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The use of technology in construction has come a long way. Many articles have already been written about how construction has been sluggish in adopting new advancements in technology compared to other business sectors. However, more and more companies, especially small construction businesses, have been open to using technology to improve their operations.
Since fabric buildings are tensile structures, the membrane can be pulled into a three-dimensional surface for developing shading, a roof, or a decorative component. Simply put, they’re a building made of all-steel frames and tarp covers or fabric material. They’re designed with lightweight materials, unlike permanent buildings that are normally composed of steel, bricks, lumber or other materials.
6 Steps for Establishing Employee Accountability & Empowerment. hirvin. Mon, 05/16/2022 - 15:13. Do you find yourself answering calls from your team of supervisors all day, addressing stupid questions and solving small problems? They continually ask you to make simple decisions for them. It seems like they won’t do much of anything without first checking with you.
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.
Effective construction cost estimating must be done at a detailed line-item level using local market data. Learn more? [contact-form] The post Effective Construction Cost Estimating appeared first on 4BT.
Effective construction cost estimating must be done at a detailed line-item level using local market data. Learn more? [contact-form] The post Effective Construction Cost Estimating appeared first on 4BT.
The U.S. Securities and Exchange Commission last month charged Vale S.A., a publicly traded Brazilian mining company and one of the world’s largest iron ore producers, with making false and misleading claims about the safety of the Brumadinho dam including through its environmental, social, and governance (ESG) disclosures. According to the SEC’s complaint , for years, Vale knew that the Brumadinho dam, which was built to contain potentially toxic byproducts from mining operations, did not meet
In the construction industry, wood is probably one of the most popular materials used. But with technological advancements, steel has become a more viable option, especially in the agricultural field. Agripreneurs are now taking advantage of steel buildings for their agricultural projects. And since this type of structure has a lot of benefits, it’s no surprise that its popularity is on the rise.
How to Stay on Top of Temperatures, Increase Awareness & Watch for Warning Signs. hirvin. Tue, 05/17/2022 - 10:09. Several experts and organizations, including the National Oceanic and Atmospheric Administration, have predicted 2022 will be the hottest year on record. Trends show eight of the top 10 hottest years occurred in the last decade, with all 10 occurring since 2005.
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.
Valid construction cost information has a sound basis in logic or fact, reasonable, cogent, well-grounded, justifiable, and appropriate to the end in view. The “end in view” for any real property owner and their design-build partners is a well communicated, detailed scope of work, early and ongoing collaboration, and a mutually beneficial outcome.
The Securities and Exchange Commission has extended the public comment period on the proposed rulemaking to enhance and standardize climate related disclosures until June 17, 2022. As a regulation that has been described as a single act that “will change the way business and the economy function,” the ramifications of a short “notice and comment” process, should not be ignored.
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.
Cranes are essential to any major construction project, providing safe and efficient on-site transportation of heavy materials. In fact, most major construction projects would either be too dangerous or outright impossible without the help of cranes. However, the success of your construction project can only be guaranteed if you choose the right crane.
How to Identify & Drive the Right Motivators Within Your Organization. hirvin. Tue, 05/17/2022 - 11:32. Ask any construction leader what they think the most common reason for employee flight is and you will hear a common refrain: money. Between being amid an employee-driven market and within an industry that historically has landed in the lower tiers of attractiveness among younger entry-level workers, it is easy to see how leaders might garner this impression.
There is only one sole source of truth for construction cost estimating, locally researched detailed line-item unit price data and associated quantities. Any owner, designer, builder who is not observing this fact has limited cost visibility and is likely to be “off” by 30%-40% or more. Most federal government agencies incorrectly cost estimate, including the GSA, as they don’t understand this basic fact and do not have robust, organization-wide cost estimating practices.
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.
With the federal government and state of Maryland each having announced within days of each other, the mandated disclosure of greenhouse gas (GHG) emissions, we have received, maybe not surprising, many calls in the last two weeks inquiring “what are GHGs?” and “what are Scope 3 GHG emissions (. which are proposed to be a component of the SEC required disclosures but not the Maryland program)?”.
Any construction project is a complex web of targets, opportunities, challenges, and risks. While effective planning and contingency funds go a long way to smoothing over the inevitable mid-cycle wrinkles, choosing prefabricated construction techniques is almost guaranteed to further reduce delays or unforeseen challenges. Little wonder, then, that the global prefabricated buildings market will be worth an estimated $153 billion by 2026.
Maximize Project Budgets With Value Engineering. Deliver value & preserve quality using tips & insights from this suite of resources. mhodges. Wed, 05/25/2022 - 12:30. As the construction industry continues to endure the aftermath of the pandemic, project budgets continue to narrow, and preconstruction professionals are under more pressure than ever to make budgets go further.
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.
New GSG, SHG, SEC Facilities Regulations and Reporting Requirements on the near-term horizon. Is your organization ready? How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. (SEC 17 CFR 210, 229, 232, 239, and 249). “ESG- Using Environmental, Social and Governance factors to evaluate companies and countries on how far advanced they are with sustainability.
Officials at AdvanceCT say that the Nutmeg State is ratcheting up its game to convince businesses—near and far—to take their business to a better place: Connecticut.
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.
We live in an age when unprecedented amounts of information are being harvested, yet much of this data is often siloed and overlooked. Developing a coherent strategy for standardising and accurately reporting new or changing information is key for any business wanting to improve its efficiency. For construction companies, it can also significantly increase profitability and maximise legal compliance.
Assessing the Current Legality of Your Handbook Policies. hirvin. Tue, 05/17/2022 - 09:40. Employee handbooks have long been an essential workplace tool. Regardless of size, all employers should maintain a handbook. Handbooks often provide an employer’s history as well as its mission statement and guiding philosophy. They spell out the rules, what is expected of employees and what the employer will provide in return.
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