Sat.Aug 24, 2024 - Fri.Aug 30, 2024

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The 9 largest commercial construction starts of July 2024

Construction Dive

Total groundbreakings for the month jumped 10% ahead of the Fed’s likely rate cut, according to Dodge Construction Network.

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What is a ‘Construction Defect’: Identifying and Addressing Issues

Building Radar

A construction defect is any flaw in the design, materials, or workmanship of a building that leads to its failure or inability to function as intended. These defects can range from minor aesthetic issues, like cracked tiles, to more severe structural concerns that could compromise the safety and integrity of the building. Recognizing and addressing construction defects early can save building owners, contractors, and developers from costly repairs and legal disputes.

Legal 71
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New Energy Construction Jobs Outpace Other Hiring Growth, Report Says

ENR Construction

Energy sector construction added nearly 90,000 U.S. jobs last year, a 4.5% increase and more than double the overall job growth rate—but will changing EV trends now put growth at risk?

Risk 77
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Validate a Construction Takt Plan

Job Order Contracting

How to validate a construction takt plan: Validating an “optimized” TAKT plan is challenging, if not impossible, without access to an objective and granular local market database of construction tasks that includes labor, material, and equipment requirements. Here’s why this database is critical: 1. Accurate Resource Planning Labor: Without detailed information on labor requirements for each task, it’s difficult to determine whether the TAKT time is feasible or if you have the

Plans 246
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A Practical Guide to Profitable, Sustainable Construction Strategies

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.

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Safety Services Company Named One of the Top Companies to Work for in Arizona 2024

Safety Services Company

We are thrilled to announce that Safety Services Company has been recognized as one of the Top Companies to Work for in Arizona 2024! This esteemed recognition is a testament to our genuine love for people. We have an unwavering commitment to creating an outstanding workplace that fosters growth, collaboration, and employee satisfaction, and we’re honored to receive this recognition About Our Incredible Team At Safety Services Company , we have always believed that our employees are our greatest

Arizona 71

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Report calls for private funding for transport infrastructure

Construction Law

A ‘Rail and Urban Transport Review’ commissioned by the Labour Party while in opposition has published recommendations to accelerate the unlocking of benefits from rail and urban transport infrastructure investment, calling for a greater role for private funding. 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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Outsmart Fraudsters: Arm Your Finance Team with the Latest Defense Strategies

Construction Business Owner

Outsmart Fraudsters: Arm Your Finance Team with the Latest Defense Strategies Discover cutting-edge tactics and tools to protect your business from evolving financial threats. mhodges Wed, 08/28/2024 - 11:12 Is your finance team tired of constantly battling against fraudsters who always seem to be one step ahead? From paper check fraud to sophisticated phishing attacks, businesses are under siege by these cunning criminals.

Finance 364
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What is a ‘Lump Sum Contract’: Understanding Fixed-Price Agreements

Building Radar

A “lump sum contract”, also known as a fixed-price contract, is one of the most common types of agreements in the construction industry. This type of contract stipulates a single price for all work done on a project, regardless of the actual time and materials used. Lump sum contracts can offer both advantages and disadvantages for contractors and clients alike, making it crucial to understand their structure and application fully.

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Battery energy storage systems will help power the future

Construction Dive

Battery Energy Storage Systems (BESS) are revolutionizing renewable energy by stabilizing power grids and managing the push and pull of power for a more reliable and sustainable future.

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The Funding Blueprint for Your Construction Business – Your Guide to Growth

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.

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How to Create a Business Continuity Plan

Construction Marketing

In today’s unpredictable environment, every organization must prepare for potential disruptions. A business continuity plan outlines the procedures and strategies that ensure the continuity of critical business functions during and after a major disruption. Such disruptions can arise from various sources, including natural disasters, cyberattacks, or even pandemics.

Plans 183
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Your Handbook for Easy Wheel Loader Selection

Construction Business Owner

Your Handbook for Easy Wheel Loader Selection ccapoccia Thu, 08/29/2024 - 11:09 Wheel loaders are versatile, powerful machines known for their robust design and efficiency on jobsites. But how do you decide which loader features are best for you and your specific needs? The process of selecting a new wheel loader involves several considerations, including the type of material being handled, the working environment, comfort features, technology, maintenance, safety and specific tasks to be comple

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Construction Business Continuity - From Labor To Legacy

Contractor Bookkeeping

We often overlook the immense value that construction contractors bring to our communities. From building our homes and schools to developing infrastructure and commercial spaces, construction contractors like you play a vital role in shaping our world. Your contributions are undeniably essential, yet they often go unrecognized. This Labor Day weekend, it's time to shed light on your significant impact on our everyday lives.

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How contractors can guard against wage theft on their jobsites

Construction Dive

GCs need to thoroughly vet subcontractors, use careful contract language and lean on labor partnerships to limit their risk, attorneys say.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

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.

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Planera Raises $13.5M in Funding, Plans to Double Down on Scheduling

ENR Construction

The software startup, which makes a construction scheduling and planning platform, announced Aug. 27 it has raised $13.5 million in a series A funding round led by Sierra Ventures.

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How to Solidify Your Hiring & Retention Strategies

Construction Business Owner

How to Solidify Your Hiring & Retention Strategies ccapoccia Thu, 08/29/2024 - 10:58 This year, the U.S. construction industry will need to hire roughly half a million workers on top of the normal pace of hiring to meet demand, according to a projection from Associated Builders and Contractors.

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Louisiana Payment Bond Changes: What Material Suppliers Need to Know

Levelset

Louisiana Governor Jeff Landry recently signed two significant pieces of legislation into law: La. Acts Nos. 758 and 761. These acts represent a substantial shift in how payment bond defenses are handled for sureties under both the Public Works Act and the Private Works Act. What makes these changes particularly impactful is their specific implications for material suppliers.

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Solar cell manufacturer halts $400M Colorado plant

Construction Dive

Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs, Colorado, into a solar cell facility.

Colorado 152
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Ediphi Creates Platform for Cloud-Based Precon Estimates

ENR Construction

While cloud computing and the abundant project data it provides have transformed everything from construction management to conceptual design, preconstruction estimating remains stubbornly unchanged

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Ribbon Cut on SVMC’s New Emergency Department

PC Construction

Yesterday, the Southern Vermont Medical Center celebrated the completion of their emergency department modernization project with an official ribbon cutting ceremony. The project went through several design and scope iterations and was then delayed due to the pandemic prior to breaking ground in the fall of 2021. The 14,000-square-foot addition and 11,000 square feet of renovations was broken into several phases and temporary scopes of work to maintain ongoing operations and ensure uninterrupted

Vermont 52
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DOJ Looks To Sting Georgia Tech Under the False Claims Act: The Perils of Cybersecurity Non-Compliance

Federal Construction Contracting Blog

On August 22, 2024, the Department of Justice (DOJ) filed a complaint-in-intervention in a previously filed whistleblower suit under the qui tam provisions of the False Claims Act (FCA) against the Georgia Institute of Technology (Georgia Tech) and Georgia Tech Research Corp. (GTRC), an affiliate of Georgie Tech, for falsely representing its compliance with Department of Defense (DoD) cybersecurity requirements.

Georgia 52
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How Gilbane used an AI tool to track 21,000 documents

Construction Dive

The Providence, Rhode Island-based contractor leveraged Trunk Tools’ artificial intelligence program to prevent costly rework and save time and money.

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How Poor Planning and Budgeting Lead to Construction Cost Overruns

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.

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Contractors Struggle to Fill Craft Positions, AGC Survey Finds

ENR Construction

Some contractors have been turning to new strategies to find workers amid a labor shortage.

AGC 78
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No one can measure the rewards of building for education

The Korte Company

Coming home to manage construction for Highland schools The student body population at Highland primary and middle schools was growing and needed more space. The district knew for several years that they’d already exceeded capacity at the primary school and soon would do the same at the middle school. On the south side of town, the primary school didn’t have room for the 600 three- to seven-year-olds.

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What are the Mega Trends in the Construction Industry: Insights for the Future

Building Radar

The construction industry is undergoing a significant transformation, driven by several mega trends that are shaping its future. Understanding these trends is crucial for professionals seeking to stay ahead in this ever-evolving landscape. This article explores some of the most influential trends that are currently redefining construction and offers insights into how businesses can adapt to these changes.

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Low-carbon materials a ‘huge opportunity’ to green the transportation sector

Construction Dive

The DOT is releasing $800 million to reimburse builders for using cleaner construction products, Federal Highway Administrator Shailen Bhatt told Construction Dive.

DOT 149
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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

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.

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Millions of Acres Added for Solar Power Projects on Public Land

ENR Construction

U.S. Bureau of Land Management releases final plan to direct expanded development on about 31 million acres in 11 western states.

Plans 77
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Industry needs to do more on building safety, admits CLC report

Construction Law

A Construction Leadership Council (CLC) report on progress made by the industry to improve building safety following the Grenfell Tower tragedy admits that ‘much work’ remains to be done to produce the industry transformation that would deliver safe buildings. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Safety 40
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Procurement Negotiation Strategies in Construction: Maximizing Value and Reducing Costs

Building Radar

Effective procurement negotiation strategies are crucial for success in the construction industry. From securing high-quality materials at competitive prices to establishing strong relationships with suppliers, procurement teams have a significant impact on the overall cost structure of a construction project. By implementing strategic negotiation techniques, construction companies can maximize value while reducing costs, ensuring both short-term gains and long-term sustainability.