Fri.Nov 15, 2024

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The Financial Roadmap To Success: Goal-Setting For Contractors

Contractor Bookkeeping

Setting financial goals for your construction business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections; they form the backbone of your road map for success, both internal and external. Financial goals are something that every single business should possess regardless of its market, model, or size.

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Construction Cost Optimization

Job Order Contracting

Guide to Construction Cost Optimization provides a road map for applying best management practices necessary to drive financial visibility and transparency. Introduction Objective, verifiable, and locally researched detailed line-item unit price construction data provides the highest level of cost visibility and cost management capability. Since other levels or types of cost estimating can’t meet this level, care should be given as to what form of cost data is being use.

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McCarthy-Vaughn JV starts $5B Dallas pediatric health campus

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Projects Win High Marks From Judges

ENR Construction

The Midwest construction industry continued to thrive in 2023, bolstered by a steady flow of projects that kept many firms busy producing work that pushed the boundaries of innovation, promoted sustainability and safety, reinvented historic structures and spurred forward-thinking construction solutions.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Tutor Perini/O&G JV lands $1.2B Newark AirTrain job

Construction Dive

The team will design and build 2.5 miles of elevated track to replace the airport's existing rail system, first opened in 1996.

More Trending

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NCDOT Aims to Reopen Helene-damaged Interstate 40 by New Year's Day

ENR Construction

Highway and water infrastructure in Western North Carolina are coming back online months after Hurricane Helene brought widespread damage to the region.

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Private funding possible for northern rail links

Construction Law

The government is examining using private finance for a new rail link connecting Birmingham with Manchester, Transport Secretary Louise Haigh has confirmed. She said during a visit to Greater Manchester with Chancellor Rachel Reeves that private finance options are ‘perfectly viable to explore’, the first time a Government source has confirmed rumours that have been around for several weeks.

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Clayco Wins EPC Contract for $620M Solar Wafer Plant in Tulsa

ENR Construction

Norwegian solar wafer producer NorSun aims for construction to start next year so it can begin production at the plant in 2026.

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Consultation launched on East West Rail project ahead of DCO application

Construction Law

Consultation has been launched (14 November) on the £7 billion East West Rail scheme to connect Cambridge and Oxford via Bedford, Milton Keynes and Bicester. 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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Stay Ahead in 2024 with Proven Strategies for Success

The specialty contractor space is facing a transformative period, driven by labor shortages, rapid technological advancements, and increasing regulatory requirements. In 2024, contractors must navigate complex challenges like fragmented management systems and delays in payment. This guide offers a deep dive into the key disruptions reshaping the industry over the next 24 months, including digitization, sustainable practices, and modular construction.

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Award of Merit, Higher Education/Research: Western Michigan University Student Center

ENR Construction

With a design inspired by WMU’s natural surroundings and its Native American heritage, this project realized a student center that fosters connection, community and collaboration.

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Judicial review on oil and gas developments hearing in Court of Session

Construction Law

A legal challenge over the decision to give consent to the UK’s largest untapped oil field was heard at the Scottish Court of Session in front of Lord Ericht 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. 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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Best Project, Healthcare: Essentia Health

ENR Construction

Situated in Duluth, Minn., on the shore of Lake Superior, St. Mary’s Medical Center is a major regional medical hub serving patients in northern Minnesota and western Wisconsin.

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Contractor fined after telehandler operator died from crush injuries

Construction Law

A contractor has been fined £160,000 after a man was killed by a telehandler at a housebuilding site in Glasgow. 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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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.

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Amid More Uncertainty, Global Leaders Focus on UN Climate Conference Targets

ENR Construction

Despite signs of global progress on climate change mitigation, the COP 29 conference this year is underway in Azerbaijan as nations face still high carbon reduction hurdles and new political and financial strains.

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Best Project, Highway/Bridge: Central Tri-State Tollway (I-294)

ENR Construction

As part of the Central Tri-State Tollway (Interstate 294) project, the Illinois Tollway reconstructed one of the most challenging crossings on its system: Interstate 294 over the intersection of 87th Street and Roberts Road at the convergence of three communities: Hickory Hills, Justice and Bridgeview.

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Best Project, K-12 Education: Niles North Addition and Renovations

ENR Construction

Niles Township High School District 219’s addition and renovation project addressed school safety concerns and enhanced the visitor experience, resulting in a three-story, 43,000-sq-ft addition and 16,000-sq-ft renovation.

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Best Project, Landscape/Urban Development and Excellence in Sustainability: Omaha Riverfront Revitalization

ENR Construction

A transformative $325-million program has converted three long-standing and underutilized downtown Omaha parks into an amenity-rich open space, anchored by the Missouri River.

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Outdated ERP? Spot the Signs Before It Stalls Your Progress

Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.

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Award of Merit, Manufacturing: Hill's Pet Nutrition

ENR Construction

Constructed on an 80-acre greenfield site, this 365,000-sq-ft plant increases Hill’s pet food production capacity with custom process and quality systems that incorporate new methods for mixing powders and liquids and for handling meat.

Site 36
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Best Project/Residential/Hospitality: The Bell-45 Erie Plaza

ENR Construction

Standing vacant since 2019, this 16-story former AT&T office building in Cleveland was converted over 20 months into a residential community featuring 367 apartment units, social gathering spaces, a state-of-the-art fitness center and rooftop amenity deck.

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Award of Merit, Sports/Entertainment: Baird Center

ENR Construction

Completed in just 27 months, this $456-million effort has doubled Baird Center’s size to 1.3 million sq ft, improving the multipurpose facility’s ability to host events of all kinds.

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Best Project/Water/Environment and Best Project Safety: Ohio Landfills Desulfurization

ENR Construction

Maintaining safety was a priority at a $97-million project by WIN Waste Innovations that virtually eliminates the emission of sulfur dioxide —an acid rain precursor—at two landfills in Ohio.

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How General Contractors Can Drive Growth Without Increasing Headcount

For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.

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Best Project, Small Project: Spellacy Bridge Reconstruction

ENR Construction

This $9.5-million bridge project was the largest infrastructure project in the history of Holmes County, Ohio. It added a timber structure to the Mohican Greenway Corridor and Wally Road Scenic Byway.

Ohio 36
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Award of Merit, Small Project: National WWI Museum

ENR Construction

As part of the memorial’s newly renovated lower level, the Memorial Bergman Family Gallery features 4,000 sq ft of storage, including a 190-ft coastline of window cases displaying artifacts that were previously stored in closed back-of-house storage facilities.

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Best Project, Government/Public Building: Franklin County Corrections Center

ENR Construction

The new Franklin County Corrections Center, situated on a 24-acre site, features 529,000 sq ft with the infrastructure and support space needed to house 2,800 beds.

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US DOT Names Winners for $3.4B in Rail, Port, Low-Carbon Material Grants

ENR Construction

ENR.com is the bible of the construction industry, providing news and features about projects, products and people in construction, architecture and engineering.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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Award of Merit, Residential/Hospitality: The Standard at Bloomington

ENR Construction

Comprised of three separate buildings connected via sky bridges, this off-campus student housing community is located steps from Indiana University’s campus.

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Best Project, Higher Education/Research and Award of Merit, Safety: Jeffrey T. Fort Neuroscience Research Building

ENR Construction

At more than 600,000 sq ft, the Jeffrey T. Fort Neuroscience Research Building is one of the largest and most advanced neuroscience facilities in the U.S.

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Best Project, Manufacturing: KC3 Nuuly Expansion

ENR Construction

This project converted a 1-million-sq-ft speculative warehouse into a 600,000-sq-ft industrial dry cleaning, laundry, office and distribution facility.

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