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Construction is a dangerous job, but contractors that take Construction Safety seriously can see an ROI boost with lower costs and healthier employees.
If you want your business to continue growing and thriving, you'll need to find ways to bring in new clients. Before the internet was commercially available, there were just as many experts advising contractors about the layout and design of yellow page ads and which books to spend money on. I say spend money because that is what it was and is now. Many of us who owned and operated construction companies spent thousands of dollars on these experts and, based on their recommendations, spent tens
3 Ways Contractors Can Mitigate the Risks Tied to Price Increases. hirvin. Mon, 04/25/2022 - 10:11. “ Escalation, escalation, escalation,” is all I hear from clients and colleagues as they leave their Zoom screens and return to conferences and conventions. In summer 2020, the world saw how COVID-19-related disruptions affected global production and the supply chain.
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.
Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Unit price construction cost estimating is the foundation of every reliable cost determination.
Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Unit price construction cost estimating is the foundation of every reliable cost determination.
How Project Managers Can Promote Principled Approaches & Better Project Results. hirvin. Mon, 04/25/2022 - 11:04. B usiness ethics and corporate social responsibility are not new, but with ever-increasing public scrutiny of business practices and their impact on social and environmental welfare, these concepts have taken on profound importance in the modern business environment.
If you’re relatively new to the construction industry, you’re sure to hear plenty of terms that leave you scratching your head. If you’ve recently come across the term “punch list” or “ snagging list ” and you’re wondering exactly what it is (and what to do with it), you’ve come to the right place. Today, we’ll be taking you through everything you need to know about the punch list, from its definition to its layout to its common uses.
Key STRATEGIC COOPERATION requirements for efficient Facilities Management and the associated numerous and ongoing repair, renovation, maintenance activities include a focus upon LEADERSHIP and COLLABORATION… Strategic Collaboration. This fact has been substantiated by quantitative evidence. Unfortunately, the leadership and commitment required to implement CHANGE MANAGEMENT is a barrier for 99.9999% of organizations.
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.
5 Common Incorrect Theories That Permeate & Poison the Industry. hirvin. Mon, 04/25/2022 - 13:31. “ Luke, I am your father.” Surely, even without the added effect of the box fan modulating the intonation, we’ve all heard this phrase uttered by the insidious Darth Vader. Or have we? If you ask even the best Star Wars fan, you might hear this famous movie quotation misquoted.
We posted some weeks ago when the U.S. Securities and Exchange Commission issued a long awaited proposed new ESG rule to mandate climate risk disclosures by public companies and other businesses in their supply chains. You could read the proposed rule that takes more than a ream of paper to print or read our 600 word post, SEC Climate Risk Rule is Transformative at a Cost.
Getting the most out of available funds requires LEAN Job Order Contracting. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are. based on a fixed price per item (per a locally researched detailed unit price book, without “assemblies” or “systems”) and the coefficient / adjustment factor submitted by the contractor for the. contract term.
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.
Encouraging Diversity in Construction. hirvin. Mon, 04/25/2022 - 14:20. Molly McShane never envisioned herself as head of a commercial building company. Like her father before her, she entered the field as the result of a parental push.
A knowledge-based Job Order Contracting framework enables owners to build capabilities, improve productivity, and consistently deliver quality outcomes on time and on budget. Fully defined processes, workflows, roles, responsibilities, and deliverables. Common data environment, including current, detailed, locally researched unit price cost data. Collaborative, real-time technology enabling team access to current documentation and information.
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.
How to Assess Your Company’s Financial Health & Simplify Expense Tracking. hirvin. Mon, 04/25/2022 - 16:45. B uilding the average 1,200-square-foot house requires tens of thousands of nails, thousands of board-feet of lumber and well more than a thousand feet of wiring. Every component needs to be specified, purchased, delivered, warehoused and constructed with the aid of workers, tools and heavy equipment.
Ports and Free Trade Zones have taken on much greater importance as supply chain issues increase and demand for product grows from businesses and consumers.
The physics of efficient construction delivery are not complex; however, they are incontrovertible. The following 4 core elements are mandatory for the consistent achievement of quality repair, renovation, maintenance, and new builds on time and on budget. Consistent application virtually assures cost savings of 30%-40% as well as long-term mutually beneficial relationships between all participants and stakeholders. #1 Owner Leadership and Commitment. #2 Consistent Application of a Programmati
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.
Three projects would cost billions to collect CO2 from bio-refineries across upper Midwest states to be sequestered at underground sites in North Dakota and Illinois, but opponents fear big safety risks of compressed gas
How to Know Whether Training Is Worth the Cost or a Waste of Resources. hirvin. Mon, 04/25/2022 - 13:37. I s training really a waste of time and money? Many are quick to respond “yes” or “no,” but it is wise to consider a few items before answering the question. Before you even begin to respond, you must understand what training truly is. When discussing the subject, it may be easy to confuse training with formal post-secondary education.
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.
Alquist 3D Set to Take On “World’s Largest” 3D Printing Construction Project. ldeakins. Fri, 04/29/2022 - 10:17. The 3D-printing firm is preparing to chip away at the nation’s affordable housing crisis by building 200 homes in Virginia. Construction 3D-printing firm Alquist 3D recently announced plans to build 200 homes in the state of Virginia, an objective which will be the world’s largest 3D construction project to-date, 3D Printing Industry reports.
6 Construction Business Must-Haves if You Plan to Get an SBA Loan Soon. hirvin. Mon, 04/25/2022 - 16:33. M any businesses would wait until they need financing before checking whether they’re qualified to receive a business loan. But with the construction scene looking stronger than ever, it’s wise to use this time to prepare your requirements if you’re planning to expand anytime soon.
Here is a collection of some of the oldest buildings in the United States. It is interesting to notice that virtually all of them could be considered “natural buildings” made from local natural materials. This speaks to the longevity of natural building techniques! Originally constructed in Ardmore, Alabama in 1808 before being restored at to the Burritt on the Mountain museum in 2007, the Joel Eddins House is listed on the National Register of Historic Places.
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