance Partnering, and collaborative Job Order Contracting.

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Reviving the Astrodome: Architect Gensler Helps Preservationists Take Another Swing

ENR Construction

Historic preservationists hope the latest plan brings architectural icon back to life.

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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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AI-gestützte Lösungen für die Bauindustrie

Building Radar

Einführung in AI-gestützte Lösungen Die Bauindustrie sieht sich heutzutage mit einer Vielzahl an Herausforderungen konfrontiert. Dazu gehören ineffiziente Projektverfolgung, unzureichende Datenanalysen, sowie ein intensiver Wettbewerb zwischen den Unternehmen. In diesem dynamisch wachsenden Sektor können AI-gestützte Lösungen eine Schlüsselrolle spielen, indem sie fortschrittliche Technologien implementieren, um Betriebsprozesse zu optimieren und Verkaufschancen signifikant zu verbessern.

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Only Some Assembly Required: A Kit-of-Parts Approach to Construction

ENR Construction

Industrializing design and building practices using manufacturing techniques has long been promised as a more efficient construction method. But recent advances in the kit-of-parts approach is bringing the idea closer to fruition.

IDEA 45
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Judges Select Finalists for Global Project of the Year

ENR Construction

Under the radar, behind the project gate, inside the executive suite. That's where ENR's editors and bloggers deliver their insights, opinions, cool-headed analysis and hot-headed rantings.

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US vs Canada: Which Country Is Riskier for Construction?

ENR Construction

One country stumbles differently than another, a recent study has found.

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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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Trump Cabinet Picks Would Shift Focus to Fossil Fuel Development

ENR Construction

Doug Burgum, Republican governor of North Dakota, is named to lead a planned new National Energy Council of sector regulators, while others are tapped for top posts at energy, transportation and environmental agencies.