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State of the Industry: Reflection & the Road to Recovery. Alex Headley. Mon, 01/03/2022 - 07:30. As the world celebrates the joyful beginning of a new year, the construction industry is looking hard to the future and its possibilities. On the heels of the COVID-19 pandemic, much of the industry is hopeful for recovery, but there are multiple roadblocks still creating challenges.
Facilities Preventive Maintenance requires the following information to minimize downtime and unscheduled maintenance and repairs. Installed model and features of each system. Manufacturer’s schedule for routine preventive maintenance, inspections, condition monitoring (predictive tests) and adjustments required to ensure proper and economical operation and to minimize repairs.
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 2022 Sustainability VIPs. Special section recognizes the industry’s foremost leaders of sustainable practices & programs. Kathy Wells. Tue, 01/04/2022 - 10:16. Construction Business Owner (CBO) Magazine’s Sustainability VIP recognizes the efforts and ingenuity of those building a better future for the earth and its inhabitants. Qualifying nominees for Sustainability VIP 2021 include all construction industry professionals — general contractors, subcontractors, manufacturers, suppl
ESG will be the environmental issue of the year, if not also among the biggest business issues of the year. ESG is everywhere. And yes, this is with appreciation that environmental is only the E in ESG. This is more than a Magic 8 Ball prediction, although we do regularly consult one of the 1960s era plastic spheres I keep on my desk. There has been an obvious if not dramatic shift in Western society’s demand for matters ESG.
ESG will be the environmental issue of the year, if not also among the biggest business issues of the year. ESG is everywhere. And yes, this is with appreciation that environmental is only the E in ESG. This is more than a Magic 8 Ball prediction, although we do regularly consult one of the 1960s era plastic spheres I keep on my desk. There has been an obvious if not dramatic shift in Western society’s demand for matters ESG.
What should be in a Facilities Operations and Maintenance Data Package? Safety precautions and hazards. Cleaning recommendations. Maintenance and repair procedures. Warranty information. Extended warranty information. Contractor information. Spare parts and supply list. Environmental conditions. Lubrication data. Preventive maintenance plan, schedule, and procedures.
Force majeure in construction. Force majeure is a French term that means ‘superior force’, denoting an ‘act of God’. Simply, it refers to extraordinary, unusual, unforeseen events that surpass the practical control of an individual or a group to a contract that prevents a party from fulfilling an obligation or obligations under that contract. Typically, this event is something that a party in a contract could not fairly avoid or reasonably attribute to another party.
Louisiana’s many advantages — including incentives, facilities and skilled crews — attract major productions. The post Louisiana Is Built For Film And TV Production appeared first on Business Facilities Magazine.
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.
Creating an efficient FM ecosystem is critical to fostering owner and design/builder alignment. Make critical physical infrastructure improvements that. benefit generations to come. Adopt a robust enterprise strategy. Don’t “reinvent the wheel”, take advantage of current available LEAN integrated planning, procurement, and project delivery tools for all repair, renovation, maintenance, and new build requirements (examples: Integrated project delivery and LEAN job order contract
Inside the Mind of the High-Performance Homebuyer. ldeakins. Wed, 01/05/2022 - 14:29. New data sheds light on what homebuyers really care about when it comes to sustainability, helping builders improve their products. Suzanne Shelton. In the summer of 2020, in collaboration with the Energy & Environmental Building Alliance ( EEBA ), my firm, Shelton Group , launched WNDO, a survey platform specifically designed to gain actionable insights from high-performance homebuyers at five points along the
A $231.6M program of rail projects has been proposed to upgrade economic development infrastructure in central and southern Alabama. The post Alabama Launches $231M Rail Project Program appeared first on Business Facilities Magazine.
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.
The reason Public Sector Construction and FM Grade F for Cost Management is simple… the lack of owner leadership and competency. The net result has been a continuing decades old legacy of environmental and economic waste. The public sector could easily save 30%-40% of its budgets in this area with the basic implementation of robust, integrate planning, procurement, and project delivery methods.
Management systems are a great way to assess and control environmental health and safety issues within your organization. They help you along the implementation journey ensuring you get buy-in at every level. So how do you go about using a management system? The framework to remember: plan –> do –> check –> act. In this episode, Jackie Baxley , Principal and EHS Practice Leader at HRP Associates, Inc. , talks about how management systems work and best practices for
Injection molding company Parkway Products will expand its operations in Greene County, TN, creating more than 150 new jobs. . The post Parkway Products Investing $6M In Tennessee Expansion appeared first on Business Facilities Magazine.
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 reason Public Sector Construction and FM Grade F for Cost Management is simple… the lack of owner leadership and competency. The net result has been a continuing decades old legacy of environmental and economic waste. The public sector could easily save 30%-40% of its budgets in this area with the basic implementation of robust, integrate planning, procurement, and project delivery methods.
The New American Home 2022: Thinking Inside the Box. ibush. Fri, 01/07/2022 - 15:57. Explore how The New American Home 2022 presents a flexible floor plan for living in harmony. Michele Lerner. Healthy living is having a moment—or maybe a decade or perhaps even a century. Even before the pandemic, builders and designers were creating home environments that respect physical and mental health.
The clinical research company will create 250 jobs and invest $1.5 million at its new Wake County, NC corporate headquarters. The post Science 37 To Relocate HQ To Research Triangle Region appeared first on Business Facilities Magazine.
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.
What should be in a Facilities Operations and Maintenance Data Package? Safety precautions and hazards Cleaning recommendations Maintenance and repair procedures Warranty information Extended warranty information Contractor information Spare parts and supply list Environmental conditions Lubrication data Preventive maintenance plan, schedule, and procedures Removal and replacement instructions Parts identification Operator prestart Startup, shutdown, and post-shutdown procedures Normal operation
Are Your Trade Relationships Strategic or Transactional? ldeakins. Wed, 01/05/2022 - 13:17. Reward those trade partners that work with you to solve problems and treat the rest simply as transactional suppliers. Tony Callahan. It’s unlikely the industry will ever be the same after we get through the current labor and material shortages. I know many builders are complaining about how one or more trades let them down during these trying times, trades they considered loyal but that perhaps took on t
There is a natural ebb and flow in the business cycle, which in regular times operates, somewhat predictable. In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the microlocal economy can plan and earn an expected profit after paying themselves a reasonable salary.
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.
Facilities Preventive Maintenance requires the following information to minimize downtime and unscheduled maintenance and repairs. Installed model and features of each system. Manufacturer’s schedule for routine preventive maintenance, inspections, condition monitoring (predictive tests) and adjustments required to ensure proper and economical operation and to minimize repairs.
Rising Lumber Prices Could Add More Than $18,600 to New Home Value. ldeakins. Wed, 01/05/2022 - 10:23. Ebbing and flowing lumber prices are disrupting housing affordability once again. After months of fluctuating prices, lumber is a hot commodity yet again with a 167% price increase from late August to December 29, 2021, according to NAHBNow. Soaring rates have nearly tripled over the past four months, causing the price of an average new single-family home to rise by over $18,600. .
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