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Current, objective, verifiable, and detailed construction cost data is critical to achieving any useful level of cost visibility and cost management. The fact that detailed unit price cost estimates using this type of information is rarely used and shared among owners and design/builders is largely responsible for cost overruns. “National average price books” are wide used by both owners and design/builders, however, cannot provide an adequate representation of local market conditi
The Reston, Virginia-based builder continues to work on the Port Arthur project’s first phase, a $13 billion undertaking that will finish between 2027 and 2028.
Construction Aggregates The U.S. Geological Survey (USGS) defines the construction aggregates industry as those companies that mine and process crushed stone and (or) construction sand and gravel. Construction aggregates are an essential part of the construction industry and serve as an indicator of the strength of the industry. All 50 U.S. States produce construction aggregates.
Over 40 cities will have these standards in place by 2026, compelling building owners to prioritize energy efficiency and emissions reduction measures, according to a report from JLL.
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.
The recent cyber outage is a stark reminder of digital systems' vulnerability and potential impact on businesses, including those in the construction industry. This incident offers several critical lessons for construction bookkeeping. As a contractor, your accounting and bookkeeping systems are vulnerable not only to cyber threats but also to software outages, which can compromise sensitive financial data and disrupt business operations.
While many construction material suppliers are being overshadowed by larger corporate organizations, independent provider of high-quality building materials Action Gypsum Supply (Gypsum) continues to grow. Its longevity can be attributed to its independent status and business ethos, which empower it to prioritize relationships with customers and effectively support their businesses.
The GSA’s acceptance of ARCSA/ASPE/ANSI rainwater standards in its mandatory design standards and performance criteria for its buildings signals positive momentum for the rainwater catchment and harvesting industry.
Six key trends are currently shaping the construction industry, driven by the need for increased efficiency, sustainability and safety: building information modelling (BIM), 3D printing, robotics, IoT and augmented/virtual reality. In this piece we focus on how drones have come to the fore, allowing unprecedented access and monitoring. These unmanned aerial vehicles (UAVs) have seamlessly… Source The post How drones have become indispensable tools in the industry appeared first on Constru
Clayco will build the 440-acre complex at a long-defunct steel plant site that will host the first utility-scale, fault-tolerant quantum computer in the U.S., the developer says.
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.
From farm shops and horse barns to suburban garages and multipurpose buildings, FBi Buildings’ custom post frame constructions are designed to meet customers’ specific needs. Founded in 1958, on faith, family, and innovation, the company is in its third generation of family-run operations. This focus on family values weaves through the company culture, making the business stand out among more… Source The post How FBi Buildings continues to get its customers’ projects off t
Clayco will build the 440-acre complex at a long-defunct steel plant site that will host the first utility-scale, fault-tolerant quantum computer in the U.S., the developer says.
Built on a strong basis of expertise, integrity, and excellence, T&T Construction Management Group, Inc is a woman-owned, premier concrete specialty contractor. For nearly 30 years, the company has provided turnkey horizontal and vertical concrete solutions for large-scale commercial construction projects across the Caribbean, Florida, and the Eastern United States.
The planned acquisition of Dornan Engineering Group, an advanced technology sector specialist, will add another dimension in Europe for Turner and its Germany-based parent company, Hochtief.
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.
Cancellation of the northern part of the HS2 project has left the project’s purposes unclear, wasted significant resources and undermined plans for increasing capacity, says government spending watchdog the National Audit Office (NAO). To read more of this and every other news story on this site, please log in with your Construction Law membership account details.
Clayco will build the 440-acre complex at a long-defunct steel plant site that will host the first utility-scale, fault-tolerant quantum computer in the U.S., the developer says.
Demolition specialist Veolia ES (UK) Ltd has been fined £3 million after a man died and another was seriously injured while decommissioning a North Sea gas rig in Great Yarmouth. 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.
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.
The National Audit Office has found a catalogue of failings in the Department for Transport’s (DfT) oversight of the road network in a new report on the condition and maintenance of local roads in England. 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.
US Energy Dept. officials selected 20 projects to receive financial support under the Transmission Siting and Economic Development Grant Program created by the Inflation Reduction Act.
Long-term lack of investment in infrastructure has been blamed by Environment Agency chief Alan Lovell for poor performance by water companies. 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.
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.
Cheshire-based electrical transmission contractor Wood Transmission and Distribution Ltd has been fined £240,000 with over £14,000 costs after a worker was paralysed from the chest down after a fall at work. 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.
Despite the temptation to implement a new technology quickly, it’s important that there are practices in place to ensure the tool is evolving in the long run.
When construction executives sit down to develop plans, bids, and schedules for a project, profitability and efficiency are always top of mind. However, worker safety is another extremely important element that contributes directly to a company’s success and reputation, as well as the health and wellbeing of their employees. According to the Bureau of Labor and Statistics… Source The post How modern ConTech tools increase safety on construction job sites appeared first on Constructio
Some construction firms are well down the path toward a technologically enhanced future, with robots, drones, cloud-based resources and acres of software. But others have work to do. So what should they be thinking about?
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.
The industrial real estate market, generally defined as manufacturing facilities; fulfillment centers; warehouses; last-mile logistics; and self-storage facilities, has seen an extended period of growth from 2019 through 2023 fueled by the incredible demand for online purchases driven by the pandemic. Over the past ten months, the industry has seen vacancy normalize and construction starts slow… Source The post Industrial growth will continue despite recent headwinds appeared fi
I have a degree in architecture and practiced it for the first six years of my career. I aspired to be a designer and got an opportunity early on to be a project designer. I worked for a company in Orange County and had the chance to design a couple of buildings while I was there, which was a phenomenal experience. I loved it. Having progressed the projects through coordination… Source The post Naomi Whitesel shares how McCarthy Building Companies brings the right people, passion and resou
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