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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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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CONTRACTOR's Products of the Year 2024

Contractor Magazine

CONTRACTOR'S Products of the Year are chosen by our readers, based on pageviews of our Weekly Product Galleries.

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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.

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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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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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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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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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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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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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CONTRACTOR's Products of the Year 2024

Contractor Magazine

CONTRACTOR's Products of the Year are chosen by our readers, based on pageviews of our Weekly Product Galleries.

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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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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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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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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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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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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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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, 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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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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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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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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Award of Merit, Higher Education/Research: Des Moines University and Medical Center

ENR Construction

This hub for innovation and sustainability in health care education is nestled on 88 acres.

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Award of Merit, Healthcare: Children's Wisconsin Skywalk Building

ENR Construction

The team built a front entrance and two-story addition to an active hospital, completing the 155,000-sq-ft project early and under budget.

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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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Award of Merit, Healthcare: Caro Psychiatric Hospital

ENR Construction

After months of planning, this originally $115-million, 200-bed project came to a halt due to budget, location and staffing concerns.

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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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AOM Highway/Bridge and Award of Merit, Safety: Third Avenue Bridge

ENR Construction

An extensive and thoughtful restoration effort has remedied the Third Avenue Bridge’s deteriorated condition and extended its service life.

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Best Project, Interior/Tenant Improvement: Barstool Sports

ENR Construction

Faced with a tight schedule, Clune Construction delivered a state-of-the-art headquarters for Barstool Sports.

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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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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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Award of Merit, Sustainability: Project Dolphin

ENR Construction

Nearly every part of this 350,000-sq-ft LEED Platinum warehouse and distribution facility embodies sustainability.

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Award of Merit, Landscape/Urban Development: Bicentennial Unity Plaza

ENR Construction

As part of a three-year modernization at Gainbridge Fieldhouse, an existing parking garage was transformed into an all-season outdoor plaza.

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