Fri.Aug 02, 2024

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Small Projects, Big Profits: The Art Of Juggling Multiple Projects

Contractor Bookkeeping

Handling multiple projects simultaneously is a common challenge for small construction companies. While it can signify growth and success, it comes with its fair share of struggles. From resource allocation to maintaining quality and meeting deadlines, juggling several projects can be overwhelming. However, with the right strategies, it's possible to navigate these challenges successfully.

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Manufacturing enters ‘deeper slowdown period’ ahead of election: July PMI

Construction Dive

Companies are hesitant to invest in new orders amid high interest rates and political uncertainty, dragging down the industry.

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Indiana Contractor Fined $199K for Repeated Safety Violations

Construction Today

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has imposed a $199,761 fine on MDM & Sons Construction LLC, an Indiana-based contractor, for multiple safety violations observed at two construction sites in Perrysburg, Ohio. During inspections on May 1 and May 14, 2024, OSHA inspectors found employees working at dangerous heights without adequate fall protection.

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Granite gets progressive on delivery methods, buys Mississippi aggregate shop

Construction Dive

The California-based contractor posted higher revenue, backlog and profits in the second quarter, which it said is proof its new business model is working.

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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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Contractors Kept Hiring in July, Adding 25K Jobs

ENR Construction

All construction sectors added jobs in July, led by specialty trade contractors, who boosted employment by nearly 19,000 positions.

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Senate Unanimously Clears Water Resources Development Act

ENR Construction

Senate bill approval sets up negotiations to reconcile differences with the House to develop final legislation.

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U-factor: The thermal performance metric that really matters

BD+C

U-factor: The thermal performance metric that really matters 1 kcichowicz Fri, 08/02/2024 - 11:59 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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Labour’s Move to Scrap Infrastructure Projects

Construction Today

The Labour Party’s victory in the 2024 general election has marked a transformative period in UK infrastructure policy. Under the leadership of Prime Minister Sir Keir Starmer, the new administration is undertaking a comprehensive reassessment of existing infrastructure projects, including major road and hospital developments. This pivot is not merely a budgetary adjustment but a strategic… Source The post Labour’s Move to Scrap Infrastructure Projects appeared first on Constru

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Infrastructure projects cut in Chancellor’s first statement

Construction Law

Chancellor of the Exchequer Rachel Reeves has pledged to ‘restore economic stability’ after revealing £22 billion of unfunded pressures inherited from the previous Government in a Parliamentary speech on Monday this week. 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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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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John Lewis Ventures into Housing

Construction Today

In a significant departure from its traditional retail operations, the John Lewis Partnership has embarked on its first residential housing project in Bromley, South London. This landmark initiative marks the company’s entry into the housing market, as it seeks to diversify its business portfolio amidst a challenging retail environment. The project, developed in collaboration with investment firm… Source The post John Lewis Ventures into Housing appeared first on Construction Today.

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New Towns Taskforce launched

Construction Law

A new generation of new towns is planned by the Ministry of Housing, Communities and Local Government (MHCLG) as part of the government’s plan to kickstart economic growth and ‘get Britain building again’. The programme of new towns will create large scale communities of at least 10,000 new homes each, with many significantly larger. 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 AI-Enabled Robots are Redefining Construction

Construction Today

The construction industry is experiencing a digital revolution, spearheaded by the deployment of AI-powered autonomous robots. These sophisticated machines are enhancing efficiency, improving safety, and cutting costs across various construction projects. From monitoring site progress to performing complex tasks, AI-driven robots are reshaping the landscape of construction.

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Views sought on planning reform proposals

Construction Law

A consultation launched by the Ministry of Housing, Communities and Local Government (MHCLG) seeks views on a proposed approach to revising the National Planning Policy Framework (NPPF) in order to achieve sustainable growth in the planning system. 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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Senate Unanimously Clears Water Resources Development Act

ENR Construction

WRDA bill vote sets up negotiations to reconcile differences with the House version.

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HS2 Annual Report 2023-2024

Construction Law

Cancellation of the second phase of HS2 has cost taxpayers over £2 billion, according to the project delivery company’s annual report. 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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Stantec Picked for Design on $2B Newark Airport AirTrain Replacement

ENR Construction

The Port Authority of New York and New Jersey plans to open the new AirTrain at Newark Liberty International Airport in 2029.

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UK clean energy projects boosted by budget rise

Construction Law

Renewable energy projects have been given a major boost with the Government announcement of an increase to the Contracts for Difference Allocation Round 6 (AR6) budget, to a record of over £1.5 billion, potentially unlocking billions of pounds of investment. 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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Stantec Designing Facilities for $2B Newark Airport AirTrain Replacement

ENR Construction

The Port Authority of New York and New Jersey plans to open the new AirTrain at Newark Liberty International Airport in 2029.