Sat.Aug 05, 2023 - Fri.Aug 11, 2023

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The Contractor's Guide to Building Financial Success

Construction Business Owner

The Contractor's Guide to Building Financial Success Demystifying construction accounting for contractors mhodges Mon, 08/07/2023 - 12:50 A practical guide to mastering the fundamentals of construction accounting. From identifying hidden costs to cash flow strategies to setting financial goals, learn how to build a better financial future for your business with Knowify's guide.

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7 lessons learned from 40+ years planning and designing senior living environments

BD+C

7 lessons learned from 40+ years planning and designing senior living environments 0 rcassidy Mon, 08/07/2023 - 20:04 Senior Living Design Brad Perkins, FAIA, a pioneer of senior living design in the U.S. and globally offers his advice for creating the optimal living experience for the world’s aged population group. Bradford Perkins, FAIA A pioneer of senior living design in the U.S. and globally offers his advice for creating the optimal living experience for the world’s aged population group.

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Understanding Cork Flooring: Types, Uses And Benefits

The Constructor

Cork flooring is a popular choice for many homeowners and business owners looking for a durable, eco-friendly option. Made from the bark of the cork oak tree, this type of flooring provides a unique look and feel that is both appealing and beneficial to the environment. Cork flooring also provides many benefits for the home […] The post Understanding Cork Flooring: Types, Uses And Benefits appeared first on The Constructor.

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Managing Commercial Construction Lead Times

HardHatChat

As anyone who works in the commercial construction business knows, timing is everything. Inefficient sequencing of materials and equipment can have a significant impact on both time and money. Business as usual, is out the door as the supply chain has continued to provide challenges. For example, Roofing HVAC used to be 12-`14 weeks out but is now 12-14 months.

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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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Construction Industry Trends: July 2023 Roundup

Viewpoint Construction Technology

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

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Construction materials prices unchanged, signaling ‘stable’ costs ahead

Construction Dive

Relatively flat materials figures in recent months indicate contractors are finally experiencing relief from supply chain woes and price volatility, according to a new report.

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How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

If your customers owe you money, the faster you can obtain it using effective collection tactics, the better. Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. It can be easy to neglect to manage your debtors when you're busy growing your business, but intelligent credit control is important. So it's crucial to have the skills to handle the people who owe you money well, especially if you want to avoid taking them to court.

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Aftermarket Cat Parts Success Stories

Learn Civil Engineering

In the world of heavy machinery and equipment, Caterpillar is a renowned name, known for its reliability and performance. However, the cost of genuine Caterpillar parts can sometimes present a significant challenge for equipment owners and businesses. Fortunately, the aftermarket market offers an alternative solution, providing cost-effective options without compromising on quality.

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4BT OpenCost(TM) Local Market Granular Cost Data an RSmeans Alternative?

Job Order Contracting

We source and maintain current, LOCAL MARKET GRANULAR COST DATA that is superior to the traditional use of “national average cost data” and location factoring. Significantly improve cost visibility and cost management for ALL your facilities repair, renovation, maintenance, and new build projects. #1 Over 85,000 line items available. Granular line items for repair, renovation, maintenance, and new builds organized by expanded CSI MasterFormat.

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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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How to support the mental health of an injured employee

Construction Dive

Taking certain steps can help workers heal faster, according to Jennifer Cogbill, vice president at third-party claims firm Gallagher Bassett.

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Construction Tech Tips You Wish You Knew Sooner

Autodesk Construction Cloud

For the last few years, global construction firms have had to scale technology adoption and implementation at a rapid pace. In fact, our research at Autodesk found that cloud-based collaboration activity grew 2.5x between 2020 and 2022. Given the acceleration of digital transformation, a construction professional’s ability to adopt and utilize construction technologies to their maximum potential has never been more critical to ensuring business and project success in addition to career advanceme

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QA and QC in Construction

Fieldwire

“Quality Assurance” and “Quality Control” are often times mistakenly used as interchangeable terms when discussing the broad issue of quality in construction; however, these two terms actually describe very different activities. Although both work towards the delivery of a final product that meets the project’s specifications and customer’s expectations, they arrive at the outcome in two very different ways.

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The present and future of crisis mental health design

BD+C

The present and future of crisis mental health design 0 qpurcell Thu, 08/10/2023 - 10:07 Healthcare Facilities BWBR principal Melanie Baumhover sat down with the firm’s behavioral and mental health designers to talk about how intentional design can play a role in combatting the crisis. Katie Nordenson Healthcare Facilities Public Health Labs Designers Architects Interior Architecture The United States is in the midst of a mental health crisis.

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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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Adaptive reuse pipeline rises to 122,000 units under construction

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Persimmon targets subcontractors in cost-cutting drive

Construction Enquirer

Persimmon is looking to retender subcontractor packages more regularly as it looks to “share the cost pressures in this new challenging environment.” The house building giant highlighted cost control measures in its latest results as sales continued to slump. Group Chief Executive Dean Finch said said: “We are reviewing our subcontractor pricing on a more frequent basis to identify opportunities to secure increased savings.

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Top 5 Challenges for Construction Project Managers

Fieldwire

In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges project managers face on construction projects. Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. Each construction project poses unique challenges — this is why construction project managers have distinct roles and responsibilities to fulfill from project to project.

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Putting 9 senior living market trends into perspective

BD+C

Putting 9 senior living market trends into perspective 0 rcassidy Mon, 08/07/2023 - 20:26 Senior Living Design Brad Perkins, FAIA, a veteran of more than four decades in the planning and design of senior living communities, looks at where the market is heading in the immediate future. Brad Perkins, FAIA A veteran of more than four decades in the planning and design of senior living communities looks at where the market is heading in the immediate future.

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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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4 ways schools are rethinking building design

Construction Dive

From charging stations for electric vehicles to true-to-life career and technical spaces, schools are transforming, architecture experts say.

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Preferred bidders unveiled for £10bn electricity network deal

Construction Enquirer

Electricity network giant SSEN Transmission has confirmed ten preferred bidders for a £10bn onshore infrastructure upgrade. Following a competitive procurement process, Balfour Beatty, Siemens Energy BAM, J. Murphy & Sons, Wood Power Solutions, Omexom Morgan Sindall Infrastructure, Burns & McDonnell, Morrison Energy Services, Linxon, IQA and NKT have all been selected.

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US Marine Resumes Family Boiler Business

Contractor Magazine

Brian Balboni talks about the family business, including details on a boiler retrofit job that will save his customer thousands.

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Largo Concrete Named ENR California 2023 Specialty Contractor of the Year

ENR Construction

This blog examining California construction will ask questions, give you previews of what is to come in ENR California and report on what we are hearing, reading and seeing in the state's construction industry.

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Simplify Complex Financial Workflows with CMiC’s Powerful Tools

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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CHIPS Act draws over 460 applicants for semiconductor manufacturing funding

Construction Dive

With $39 billion dedicated for the program, the immense interest may mean some tough choices for federal officials.

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Plans approved for £900m Stevenage biotech campus

Construction Enquirer

UBS Asset Management and Reef Group have got the planning thumbs up to create one of Europe’s largest life science campuses in Stevenage, Hertfordshire. The 1.4m sq ft new Life Sciences hub will be delivered alongside GSK’s existing Global R&D facility and involve an investment of £900m. Construction is expected to start in late-2023 with completion for phase one targeted for Q4 2025.

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US Department of Labor Announces Final Rule to Modernize Davis-Bacon Act

Contractor Magazine

Aided by labor, industry stakeholders’ comments, the rule will provide the most comprehensive updates in 40 years.

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Buist Electric Named ENR Midwest Specialty Contractor of the Year

ENR Construction

This blog will comment on all matters related to design and construction in the Midwest.

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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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3 contech firms snare summer cash rounds

Construction Dive

While venture funding activity has slowed, these tech firms focused on construction continued to pull in investments.

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Henry Construction supply chain hit for over £43m

Construction Enquirer

Hundreds of suppliers and subcontractors have been left £43m out of pocket by the collapse of Henry Construction Projects. According to the failed contractors records published by administrator FRP Advisory, more than 700 firms have been hit by the collapse of the south east tower builder. Henry also held performance bonds with a dozen surety providers.

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Specifying and installing flashing around exterior wall openings

Construction Specifier

Photo ©Farm Kids Studios/courtesy EFCO. By Aaron Blom A weathertight building enclosure is critical when it comes to preventing air leakage and water penetration. It also significantly impacts energy efficiency, indoor air quality (IAQ), and occupant comfort. Therefore, properly specifying and detailing the transitions between fenestration products and the surrounding wall conditions is extremely important.