Fri.Jul 12, 2024

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Midyear construction check: Cooling inflation boosts most sectors

Construction Dive

Innovative financing and cost management strategies can help contractors manage headwinds, said Joe Natarelli, construction services leader at Marcum.

Finance 131
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Discover The Importance Of A Solid Business Plan For Your Contracting Company

Contractor Bookkeeping

Starting a construction business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business toward success. Here's why It Clarifies Your Vision A business plan helps you articulate the vision for your enterprise.

Plans 115
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Federal infrastructure projects get a (flood) raise

Construction Dive

New and reconstruction projects must be built more resiliently under a new Federal Emergency Management Agency policy.

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Prices of Construction Materials Fall 0.3% in June

Contractor Magazine

Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.

Materials 113
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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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$2.5B tower completed in Times Square

Construction Dive

The contracting team on the 47-story TSX Broadway used lifts to raise the site’s original theater by 30 feet.

Contract 145

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Top 2 largest projects to enter planning involve data center construction

Construction Dive

The Dodge Momentum Index, focused on nonresidential construction planning, is up 43% from June 2019 levels, signaling strong spending for next year.

Plans 139
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Illinois Advances Building Efficiency With Energy Conservation Code

ENR Construction

The state implemented a custom energy conservation code based on the 2021 IECC this year and is in the process of developing a stretch energy code.

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Entek receives $1.2B DOE loan for Indiana battery separator facility

Construction Dive

The loan covers most of the costs to build the facility in Terre Haute and boost the domestic lithium-ion battery cell supply chain.

Indiana 109
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Prices of Construction Materials Fall 0.3%

Construction Superintendent Magazine

Construction input prices fell 0.3% in June 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 declined 0.4% for the month. Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.

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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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Glasgow starts consultation on tall buildings in the City

Construction Law

Glasgow City Council has launched a public consultation on Tall Buildings in the City in response to an increasing number of them being built and planned. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.

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Regulatory Chaos Seen in Wake of US Supreme Court Loper Ruling

ENR Construction

Majority decision overturning 40-years of legal precedent in court deference to federal agency rulemaking leaves many unanswered questions.

Legal 41
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High-water mark of adjudication passed with Supreme Court judgment

Construction Law

Collateral warranties are not construction contracts and cannot be the subject of adjudications, the Supreme Court has ruled. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.

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New procurement routes promised for water infrastructure investment

Construction Law

Water regulator Ofwat proposes cuts to water company’s infrastructure investment plans over the next five years by some £16 billion, at the same time as announcing that new funding models will be used in procurement of what is still a giant programme of £88 billion. 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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Driver death leads to £333,000 fine for housebuilder

Construction Law

Housebuilder Avant Homes has been fined more than £300,000 after a driver was crushed to death by falling concrete blocks at a construction site in South Lanarkshire. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.