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As a commercial building proprietor, it’s recommended that you adopt energy-efficient solutions for your establishment. It’s not only for the sake of saving costs on monthly electricity bills but also for being a responsible and eco-friendly business entity. . You can boost your company’s public reputation too. It’s said that many modern businesses today are shifting to greener initiatives, and customers highly patronize those that do so.
Heavy Equipment Gets Heavy Tech Upgrade. Kathy Wells. Mon, 03/28/2022 - 05:00. For some contractors, technological advancements in heavy construction equipment can be a welcome sight. From enhanced cameras to grade control systems, some contractors want to explore the new machine options and embrace them. . .
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.
Valid construction cost estimate creation is the goal of every professional estimator. Any professional construction cost estimator worth their salt will not talk about “accuracy” In fact, it may be best to avoid any person or vendor that makes claims about the accuracy of their estimate or cost information. The reason is simple, an estimate, by nature, is an approximation.
General contractors are at the forefront of almost every construction project. They plan and coordinate, budget, and supervise a variety of projects from beginning to end. Whether you’re hiring a general contractor for your next construction project or working as one and wondering how your general contractor salary matches up to others in the field, we have the answers—here’s everything you need to know about general contractor salaries in 2022.
SUMMARY – Moderate Growth Anticipated for the next Decade. General Market. Q4 2021 – 6.9% annualized growth. 2021 – 5.5% annual growth. Inflation – 6%-7%. Rising Interest Rates. Construction Sector. Continued supply chain disruption and sourcing challenges. Delivery time and profit margin volatility. Labor shortages. Commodity cost volatility. via Four BT, LLC – www.4bt.us – Integrated robust construction planning, procurement, and project delivery solutions.
Design Ideas for Cost-Efficient Single-Family Detached Homes. ibush. Fri, 04/01/2022 - 07:00. Detached-home solutions ranging from 900 to 2,300 square feet that offer attainable single-family housing with flair. Creating attainable single-family detached homes was really difficult before the pandemic. Now, with material supply shortages and ever-escalating sales prices, the challenge has become even more intense while the need has never been more critical.
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.
Job Order Contracting Best Management Practices – Contractor Evaluation. Did the Contractor respond to the request for a Joint Site Visit / Joint Scope Meeting (JSM) in a timely manner? Contractor attend the JSM on time with appropriate personnel? Did the Contractor collaborate to help refine/define a detailed Scope of Work (SOW)? Did the Contractor thoroughly investigate the project/work order requirements?
With Bridge, construction teams now have more control and flexibility when sharing project information with different stakeholders. San Francisco, Calif., March 29, 2022 – Autodesk, Inc. (NASDAQ: ADSK) today launched Bridge , a new collaboration capability that empowers construction teams to share only relevant data with project stakeholders, regardless of whether they are on the same team or building project within Autodesk Construction Cloud.
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.
Home Prices Rise at the Fastest Rate on Record. ldeakins. Wed, 03/30/2022 - 10:21. Supercharged home prices are creeping toward new highs, but inflated mortgage rates could change that, experts say. The Case-Shiller national home price index logged a 19.2% year-over-year gain from January 2021 to January 2022, but according to Realtor.com, a steep rise in mortgage rates could put a damper on fast rising home prices following the spring buying season.
Job Order Contracting best management practices should be applied throughout the life cycle of every program, contract, project, estimate, and work order. Owner establishes a LEAN Job Order Program and selects vendors via a full and open best value procurement process: Minimum and maximum quantities or dollar values for annual construction and individual projects.
Dat Xanh E&C is part of the Dat Xanh Group , a prestigious real estate brand with nearly 20 years of establishment and development across Vietnam. A leading name in the country, it has developed a range of housing and urban projects, providing comprehensive solutions for real estate project development, construction, and the supply of building materials.
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.
NAHB Chairman's Message: Developing a New Generation of Home Building Professionals. ibush. Mon, 03/28/2022 - 20:33. Residential construction will need 2.2 million new hires over the next three years to keep pace with growth and attrition. NAHB recognizes the severity of the skilled labor shortage and is launching several initiatives to help develop the home building industry’s future workforce.
Improving the PROCURMENT MODEL for Facilities Repair, Renovation, Maintenance and Construction begins with a gap analysis, a quantitative review of the current situation and a target of how things can be when improved. Real property owners, architects, engineers, builders, and other stakeholders have long realized the construction industry and the life-cycle management of built environment have proven wasteful.
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.
No End in Sight—Home Prices Rise to a New Record High. ldeakins. Thu, 03/31/2022 - 10:20. Relentless home price gains are pushing a growing number of buyers entirely out of the housing market. Home prices are up to yet another record high at the start of the spring buying season, causing some weary homebuyers to throw in the towel altogether, Realtor.com reports.
Implementing and maintaining a sustainable facilities repair, renovation, maintenance, and new build strategy is now easier than ever. Savvy public sector procurement and facilities management professionals understand the need to integrate planning, procurement, and project delivery teams and processes to achieve best value outcomes. Implementing a collaborative, transparent programmatic framework for all facilities requirements yields a sustainable environment that maximizes available resources
Contractors who ask for help in Cleaning Up their QuickBooks Files before filing taxes have better results than those that do not. The Tax Accountant is happier because the QuickBooks file is clean and easier to work with. They will likely find more deductions that can save you money and, in some cases, mean the difference between success and failure in your construction company.
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.
Located just north of Manhattan, Westchester County, NY — home to more than 170 companies and a labor force of over 520,000 — has a history of business excellence.
What Is Bamboo Flooring? Bamboo is a good building material as flooring tends to be resisting termite attacks and water as compared to any other type of hardwood. Nowadays bamboo … Bamboo Flooring Pros and Cons | Top 5 Pros and Cons of Bamboo Flooring Read More ».
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