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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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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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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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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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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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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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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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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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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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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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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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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How AI is Reshaping Construction: Insights from Industry Experts

Construction firms embracing AI are outperforming the competition. This exclusive guide unpacks the impact of AI-driven analytics, automation, and predictive insights on project management, risk reduction, and workforce transformation. Discover how AI enhances real-time decision-making, optimizes labor and materials, and ensures projects stay on schedule and budget.

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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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