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Like it or not, tariffs on steel and aluminum are real and very much in effect. And whether directly or indirectly, your construction company will be affected by them. Understanding just how much and in what way is a bit more difficult to define, though. We’re here to help. This week, we spoke with Mason Hester, a real estate and construction attorney and shareholder with Munsch Hardt Kopf & Harr, on how to navigate the contractual side of new construction projects in a post-tariff world.
Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Many contractors are practically drowning in data and don’t have the right tools to parse and analyze the data in ways that would have meaningful impacts on their projects.
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.
RELi 2.0, a comprehensive rating system that provides strategies and tools for resilient building and design, is expected to be launched on Monday, November 12th. The launch of RELi 2.0 is significant because it is widely suggested, just as a Phase I Environmental Site Assessment is now standard practice in nearly every commercial real estate transaction in this country, that in the future the same will be true of a resilience assessment.
Most contractors recognize the need for licensing and bonding in the construction industry, but it can be a challenge to understand the bond size requirements, as bonding thresholds are mandated by each state, not an overarching federal law. Read here for a list of the appropriate bond amounts required by each state to operate legally as a contractor.
RELi 2.0, a comprehensive rating system that provides strategies and tools for resilient building and design, was approved last week and is being launched on Monday, November 12th. The launch of RELi 2.0 is significant because it is widely suggested, just as a Phase I Environmental Site Assessment is now standard practice in nearly every commercial real estate transaction in this country, that in the future the same will be true of a resilience assessment.
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.
Design-build, integrated project delivery and other collaborative construction processes present myriad challenges, but several experts have outlined steps contractors can take to boost teamwork across stakeholders.
Having the integrated software to connect the office and field can help avoid costly project delays. In today’s fast-paced construction environment, speed and accuracy are critical to project success. That’s why it is vital for construction professionals on the jobsite to stay connected to the contractor’s back office. For many contractors, the accounting enterprise resource planning (ERP) software is the system of record for data, regardless of whether it’s accounting or operations.
The construction sector involves a wide variety of professions with differing skill sets and backgrounds. Whether it’s someone fresh out of an apprenticeship, a labourer with decades of know-how and experience, or someone purely trained in a classroom setting, you’ll find that a construction site often represents an (albeit limited!) microcosm of society.
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 industry’s best bet for initiating a productivity boom is to use robotics to support — not replace — workers, said Construction Robotics’ Scott Peters.
The Middle East construction market is under a very encouraging paradigm shift. According to the Middle East Economic Digest (MEED), the sector can anticipate a slow but steady recovery soon. This, of course, doesn’t mean that construction companies have left the tough days behind once and for all. Nevertheless, a very positive change is observed.
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.
On Friday, October 11th, many in the safety world received a memorandum from OSHA regarding Workplace Safety Incentive Programs and Post-Incident Drug Testing. While the memorandum is helpful in clarifying issues, the language and structure used throughout can be difficult to understand. Below are what we at FDRsafety believe are the most important takeaways. 1.
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.
The agency is seeking input on whether additional methods of silica dust control should be added to Table 1 to further minimize employers' requirements to measure workers' exposure.
The following, Job Order Contracting – Recommended Best Practices, have been compiled from numerous independent third party audits of JOC Programs as well as decades of experience. All the tools , training , information, processes, and support are available to ANY procurement and facilities management team that wants to consistently deliver renovation, repair, and minor new construction project on-time, on-budget, and to everyone’s satisfaction.
Since opening in September 2017, Cornell Tech’s New York campus has gained attention for its inventive, ambitious design. The bold architectural forms, dramatically sculpted topography of its Roosevelt Island site, and leading-edge sustainability credentials of the completed first phase signal an intention to rethink education for the 21 st century.
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.
As mass timber lays claim to increasingly innovative technology and prefabrication, it also hopes to get an edge up on its traditional building material counterparts through its lower carbon footprint and renewability traits.
The marketing model for a start-up residential service contractor will be truly different from a well-established contractor focusing on large-scale institutional projects. But simply saying “one size doesn’t fit all” doesn’t help you very much if you are trying to define your marketing strategies. In the next few posts, I’ll go out on a limb […].
The new Kansas State University College of Architecture Planning and Design, designed by Ennead Architects, is an interdisciplinary facility that hopes to train future designers by placing a focus on collaboration and direct fabrication.
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