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The U.S. Environmental Protection Agency announced last Thursday retroactively beginning March 13, 2020, a temporary policy regarding EPA enforcement of environmental legal obligations during the COVID-19 pandemic. EPA’s admittedly unprecedented temporary “enforcement discretion policy” applies to civil violations during the COVID-19 outbreak as a response to the deleterious effect on a wide variety of businesses.
Having a family-owned construction business in times of uncertainty, we spent many sleepless nights wondering how we were going to make payroll. Where would our next job come from? Would it be profitable, or would something terrible happen to cause us to go bankrupt? If your company relies on material suppliers in various geographic locations, it's likely that at some point, your construction business will face a supply chain disruption.
Contractors should look to predictive models to help plan for getting back to work after the COVID-19 crisis abates, which could be in just over a month, according to a presenter at a recent DBIA webinar.
How to Help Your Employees Cope with the Stress of COVID-19. Elizabeth Manning. Wed, 04/01/2020 - 09:46. Construction is a people business built on healthy relationships and partnerships. Human capital risk management holds that employees are the primary asset of companies. Companies that truly care for workers yield a sustainable competitive advantage from building a caring culture.
Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.
INTRODUCTION – Discussions about and implementing LEAN construction require consideration of a holistic approach involving multiple phases… Planning, Procurement, and Project Delivery, as well as the integration of People, Process, Information, and Technology. All of the requisite tools for implementing LEAN construction planning, procurement, and project delivery are readily available, and there are major benefits for organizations that are successful in doing so.
Promote to rotator No. Rotator Image. Status of webinar Featured. Exploring the software essentials that push profits & productivity. Thu, 05/07/2020 - 12:00. 2 p.m. EDT. Whether you self-perform or manage subcontractors, you need access to accurate, timely information so you can make the strategic decisions that will move your projects—and your business—forward.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
When the world returns to normalcy, inevitably there will be questions about schedule delays and a scramble for labor, materials and equipment. Your company can stay ahead of the curve by taking action now, an expert explains.
Connected Construction: Eliminate Silos, Improve Collaboration & Increase Project Success. Don’t let disconnected systems & poor communication cut into your profits. Greg Ragsdale. Fri, 04/03/2020 - 07:37. Discover how you can remove the barriers to communication and collaboration—leading to more on-time, on-budget project deliveries. Download the white paper now.
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.
What are the responsibilities of a project manager in construction? Planning. Hire, fire and supervise. Set goals. Deliver on time. Stay on budget. Keep client and your boss on the loop. The dispute manager. Draft contracts. Manage risks. Not all construction project managers know what they do all the time. Sometimes, they get too overwhelmed with so many tasks and with the multiple stakeholders they have to communicate with.
11 Ways AP Automation Can Improve Your Workday in Construction. Learn how liberating your AP increases visibility, improves security, expedites the approval process, and more! Greg Ragsdale. Thu, 04/02/2020 - 08:22. Skylines are changing, and around every corner a new construction project is underway. Companies need to be more efficient, spend wisely and allocate resources strategically to get jobs done.
Can construction continue safely within CDC guidelines? In some instances, it can’t, but in many cases, it can — and it should, writes Associated Builders and Contractors' Greg Sizemore.
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.
Should You Increase Sharing-Economy Spending in 2020? Elizabeth Manning. Thu, 04/02/2020 - 14:42. In the current economic climate, many construction contractors are looking to the sharing economy to increase their heavy equipment value, according to ARA.
Using cameras onsite, contractors can enact a virtual safety net to document when workers are moving within 6 feet of each other, Smartvid.io's CEO said.
Generative AI is already transforming how the construction industry operates. This concise guide walks you through its real-world impact on design, planning, job site logistics, and sustainability. Learn how contractors are using AI to reduce costs, improve worker safety, and shorten build times. Get a detailed look at the tools and platforms making it possible, including AI-driven robotics and material optimization.
LEAN Integrated Construction Delivery has provide to enable the consistent achievement of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. With greater focus upon education, awareness building, and improved real property owner leadership, the traditional low levels of productivity can be mitigated. “Coming together is a beginning, staying together is progress, and working together is success.” Henry Ford.
Amid ever-changing mandates and guidelines, projects such as Amazon HQ2, a bullet train line, an airport and professional sports stadiums have continued work, even though some of these sites have had confirmed cases.
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.
Bill Di Santo, president, Englewood Construction”. This is undoubtedly an unprecedented time in our country as efforts to contain the spread of the coronavirus (COVID-19) are impacting all of us on both personal and professional levels. We are in uncharted territory, but amid this “new normal” Englewood Construction remains open and committed to serving our clients — while also following guidelines from the Centers for Disease Control and Prevention, as well as industry associations, to en
What is a construction blueprint or construction plan? Construction blueprints (also known as construction plans or construction drawings) are two-dimensional drawings that contain all the details that are needed for a project. These details are needed to request permits, determine the construction schedule , and eventually do the construction itself.
Whether you are in full shutdown mode, practicing social distancing, or still planning in preconstruction, every project is struggling to overcome the health and safety hurdles prompted by COVID-19. Here are some actionable steps every project can take to tackle the problems in the construction industry right now.
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