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 164
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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.

Union 100
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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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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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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.

Finance 274

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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.

Office 105
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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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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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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.

Risk 375
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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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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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$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 169
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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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6 Commercial Construction Trends: A Biz Dev Perspective

HardHatChat

As a National General Contractor, Englewood has a front-row seat to the opportunities and challenges facing the commercial construction industry. I recently sat down with Kim Sawyer and Tina McGrath, two of our experienced Business Development team leaders, to gain their perspective on what they’ve learned from talking to our existing and potential retail, restaurants, automotive, senior housing, and hospitality clients.

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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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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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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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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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Construction job openings leap monthly by record amount

Construction Dive

After several months of cooling, which experts speculate was mostly confined to the residential sector, unfilled positions increased by 138,000 in August.

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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

Design 105
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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.

Seattle 105
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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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Unmasking Halloween Horrors: Small Business Safety Nightmares

Construction Business Owner

Unmasking Halloween Horrors: Small Business Safety Nightmares ccapoccia Fri, 10/25/2024 - 10:51 As Halloween approaches and the crisp autumn air settles in, there's a sense of eerie excitement that fills the air. But for small business owners, this season can also bring about a different kind of fear — safety nightmares that haunt their daily operations.

Safety 384
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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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Connecting Procurement and Payment: The Key to Streamlining Your Construction Business

Viewpoint Construction Technology

Learn how connecting your construction procurement and payment can help your team stay in the black and increase productivity and profits.

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Apprenticeships help workers see construction as their first choice

Construction Dive

To combat the labor shortage, John Mielke, senior director of apprenticeship for ABC, says contractors need to provide more on-ramps to careers in the industry.

ABC 163
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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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Overcoming Solo Contractor Challenges: How MAP Can Simplify Operations

Contractor Bookkeeping

Does this sound like you? Maybe you started your company with a few friends and relatives as your earliest clients, and you thought your overhead expenses would be low since you worked out of your home. You made a decent living for yourself, hired a few sub-contractors per project, paid your suppliers, and earned a profit—at least that is what your tax preparer said.

Overhead 117
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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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Start Your Annual Sales Planning for Next Year’s Sales Success

Construction Business Owner

Start Your Annual Sales Planning for Next Year’s Sales Success ccapoccia Thu, 10/10/2024 - 22:34 For construction organizations, end-of-year planning is a crucial time. It’s a time when leadership, operations, sales and marketing can come together to plan for next year’s sales success. This article outlines what a good plan looks like and offers key steps to develop and implement the plan.

Plans 383