Fri.May 03, 2024

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What Every Contractor Needs To Know About Successful Construction Companies

Contractor Bookkeeping

Small construction businesses have several characteristics that distinguish them from larger firms. These characteristics include having a limited workforce, smaller revenue streams, and a more localized focus. They are often run by the owners themselves or a small team of employees. They tend to have a more personal approach to their work, as they are usually more involved in every aspect of the project.

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JV kicks off $4.3B San Francisco hospital build

Construction Dive

Herrero Builders, The Boldt Company and Webcor broke ground on UCSF’s new health care facility in the city’s Parnassus Heights neighborhood.

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Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety

BD+C

Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety 1 kcichowicz Fri, 05/03/2024 - 07:18 Healthcare Facilities This article explores the pivotal shift from traditional hospital settings to Medical Office Buildings (MOBs), focusing on how these facilities enhance patient access. Discover the key drivers of this transformation, including technological advancements, demographic trends, and a growing emphasis on integrated, patient-centered care.

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Fluor sees opportunity in data center boom

Construction Dive

Fluor CEO David Constable drew parallels between the surge in data center construction and the ongoing boom in onshoring manufacturing during Fluor’s first quarter earnings call on Friday.

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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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Nonresidential Construction Employment Strength Persists, Jobs Up 7,800 in April

Contractor Magazine

On a year-over-year basis, industry employment has increased by 258,000 jobs, an increase of 3.2%.

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EPA to Release $9B Over Next Three Years for Lead Pipe Replacements

ENR Construction

EPA announces first of three distributions of IIJA funding for lead service line replacements.

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Granite Construction is on the hunt for more M&A

Construction Dive

The California-based roadbuilder has been able to increase prices for the materials it sells to other builders and wants to snap up more aggregate suppliers, it said on its latest earnings call.

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ENR Northwest Names Parametrix 2024 Design Firm of the Year

ENR Construction

News, opinions and insights about design and construction in the Pacific Northwest, Including Washington, Oregon and Alaska.

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What Every Contractor Needs To Know About Successful Construction Companies

Contractor Bookkeeping

Small construction businesses have several characteristics that distinguish them from larger firms. These characteristics include having a limited workforce, smaller revenue streams, and a more localized focus. They are often run by the owners themselves or a small team of employees. They tend to have a more personal approach to their work, as they are usually more involved in every aspect of the project.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

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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Rivian Plans $1.5B Illinois Plant Expansion While Georgia Project Paused

ENR Construction

Illinois officials offered Rivian an incentive package worth $827 million over 30 years to continue expanding its Normal facility.

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U-factor or R-value: which are you looking at?

BD+C

U-factor or R-value: which are you looking at? 1 kcichowicz Fri, 05/03/2024 - 07:42 Nathan Janiczek, P.E. explains why U-factor is a better indicator of thermal performance than R-value for energy-efficient commercial garage doors.

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Construction Kept Adding Jobs in April, But at Slower Rate

ENR Construction

Industry gained 9,000 jobs in April, compared with 40,000 added in March.

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National Grid Enterprise Model to foster collaboration

Construction Law

National Grid is to use a new model of supply chain cooperation for its £9 billion Great Grid Upgrade, a nationally significant investment in the electricity network in alliance with seven major contractors and consultants. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Simplify Complex Financial Workflows with CMiC’s Powerful Tools

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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Contractors Selected for $500M Great Lakes Tunnel in Michigan

ENR Construction

A joint venture partnership between Barnard Construction Co. and Civil and Building North America will take charge of constructing the Great Lakes Tunnel beneath the Straits of Mackinac.

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Contractors increasingly decline tender invitations, says survey

Construction Law

Contractors are spurning invitations to tender at an increasing rate according to a survey from property and construction consultant Gleeds, with almost 90% of respondents saying they or their supply chain had declined an invitation in the first quarter of this year. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Global E&C Firms Picked for $5.6B UK Transmission Expansion

ENR Construction

Three design firms and five contractors will work on a proposed group of large projects to build grid connections for 50 GW of offshore wind energy in Britain set to operate by 2030.

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Director given suspended prison sentence after disregarding asbestos risks

Construction Law

A company director has been given a suspended jail sentence after pleading guilty to health and safety breaches that exposed workers to asbestos. His company was also fined after pleading guilty at Manchester Crown Court to related offences. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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PCL Construction: Solar-Powered Jobsite Monitoring Platform Complements Green Building Project

ENR Construction

Use of the Sensera Systems made perfect sense for this hyper-green project.

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Low carbon incentives to be included in contracts

Construction Law

Six of the UK’s biggest infrastructure companies have signed a pledge to decarbonise the construction sector by eliminating the most carbon intensive construction products from their projects. Signatories agree to procure for low carbon construction and provide incentives in their contracts. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Elections Integrity in the Spotlight

ENR Construction

Elections integrity has been in the spotlight for the last two decades. Today’s technology can help ensure transparency and security.

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How to Solve Construction’s Technology Problem with Quickbase

Construction Business Owner

How to Solve Construction’s Technology Problem with Quickbase Overcoming Construction Productivity Hurdles in 2024 and Beyond mhodges Fri, 05/03/2024 - 07:50 Download now to learn more about: The challenges faced in the construction industry today Technology’s role in streamlining complex construction projects How to eliminate data fragmentation and boost productivity Real-life examples of how Quickbase’s Dynamic Work Management cut down on Gray Work and sped up project management in the constru

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Boost Growth & Efficiency with a Unified Construction Software Platform

Silos of data and outdated systems can hold your business back. It is time to switch to a modern construction software solution designed for specialty contractors. CMiC provides a platform that simplifies operations, improves visibility, and boosts efficiency. It integrates workflows like job costing, resource planning, forecasting, and compliance control into one system.

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How to Simplify Jobsite Management

ENR Construction

There’s a lot of buzz these days about the digital construction jobsite. Yet how do you reconcile the fact that productivity levels have slipped below 1950 levels in spite of technology?

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City of Fort Collins – Natural Areas: Leveraging Cameras for Critical Imagery

ENR Construction

The City of Fort Collins initially selected Sensera’s solutions to provide real-time views of parking conditions.

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How Technology can Improve Safety on Construction Sites

ENR Construction

Safety on construction sites has always been a concern.

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