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Why Investing in Risk Management Is Essential in Construction ccapoccia Tue, 10/15/2024 - 22:02 Risk management has emerged as a vital pillar for success in the unpredictable world of construction. With countless hazards and uncertainties, companies must navigate these threats quickly and effectively. It’s already difficult to stay safe on construction sites, but with tight deadlines, budget constraints and lack of training, the risk only increases.
PCL Construction, a Canadian firm with US headquarters in Denver, has secured a $300 million contract to modernize Amtrak’s King Street Yard in Seattle. Funded by the Infrastructure Investment and Jobs Act (IIJA), the project aims to enhance Amtrak’s maintenance capabilities and support the new Amtrak Airo trains, set to begin service in 2026.
Your Checklist for Succession Planning Success ccapoccia Tue, 10/15/2024 - 20:49 M arcum recently published the 2024 edition of its annual construction industry survey. Every year, industry leaders respond to questions on everything from the top issues keeping them up at night to emergent trends. Marcum then collates, analyzes and distributes the results, shedding light on the thought processes of industry leaders.
Illegal immigration has dominated the headlines during this election season, but building pros are calling for help to get skilled workers to jobsites.
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.
Managing Cash Flow During the Slow Season ccapoccia Tue, 10/15/2024 - 21:09 T he very mention of fluctuating cash flow can cause anxiety for construction company owners. Without sufficient planning for a slow season, even seasoned businesses may find themselves in a cash crisis from time to time. While weather can be an obvious culprit for midsized general contractors — particularly those in nonresidential construction such as commercial, road and highway, or heavy construction — a slow season c
The Right Partnership Can Leverage Software to Improve Operations ccapoccia Tue, 10/15/2024 - 21:30 T he construction industry continues to rise to new heights, even in the face of shifting foundations.
The city of Corpus Christi picked the firm to design and build its first seawater purification system, expected to cost at least $750 million, in order to drought-proof its water supply.
Enhance Business Performance Through Team Well-Being ccapoccia Tue, 10/15/2024 - 21:14 T he well-being of team members is not a luxury — it’s a necessity. As someone who has spent years in leadership roles in human resources, I’ve come to understand that our people are our greatest asset. Their health, happiness and overall satisfaction directly impact our company’s performance and longevity.
Hurricane Helene, one of the deadliest storms to hit the US mainland since Katrina in 2005, left a trail of destruction across the Southeast. The Category 4 storm damaged critical infrastructure, including roads, bridges, power grids, and water systems. With Hurricane Milton looming, recovery efforts from Helene are not only about repair but also preparation for what comes next.
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.
Effective Fall Protection Methods for Dynamic Jobsites ccapoccia Tue, 10/15/2024 - 21:38 Every year, the same hazard reigns supreme as the leading cause of injuries and fatalities in the construction industry: falls from heights. The U.S. Bureau of Labor Statistics reports nearly 450,000 occupational injuries related to falls annually, and those result in about 1,000 deaths.
The US commercial building construction market is a massive and competitive landscape, with several leading companies dominating the sector. Understanding the largest players in this market is crucial for stakeholders, including contractors, suppliers, and investors. The commercial construction sector includes office buildings, retail spaces, and industrial facilities, and knowing who the major companies are can provide insights into market trends and opportunities.
Digital Threats Lurk Around Every Corner. Do You Know How to Stay Safe? ccapoccia Tue, 10/15/2024 - 21:49 F or the construction industry — long plagued by lagging productivity — the growing availability and accelerating adoption of technology have been hugely beneficial. In fact, improved productivity has been only one of the advantages. Construction’s tech-driven transformation has been marked by improved safety; better collaboration and communication; cost reductions; smarter and more efficien
Facility Condition Assessment Data Can Help Reduce Carbon Footprint 1 kcichowicz Tue, 10/15/2024 - 10:59 Facility condition assessments provide powerful insight into your buildings and offer an ideal vehicle to advance resiliency and decarbonization goals. This combined data is key to making informed decisions that can reduce your carbon footprint. The increasing impacts of climate change are driving a global urgency for carbon neutrality.
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.
New Coach, New Day ccapoccia Tue, 10/15/2024 - 20:27 in many privately held construction organizations, the tenure of the leadership/ownership team is usually positioned for a long In many privately held construction businesses, leadership is poised for a long reign. When that leader or group retires or exits the business, there may be growing pains experienced on both side of the house.
In recent years, mass timber has emerged as a sustainable alternative to traditional building materials such as steel and concrete. Offering both environmental and economic benefits, this innovative material is revolutionizing the construction industry. One key player advancing this trend is Swinerton, a California-based general contractor with a strong commitment to sustainable development.
With 27 years of experience at the Massachusetts Port Authority, Cassandra Campbell brings a plethora of skills in diversity, management and logistics.
The tech giant follows Microsoft in spinning up nuclear energy, with plan to build up to seven small reactors at yet-to-be-announced sites across the country.
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The technology giant follows Microsoft in spinning up nuclear power to support AI-focused data centers, with plan for up to seven small nuclear reactors at yet-to-be-announced sites across the U.S.
The Clear Vision of Confidence 1 kcichowicz Tue, 10/15/2024 - 11:57 Safeguard building occupants and their peace of mind with our proven, high-performance products that provide security in plain sight. Learn more at us.allegion.com/indication.
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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When MiraCosta College set out to transform the 27-acre eastern portion of its campus, it sought a solution that would reflect its mission to foster the success of its students within a caring and equitable environment.
Architects play a pivotal role in determining which building products make it to their designs in the construction. Understanding what architects prioritize when selecting building product manufacturers is essential for manufacturers aiming to secure a spot in their projects. Architects seek products that not only meet functional and aesthetic requirements but also adhere to sustainability standards and deliver reliable performance.
Not only is Interstate 405 one of the busiest highways in the nation, but the 16-mile section of it in Orange County, Calif., runs through nine cities or communities and at an angle through the urban landscape.
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.
The US commercial building construction industry is a vital component of the national economy, representing a significant sector with a diverse array of projects ranging from office buildings and shopping malls to schools and hospitals. The distribution of market share within this industry reveals critical insights into the competitive landscape, identifying key players and emerging trends that shape the construction market.
One of Southern California’s largest energy storage systems is now operational, providing clean power and improved grid resiliency across southwest Los Angeles.
Understanding the construction market size report is crucial for industry stakeholders, including investors, contractors, and manufacturers. This report provides insights into the current state and future outlook of the construction market, detailing various segments and geographic distribution. It serves as a valuable tool for companies looking to make informed business decisions, assess market opportunities, and strategize for growth.
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