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Departments of Transportation in North Carolina and Tennessee are still assessing the extensive damages from Hurricane Helene, forecasting a months-long effort to repair hard-hit critical arteries such as Interstate 40.
Winning high-value projects depends on more than just having a great sales team—it’s about identifying the right opportunities early and filtering out unqualified leads. An effective lead qualification process helps sales teams focus on the prospects that are most likely to convert, saving time and maximizing resources. By incorporating advanced technologies like AI, companies can optimize their lead qualification efforts, improving efficiency and driving revenue growth.
Securing funding is one of the most crucial steps when starting or expanding a business. However, deciding on the right financing type can significantly impact immediate operations and future growth. As such, business owners must weigh various factors to determine the best fit between short-term and long-term funding. Read on to learn how to finance a business with either short-term or long-term financing.
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.
October is Careers in Construction Month, a time to celebrate the vital role construction professionals play in our communities. The construction industry continues to face a well-documented workforce shortage, with an estimated 546,000 additional workers needed to meet demand in 2024. Why a Career in Construction is More Than Just a Job A fulfilling career in construction goes beyond earning a paycheck.
The construction industry is undergoing significant transformation, with digital technologies reshaping how business is done. Yet, despite the rapid evolution, traditional sales methods—rooted in face-to-face interactions, relationship building, and personal connections—still play a crucial role in the sector. To succeed in today’s competitive market, construction sales teams need to master both digital and traditional skills.
The construction industry is undergoing significant transformation, with digital technologies reshaping how business is done. Yet, despite the rapid evolution, traditional sales methods—rooted in face-to-face interactions, relationship building, and personal connections—still play a crucial role in the sector. To succeed in today’s competitive market, construction sales teams need to master both digital and traditional skills.
Construction employment increased in 39 states in August from a year earlier, while 27 states and the District of Columbia added construction jobs between July and August, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said that tight labor market conditions are making it hard for firms to find enough workers to hire.
Guest Editor Daniel Warren of DLA Piper UK LLP finds a key lesson learned from the Covid pandemic was the importance of properly negotiated and understood force majeure clauses. The pandemic proved the value of collaborative approaches. This story is only available to subscribers to the printed edition of Construction Law. If you have a subscription please log in to read the rest of the story.
Visual Indication Trims Can Increase Patient Privacy & Medical Safety 1 kcichowicz Tue, 10/01/2024 - 11:28 Visual indication trims display a door’s status and can be specified throughout the built environment to support privacy and medical safety. In health care settings, the use of visual indication trims on the door lock largely supports privacy for both patients and providers.
Mini excavators have become indispensable tools for both construction and utility work. Their compact size allows for precision in delicate tasks, such as digging around underground utilities, where large equipment would be impractical. In recent years, operators have increasingly favored mini excavators for their adaptability across various tasks, particularly in tight or sensitive environments… Source The post CM Labs Revolutionizes Mini Excavator Training with Advanced Simulation Pack a
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.
How Dash Cams Help Your Construction Company Because Hazards for Construction Companies Aren’t Just on the Jobsite mhodges Tue, 10/01/2024 - 15:26 In a typical group of employees who drive company vehicles, 15 to 20 percent of them will represent 80 percent of the risk. Read that again, because it’s a game changer that should cause construction companies to seriously consider a dual-facing (both driver- and road-facing) dash cam system.
Improving Multi-Trade Construction Cost Estimates is critical for any CM or real property owner. Depending solely upon historical costs or subcontractor/trades quotes will not provide sufficient cost visibility or cost management capability. Leveraging current, granular, and locally researched labor, material, and equipment cost data enables CMs and real property owners to validate information, thereby improving multi-trade construction cost estimates.
After several months of cooling, which experts speculate was mostly confined to the residential sector, unfilled positions increased by 138,000 in August.
Does this sound like you? Maybe you started your company with a few friends and relatives as your earliest clients, and you thought your overhead expenses would be low since you worked out of your home. You made a decent living for yourself, hired a few sub-contractors per project, paid your suppliers, and earned a profit—at least that is what your tax preparer said.
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.
The Way Construction Finance Should Be Empowering builders to secure the best financing that is seamlessly streamlined to the job site. mhodges Tue, 10/01/2024 - 10:10 No matter what construction project you have started or comingdown the pipeline, we would love to fund it. As a direct lender, we arehere and ready to help builders like you fund their projects and keepbusiness going strong.
The construction unemployment rate increased to 3.7% in September. Unemployment across all industries decreased from 4.2% in August to 4.1% last month.
By John A. Jackson, AIA Photo courtesy Simpson Gumpertz & Heger Inc. Curtain wall systems are ever present in today’s commercial construction marketplace. Whether creating new architectural expressions or rehabilitating architecturally significant historic buildings, from stick-built to unitized, “off-the-shelf” commodity to custom bespoke systems, utilizing insulating glass units or opaque spandrel panels, simple flat or complex geometry; it seems the sky is the limit with curtain wall desi
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.
Members will receive $800 a week in maternity benefits for a minimum of 12 weeks, union General President Brent Booker told the Tradeswomen Build Nations conference in New Orleans.
Both private and public sectors appear to be benefitting from falling interest rates and a positive outlook for the economy, according to a construction economist.
4 ways AI impacts building design beyond dramatic imagery 0 qpurcell Thu, 10/03/2024 - 07:52 AEC Tech Kristen Forward, Design Technology Futures Leader, NBBJ, shows four ways the firm is using AI to generate value for its clients. Kristen Forward, Design Technology Futures Leader Designers Architects AEC Tech Innovation BIM and Information Technology We’ve all seen them: swoopy, plant-filled architectural renderings that blur the line between imagination and reality.
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.
Steve Panelli, Chief Plumbing Inspector, City and County of San Francisco, and Jeremy Stettler, Coordinator/Inspector, Davis School District, Clearfield, Utah, were elected to second terms as president and vice president, respectively.
Contractors can recruit this group of workers with benefits like tuition reimbursement, mental health counseling and even pet insurance, according to an industry executive.
Trends in scientific research environments: Q&A with Flad's Matt McCord 0 dbarista Wed, 10/02/2024 - 13:54 Laboratories As part of an ongoing series, Matt McCord, AIA, NCARB, LEED AP BD+C, Associate Principal with Flad Architects, discusses the future of the scientific workplace. Laboratories Contractors Designers Designers / Specifiers / Landscape Architects Engineers Facility Managers Architects Building Owners As part of an ongoing blog series, Matt McCord, AIA, NCARB, LEED AP BD+C, Associate
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 construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 138,000 last month but are down by 16,000 from the same time last year.
It’s time to plan for the year to come. Construction Dive has you covered with a full list of the industry conferences, expos and meetings on tap for 2025.
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