Mon.Aug 05, 2024

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ENR 2024 California & Northwest Top Contractors: West Coast Builders Face Uncertainty, Shifting Priorities

ENR Construction

While infrastructure and tech-focused sectors show steady growth, interest rates and lingering pandemic effects dampen outlook.

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CBO's Experts Reflect on the Past, Present & Future of Construction

Construction Business Owner

CBO's Experts Reflect on the Past, Present & Future of Construction ccapoccia Mon, 08/05/2024 - 13:37 1. As Construction Business Owner celebrates its 20th anniversary, what do you believe has been the most significant development or transformation in the construction industry over the past two decades?

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Fluor expects growth in data center, semiconductor construction

Construction Dive

The Irving, Texas-based firm secured $3.1 billion in new awards during the second quarter, driven by manufacturing and life sciences projects.

Texas 158
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Why Commercial Developers and Tenants Choose Englewood Construction

HardHatChat

Selecting the right national commercial construction general contractor is a critical decision that can significantly impact the success of your construction project. Over the past 20+ years, with 2500 completed commercial construction projects, Englewood has learned that it takes more than a great price to win a bid. Our national retail, restaurant, hospitality, senior living, industrial, and automotive clients are very clear about what factors they look for when it comes time to award a projec

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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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Turner-Walsh JV breaks ground on contested, $800M Northwestern University stadium

Construction Dive

The new Ryan Field in Evanston, Illinois, will have 12,000 fewer seats, allowing it host smaller events in addition to football, but some local residents are fighting it.

Illinois 148

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Tutor Perini sees ‘major project opportunities,’ but settlement drags down profits

Construction Dive

The heavy civil contractor says demand for megaprojects is higher than the number of contractors qualified to bid on them, but disputes continue to make it risky business.

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BART Silicon Valley Extension Gets $5B Federal Grant Commitment

ENR Construction

Santa Clara Valley Transportation Authority (VTA) needs to fill a $700-million funding gap to secure the grant for the 6-mile BART extension.

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Marriott to emphasize conversions over new builds, CEO says

Construction Dive

The hospitality company is scaling back on new projects largely due to the high cost and complex financing involved in ground-up construction, according to its second quarter earnings call.

Finance 141
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ENR California 2024 Contractor of the Year: Pinner Builds On Its Record of Reliability

ENR Construction

ENR California’s Contractor of the Year has found success through teamwork and specialization.

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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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3 essential advantages AI is delivering to quality teams

Construction Dive

When safety, cost, schedule and performance are on the line, quality teams need every advantage they can get. AI can help.

Schedule 135
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Providing Safe, ‘Sound’ Transit in the Emerald City

ENR Construction

As major projects begin wrapping up under the current program, an evolving agency gears up for the next $54-billion stage.

74
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New York transit chief paints grim picture for MTA without congestion pricing revenue

Construction Dive

As the Metropolitan Transportation Authority deals with the financial fallout from the congestion pricing pause, advocates filed two lawsuits seeking to overturn Gov. Kathy Hochul’s decision.

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Clarity but not closure from landmark Supreme Court decision

Construction Law

Barry Hembling of Watson Farley & Williams LLP reports on a landmark supreme court ruling that provided the first strong guidance on what constitutes a construction contract for adjudication purposes. Unresolved issues might generate satellite litigation, he warns. This story is only available to subscribers to the printed edition of Construction Law.

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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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How Big is the Construction Industry in the USA: Market Analysis

Building Radar

The construction industry plays a pivotal role in the US economy, representing a significant portion of the nation’s GDP. Understanding its size, scope, and economic impact provides valuable insights for stakeholders, investors, and policymakers alike. In this article, we will explore the current state of the construction industry in the USA, examining its market size, key drivers, and future outlook.

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Construction Law Aug/Sept 2024

Construction Law

Editor’s comment Construction needs longer public sector spending plans time horizon Editor Nick Barrett welcomes recommendations in a new report that government introduces longer term planning horizons for public sector investments. News Our regular news round up focusses on a National Audit Office report into the costs of scaling back the HS2 project; the Environment Agency blaming years of under investment for water sector problems; and a £3 million fine for fatal accident safety failings.

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What is the Top Construction Company in the World: 2024 Rankings

Building Radar

The construction industry is home to numerous leading companies renowned for their scale, expertise, and impact on global infrastructure. Among these giants, a few stand out for their impressive achievements and influence. In 2024, the top construction company in the world is China State Construction Engineering Corporation (CSCEC). China State Construction Engineering Corporation (CSCEC) Overview China State Construction Engineering Corporation (CSCEC) is the largest construction company in th

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England and Wales High Court (Technology and Construction Court) Decisions: July 2024

Construction Law

Decisions of the Technology and Construction Court of the English and Wales High Court for July 2024. Supplied by BAILII, The British and Irish Legal Information Institute. Click on the case title to read the full decision on the BAILII website.

Legal 52
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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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What is ‘General Conditions’ in a Construction Contract: Key Components Explained

Building Radar

Understanding the term “”general conditions”” is crucial for all parties involved. These conditions lay the groundwork for how a project will be managed, defining the responsibilities and expectations of both the client and the contractor. This comprehensive guide explores what general conditions entail, their importance, and how they influence construction projects.

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The Heart of the Building Safety Act 2022: Leaseholder Protection

Construction Law

Chris Bryden and Daniella Adeluwoye of 4 King’s Bench Walk explain the impact of a decision from the First-tier Tribunal confirming that there is a discretion rather than an obligation to make a Remediation Order where the relevant criteria are made out, potentially making it harder for applicants to succeed in obtaining such orders. This is a new and developing area of law however, so watch this space.

Safety 52
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What is the Largest Construction Project in the US Currently: An Overview

Building Radar

The landscape of construction in the United States is constantly evolving, with numerous ambitious projects underway. Identifying the largest construction project currently ongoing provides insight into the scale of modern infrastructure and development efforts. This article explores the biggest construction projects in the US, their significance, and the impact they have on the industry.

US 52
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Technology in construction disputes – managing data and proving claims

Construction Law

Chiara Pieri and Zosia Zakrzewska of CMS update an article on Technology in Construction Disputes – Managing Data and Proving Claims ( CL Vol 33 No 7), analysing the impact of AI, improved construction data management technology and new legal tech tools on construction disputes. This story is only available to subscribers to the printed edition of Construction Law.

Claims 52
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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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Best Practices in Construction Supply Chain Management: Strategies for Success

Building Radar

Effective supply chain management is crucial for the success of construction projects. It ensures that materials and resources are available when needed, optimizing efficiency and reducing costs. As the construction industry continues to evolve, adopting best practices in supply chain management becomes increasingly important. This article outlines these best practices, providing actionable insights for managing the complexities of construction supply chains.

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The DPA 1972 landscape post Vainker v Marbank Construction

Construction Law

Georgia Whiting and Gabriela Trinanes of Ardmore examine a case that they find provides essential reading for those grappling with a range of issues thrown up by the extended limitation periods pursuant to the Building Safety Act 2022. Uncertainty remains over the scope and extent of extended liability under the Defective Premises Act 1972 , they warn.

Georgia 52
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What are ‘As-Built Drawings’: Importance and Usage in Construction

Building Radar

As-Built drawings play a crucial role in documenting the completed state of a project. These drawings reflect the exact dimensions, locations, and specifications of all elements as they were constructed, providing a comprehensive record of the final product. Understanding as-built drawings is essential for professionals involved in construction, renovation, and facility management.

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Construction Law Guide to: Project Bank Accounts

Construction Law

Our CL Guide comes from Ross Campbell of DLA Piper who explains how Project Bank Accounts are being used. Public sector use is growing but the private sector might need the spur of legislation to promote their uptake, he suggests. This story is only available to subscribers to the printed edition of Construction Law. If you have a subscription please log in to read the rest of the story.

Banking 52
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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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What is the Future of Automation in Construction: Emerging Trends and Technologies

Building Radar

The future of automation in construction promises to revolutionize the industry, bringing enhanced efficiency, safety, and innovation to the forefront. As technology continues to advance, automation is becoming an integral part of the construction process, from planning and design to execution and maintenance. This article explores the emerging trends and technologies shaping the future of automation in construction, offering comprehensive insights and practical solutions for industry profession

CMAA 52
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Skill shortages and planning reform at the heart of problems facing infrastructure

Construction Law

Infrastructure procurement looked like enjoying a bit more favourable attention under the new government than it has since the introduction of the austerity programme of former prime minister David Cameron and his chancellor George Osborne some 14 years ago. Is this early promise already being eroded? This story is only available to subscribers to the printed edition of Construction Law.

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Construction Procurement Optimization Strategies: Enhancing Efficiency and Reducing Costs

Building Radar

Procurement plays a crucial role in determining project success. With rising material costs and tighter schedules, optimizing construction procurement strategies is essential for enhancing efficiency and reducing costs. This article delves into effective strategies that construction professionals can implement to streamline procurement processes and achieve better project outcomes.