October, 2024

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A fifth of construction workers lack permanent legal status. Can the next president change that?

Construction Dive

Illegal immigration has dominated the headlines during this election season, but building pros are calling for help to get skilled workers to jobsites.

Legal 163
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How Digital Transformation Drives Success in Construction

BD+C

How Digital Transformation Drives Success in Construction 1 kcichowicz Wed, 10/23/2024 - 12:59 Learn how digital transformation boosts construction efficiency and profitability. Discover key strategies to stay competitive. The construction industry, traditionally resistant to change, is facing an urgent call to embrace digital transformation. As challenges like inflation, supply chain disruptions, and labor shortages intensify, construction companies are realizing that to stay competitive, they

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Laborers' Add Paid Maternity Benefit for Women Union Members

ENR Construction

Members will receive $800 a week in maternity benefits for a minimum of 12 weeks, union General President Brent Booker told the Tradeswomen Build Nations conference in New Orleans.

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Prevailing Wage Essentials

Construction Business Owner

Promote to rotator No Rotator Image Status of webinar Featured The knowledge to ensure your construction projects adhere to prevailing wage requirements. Thu, 11/21/2024 - 12:00 1:00 p.m. Central Prevailing wage in construction is complicated due to variations in wage rates across different regions and the diverse scope of construction projects. Understanding prevailing wage is crucial because it ensures fair compensation for workers, maintains a level playing field among contractors and promote

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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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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

Securing funding is one of the most crucial steps when starting or expanding a business. However, deciding on the right financing type can significantly impact immediate operations and future growth. As such, business owners must weigh various factors to determine the best fit between short-term and long-term funding. Read on to learn how to finance a business with either short-term or long-term financing.

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Financial Institutions Make Changes to Keep up with Technology

Wolgast Corporation

As technology changes to be more flexible and safely accessible, Financial Institutions are making changes, too. We have clients who are making the switch to Interactive Teller Machines (ITMs) so they can operate better under the current labor shortage and be more convenient for their members. The ITMs offer video operators that are highly skilled to efficiently help members virtually by operating from anywhere in the country.

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3 surprises impacting the return to the office

BD+C

3 surprises impacting the return to the office 0 qpurcell Mon, 10/21/2024 - 13:21 Office Buildings This blog series exploring Gensler's Workplace Survey shows the top three surprises uncovered in the return to the office. Janet Pogue McLaurin, FAIA, FIIDA, LEED AP BD+C, LEED AP ID+C Office Buildings Headquarters Designers Architects Industry Research Research often measures and confirms what we, as designers and strategists, may intuitively believe based on our experience and practice.

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September Jobs Report: Construction Employment Increased by 25,000

Contractor Magazine

The construction unemployment rate increased to 3.7% in September. Unemployment across all industries decreased from 4.2% in August to 4.1% last month.

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Why and When to Use Structural Insulated Panels: A True Story

Wolgast Corporation

As a Design-Builder , we take on the role of advocate for our clients and put ourselves in their shoes while carefully making design and construction decisions. What would they choose to do to effectively save money and time without sacrificing quality or building longevity? We are currently working on a building for Chippewa Nature Center that our Architect, Neil Frank, resourcefully designed using materials that would save time and money.

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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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Why Investing in Risk Management Is Essential in Construction

Construction Business Owner

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.

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Better Tools For Estimators Drive Significantly Improved Construction Cost Visibility

Job Order Contracting

Better Tools are now availalble for construction estimators to drive significantly improved contruction cost visibility. Approximately 90,000 line items with locally researched labor, material, and equipment costs are essential for superior cost visibility. Current data, available exclusive from Four BT, LLC (4Bt) offers granular, real-time insights into the actual cost dynamics specific to a project’s location.

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Essential Strategies For Sales Success In The Construction Business

Contractor Bookkeeping

In the competitive construction world, having a strong sales strategy is essential for sustaining and growing your business. A well-defined approach can increase your project pipeline and create lasting client relationships. It will give you a framework for generating leads, closing deals, and ultimately increasing revenue through nurturing existing accounts, thought leadership, and practical pricing discussions.

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7 design lessons for future-proofing academic medical centers

BD+C

7 design lessons for future-proofing academic medical centers 0 qpurcell Fri, 10/18/2024 - 08:32 Healthcare Facilities HOK’s Paul Strohm and Scott Rawlings and Indiana University Health’s Jim Mladucky share strategies for planning and designing academic medical centers that remain impactful for generations to come. Higher Education University Buildings Healthcare Facilities Designers Architects Academic medical centers (AMCs) are training grounds for physicians and destinations for leading-edge

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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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PCL Lands $300M Seattle Rail Yard Contract to Power Amtrak’s Green Future

Construction Today

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.

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Exciting New Partnership: BAE Systems and ISNetworld® in 2024

Safety Services Company

Exciting news: BAE Systems and ISNetworld® have joined forces! We are thrilled to announce that BAE Systems has joined the esteemed ranks of ISNetworld®’s hiring clients. As a pivotal player in global defense, aerospace, and security, BAE Systems’ integration into ISNetworld’s contractor management platform marks a significant step in enhancing operational excellence and safety standards across their extensive array of projects.

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Keeping Up with the Evolving Construction Industry

Construction Business Owner

Keeping Up with the Evolving Construction Industry By Matt Klemmensen, Casualty Loss Control Expert, Munich Re Specialty – North America mhodges Wed, 10/30/2024 - 08:47 The construction industry is a dynamic segment of the economy. Contracting firms must constantly adapt to changing market conditions. Shocks like the “remote work revolution” brought on by the pandemic have caused cancellations and delays to commercial office projects.

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Transform Construction Cost Estimating

Job Order Contracting

If your projects are overbudget, late, and continue to go “off the rails”, it may be time to transform construction cost estimating practices. Transform Construction Cost Estimating Traditionally cost estimates are created by either contacting local constractors or subconstractors, or by using a national average construction cost database and applying a cost factor.

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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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Mastering Leadership In Construction: From Passive To Assertive

Contractor Bookkeeping

Effective leadership is crucial for project success in the dynamically challenging construction environment. A Project Manager (PM) oversees operations, guides teams through day-to-day tasks, ensures effective communication, and maintains stakeholder alignment. As many of you, our readers and clients, are both wearing two hats - PM and Owner; it's essential to understand the advantages and disadvantages of taking on both roles.

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How to get your construction team engaged and on board with new processes

BD+C

How to get your construction team engaged and on board with new processes 0 dbarista Thu, 10/10/2024 - 09:48 Contractors Discover practical strategies to boost employee engagement and create a collaborative environment where your team feels valued and motivated to contribute to your company’s vision. Todd Dawalt, Founder of Construction Leading Edge Contractors Did you know that only 15% of employees are engaged while the rest of the 85% isn’t?

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Ribbon Cut on New PurposeEnergy Facility

PC Construction

Last week, PC joined PurposeEnergy for a ribbon cutting ceremony to mark the completion of construction for the new Middlebury Resource Recovery Center (MRRC) in Vermont. The MRRC is an industrial organic waste treatment center for converting food and beverage residuals and wastewater into renewable energy and treated water. The 2,600-square-foot, two-story facility, situated on a half-acre site in Middlebury, consists of an anaerobic digester, a generator to produce renewable electricity from d

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Showing Positive Gains: The Q2 2024 Quarterly Construction Metrics Index

Viewpoint Construction Technology

Q2 2024 was a wild ride for the construction industry! See what changes and trends impacted the construction industry to prepare for what’s next.

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

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.

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The Transformation of Construction Lending

Construction Business Owner

The Transformation of Construction Lending ccapoccia Thu, 10/17/2024 - 08:22 T he construction lending space, traditionally steeped in manual processes and human-to-human interactions, is undergoing a profound transformation thanks to the integration of technology. From streamlining workflows to enhancing transparency and reducing errors, technology is reshaping the landscape of construction finance.

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Improving Multi-Trade Construction Cost Estimates

Job Order Contracting

Improving Multi-Trade Construction Cost Estimates is critical for any CM or real property owner. Depending solely upon historical costs or subcontractor/trades quotes will not provide sufficient cost visibility or cost management capability. Leveraging current, granular, and locally researched labor, material, and equipment cost data enables CMs and real property owners to validate information, thereby improving multi-trade construction cost estimates.

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Key Questions To Help Evaluate And Operate Your Construction Business

Contractor Bookkeeping

External factors, such as economic changes or technological advances, can significantly impact whether a business will thrive or fail. The rise of sharing and gig economy apps is an excellent example. These apps gave consumers more affordable options for daily tasks and errands and provided individuals with a new way to earn money on their schedules.

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$13B overhaul of I-45 in Houston breaks ground after years of delays

Construction Dive

The controversial highway widening project, one of Texas’ largest infrastructure efforts, is expected to take 18 years to complete.

Houston 168
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How General Contractors Can Drive Growth Without Increasing Headcount

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.

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Future Leaders Gather for Learning and Team Building

PC Construction

Last week, 15 participants in PC Construction’s Leadership Development Program (LDP) gathered in Charlotte, North Carolina, for their annual Academy. Hailing from Maine, New Hampshire, Vermont, DC, North Carolina and Florida, the LDP engineers kicked things off with some team building at the U.S. National Whitewater Center. They worked together to complete a variety of challenges that required communication, problem solving and a lot of balance!

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How Procurement and Payment Automation Can Make You Everyone’s Favorite Customer

Viewpoint Construction Technology

Learn how to eliminate missed payments and keep your suppliers happy by automating your procurement process.

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CBO on the Road: Caterpillar

Construction Business Owner

CBO on the Road: Caterpillar ccapoccia Thu, 10/10/2024 - 14:51 In August, I had the opportunity to attend Caterpillar’s launch celebration for eight next-generation skid steers and compact track loaders. Construction trade press members, as well as industry influencers, were invited to the to the Edwards Demonstration & Learning Center in Peoria, Illinois, for a day of machine demonstrations, educational sessions, operating opportunities and interviews.

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