What's Hot, What's Not (A Lot): Q3-Q4 2022 Construction Metrics Index
Viewpoint Construction Technology
FEBRUARY 27, 2023
How do construction project statistics, contract values, hiring metrics, and cash flows trends look on a quarterly basis?
Improve Cash Flow Forecasting with Autodesk Construction Cloud
Autodesk Construction Cloud
AUGUST 11, 2021
For any business, having enough operational cash on hand is critical. Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. Cash Flow Forecasting with Autodesk Construction Cloud. Project Level Cash Flow Analysis.
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The Trimble Viewpoint Q2 2021 Metrics Index Report
Viewpoint Construction Technology
SEPTEMBER 22, 2021
The Quarterly Construction Metrics Index: Q2 2021 analyzes project stats, contract values, hiring metrics and cash flow trends pulled from real-time T.
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Claritas Group heading for liquidation
Construction Enquirer
JUNE 2, 2023
Kent based contractor Claritas Group is heading for liquidation after being sunk by cash-flow and inflationary pressures. CEO and founder Jon Wardle confirmed the news in a statement while thanking staff and suppliers for the impact of the failure. “To our supply chain who supported us to the end.
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PMSJ Releases Quarterly Market Forecast
Construction Superintendent Magazine
JANUARY 23, 2023
Since proposal activity is a leading indicator for backlog, revenue, and — ultimately — cash flow, the latest NPMI values provide a valuable glimpse into cash flow over. Read more The post PMSJ Releases Quarterly Market Forecast appeared first on Construction Superintendent.
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Transforming Construction Payments: Autodesk's Strategic Move with Payapps AcquisitionÂ
Autodesk Construction Cloud
FEBRUARY 1, 2024
Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.
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Construction Law: May 2024
Construction Law
MAY 2, 2024
Editor’s comment Work will flow soon from giant water investment programme The water industry’s giant AMP 8 investment programme will place procurement under the spotlight, says Editor Nick Barrett. billion A9 Dualling programme.
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Claritas Group went down owing £7m to supply chain
Construction Enquirer
JUNE 25, 2023
The Kent based contractor confirmed earlier this month that it was heading for liquidation following cash flow and inflationary pressures. Subcontractors and suppliers to the collapsed Claritas Group have been left holding unpaid invoices totaling more than £7m. Details show trade creditors owed £2.7m and subcontractors a further £4.6m
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Kier whittles net debt down to £230m
Construction Enquirer
JULY 19, 2023
He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September.
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J Tomlinson going into administration
Construction Enquirer
JULY 10, 2023
It is the latter division which has been battling long term contracts with hyper inflation, schemes priced pre-covid which ultimately has impaired the groups cash-flow. Nottingham based contractor J Tomlinson is heading for administration. Sadly today, we have to announce we have been unsuccessful in this regard.
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Suppliers left high and dry as Haydon M&E goes under
Construction Enquirer
JULY 31, 2023
The collapse comes less than a year after Haydon entered a Company Voluntary Arrangement with its creditors in August 2022 following cash flow pressures. The company is now in the hands of administrators from insolvency specialist Leading. The CVA deal was designed to distribute at least £7.2m
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Construction Business Owner Blogs
Construction Business Owner
MARCH 1, 2012
Industry News. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Construction Safety. Sales/Marketing.
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Haydon M&E files administration notice
Construction Enquirer
JULY 25, 2023
Haydon entered a Corporate Voluntary Arrangement with its creditors in August 2022 following cash flow pressures. Latest results for the London based M&E specialist show it had a turnover of £66.2m for the year to December 31 2021 generating a pre-tax loss of £6.2m. The CVA deal was designed to distribute at least £7.2m
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Mast climbing specialist falls into administration
Construction Enquirer
JUNE 21, 2023
Interpath said historically the company enjoyed a strong order book, with a number of successful large-scale projects across the United Kingdom, over recent years it had been faced with “significant operational, health & safety and financial challenges, which resulted in trading losses and significant cash flow pressure.”
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Construction Business Owner Blogs
Construction Business Owner
OCTOBER 26, 2011
Industry News. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing.
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Step Up Your DEI Initiatives with Certification Tracking in BuildingConnected
Autodesk Construction Cloud
NOVEMBER 16, 2022
times higher cash flow per employee over a three-year period than non-diverse companies.” The good news is that construction firms aren’t just participating in these programs—many are going above and beyond typical DBE requirements.? . And we can expect this to continue, thanks to the $1.2
5 Ways to Prepare for New Revenue Recognition Standards
Viewpoint Construction Technology
APRIL 17, 2018
The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Recognize the Revenue.
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Construction Business Owner Blogs
Construction Business Owner
NOVEMBER 3, 2011
Industry News. Job Cost & Cash Flow. In my post about determining when you need construction software , I mentioned that controlling project costs is a key reason to purchase new software. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions.
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Construction Business Owner Blogs
Construction Business Owner
APRIL 1, 2011
Industry News. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. The good news? Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Publications.
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40+ Fresh Product Releases You Should Know in January
Autodesk Construction Cloud
JANUARY 23, 2024
Cost Management | Cash Flow Consolidated View* – Within the Cash Flow view, distribution modifications can be made in a new sub-table view, allowing users to see the context of the other distribution items while making adjustments.
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Don’t Waste a Good Recession
Viewpoint Construction Technology
APRIL 4, 2019
All three indicators can help predict the economic state of the industry and help you manage cash flow if a potential downturn is detected. You’ll receive the latest construction industry news on economics, trends, best practices, industry interviews, technology and more! Technology to the Rescue.
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GCP Applied Technologies Invests in Sysdyne Technologies
GCP Applied Technologies
AUGUST 7, 2018
The company’s innovative products help ready mix producers streamline operations, optimize business processes, tighten quality control and improve cash flow. . In the News. Sysdyne offers a range of integrated software and industry automation tools including batch panels, dispatch software and electronic ticketing solutions.
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Keep Projects on Track with the New Schedule Tool in Autodesk Build
Autodesk Construction Cloud
SEPTEMBER 22, 2021
With the Schedule and Cost Management integration , teams can import schedule data into Cost Management to connect cost to time, as well as more accurately forecast cash flow. And when all budget line items are forecasted, teams can access a project-level cash flow analysis for better planning, insight, and risk mitigation.
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Obtaining the Proper Bonding for Government Jobs
Construction Business Owner
AUGUST 18, 2011
Industry News. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory.
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1 Year Later: The Effects of Coronavirus on Construction
Construction Junkie
MARCH 29, 2021
Other respondents said that their delays are caused by labor shortages, potentially infected people visiting the jobsite, shortage of PPE, and difficulty obtaining financing to cover cash flow. 90% of respondents cited backlogs or shutdowns at domestic factories, mills, and fabricators as the reason for delays.
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4 Factors Underwriters Consider When Issuing a Construction Bond
Levelset
AUGUST 16, 2022
It is also helpful to provide the surety with a cash flow projection for the project. Your available cash flow can also be affected by the payment terms and retention amount. Experienced surety underwriters can often handle bad news — but they are less accommodating of surprises.
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52 Construction Business Owner Blogs
Construction Business Owner
MARCH 1, 2012
Industry News. Collaborating on Cash flow » The Year of Mobile Technology? Every year, there seems to be a new product or service that’s all the industry buzz. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory.
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7 Ways To Grow Your HVAC Business in 2022
Levelset
JUNE 21, 2022
If you’re looking to grow an HVAC business, there’s great news: The demand for heating, ventilation, and air conditioning is growing quickly. So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow.
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Construction Business Owner Blogs
Construction Business Owner
FEBRUARY 16, 2012
Industry News. When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.
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Construction Business Owner Blogs
Construction Business Owner
DECEMBER 20, 2011
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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Is Your Home Building Business Set Up for Agility?
Pro Builder
MAY 3, 2023
Having an agility mindset means you can better confront and manage labor shortages, higher insurance costs, supply chain disruptions, and cash flow challenges. For home builders, that’s (hopefully) a welcome message because it means they may actually be able to control their company’s future.
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Construction Business Owner Blogs
Construction Business Owner
MARCH 1, 2012
Industry News. « Collaborating on Cash flow. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar.
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120 Construction Business Owner Blogs
Construction Business Owner
JANUARY 31, 2012
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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Construction Business Owner Blogs
Construction Business Owner
MAY 29, 2012
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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Textura-CPM : the powerful construction payment management system
Construction Cost Estimating
NOVEMBER 8, 2013
construction estimating construction management construction method construction payment management system construction software construction tool'
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45 Construction Business Owner Blogs
Construction Business Owner
MAY 31, 2011
Industry News. Combing the news » The Inmates Are Running the Asylum: Part 2. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.
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Construction Business Owner Blogs
Construction Business Owner
SEPTEMBER 27, 2011
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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181 Construction Business Owner Blogs
Construction Business Owner
NOVEMBER 8, 2011
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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175 Construction Business Owner Blogs
Construction Business Owner
JANUARY 18, 2012
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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Construction Business Owner Blogs
Construction Business Owner
SEPTEMBER 28, 2011
Industry News. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics. Publications. February 2009.
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Construction Business Owner Blogs
Construction Business Owner
JUNE 20, 2011
Industry News. « Combing the news. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Industry Statistics.
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150 Construction Business Owner Blogs
Construction Business Owner
OCTOBER 25, 2011
Industry News. With all of the percentages in the news lately (99% here, 1% there), I found myself wondering about a different percent—the 30%. Add new tag. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect.
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When the story script changes: How do we adapt?
Construction Marketing Ideas
JUNE 16, 2015
Several of the musicians were caught with flight delays in New York, arriving late enough that the program needed to be rearranged (and I fear, extended — we left early.). And when I started work on this blog this morning, I received a dreaded message — “fatal error” — denying log-in to work on the blog.
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How To Grow Your HVAC Business: 7 Tips for Contractors
Levelset
JUNE 21, 2022
If you’re looking to grow an HVAC business, there’s great news: The demand for heating, ventilation, and air conditioning is growing quickly. So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow.
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