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PCL Construction, a Canadian firm with US headquarters in Denver, has secured a $300 million contract to modernize Amtrak’s King Street Yard in Seattle. Funded by the Infrastructure Investment and Jobs Act (IIJA), the project aims to enhance Amtrak’s maintenance capabilities and support the new Amtrak Airo trains, set to begin service in 2026.
The tech giant follows Microsoft in spinning up nuclear energy, with plan to build up to seven small reactors at yet-to-be-announced sites across the country.
Why Investing in Risk Management Is Essential in Construction ccapoccia Tue, 10/15/2024 - 22:02 Risk management has emerged as a vital pillar for success in the unpredictable world of construction. With countless hazards and uncertainties, companies must navigate these threats quickly and effectively. It’s already difficult to stay safe on construction sites, but with tight deadlines, budget constraints and lack of training, the risk only increases.
The US commercial building construction market is a massive and competitive landscape, with several leading companies dominating the sector. Understanding the largest players in this market is crucial for stakeholders, including contractors, suppliers, and investors. The commercial construction sector includes office buildings, retail spaces, and industrial facilities, and knowing who the major companies are can provide insights into market trends and opportunities.
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.
Private finance could play a role in national health service capital investment if its drawbacks could be mitigated, says a discussion paper from the NHS Confederation. Despite the rising cost of PFI schemes they appear to offer better value for money than the recent New Hospitals Programme (NHP), once delays and overspend costs are accounted for, says the paper ‘Raising NHS capital funds: options for government’.
Private finance could play a role in national health service capital investment if its drawbacks could be mitigated, says a discussion paper from the NHS Confederation. Despite the rising cost of PFI schemes they appear to offer better value for money than the recent New Hospitals Programme (NHP), once delays and overspend costs are accounted for, says the paper ‘Raising NHS capital funds: options for government’.
Architects play a pivotal role in determining which building products make it to their designs in the construction. Understanding what architects prioritize when selecting building product manufacturers is essential for manufacturers aiming to secure a spot in their projects. Architects seek products that not only meet functional and aesthetic requirements but also adhere to sustainability standards and deliver reliable performance.
Thursday, October 10 was World Mental Health Day, an international day for global mental health education, awareness and advocacy against social stigma. It was also a very fitting day to celebrate the Vermont Department of Health’s 2024 Worksite Wellness Awards winners. We are so proud to announce that PC Construction was once again selected to receive a Governor’s Excellence in Worksite Wellness GOLD Level Award!
The Transformation of Construction Lending ccapoccia Thu, 10/17/2024 - 08:22 T he construction lending space, traditionally steeped in manual processes and human-to-human interactions, is undergoing a profound transformation thanks to the integration of technology. From streamlining workflows to enhancing transparency and reducing errors, technology is reshaping the landscape of construction finance.
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.
In the competitive construction world, having a strong sales strategy is essential for sustaining and growing your business. A well-defined approach can increase your project pipeline and create lasting client relationships. It will give you a framework for generating leads, closing deals, and ultimately increasing revenue through nurturing existing accounts, thought leadership, and practical pricing discussions.
7 design lessons for future-proofing academic medical centers 0 qpurcell Fri, 10/18/2024 - 08:32 Healthcare Facilities HOK’s Paul Strohm and Scott Rawlings and Indiana University Health’s Jim Mladucky share strategies for planning and designing academic medical centers that remain impactful for generations to come. Higher Education University Buildings Healthcare Facilities Designers Architects Academic medical centers (AMCs) are training grounds for physicians and destinations for leading-edge
Illegal immigration has dominated the headlines during this election season, but building pros are calling for help to get skilled workers to jobsites.
Promote to rotator No Rotator Image Status of webinar Upcoming Discover how to standardize your schedule of values, application for payment processing, lien waivers and change orders. Tue, 11/05/2024 - 12:00 1:00 p.m. Central A lack of standardization for processing pay apps means SOVs, compliance documents, lien waivers, etc. may differ for each job — making YOUR job harder.
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 input prices decreased.9% in September compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also decreased.9% for the month. Prices decreased in two of the three energy subcategories last month.
Hurricane Helene, one of the deadliest storms to hit the US mainland since Katrina in 2005, left a trail of destruction across the Southeast. The Category 4 storm damaged critical infrastructure, including roads, bridges, power grids, and water systems. With Hurricane Milton looming, recovery efforts from Helene are not only about repair but also preparation for what comes next.
Your Checklist for Succession Planning Success ccapoccia Tue, 10/15/2024 - 20:49 M arcum recently published the 2024 edition of its annual construction industry survey. Every year, industry leaders respond to questions on everything from the top issues keeping them up at night to emergent trends. Marcum then collates, analyzes and distributes the results, shedding light on the thought processes of industry leaders.
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.
Facility Condition Assessment Data Can Help Reduce Carbon Footprint 1 kcichowicz Tue, 10/15/2024 - 10:59 Facility condition assessments provide powerful insight into your buildings and offer an ideal vehicle to advance resiliency and decarbonization goals. This combined data is key to making informed decisions that can reduce your carbon footprint. The increasing impacts of climate change are driving a global urgency for carbon neutrality.
In recent years, mass timber has emerged as a sustainable alternative to traditional building materials such as steel and concrete. Offering both environmental and economic benefits, this innovative material is revolutionizing the construction industry. One key player advancing this trend is Swinerton, a California-based general contractor with a strong commitment to sustainable development.
Break Glass in Case of Emergency ccapoccia Mon, 10/14/2024 - 07:43 Worst-case scenarios have to be considered and anticipated. How many organizations have contingency plans that are articulated, strategized and implemented effectively and efficiently? Gregg M. Schoppman explains how and why to prepare your business for emergencies.
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.
How AI can augment the design visualization process 0 qpurcell Wed, 10/16/2024 - 12:43 AEC Tech Blog author Tim Beecken, AIA, uses the design of an airport as a case-study for AI’s potential in design visualizations. Tim Beecken, AIA Airports Designers Architects AEC Tech Artificial Intelligence (AI) is rapidly becoming ubiquitous in our everyday lives.
Col. George D. Scott, the award acknowledges a PHCC member who has provided years of service and unselfish devotion to the association and to the industry.
Managing Cash Flow During the Slow Season ccapoccia Tue, 10/15/2024 - 21:09 T he very mention of fluctuating cash flow can cause anxiety for construction company owners. Without sufficient planning for a slow season, even seasoned businesses may find themselves in a cash crisis from time to time. While weather can be an obvious culprit for midsized general contractors — particularly those in nonresidential construction such as commercial, road and highway, or heavy construction — a slow season c
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.
Collapse of a dockside crane has led to a £750,000 fine for health and safety failings for ship repair specialist A&P Falmouth. 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.
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