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Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. While we do our best to provide budget estimates that are as accurate as possible, there are inevitably times when projects bids come in higher than the client expected, or that unanticipated costs push the job over-budget.
The construction industry is comprised of numerous tools and equipment that are used for some heavy-duty work. Regular maintenance is necessary but you must also know when it is time to upgrade the equipment. Read on to know more. What Happens When Equipment Fails? Equipment is constantly being used in the construction business. This makes it critical that you inspect the construction equipment regularly so that they perform at their maximum potential every single time they are used.
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.
As the end of the summer approaches, many contractors still find themselves busy with seasonal jobs and many face a backlog of work. We know it’s a hectic time for many of our customers. Even if you’re busy, we recommend taking a look at this month’s top headlines in construction news, especially since some pertain to seasonal safety and the industry’s labor market.
Sometimes the summer season is a time of reflection, and self-improvement. So how can you improve your marketing skills in the construction industry? We have 3 tips for improving your marketing skills : become a Construction Marketing Association (CMA) member; buy the book, Tools of the Trade–Modern Marketing for Construction Brands ; and get professional marketing certification!
Sometimes the summer season is a time of reflection, and self-improvement. So how can you improve your marketing skills in the construction industry? We have 3 tips for improving your marketing skills : become a Construction Marketing Association (CMA) member; buy the book, Tools of the Trade–Modern Marketing for Construction Brands ; and get professional marketing certification!
On July 11 the Green Building Initiative launched the Green Globes Multifamily for New Construction and Green Globes Multifamily for Existing Buildings. While certainly there is a market in developers of newly constructed multifamily buildings, spending on multifamily construction was more than $61 Billion in 2017, being 18% of all new residential construction spending, up from just 7% in 1993; the sweet spot of these new green building rating systems is anyone looking for a green building disco
Capturing accurate equipment information is a challenge that many contractors face. Data collection and analysis has traditionally been a manual process, and many times information would slip through the cracks leading to equipment being poorly maintained, overused or even retired before necessary. For firms engaged in heavy construction work, maintaining a healthy equipment fleet is both vital for project success as well as being one of the largest capital expenses.
BIM isn't a turnkey solution, a Yates executive says, but there's potential payoff for contractors that coordinate all the people, software and processes involved.
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.
There is good safety signage, bad safety signage and those that don’t tell you anything. An example of a “bad safety signage” is shown to the right. Notice the horrible placement and lack of context on the sign itself. Historically, the foundation for “good safety signage” contains symbols with few or no words, with the words or symbols being placed so they make sense to a person seeing the sign for the first time.
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.
There are good safety signs, bad safety signs and those that don’t tell you anything. An example of a “bad safety sign” is shown to the right. Notice the horrible placement and lack of context on the sign itself. Historically, the foundation for “good safety sign” contains symbols with few or no words, with the words or symbols being placed so they make sense to a person seeing the sign for the first time.
Up to 66% of the day on a construction-site is dedicated to anything but actual building work. These are the alarming findings of the latest construction research conducted by Aarhus University in Denmark. As reported by the National Danish Broadcasting Corporation (DR), the researchers followed craftsmen in renovation projects on four different construction sites for.
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.
Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
Triple Five told media last week it will have around 3,000 pairs of boots on the ground this fall to ensure the $5 billion American Dream Meadowlands opens early next year as planned.
We know you want to come to our Collaborate 2018 conference. After all, it’s quickly becoming one of the construction industry’s premier events. We understand you are anxious to learn tons of new construction management software skills in sessions based on your role , network alongside others in the industry, hear the latest industry trends and best practices from leading industry speakers and explore Portland in October.
As America celebrated National Bourbon Day on June 14, downtown Louisville also celebrated the highly anticipated grand opening of the Old Forester Distillery. This event is also touted as a triumphant return of America’s first bottled bourbon in continuous production by the same family before, during and after the Prohibition to the Whiskey Row.
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.
A critical role of a Owner JOC Program Manager is the ability to review and negotiate JOC Contractor Estimates. This is true for all Public Sector Owners, Federal/State/County/Municipal, Transportation Agencies, Healthcare, Education… as it is their fiduciary responsibility to assure that funds are being allocated as efficiently as possible with respect to associated repair, renovation, or minor new construction projects.
The International Code Council will decide this fall whether to support construction of timber buildings up to 18 stories high amid an industry tug of war on the safety of tall wood structures versus concrete or steel.
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