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Although market forces are causing architects to be hit with delays and even cancellations, two of the industry's top economists say growth will slow some but remain mostly steady over the next year.
Over the past several decades, companies across industry sectors have invested in platforms and technology solutions to enhance their project lifecycle. This is especially true for the construction industry, where legacy systems have led to projects on average being 80% over budget and 20 months behind schedule.
The nature of some types of businesses makes it challenging to come up with a standard price list. For tradespeople and construction company owners like you, what's required in terms of time, skill, labor, and materials frequently vary from job to job. Offering an estimate or quote provides potential clients with a customized figure for what they can expect to pay based on what will be required to complete a specific project.
With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. From positive trends and new business opportunities to ongoing challenges that impact how we do business, here are five factors and industry trends that shaped our work in the past year.
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.
The ten fundamentals of LEAN construction include… 1. Focus upon outcomes. 2. Early and ongoing participation of all stakeholders and service providers. 3. Mutual trust and respect. 4. Engaging and leveraging the expertise of participants actually doing the work. 5. Financial and task level transparency via locally researched detailed line item unit price book. 6.
This new monthly column will stack up knowledge from stakeholders and observers on the method's inroads, opportunities, challenges and trajectory for disruption.
This new monthly column will stack up knowledge from stakeholders and observers on the method's inroads, opportunities, challenges and trajectory for disruption.
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The 2018 International Green Construction Code was released on November 8, 2018 but more than a year later, it has not been adopted anywhere. The 203 page document available from the ICC for sale to the public, click here for a free read only copy of the 2018 IgCC , is an entirely new standard and bears little, if any relationship to earlier IgCC versions.
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.
While many countries require the use of building information modeling for some projects, the AEC industry in the United States relies on a non-mandatory standard.
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.
Identifying and implementing technology on a larger scale—say, for operating a cutting-edge construction business or increasing productivity on the jobsite—requires a certain level of commitment. That’s where the construction technologist (CT) comes in. For companies with clear intentions of moving forward with technology initiatives as part of an overall business strategy, the CT plays an integral part in overseeing the implementation and success of those technologies. .
Fisher, which also built part of a private border wall project, scored the design-build, firm-fixed-price contract for a wall segment in Yuma County, Arizona.
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.
Adohi Hall, a $79-million, 202,027-sf residence hall at the University of Arkansas, has recently become the largest mass timber building in the United States. Named for the Cherokee word for “woods,” the 708-bed facility is located on a four-acre site at the southern end of the campus and will provide a new university gateway that marks the start of the larger living learning district.
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After firing program manager Trammell Crow for improperly sharing information with bidder Mortenson Construction, city officials have narrowed the competition to PCL Construction, Hensel Phelps and The Weitz Co.
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Fulton Country Schools in Georgia teamed with Georgia Tech’s Center for Education Integrating Science, Mathematics, and Computing to develop Innovation Academy, the school district’s latest magnet school. The 245,000-sf, three-level school, whose construction broke ground on Nov. 21, will be located in downtown Alpharetta, Ga., on property that previously housed the old Milton High School.
The Atlanta Regional Commission's draft plan includes $102 billion for the maintenance of existing infrastructure including road resurfacing, bridge repair and transit upgrades.
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.
Disney has recently released new details, renderings, and a 2021 opening date for its Star Wars: Galactic Starcruiser hotel. The hotel, located in Florida’s Walt Disney World Resort, will provide an immersive experience via a two-night, cruise-style itinerary where the guests become the heroes of their own adventure.
Homebase, Simplifyy and Mark II Transfer Station are expected to bring a total of 388 new jobs to the Kansas City, MO region. - Read: Three Companies Expanding, Investing $4.9M In Kansas City, MO at BusinessFacilities.com.
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