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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.
3 Ways Contractors Can Mitigate the Risks Tied to Price Increases. hirvin. Mon, 04/25/2022 - 10:11. “ Escalation, escalation, escalation,” is all I hear from clients and colleagues as they leave their Zoom screens and return to conferences and conventions. In summer 2020, the world saw how COVID-19-related disruptions affected global production and the supply chain.
Commercial Construction is beginning to take off. Take a look at some projects we are kicking off or just finished. Olive Garden, Delafield, WI. One sector of Englewood Construction’s disciplines hit the hardest during the pandemic was the restaurant and food service industry. We are so fortunate to have so many restaurants under way nationally with more on the way.
Commercial Construction is beginning to take off. Take a look at some projects we are kicking off or just finished. Olive Garden, Delafield, WI. One sector of Englewood Construction’s disciplines hit the hardest during the pandemic was the restaurant and food service industry. We are so fortunate to have so many restaurants under way nationally with more on the way.
Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Unit price construction cost estimating is the foundation of every reliable cost determination.
If you’re relatively new to the construction industry, you’re sure to hear plenty of terms that leave you scratching your head. If you’ve recently come across the term “punch list” or “ snagging list ” and you’re wondering exactly what it is (and what to do with it), you’ve come to the right place. Today, we’ll be taking you through everything you need to know about the punch list, from its definition to its layout to its common uses.
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.
2022 Construction Cost Changes. Cost changes you need to know for key construction materials, labor & equipment. Greg Ragsdale. Wed, 04/06/2022 - 10:36. Material price hikes. Supply chain bottlenecks. Skilled labor shortages. The construction industry has never seen anything like the past two years — and it’s showed in the cost of construction work.
We posted some weeks ago when the U.S. Securities and Exchange Commission issued a long awaited proposed new ESG rule to mandate climate risk disclosures by public companies and other businesses in their supply chains. You could read the proposed rule that takes more than a ream of paper to print or read our 600 word post, SEC Climate Risk Rule is Transformative at a Cost.
Getting the most out of available funds requires LEAN Job Order Contracting. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are. based on a fixed price per item (per a locally researched detailed unit price book, without “assemblies” or “systems”) and the coefficient / adjustment factor submitted by the contractor for the. contract term.
Managing a construction project isn’t easy. From coordinating with clients to organizing contractors to liaising with material providers, projects can quickly spiral out of control with poor organization and planning. As a construction executive, it’s your job to keep all of these plates spinning at once. Without an effective project management tool, this probably means a whole lot of emails, spreadsheets, notebooks, and, perhaps most importantly, mental energy.
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.
Construction is a dangerous job, but contractors that take Construction Safety seriously can see an ROI boost with lower costs and healthier employees.
How Project Managers Can Promote Principled Approaches & Better Project Results. hirvin. Mon, 04/25/2022 - 11:04. B usiness ethics and corporate social responsibility are not new, but with ever-increasing public scrutiny of business practices and their impact on social and environmental welfare, these concepts have taken on profound importance in the modern business environment.
With legislation that became law last week, without the Governor’s signature, Maryland has enacted the most rigorous state law in the country reducing greenhouse gas (GHG) emissions and otherwise addressing ESG stewardship including climate change. Businesses can and should treat this as the greatest opportunity and responsibility of our time. Literally resetting the trajectory of Maryland, making sweeping changes to the Old Line State’s already tough climate change laws, among other things, Sen
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.
Road Map. JOC Program Planning – Tools and Services Evaluation and Selection (Unit Price Book, Services, Technology). JOC Construction RFP Planning and Procurement – Program Contract Organization, Documents/Bid Packages/Forms/Checklists/Approvals, Roles in Construction Projects, and Contractor Selection. Program Portfolio Management. Contract Management.
Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage is a long-standing practice in the industry that can make life challenging for construction workers.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
5 Common Incorrect Theories That Permeate & Poison the Industry. hirvin. Mon, 04/25/2022 - 13:31. “ Luke, I am your father.” Surely, even without the added effect of the box fan modulating the intonation, we’ve all heard this phrase uttered by the insidious Darth Vader. Or have we? If you ask even the best Star Wars fan, you might hear this famous movie quotation misquoted.
Last Monday the NFL announced at the owners meeting that it had approved adjustments to the Rooney Rule, first adopted in 2003, “to enhance opportunities for people of color and women for nearly all league and team jobs.”. As companies, most that are far afield from the NFL, look to have a positive impact on the world, in increasing numbers addressing ESG governance factors, many businesses are striving to address inequality, including matters of unequal access, historical racism, gender discrim
Key STRATEGIC COOPERATION requirements for efficient Facilities Management and the associated numerous and ongoing repair, renovation, maintenance activities include a focus upon LEADERSHIP and COLLABORATION… Strategic Collaboration. This fact has been substantiated by quantitative evidence. Unfortunately, the leadership and commitment required to implement CHANGE MANAGEMENT is a barrier for 99.9999% of organizations.
Digital technologies and methodologies are changing how construction professionals work. Earlier this year, Marzia Bolpagni of Mace introduced five key concepts that those in the industry need to master to stay relevant and competitive in the future. We’ll cover those five concepts and leave you with some resources to start sharpening your construction skills for Industry 4.0. 5 key building and construction skills to master in 2022.
For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.
Free White Paper: Written Safety Plan FAQs. Get answers to your top construction safety plan questions. Greg Ragsdale. Fri, 04/08/2022 - 12:07. Construction workers are exposed to serious hazards and situations on a near-daily basis, making detailed safety plans all the more necessary. But how often should you be updating these plans? And how can you make them accessible to all employees when your workers aren’t always tethered to a single jobsite?
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