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6 Reasons to Lease Compact Equipment ccapoccia Wed, 07/24/2024 - 16:51 In an industry as dynamic and fast-paced as construction, efficiency and flexibility are paramount. One key strategy that construction companies may consider to maintain a competitive edge is leasing equipment. It’s important to note that when it comes to buying, renting or leasing there is no wrong choice — every business is unique, and the decision comes down to what’s best for your specific needs.
Total groundbreakings plummeted to kick off the summer, but included a $1.5 billion data center in Ohio and $1 billion multifamily building in Florida.
Balancing Objectives and Costs for Job Order Contracting is often overlooked by most organizations. Are you consistently achieving quality on-time, on-budget repair, renovation, maintenance, and new build outcomes at a reasonable cost? Do you have full, verifiable, objective cost visibility? Are you using just to simply speed the procurement process?
Accountability: An Easy Word to Say, but a Hard Word to Practice ccapoccia Wed, 07/24/2024 - 14:52 I f you ask any associate in any construction organization the top two areas of improvement, the first would probably be communication. Feeling in on things, knowing the direction of the firm, knowing the score of the game, “drive-by” communication and lack of time are all common factors that have led to the conclusion that communication appears to a weakness.
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.
State officials plan to rebuild the collapsed bridge in Baltimore using the same footprint as the original that was struck by a container vessel in March.
Strategic partnerships are key to success, these collaborations between contractors, suppliers, and other stakeholders enhance project efficiency, reduce costs, and improve overall project outcomes. In this article, we’ll explore the significance of strategic partnerships in construction events and provide practical insights on how to foster these valuable relationships.
Strategic partnerships are key to success, these collaborations between contractors, suppliers, and other stakeholders enhance project efficiency, reduce costs, and improve overall project outcomes. In this article, we’ll explore the significance of strategic partnerships in construction events and provide practical insights on how to foster these valuable relationships.
Understanding IRS Credits, Regulations & Compliance ccapoccia Wed, 07/24/2024 - 16:15 The Inflation Reduction Act of 2022 (IRA) aims to incentivize companies to implement a number of goals. Among other objectives, goals include building additional infrastructure, manufacturing equipment needed to strengthen domestic supply chains, reducing energy costs and greenhouse gas emissions, increasing the number of available jobs, and paying wages not less than the prevailing rates for workers’ effor
Researchers at the university’s Helmet Lab are turning their attention from the gridiron to the jobsite to better understand how to mitigate head injuries at work.
Supply chain transparency is critical for the construction industry, where managing complex networks of suppliers, subcontractors, and logistics partners can significantly impact project success. As the industry grows increasingly complex, ensuring transparency throughout the supply chain not only mitigates risks but also enhances efficiency and builds trust among stakeholders.
Fire-Rated Frames Contribute More Than Code Compliance 1 kcichowicz Mon, 07/22/2024 - 10:52 Fire-rated design is no longer limited to opaque materials. Fire-rated glass and narrow-profile, fire-rated frames support inspiring and code-compliant designs. Defending against fire is an essential part of safer school design. It is also a code requirement in many commercial occupancies—from retail and multifamily buildings to offices and warehouses—and for good reason.
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.
Your Guide to Work Boots for Construction & Other Trades ccapoccia Thu, 07/25/2024 - 10:18 Having the right footwear is critical for comfort and safety. However, depending on your trade, you might have unique requirements, and the type of work boots you choose can make a significant difference in performance and protection. Here’s a comprehensive look at 10 essential types of work boots for various trade workers, such as construction workers, electricians, HVAC professionals, landscapers and
Construction planning, procurement, and project delivery integration is a prerequisite to the consistent delivery of quality facilities repair, renovation, maintenance, and new build project on time and on budget. Failure to achieve the above is the #1 reason for the rampant waste endemic to public sector organizations. Achieving integration and collaboration among internal and external groups is far from complex.
The Reston, Virginia-based builder continues to work on the Port Arthur project’s first phase, a $13 billion undertaking that will finish between 2027 and 2028.
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.
ESOP: An Independent Alternative to Mergers & Acquisitions ccapoccia Wed, 07/24/2024 - 16:27 I ndependence drives the construction industry. Builders and skilled tradespeople constantly go out on their own and take big chances, because they believe there is a better way to get things done. Rugged individualism helps create better processes, more ambitious projects and durable businesses.
Unlocking the door to Objective Verifiable Construction Cost Estimates is now possible with current, locally research line item labor, material, and equipment data from Four BT, LLC (4BT). An important construction cost estimating improvement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks.
The recent cyber outage is a stark reminder of digital systems' vulnerability and potential impact on businesses, including those in the construction industry. This incident offers several critical lessons for construction bookkeeping. As a contractor, your accounting and bookkeeping systems are vulnerable not only to cyber threats but also to software outages, which can compromise sensitive financial data and disrupt business operations.
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.
Being Present: A Key to Effective Leadership ccapoccia Wed, 07/24/2024 - 16:35 T he world is transforming faster than ever. Many employees and leaders are feeling overwhelmed by rapidly evolving markets, a new generation entering the workforce and the impact of the digital age. To adapt to these changes and continue to enable your organization to grow, you first need to look within.
It’s critical that FM professionals engage, inspire, and harness the full potential of internal and external teams. Communicate vision, purpose, mission, and strategy for your organization clearly, directly, and continuously. FM Productivity Solution – Technology #1. Collaborate and communicate at speed and scale. #2. Ensure cost visibility and cost management capability. #3.
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.
Is Your Equipment Set Up for a Successful Job? ccapoccia Thu, 07/25/2024 - 09:02 Concrete pumps are indispensable assets in the construction industry. Over time, they have revolutionized the way concrete is placed, and enhanced the efficiency of construction projects. Whether it’s pouring foundations, erecting tall structures or constructing intricate architectural designs, concrete pumps play a pivotal role in ensuring precision, speed and accuracy.
Current, objective, verifiable, and detailed construction cost data is critical to achieving any useful level of cost visibility and cost management. The fact that detailed unit price cost estimates using this type of information is rarely used and shared among owners and design/builders is largely responsible for cost overruns. “National average price books” are wide used by both owners and design/builders, however, cannot provide an adequate representation of local market conditi
While many construction material suppliers are being overshadowed by larger corporate organizations, independent provider of high-quality building materials Action Gypsum Supply (Gypsum) continues to grow. Its longevity can be attributed to its independent status and business ethos, which empower it to prioritize relationships with customers and effectively support their businesses.
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.
The Reality of Using VR for Health Care Construction ccapoccia Thu, 07/25/2024 - 10:07 The continued advancement and affordability of virtual reality (VR) and its close cousins, augmented reality (AR) and mixed reality (MR), continue to directly influence and, in some ways, redefine the means and methods of project delivery. The ability to simulate a three-dimensional environment in detail can greatly enhance the planning, design and conceptualization phases of building, particularly on complex
Construction Aggregates The U.S. Geological Survey (USGS) defines the construction aggregates industry as those companies that mine and process crushed stone and (or) construction sand and gravel. Construction aggregates are an essential part of the construction industry and serve as an indicator of the strength of the industry. All 50 U.S. States produce construction aggregates.
The GSA’s acceptance of ARCSA/ASPE/ANSI rainwater standards in its mandatory design standards and performance criteria for its buildings signals positive momentum for the rainwater catchment and harvesting industry.
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