Construction Business Owner
JUNE 24, 2024
Strategic Tax Planning for Contractors in 2024 ccapoccia Mon, 06/24/2024 - 17:59 A s 2023 financial statements and tax returns are finalized, it’s time for contractors to shift their focus to the current tax year of 2024 and beyond. In a competitive industry like construction, it’s crucial to adapt continuously to ensure your company is in the best possible position for current and future success.
Job Order Contracting
JUNE 23, 2024
These are the top six reasons construction projects fail. Whether repair, renovation, maintenance, or new builds, 30%-40% waste is the norm due to one or more of the following… #1 Lack owner leadership, capacity, accountability. #2 Failure to adopt, implement, and manage a robust and integrated planning, procurement, and project delivery process. #3 Poor team selection. #4 Insufficiently detailed and/or poorly communicated Scope of Work (SOW). #5 Lack of trust. #6 Failure to leverage the k
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Safety Services Company
JUNE 24, 2024
In the construction industry, safety is paramount, given the inherent risks that can lead to serious injuries and fatalities. Contractors and hiring clients alike prioritize safety leadership , seeking partners who excel in safety and compliance, surpassing basic OSHA standards. Recently, The Advancing Construction Safety Leadership Conference addressed industry safety challenges by fostering a cultural shift where safety is ingrained as a core value, not just a regulatory requirement.
Construction Dive
JUNE 26, 2024
The pause in infrastructure construction is a major setback for the city’s development, said Carlo Scissura, president and CEO of the New York Building Congress.
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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.
Wolgast Corporation
JUNE 26, 2024
In the ever-evolving landscape of education, the importance of robust school infrastructure cannot be overstated. A school's physical environment shapes the experiences of students, teachers, and staff alike, affecting everything from academic performance to overall well-being. Yet, ensuring the vitality of these educational spaces often requires significant financial investment, typically through school bond campaigns.
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Construction Law
JUNE 27, 2024
DLUHC statistics show number of buildings being remediated doubled in a year To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.
Construction Specifier
JUNE 25, 2024
By Antonie Habellion, P.Eng., M.Eng., M.S., and Steven Gaynor, MBA Photo courtesy Tenmat New York City recently became the first jurisdiction in the country to reject and rewrite major sections of the International Building Code’s ( IBC ’s) language around fire protection in exterior facades. Aiming to enhance the fire safety standards in exterior walls, fireblocking is now mandatory behind ventilated cladding , with few exceptions.
Contractor Magazine
JUNE 25, 2024
Our conversation with Andrew Windsor, Sr. Vice President of Sales, Americas for Watts Water Technologies.
NH Construction Law
JUNE 23, 2024
When contracting parties agree to a fixed price or lump sum amount for a defined scope of work, the contractor is generally obligated to build that scope of work for that price regardless of what it costs him to do so or what unmentioned obstacles he may face. His price will typically be set to cover overhead costs and a reasonable profit. And time is money; all other things being equal, the sooner the contractor completes the work, the more profit he will make.
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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.
Construction Business Owner
JUNE 27, 2024
How to Spot & Avoid Unexpected Project Delays ccapoccia Thu, 06/27/2024 - 14:01 Here’s the thing about construction project delays: It’s not a matter of if they will happen — it’s when they will happen, for how long and why. There are many reasons for a project delay: weather, supply chain hiccups, labor shortages, financing and more. Most of these reasons are out of the control of the project manager or construction business owner, while others are not.
Job Order Contracting
JUNE 27, 2024
It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. The following represent the new realities. Technology will not solve your problems. Tech is an enablers. People, Process, and Information are the three kings. Focus on working with professions with experience, yet willing to learn, listen, and share information.
Construction Dive
JUNE 25, 2024
The new facility will use a sodium-based cooling process instead of water, according to TerraPower, the Microsoft founder’s nuclear energy company.
Contractor Magazine
JUNE 26, 2024
This year’s EWTS featured thought-provoking conversations relating to water conservation, quality and scarcity, and what action plans could be implemented to ensure safe and sufficient drinking water for generations to come.
Speaker: Dylan Secrest
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.
Construction Business Owner
JUNE 27, 2024
Prevent Water Damage From Wreaking Havoc ccapoccia Thu, 06/27/2024 - 13:35 The impact of inefficient and ineffective water management on construction projects is increasing at an alarming rate. Water damage has long been one of the most common insurance claims in the industry, and it now accounts for up to one-third of all payouts on builder’s risk policies.
Job Order Contracting
JUNE 25, 2024
AI -Caveat Emptor – FM (Above image by rawpixel.com on Freepik) While the below was intended to apply to computers, the content has relevance to AI. That said, the current status of AI is basically “pattern recognition”, the problem of assuming biased or misinformation is accurate is very real. AI algorithims sort through avaiable data, look for relevant information based upon statistically high conformity and output a result.
Construction Dive
JUNE 27, 2024
Nine months after a Davis-Bacon update raised pay for workers on federal projects, a judge has halted the change.
Contractor Bookkeeping
JUNE 28, 2024
Running a small construction business comes with unique challenges, and dealing with toxic employees is undoubtedly one of the trickiest. A single troublesome team member can disrupt productivity, affect team morale, and ultimately harm your business's success. These individuals can create a hostile work environment, lower morale, and reduce productivity.
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.
Construction Business Owner
JUNE 27, 2024
Is Your CPA Holding Back Business Growth? ccapoccia Thu, 06/27/2024 - 10:03 Consider when it's time to find a new certified public accountant for your construction business.
BD+C
JUNE 24, 2024
Not your grandparents’ senior living community: Redefining aging in place 0 qpurcell Mon, 06/24/2024 - 08:49 Senior Living Design Perkins Eastman’s Senior Living and Residential teams are putting a new face on home for seniors who don’t want to move away in retirement. MFPRO+ Blog Mixed-Use Senior Living Design Designers “Would you move into your own senior living community?
Construction Dive
JUNE 24, 2024
An $11 billion LNG project in Texas and a $10 billion offshore wind farm in Virginia helped drive overall starts up 10%, according to Dodge.
Wolgast Corporation
JUNE 24, 2024
Design-Build Construction (DB) is one of the increasingly popular methods of construction. Instead of hiring an Architect to design your building and then finding a General Contractor to bid the design, a commercial building owner gets the designer and the contractor as one entity. The Design-Builder becomes the single-source to take on the full-risk of a construction project.
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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 Business Owner
JUNE 27, 2024
Can a Prefabrication Strategy Differentiate Your Business? ccapoccia Thu, 06/27/2024 - 10:24 In the ever-changing landscape of the construction industry, efficiency, productivity and cost-effectiveness have become paramount. Traditional construction methods, though tried and tested, often fall short of meeting the increasingly stringent demands of owners and stakeholders.
PC Construction
JUNE 25, 2024
Construction is well underway on the State of Vermont Agency of Transportation’s new garage and salt shed in Swanton. PC Construction’s Special Projects team recently finished structural steel erection and detailing for the 15,000-square-foot, 11-bay maintenance garage. Nearly a dozen additional scopes will be self-performed throughout construction, with an associated value of $1.3 million of the overall $9.4 million project.
Construction Dive
JUNE 24, 2024
From kids’ teams to pro franchises, sports fans and athletes have higher expectations for stadium design, according to an architect.
ENR Construction
JUNE 27, 2024
The results of this quarter’s Construction Industry Confidence Index survey show a dip in confidence among construction industry executives.
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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.
Construction Business Owner
JUNE 27, 2024
April 2024 Construction Stats ccapoccia Thu, 06/27/2024 - 14:51 The Construction Business Owner team compiles statistics each month from several sources, includi
Contractor Bookkeeping
JUNE 28, 2024
Running a small construction business comes with unique challenges, and dealing with toxic employees is undoubtedly one of the trickiest. A single troublesome team member can disrupt productivity, affect team morale, and ultimately harm your business's success. These individuals can create a hostile work environment, lower morale, and reduce productivity.
Construction Dive
JUNE 25, 2024
The estate of deceased ironworker Samantha Deschenes claimed that Portland, Oregon-based Andersen Construction violated the Oregon Safe Employment Act in a lawsuit filed June 10.
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