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Building construction is an ever-evolving industry, and staying up to date with the latest trends is crucial for success. In this listicle, we explore five key trends that are shaping the future of building construction in the United States. As environmental concerns grow, sustainable construction practices are gaining momentum, and attention. Green building materials, energy-efficient designs.
Exploring Contractual Risk Transfer in Construction ccapoccia Wed, 11/08/2023 - 10:12 Every commercial or residential building, no matter how unassuming its appearance, is the culmination of collective endeavors by designers and proficient tradespeople. Carpenters, masons, electricians, plumbers, drywallers, roofers and numerous other skilled individuals work in collaboration to ensure that the building functions as a contemporary, sturdy and secure structure.
The practice helps longtime employees learn tech and communication skills, while newer workers gain valuable insight from experienced colleagues, according to a Suffolk project manager.
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.
If you have been lucky enough to encounter generous people, you understand they have a unique gift for garnering the respect and admiration of individuals around them. When you are a leader, having a positive relationship with the people who follow you is a huge asset you cannot put a price on. In the construction business, generosity and helpfulness are two fundamental traits that can make a business successful.
A critical component of Integrated Project Delivery is objective, verifiable, granular local market cost data and and associated and an associated detailed scope of work (SOW) fully communicated with and agreed to by all participants and stakeholders. While IPD has been marketed as an improvement to traditional construction delivery methods (Sutter Health, etc.) and clearly demonstrated obvious benefit, the process has not been maximized.
In the world of commercial building design, the choice of materials plays a crucial role in shaping both the aesthetics and efficiency of the final structure. From the exterior cladding to the interior finishes, the materials used can have a significant impact on the overall functionality, sustainability, and visual appeal of the building. Keep reading as we take a deep dive into some of the most trending materials on the market that seamlessly balance the delicate line between efficiency and ae
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.
Over the last few years, Englewood Construction has been involved in several flagship store and brand expansion projects with our national retail, fitness, and restaurant clients. These types of commercial construction projects are very important to the growth of their brands and offer many opportunities for our national contracting team to apply our experience and know-how to ensure a successful completion.
Some suppliers of Job Order Contracting software and cost data use “Assemblies” within what is supposed to be a unit price book (UPB). A fundamental element is Job Order Contracting (JOC) is line item estimating which involves breaking down the cost of construction into discrete, granular tasks, each item representing a specific material, labor, and equipment components.
Construction Industry Stats for August 2023 ccapoccia Fri, 11/10/2023 - 14:57 The Construction Business Owner team compiles statistics each month from several sources, including the American Institute of Architects (AIA) and the United States Census Bureau, to give you a better understanding of the current state of affairs for the construction industry.
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.
The construction industry is no stranger to big changes. Whether it’s the proliferation of BIM, the shift to digital plans and documents over paper, or the rise of mobility and cloud collaboration, transformation has been part of the industry’s DNA over the last few decades. Every big change has certainly come with its challenges, but the construction industry has successfully overcome these pain points to advance processes and achieve new levels of efficiency.
I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to move West by wagon train, horse, or on foot. I am grateful for them! I think about my Grandparents and my Great Grandparents.
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.
Sustainable public sector facilities management is long overdue. Rampant economic and environmental waste remains the norm regarding lifecycle management of public sector physical infrastructure. The pervasive lack of integration of Planning, Procurement, and Project Delivery teams with robust, standardized processes continues to prevent public sector facilites portfolio owners from efficient execution of repair, renovation, maintenance, or new build projects required to both support their orga
What Contractors Should Know About the Build America, Buy America Act ccapoccia Thu, 11/09/2023 - 11:03 Battling back from the Great Depression, the Hoover administration passed the “Buy American Act” in 1933. The basic premise of the law was to revive and bolster the economy by requiring U.S.-sourced iron and steel mined or produced in the U.S. to be used in projects for the federal government.
A client asked recently for some advice on Jobcost coding. Should they just have a 1:1 relationship between Contract Items and JobCost Phases? What are best practices for setting up the Phase Master list? While there’s no single right answer for all contractors, here are some guidelines based on our more than 25 years of construction consulting experience: The strategy for building useful and meaningful Jobcost phase codes is one of the most important decisions a company faces when setting
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.
21 New Integrations for Autodesk Construction Cloud Construction companies produce an immense amount of data every day; but are firms actually leveraging this goldmine of insights? New research from Deloitte Access Economics , commissioned by Autodesk, suggests there’s work to be done here. Today, only 20% of construction firms identify as data leaders, with the remaining 80% reporting either beginner or emergent levels of data capabilities.
STOP using ACFs – The inherent flaws of Area Cost Factors There are multiple false assumptions associated with Military Construction Budgeting and Area Cost Factors. As a result, more than 40 years after the introduction of area cost factors (ACFs), the Department of Defense (and the Federal Government in general) is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) and/or time-based cost varian
Making Moves: Revitalizing Your Fleet ccapoccia Fri, 11/03/2023 - 08:59 Compact excavators are nimble and versatile, navigating tight spaces and digging with precision. They are the unsung heroes of confined spaces. But as projects evolve, so do jobsite demands.
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.
The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas with. If you're looking to network with construction industry professionals, there are several ways to do so. 1. Attend industry events: Look for construction industry conferences, expos, and trade shows in your area.
Owners are faced with rising pressure in today’s construction landscape with project risks and costs at an all-time high. Acquiring capital is getting more expensive with rising interest rates. Beyond that, the cost of building facilities is increasing. Data from Oxford Economics indicates that 82.5% of construction materials experienced a significant cost increase since 2020.
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