Sat.Dec 28, 2024 - Fri.Jan 03, 2025

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Why construction productivity growth is lagging — and what to do about it

Construction Dive

From 2000 to 2022, global construction productivity improved only 10%, just one-fifth the rate of the overall economy, write McKinsey & Co. partners.

Products 126
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How Construction Business Owners Can Overcome Digital Hurdles

Contractor Bookkeeping

We are witnessing a remarkable transformation driven by Artificial Intelligence (AI) and automation. While these advancements promise to enhance efficiency and speed, business owners must recognize the enduring importance of soft skills in their teams for long-term success and competitiveness. The construction industry has also experienced a significant transformation in recent years, driven by technological advancements.

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Industry Econ Forecast 2025

Contractor Magazine

Which way is the construction market heading in the coming year, and what are the chief economic factors that might affect mechanical contractors?

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Construction TARGET COSTING – Should be required of all public sector real property owners

Job Order Contracting

Construction Target Costing is a method used to shape repair, renovation, maintenance, or new build outcomes and process design to deliver customer value within specific constraints. Despite its effectiveness, it is seldom utilized by public sector real property owners. To effectively implement Construction Target Costing, several key elements must be considered: 1.

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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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Mohawk Industries Joins ISNetworld® – Here’s What Contractors Need to Know

Safety Services Company

When Mohawk Industries , the worlds largest flooring manufacturer, decided to join ISNetworld, it set a clear signal to contractors nationwide: working with them now requires meeting compliance standards outlined by ISN. For contractors, this presents both an opportunity and a challenge. If youre already working with Mohawk Industries or are looking to work with them in the future, youll need to ensure compliance with Mohawk Industries on ISNetworld.

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PC Completes Upgrades to University of Vermont Medical Center Emergency Department

PC Construction

The PC team recently wrapped up a 3,000-square-foot renovation to the existing Emergency Department at the University of Vermont Medical Center (UVMMC). The goal of the project was to construct a dedicated pediatric space within the Emergency Department and incorporate significant upgrades to maximize patient comfort and enhance staff amenities. PC built five new whimsically-themed pediatric examination rooms and a secured waiting space dedicated to pediatric patients.

Vermont 74
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Task Orders for Preventive Maintenance – Government Sector

Job Order Contracting

Far too often task orders for preventive maintenance are inefficient due to poor process and a lack of cost visibility/management. A task order is a miniature contract that is used to define a project’s scope, cost, schedule, and to determine the obligations of the parties to the agreement1. It is an order for products or services associated with a main general contract that sets out the basic stipulations of a business agreement, in this case a preventive and routine maintenance contract.

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Boost Construction Performance with Technology

Construction Business Owner

Boost Construction Performance with Technology Learn how technology can solve challenges, improve efficiency, and secure a competitive edge. mhodges Mon, 12/30/2024 - 08:20 How to Leverage Technology for Improved Performance in the Construction Industry The construction industry is experiencing a pivotal moment in digital transformation, facing persistent challenges threatening efficiency and growth.

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Biden Blocks Nippon Steel $15B Buy of US Steel, Cites National Security

ENR Construction

President Joe Biden cites US Defense Production Act and "credible evidence" that Japanese competitor "might take action that threatens to impair the national security" of the country.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Key Bridge rebuild to begin this month

Construction Dive

Crews will start preconstruction on Jan. 7, and demolition of the remnants of the collapsed span will begin in the spring.

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DoD’s reliance on RSMeans for FSRM

Job Order Contracting

The DoD’s reliance on “RSMeans “for FSRM (Facilities Sustainment, Restoration, and Modernization) cost management, despite the availability of current and verifiable local cost data , likely stems from several historical and institutional factors: 1. Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation.

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See Why Professionals Trust DEWALT POWERSHIFT™

Construction Business Owner

See Why Professionals Trust DEWALT POWERSHIFT Hear the first-hand accounts mhodges Mon, 12/30/2024 - 08:38 These users have experienced the epic power, performance and runtime of the DEWALT POWERSHIFT Cordless Equipment System. See how its transforming jobsites by making their work easier and more efficient. Click here to watch the video.

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East Coast Fusion Power Firm Picks Virginia for First Grid-Scale Plant

ENR Construction

Commonwealth Fusion will locate 400-MW facility at Richmond-area site, aiming to secure permits next year and operate by the early 2030s, backed by private investment and some multi government funding support

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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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New year, new CEO at Mortenson

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Sustainable construction prerequisites

Job Order Contracting

Sustianable construction prerequisites for improving cost, schedule, quality, and satisfaction outcomes deserve greater focus. First, let’s define sustainable construction. In this context Sustainable Construction is the practice of planning, designing, building, and operating buildings and physical infrastructure in an environmentally and financially responsible way, involving, but not limited to: Using robust, integrated Planning, Procurement, and Project Delivery Frameworks Minimizing w

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Tariffs could jump by $800B annually: PwC

Construction Dive

Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.

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U of Arizona team wins DBIA student competition

Construction Dive

A group of five women won the organization’s annual design-build competition by submitting the best bid on an imaginary airport project.

Arizona 85
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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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Multifamily starts fall dramatically

Construction Dive

Apartment completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.

Permits 77
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New Jersey breaks ground on hurricane shelter for rail cars

Construction Dive

Alongside a new service and inspection facility, the construction team will build 5 miles of electrified track.

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Wearables at work can break the law if employers aren’t careful, EEOC warns

Construction Dive

A newly released fact sheet by the commission explains how employers may approach and use wearable technology, like smart watches, in the workplace.

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Nonresidential spending dips

Construction Dive

Despite a boom in data center projects, construction momentum has slowed due in part to elevated financing costs, according to ABC's chief economist.

ABC 68
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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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ENR Travel Memories: Reporting From Disaster Zones, Various Locations, 2000s

ENR Construction

ENR editor Tom Sawyer traveled extensively for ENR to project sites, disaster areas and war zones far afield and close to home.

Travel 69
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New York Initiative Funds Clean Energy Apprenticeships

ENR Construction

A $45 million New York initiative is developing a diverse pipeline of skilled workers to meet the clean energy sectors projected workforce needs.

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Earthcam Deploys Visual AI That Tracks Materials and Safety

ENR Construction

AI analysis of real-time video imagery is offering benefits not just for detecting workers in unsafe conditions but automatically logging delivery and installation of materials and equipment on site.

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Court Upholds $68M Jury Award Over 2021 Fatal Fall in Philadelphia

ENR Construction

The jury assigned fault to several companies connected to the developer.

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Seamless Finance Solutions for Construction Leaders

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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East Coast Fusion Power Pioneer Picks Virginia for First Grid-Scale Plant

ENR Construction

Commonwealth Fusion will locate 400-MW facility near Richmond. aiming to secure permits next year and operate by the early 2030sbacked by moe than $2B in private investment and government funding.

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OSHA Fines Alabama Contractor After Site Manager Electrocuted

ENR Construction

Officials say required safety precautions could have prevented the death of the unidentified 44-year-old crew manager.

Alabama 53
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Transit Construction Goes Full Steam Ahead in India

ENR Construction

Construction is more than halfway complete on $3B worth of new lines in Delhi region.