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This past Saturday, the Maine-based PC team and families once again came together at the Portland International Jetport to test our strength to benefit the Travis Mills Foundation. The task: pull an 80-ton Bowing 757 FedEx Jet 20 feet as fast as you can. The competition was fierce, and the PC Plane Pullers came in at the middle of the leaderboard with a pull of 8.1 seconds.
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.
Growth in use of electric equipment in construction has been relatively slow in the U.S. despite successful pilot efforts, but a new coalition of cities, municipal agencies and industry groups is looking to promote wider adoption.
National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.1%, while public nonresidential construction spending was up 0.3% in August.
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.
Understanding the public tender process is essential for businesses looking to secure government contracts or large-scale construction projects. Public tenders provide equal opportunities for all qualified bidders, ensuring that contracts are awarded transparently and based on merit. However, navigating this process can be complex, especially for newcomers.
Die Vergabe- und Vertragsordnung für Leistungen (VOL) ist ein zentraler Bestandteil des deutschen Vergaberechts, das die Vergabe öffentlicher Aufträge für Liefer- und Dienstleistungen regelt. Dieses Regelwerk ist für alle öffentlichen Auftraggeber und Bieter von großer Bedeutung, da es sicherstellt, dass das Verfahren transparent, fair und wettbewerbsorientiert abläuft.
Support for voter-approved transit funding has been strong. Transit agencies and advocates shared their stories at a recent American Public Transportation Association conference.
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.
Navigating procurement and contract regulations is crucial for businesses aiming to secure service contracts, especially when dealing with government entities or large organizations. Understanding these regulations not only ensures compliance but also enhances your chances of winning bids. Procurement regulations govern how public and private entities acquire services, and failing to comply can result in disqualification or legal consequences.
Adaptability and flexibility are essential. Projects often face unexpected changes due to market demands, regulatory shifts, or technological advancements in the construction industry. To successfully navigate these challenges, the construction industry has increasingly turned to versatile solutions. These solutions, ranging from modular building techniques to innovative materials, empower construction teams to respond effectively to evolving project requirements.
The "outrageously successful" scheme netted $14 million, which could have been much higher, if suspicious banking activity had gone unnoticed, according to prosecutors.
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 Council of Architectural Registration Boards (NCARB) plays a pivotal role in the architecture and construction industries, overseeing the licensing and credentialing of architects in the United States. As the demand for skilled professionals in architecture continues to grow, understanding NCARB’s functions, processes, and requirements is essential for aspiring architects and industry stakeholders.
The "outrageously successful" scheme netted $14 million, which could have been much higher, if suspicious banking activity had gone unnoticed, according to prosecutors.
Ductility is a critical property in construction that significantly influences the design and performance of structures, particularly in areas prone to seismic activity. It refers to a material’s ability to deform under stress without failing, allowing for flexible designs that can withstand significant forces. For those involved in construction and design, understanding ductility is essential for creating structures that are not only functional but also resilient.
Building tiny houses on wheels (THOW) has become a growing trend in the construction and housing industries. These compact homes offer an innovative solution for individuals seeking minimalism, mobility, and affordability. As the popularity of tiny living surges, many are exploring the unique features, benefits, and challenges of constructing these miniature residences.
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.
Understanding the VOB (Verdingungsordnung für Bauleistungen) is essential for anyone involved in the German construction industry. As the standard set of regulations governing construction contracts in Germany, mastering VOB procedures can significantly impact project success. This article will provide comprehensive insights into the German construction contract procedures, highlighting the importance of understanding VOB and the benefits of utilizing tools like Building Radar for effective
Die Vergabe- und Vertragsordnung für Bauleistungen (VOB) ist das zentrale Regelwerk für Bauverträge in Deutschland. Sie stellt sicher, dass die Vergabe von Bauleistungen transparent und rechtssicher abläuft und dient als unverzichtbare Grundlage für Bauunternehmer, Auftraggeber und Planer. Die VOB umfasst sowohl technische als auch rechtliche Vorschriften, die den gesamten Bauprozess abdecken.
The construction industry is evolving at an unprecedented rate, driven by technological advancements, sustainability demands, and economic shifts. To stay ahead, industry professionals must navigate these changes with foresight and adaptability. Understanding key market trends is critical for construction companies seeking long-term success. By embracing innovation and keeping an eye on emerging trends, businesses can position themselves at the forefront of the industry.
The construction industry is set to experience significant transformations in 2024, driven by advancements in technology, sustainability initiatives, and changes in global supply chains. As these trends shape the future of construction, industry professionals must stay informed and adapt to stay competitive. From sustainable building practices to the rise of digital tools like Building Radar , the landscape is evolving rapidly.
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.
Building a house is a significant investment that involves multiple steps, requiring careful planning and execution. In Germany, the Honorarordnung für Architekten und Ingenieure (HOAI) or the Fee Structure for Architects and Engineers, outlines nine critical phases that ensure the successful completion of construction projects. Understanding these phases is essential for homeowners, architects, and contractors alike.
The ability to identify new projects early is critical for success in the construction industry. Traditional methods of tracking upcoming developments can be slow, leading to missed opportunities. However, with the advancement of Artificial Intelligence (AI) , construction professionals now have access to tools that allow them to spot new construction projects at the earliest stages.
Optimizing lead qualification is crucial to staying ahead of the competition in the construction sales. Companies that refine their lead qualification process can focus their time and resources on the most promising opportunities, improving overall efficiency and increasing the likelihood of closing high-margin deals. With the help of advanced technologies like artificial intelligence (AI), businesses are now able to identify and qualify leads more effectively than ever before.
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