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The Ultimate Construction Accounting Guide How to build a stronger construction accounting strategy mhodges Wed, 02/01/2023 - 11:08 Construction accounting is different from standard accounting and requires a different approach. Learn how to apply construction-specific accounting best practices and tools. Fill out the form on this page to download the white paper.
The vertical construction of a building plays a critical role in the overall structure. A combination of different materials and building techniques is used to create vertical structures, making it one of the most important construction elements. Understanding these different types of vertical construction can help you make an informed decision when building a new […] The post Exploring the 5 Essential Types of Vertical Construction appeared first on The Constructor.
National nonresidential construction spending decreased by 0.5% in December, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $943.5 billion for the month. Spending fell on a monthly basis in 10 of the 16 nonresidential subcategories.
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.
CBO’s Top 5 Faves from World of Concrete 2023 ccapoccia Thu, 02/02/2023 - 11:24 The 49th annual World of Concrete (WOC) was held Jan. 16-19, 2023, at the Las Vegas Convention Center in Las Vegas, Nevada, and hosted 48,009 registered professionals at its exhibition and education sessions. With 587,000 net square feet filled with learning opportunities, tools, technology, equipment — and even a robotic dog — the exhibitors impressed attendees with innovative products and displays.
The hard hat is essential safety equipment for all construction workers. It provides: In this article, we’ll explore what a hard hat is, why construction workers wear it, the standards and regulations that govern their use, and the benefits of it. So, let’s dive in and learn about the importance of hard hats on the […] The post Hard Hats on the Job: Why Construction Workers Wear Them appeared first on The Constructor.
The hard hat is essential safety equipment for all construction workers. It provides: In this article, we’ll explore what a hard hat is, why construction workers wear it, the standards and regulations that govern their use, and the benefits of it. So, let’s dive in and learn about the importance of hard hats on the […] The post Hard Hats on the Job: Why Construction Workers Wear Them appeared first on The Constructor.
Arcadis recently released a report about international construction inflation and costs with some interesting findings: Construction companies in both developed and emerging economies are experiencing price increases of over 5%. Other than increasing material prices, workforce shortages are a significant driving factor which is likely to keep construction inflation at higher-than-normal levels.
Skyscrapers have become an iconic part of our global urban landscape, but few of us have delved in the science behind their construction. From the materials used to their structural mechanics, the construction of skyscrapers is a feat that requires extraordinary engineering and design considerations. In this article, we will explore the basics, history, materials, […] The post The Sky-High Science of Skyscraper Construction appeared first on The Constructor.
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.
As jobs go unfilled, a majority of U.S. construction firms say they intend to increase staffing levels over the next six months, according to Associated Builders and Contractors.
Sustainable Facilities Management will require a fundamental change in mindset. Even though tools and services are readily available to consistently deliver quality, on time and on budget repair, renovation, maintenance, and new build outcomes, real property owners and facilities management professionals have yet to adopt system thinking. What is system thinking?
Operating and growing your construction business requires more than functional and skilled employees, but it's an excellent start. You need a steady stream of quality, paying clients to keep your company afloat. Likewise, deciding on an online marketing plan can be overwhelming for company owners like you who are looking for affordable ways to nurture consistent, sustainable growth.
In 1963, President John F. Kennedy spoke to a key group of German dignitaries in Frankfurt. He focused on liberty and the need to work together to achieve a peaceful world. “Change is the law of life,” he said. “And those who look only to the past or present are certain to miss the future.” [1] Sixty years on, the construction industry faces somewhat of a crossroads of its own.
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.
From an NFL stadium to a major airport expansion and a massive manufacturing plant, these high-profile, high-impact projects are expected to hit significant milestones this year.
System Thinking for FM and Construction Peter Cholakis The lack of system thinking for FM and construction is a primary cause of rampant economic and environmental waste. Until system thinking is understood and adopted on a widespread basis, there is little likelihood of measurable improvement. What is system thinking? – Simple, it’s the process of considering the whole and how the all the associated parts, people, actions, resources interrelate, and discovering ways of improvement.
Rethinking Housing Design in 2023 ibush Wed, 02/01/2023 - 07:00 To meet homebuyers’ evolving needs, we should use the current market slowdown as an opportunity to take a fresh look at housing design in response to recent trends Nancy Keenan, AIA, LEED-AP While there is much uncertainty in the housing market, both in the for-sale and for-rent sectors, one thing is certain: Demand for housing is not going away.
Construction waste is a major problem that has gone unchecked for years. Until now. In this special Autodesk University episode, hear Shannon Goodman , Executive Director of the Lifecycle Building Center , share her expertise on utilizing construction waste for more sustainable and reusable buildings. Learn about the latest research and projects from the Lifecycle Building Center, and get practical tips and strategies for builders and contractors.
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.
The downturn will expand to the rest of the U.S. economy this year via slowing economic output and rising job losses, the NAHB’s chief economist said Tuesday.
Traditional JOC solutions focus exclusively on speeding project procurement, however, typically the result is higher overall construction costs and questionable oversight. OpenJOC(TM) LEAN Job Order Contracting is now readily available to assure the consistent delivery of quality projects on time and on budget, and with overall cost savings! OpenJOC(TM) LEAN Job Order Contracting implements system thinking to address all aspects of planning, procurement, and project delivery.
Are Slower Rate Hikes Enough to Bring Buyers Back to the For-Sale Market? ldeakins Thu, 02/02/2023 - 13:22 Homebuyer demand rebounded slightly after a small dip in the 30-year fixed-rate mortgage, but an inflated economy continues to pose affordability challenges even in a cooling market Buyers are slowly returning to the for-sale market after a slight dip in the 30-year fixed-rate mortgage, but experts say fears of a 2023 recession are still keeping many prospective house hunters glued to the s
New Jersey enacts legislation that offers a financial performance bonus for concrete producers who provide low embodied-carbon products for state projects.
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.
Construction costs increased an average of 8%-10% from 2022 to 2023 via Four BT, LLC – Verifiable, locally researched unit price cost data for repair, renovation, maintenance, and new builds. 4bt.us The post Construction Costs – Market Update appeared first on 4BT.
Up, Up, and Away—the Housing Market Gains Momentum at the Start of 2023 ldeakins Mon, 01/30/2023 - 10:41 As home sales increase and mortgage rates slowly decline, housing experts say the market is gaining steam in 2023 After six consecutive months of declines, pending home sales rose 2.5% in December, while new-home sales rose 2.3%. According to the National Association of Realtors, the late 2022 resurgence of buyer activity coincided with a drop in mortgage rates, which fell mostly recently to
The Building Quality Assurance Act, Wet Kwaliteitsborging voor het Bouwen , is set to be introduced in mid 2023 and will radically change the building system regulations for the Dutch built environment. Many stakeholders will be impacted by the new legislative change – from construction businesses and municipalities to building owners and consumers.
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.
Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report.
The four primary failure points associated with facilities management and construction. Real property owner leadership, competency, accountability, and commitment – Owners pay the bills are utimately responsible for stewardship of the build environment. Robust process – Failure to integrate internal and external planning, procurement, and project delivery teams within a consistent, programmatic framework with associated workflows and supporting tools.
NAHB Introduces This Year’s New American Home at 2023 IBS ibush Tue, 01/31/2023 - 14:47 The exhibition home near Las Vegas showcases energy-efficient and innovative design concepts, as well as the latest home building products The National Association of Home Builders, its Leading Suppliers Council, and Pro Builder Media today unveiled The New American Home 2023 in tandem with the 2023 International Builders’ Show (IBS).
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