Sat.Jul 06, 2024 - Fri.Jul 12, 2024

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Construction Industry Trends: July 2024 Roundup

Viewpoint Construction Technology

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

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Shore Up Safety: Prevent Trenching & Excavation Disasters

Construction Business Owner

Shore Up Safety: Prevent Trenching & Excavation Disasters ccapoccia Thu, 07/11/2024 - 14:40 From my perspective as a director of safety services, trenching and excavation incidents are no accident. They result from failing to recognize — and take necessary precautions to guard against — the danger trenches pose to workers. Yet each year as construction projects ramp up, we see an uptick in trench-related injuries and deaths.

Safety 323
professionals

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ABC: Construction Unemployment Rate Plunges to Second Lowest Ever Recorded

Construction Superintendent Magazine

The construction industry added 27,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 235,000 jobs, an increase of 2.9%. Nonresidential construction employment increased by 21,200 positions on net, with growth in all three subcategories.

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Changes coming to NYC construction safety, permitting

Construction Dive

The code update will affect the definition of a major building and how many permits a superintendent can be involved with at one time, according to former DOB assistant commissioner Peter Amato.

Permits 143
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How General Contractors Can Drive Growth Without Increasing Headcount

For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.

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Discover The Importance Of A Solid Business Plan For Your Contracting Company

Contractor Bookkeeping

Starting a construction business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business toward success. Here's why It Clarifies Your Vision A business plan helps you articulate the vision for your enterprise.

Plans 107

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Work Starts on $1.2B Project to Block Great Lakes Asian Carp Invasion

ENR Construction

Funding deal will push forward two-decade-plus effort to build barriers and take other steps to prevent invasive species migration into the key U.S. shipping and recreation hub.

Deals 74
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Can a VR-enabled AEC firm transform your project?

BD+C

Can a VR-enabled AEC firm transform your project? 0 qpurcell Mon, 07/08/2024 - 09:59 Virtual Reality With the aid of virtual reality and three-dimensional visualization technologies, designers, consultants, and their clients can envision a place as though the project were in a later stage. Sydney Unnerstall, Marketing Coordinator Contractors Designers Engineers Architects BIM and Information Technology Virtual Reality Take a moment to picture yourself entering your new building for the first tim

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Glasgow starts consultation on tall buildings in the City

Construction Law

Glasgow City Council has launched a public consultation on Tall Buildings in the City in response to an increasing number of them being built and planned. 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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Getting back on track – finding solutions to project obstacles

Construction Dive

As labor shortages and lack of skilled workers loom, one MEP Contractor creates pathways to ease project takeovers and meet critical deadlines.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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Nominate Outstanding Women in Construction 2024

Construction Business Owner

Nominate Outstanding Women in Construction 2024 Recognizing today's leading construction professionals mhodges Mon, 07/08/2024 - 14:54 Construction Business Owner (CBO) Magazine is thrilled to announce the opening of nominations for our annual celebration of some of the most hardworking professionals in the industry — our special section to honor Outstanding Women in Construction (OWIC).

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GSA PBS JOC Program Management Audit – Issues Continue

Job Order Contracting

GSA PBS JOC Program Management Audit – Issues Continue: The General Services Administration (GSA) Public Buildings Service (PBS) has faced scrutiny and criticism in the past for various financial and management issues, including those related to Job Order Contracting (JOC) programs. Financial Management Issues Budget Overruns : There have been instances where projects managed by GSA PBS exceeded their budget estimates, leading to increased costs and financial inefficiencies.

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The Top 10 Smart Home and Building Innovations 

Construction Today

The construction industry is at the forefront of a technological revolution, and nowhere is this more evident than in the rise of smart homes and buildings. These structures leverage advanced technologies to create more efficient, comfortable, and sustainable living and working environments. Here’s a comprehensive look at the 10 key innovations driving this transformation: The Internet… Source The post The Top 10 Smart Home and Building Innovations appeared first on Construction Tod

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Data center demand continues despite supply bottlenecks

Construction Dive

Momentum for these projects has escalated again, fueled by institutional investment and strong underlying fundamentals, according to a recent CBRE report.

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12 Reasons Specialty Contractors Need a Construction-Specific Software Platform

As a specialty contractor, your success hinges on your ability to manage complex workflows, maintain cost control, and deliver projects on time. But are you still relying on outdated systems or multiple software packages that create data silos and inefficiencies? This comprehensive eBook reveals the 12 key reasons why investing in a construction-specific software platform is the game-changer your business needs.

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What You Stand to Gain From Mentorship Programs

Construction Business Owner

What You Stand to Gain From Mentorship Programs ccapoccia Thu, 07/11/2024 - 10:54 Mentorship has direct impacts on a career. Your business can benefit from implementing or participating in a mentorship program for your workforce.

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Prices of Construction Materials Fall 0.3% in June

Contractor Magazine

Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.

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Intel Capital Invests in $15M Venture Round for AI-Powered Buildots

ENR Construction

The startup has seen its construction progress documentation and machine learning-based schedule analyzer technology used on large, complex projects around the globe.

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Easing inflation, potential rate cuts boost backlog

Construction Dive

Builders have fared well so far this year despite high interest rates, rising prices and emerging weakness in the broader economy, according to ABC Chief Economist Anirban Basu.

ABC 150
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Prices of Construction Materials Fall 0.3%

Construction Superintendent Magazine

Construction input prices fell 0.3% in June 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 declined 0.4% for the month. Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.

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High-water mark of adjudication passed with Supreme Court judgment

Construction Law

Collateral warranties are not construction contracts and cannot be the subject of adjudications, the Supreme Court has ruled. 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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SOM, Energy Vault Enter Partnership on Gravity-Based Energy Storage

ENR Construction

The companies will continue to develop systems that use the lifting of large composite blocks and the pumping of water to store potential energy for later power generation.

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After stalled labor talks, $2B Columbus airport project receives more funds

Construction Dive

Negotiations between local unions and contractors did not yield an agreement, but Hensel Phelps and the project owner say they’re dedicated to hiring local, disadvantaged businesses.

Columbus 146
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Leading the Way in Construction EHS Software

The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

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New Quarterly Cost Report Charts Construction Trends in North America Cities

Construction Superintendent Magazine

International property and construction consultancy firm Rider Levett Bucknall has released its latest Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest RLB quarterly cost report, with data current to mid-Q2 2024, shows that the national average increase in construction costs was 1.12% over the previous quarter.

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New procurement routes promised for water infrastructure investment

Construction Law

Water regulator Ofwat proposes cuts to water company’s infrastructure investment plans over the next five years by some £16 billion, at the same time as announcing that new funding models will be used in procurement of what is still a giant programme of £88 billion. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Feds Offer New $1.2B Loan for Entek EV Battery Component Plant

ENR Construction

Clayco is building 1.4-million-sq-ft Indiana plant to produce wet-process lithium-ion battery separators for EV batteries with conditionally awarded Energy Dept. loan, officials announced July 9.

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DOT awards $1.8B in transportation infrastructure grants

Construction Dive

Nearly 150 road, rail, transit and port projects will receive discretionary grant funds from the Rebuilding American Infrastructure with Sustainability and Equity, or RAISE, program.

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The Ultimate Procurement Software Buyer’s Guide

Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

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AIA’24: Colorful and Creative Metal Cladding

BD+C

AIA’24: Colorful and Creative Metal Cladding 1 kcichowicz Tue, 07/09/2024 - 10:08 Missed us at AIA? Join Petersen’s Rob Heselbarth in the booth for a closer look at the wide range of colors and creative uses of PAC-CLAD products.

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Driver death leads to £333,000 fine for housebuilder

Construction Law

Housebuilder Avant Homes has been fined more than £300,000 after a driver was crushed to death by falling concrete blocks at a construction site in South Lanarkshire. 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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AI Has the Potential to Save Construction From Worker Shortages, It Should be Nurtured, Not Feared

ENR Construction

AI will speed up our ability to run projects and address issues. It will also help people concentrate on becoming better builders, rather than simply learning systems.