Thu.Mar 14, 2024

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2024 Construction Costs Open Forum Now On Demand

Construction Business Owner

2024 Construction Costs Open Forum Now On Demand Expert Insights on Navigating Construction Market Volatility mhodges Thu, 03/14/2024 - 14:58 If there’s one constant in the construction industry, it’s the fact that material costs and labor rates are constantly in flux. Especially now, when the global economy is more connected than ever before, unforeseen events can upend costs seemingly overnight.

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Florida bill aims to ban local mandates for heat protection

Construction Dive

The legislation on the desk of Gov. Ron DeSantis would block counties and cities from requiring companies to protect their workers from extreme heat.

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Cunningham-Limp’s Samuel Ashley Jr. on Sustainability in Long-Term Projects

Construction Business Owner

Cunningham-Limp’s Samuel Ashley Jr. on Sustainability in Long-Term Projects ccapoccia Thu, 03/14/2024 - 10:15 Most construction companies wouldn’t accept a project with a 10-year-plus timeline. But when Japanese Solderless Terminals (JST) approached Michigan-based Cunningham-Limp with a grand vision of a campus that preserved the surrounding forest, the company couldn’t say no, said President Samuel Ashley Jr.

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Balfour Beatty, C.J. Coakley sued for alleged wage theft on Virginia jobsite

Construction Dive

A class action lawsuit alleges that Coakley failed to pay its workers on time and in some cases not at all, while Balfour Beatty was aware of the issues.

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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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Construction Input Prices Increase 1.4% in February

Contractor Magazine

Overall construction input prices are 1.5% higher than a year ago, while nonresidential construction input prices are 1.8% higher.

More Trending

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NYC Pledges Funds To Port Authority $10B Manhattan Bus Terminal

ENR Construction

Major replacement and expansion is due for the 73-year-old interstate transit hub on Manhattan's west side.

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Balfour Beatty’s 2023 profits dip on investments

Construction Dive

CEO Leo Quinn nonetheless predicted growth in coming years as the London-based contractor capitalizes on shifts in the U.S. market.

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Pennsylvania Expands Work Zone Safety Camera Program

ENR Construction

Pennsylvania launched a new Work Zone Speed Safety Camera program.

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HVAC pre-apprenticeship program aims to improve skilled worker pipeline

Construction Dive

The Pryor High School Innovation Center in Oklahoma is using Interplay Learning’s platform to provide hands-on training that includes repairing and maintaining the school’s HVAC systems.

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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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NYC Pledges Funds Toward Port Authority's $10B Midtown Bus Terminal Replacement

ENR Construction

A $10 billion replacement and expansion project will upgrade the 73-year-old Port Authority Bus Terminal in Midtown Manhattan.

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AGC: Construction Employment Rises, Job Levels Reach Near Record Levels

Construction Superintendent Magazine

Construction employment increased in 231 or 65 percent of 358 metro areas between January 2023 and January 2024, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted the industry ended the month with more than 400,000 job openings nationwide, suggesting that many more metros would have experienced employment increases if enough qualified workers were available.

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US DOT Awards $3.3B in Grants to Re-link Cut-Off Neighborhoods

ENR Construction

Among the awards are grants to 52 capital construction projects across the country.

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DOT awards $3.3B to reconnect communities, offers funding for other transportation projects

Construction Dive

Meanwhile, President Biden's 2025 budget for transportation calls for $4 billion for large transit projects and $1.2 billion for the use of low-embodied-carbon materials.

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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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Construction Economics for March 18, 2024

ENR Construction

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.

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US Interior Dept. Awards Record $121M for Tribal Climate Projects

ENR Construction

Funding will boost 146 climate resilience projects for 102 Tribes and 9 Tribal organizations.

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Interior Dept. Awards More than $120M for Tribal Projects

ENR Construction

The Bureau of Indian Affairs is putting the funds into 146 Tribal climate resilience planning and projects.

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