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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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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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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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.

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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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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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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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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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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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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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Seamless Finance Solutions for Construction Leaders

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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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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