Mon.Apr 24, 2023

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. Today’s firms typically operate on razor-thin margins with an average of 4-6% , which means even a tiny change in costs or revenue can significantly impact your bottom line. And the pressure is rising. Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect

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Challenges & Opportunities in Commercial Construction

HardHatChat

As a National General Contractor working across multiple verticals in the commercial construction space, we understand the challenges (COVID and Supply Chain) facing our retail, restaurant, hospitality, and senior housing clients. But we’ve also experienced a strong will to solve problems, adapt smarter ways of working, and find new opportunities. Here are just a few examples: Working Through Challenges: Key Lessons for Moving Forward For Englewood and our national retail, restaurant, and hospit

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Tackling construction weather safety head-on with AI

Construction Dive

New emerging AI-backed weather intelligence technology is changing the game with hyper local, actionable insights, providing all corners of the organization with the information they need to make informed decisions.

Safety 118
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Smart savings: Commissioning for the hybrid workplace

BD+C

Smart savings: Commissioning for the hybrid workplace 0 qpurcell Mon, 04/24/2023 - 09:27 Office Buildings Joe Crowe, Senior Mechanical Engineer, Gresham Smith, shares smart savings tips for facility managers and building owners of hybrid workplaces. Joe Crowe, P.E., CxA, LEED AP Office Buildings Headquarters Engineers Facility Managers Building Owners HVAC Mechanical Systems If we think back to pre-pandemic days, the thought of a hybrid workplace being successful for company culture and employee

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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

Contractors today are navigating a market with 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. It integrates these digital solutions into everyday workflows, turning raw data into actionable insights.

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ConTech Conversations: The AI revolution is not imminent, but it’s closer than you think

Construction Dive

Patrick Murphy, former congressman and CEO of Togal.AI, discussed the future of artificial intelligence and how it will impact the construction industry.

More Trending

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New hurricane-focused codes on the horizon for Florida

Construction Dive

Contractors in the Sunshine State can expect much stronger building and land use regulations in the wake of Hurricane Ian, according to a construction expert.

Florida 104
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Weston to build £33.5m Essex “garden suburb”

Construction Enquirer

House builder Weston Homes has exchanged contracts to aquire a 10.36 acre site in the village of Thornwood in Epping with plans for a new £33.5m residential scheme. The Thornwood Park development will be a “garden suburb” containing up to 62 new family homes complete with gardens, landscaping, community orchard, parking and 4.7 acres of public open space in the form of a pocket park.

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Construction costs in 2023 and how your contract can help you get ahead of supply chain risks

Construction Dive

Are you doing everything you can to protect against rising material costs and supply chain risk? Let your contract be your secret weapon.

Risk 95
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Value of subcontracts awarded on HS2 hits £7.9bn

Construction Enquirer

HS2 has revealed that tier two subcontracts totalling £7.9bn have been awarded to over 2,000 UK-based companies since the project started. Latest figures show SMEs securing £3.6bn worth of orders – a 45% share of work on the route. Firms of all sizes have benefited with £1.9bn worth of work awarded to medium sized businesses (50-250 employees), £677million to small businesses (11-49 employees) and just over £1billion to micro businesses (1-10 employees).

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12 Reasons Specialty Contractors Need a Construction-Specific Software Platform

As a specialty contractor, your success hinges on your ability to manage complex workflows, maintain cost control, and deliver projects on time. But are you still relying on outdated systems or multiple software packages that create data silos and inefficiencies? This comprehensive eBook reveals the 12 key reasons why investing in a construction-specific software platform is the game-changer your business needs.

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Commerce Department announces $562M for coastal resiliency projects

Construction Dive

The money from the IIJA will fund nearly 150 projects across the country focused on bolstering the country’s response to climate change.

88
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Acquisitive OCU swoops for south west contractor

Construction Enquirer

Stockport-based OCU Group, parent company of formerly-named O’Connor Utilities and Instalcom, has struck a deal to buy M&E and civils contractor Northavon Group. The Somerset group of companies, includes Northavon Water Services, Hydrovein, and Multivein. Jointly, the group turns over around £32m, operating primarily in the water sector in the South of England and South Wales.

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Expert on equity issues to speak at NAWIC Annual Conference

Construction Dive

Dr. Rhianna Rogers to speak on attracting more women to the construction industry.

Equity 115
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Feds Tighten Leash On Embattled Massachusetts Transit Agency

ENR Construction

The MBTA submitted a four-part safety plan with the Federal Transit Administration after a rash of near miss accidents and an incident that left a worker seriously injured.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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$150M Spokane Airport terminal expansion tops out

Construction Dive

Project contractors Garco Construction and Q&D Construction placed the final structural beam for Concourse C.

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Global Energy Park Takes Shape in Golden, Colo. Next to NREL

ENR Construction

NexCore Group will develop net-zero buildings to house industry firms and research institutions at a planned cleantech innovation hub next to the federal National Renewable Energy Laboratory.

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Preparing Your Business for a New Buyer

Wolgast Corporation

Bruce has owned his business for more than 30 years and he’s ready to retire. He is five years under the retirement age and has no interested children to take over this operation. He has poured his blood and sweat into his business for most of his life. Bruce has a few options. He can close the doors, walk away, and lay off his staff of 25, he can sell the business and the building to an interested party and use the money to supplement his retirement savings, or he can find someone who wants to

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Cygnet Resources passes rope test

Construction Enquirer

Site service specialist Cygnet Resources has passed an audit to become a member of the Industrial Rope Access Trade Association. IRATA is a professional association that sets the global standards for industrial rope access. Its members provide rope access services in a wide range of industries such as construction, oil and gas, power generation, energy from waste and energy recovery.

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How ERPs Are Reshaping Efficiency in the Construction Industry

Construction companies face daily challenges, from project delays to cost overruns. But with the right ERP software, these hurdles become opportunities for growth. This in-depth study covers how companies like Bartlett-Cocke General Contractors saw an 83% reduction in cost analysis time and a 62% decrease in vendor payment processing time by adopting a Construction ERP system.

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Fluor Set for Contract to Develop Pilot Laser Fusion Power Plant

ENR Construction

Project development, estimated to occur in the early to mid 2030s, will be based on design used in the US Energy Dept breakthrough effort last December that successfully demonstrated laser fusion power with energy gain.

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How To Make Sure Your House Is In Top Shape And Ready For Any Weather

Civiconcepts

Living in a house can be unpredictable, and harsh weather conditions like strong winds, heavy rains, hail storms, and snowstorms can take its toll on the structure of your home.

Housing 52
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Global Energy Park in Golden, Colo. Will Be Cleantech Innovation Hub

ENR Construction

Public-private project to be located next to the National Renewable Energy Laboratory will include net-zero buildings, with NextCore Group contracted as developer.

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With Inflation, How Can We Help Construction Costs Stay Down?

Fieldwire

Inflation has been hard on the construction industry. The sharp rise in prices has made essential materials such as steel, lumber and insulation unaffordable for many professionals, especially independent contractors. How can you keep your construction costs down to minimize the impact of inflation? Invest in Big Data “Big data” is an umbrella term for technology that gathers large amounts of data to help business leaders make more informed decisions.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Firms Anticipate Offshore Wind Building Boom In Spain's Deep Water

ENR Construction

Acciona Construccíon S.A., Ferrovial S.A. and Bouygues Travaux Publics are among industry firms looking for international synergies in developing floating offshore wind projects in Spanish waters.

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Cover Your A$$: Real Time Quality Assurance at the Job Site

Jobsite with Procore

For as long as there have been building codes and standards, inspections have been an important part of the construction process. As a result, inspection routines are a familiar, and somewhat entrenched, part of any project’s workflow. In recent years, however, technological changes and market regulations have brought construction quality and safety issues into the spotlight.

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ENR Southeast 2023 Top Design Firms: Design Firms Expect to Build Momentum as Population Grows

ENR Construction

As the Southeast’s metro areas grow and federal dollars support infrastructure investment, design firms expect to build on last year’s successes.

Design 69
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Why Quality Is Your Biggest Referral

Jobsite with Procore

In construction, quality is everything. It’s what makes one build run smoothly, while another encounters issue after issue. Most of all, it’s what distinguishes a top-notch construction company from a mediocre one. Companies that produce the highest-quality work and continuously learn and grow will see their reputations soar and their project loads surge.

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Expert Guide to Making the Best Construction ERP Decision for Your Firm

Choosing the right ERP system is a pivotal decision for any construction company. Our buyer’s guide is crafted to provide leaders with the essential knowledge needed to make informed choices. This guide delves into the critical aspects of selecting a construction ERP, including making the right decision, building internal support, and identifying the best software for your organization.

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When every second counts—and every detail matters

BD+C

When every second counts—and every detail matters 1 kcichowicz Mon, 04/24/2023 - 10:55 The Cookson Extreme Series™ Sectional Door combines a design-forward door with a higher-speed operator in a clean-looking, high-performance package. Discover Extreme Performance.

Design 52
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Shipping Container Homes: Affordable, Durable, and Eco-Friendly

Civiconcepts

What are shipping container Homes?

Housing 98
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Colosseo Plans Makeover for Shuttered Casino-Hotel in Atlantic City

ENR Construction

Developers plan to renovate the former Atlantic Club in Atlantic City.

Plans 78