Tue.Aug 08, 2023

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Construction Industry Trends: July 2023 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.

Viewpoint 305
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Construction planning drops for fifth month on interest rates, lending issues

Construction Dive

Weaker commercial activity will counter more robust institutional ambitions for the rest of 2023, said Sarah Martin, associate director of forecasting for Dodge Construction Network.

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Construction Tech Tips You Wish You Knew Sooner

Autodesk Construction Cloud

For the last few years, global construction firms have had to scale technology adoption and implementation at a rapid pace. In fact, our research at Autodesk found that cloud-based collaboration activity grew 2.5x between 2020 and 2022. Given the acceleration of digital transformation, a construction professional’s ability to adopt and utilize construction technologies to their maximum potential has never been more critical to ensuring business and project success in addition to career advanceme

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DOL to update prevailing wage laws

Construction Dive

The Department of Labor announced changes to its Davis-Bacon rules this morning aimed at increasing construction workers’ pay on federally funded jobs.

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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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Kane wins £30m MEP package at Sisk water resort

Construction Enquirer

Kane has secured a £30m design and build contract with John Sisk & Sons to deliver the MEP installation at the Great Wolf Lodge Resort in Bicester. American company Great Wolf Lodge Resorts is building its first £200m UK development near Oxford containing a 504-bedroom hotel, a large ground floor family entertainment centre including a bowling alley, restaurants and arcades which connect to a large waterpark.

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Mace director joins offsite specialist Reds10

Construction Enquirer

Former Mace director Shaun Tate has been appointed Chief Operating Officer at modular construction specialist Reds10. Tate worked for Mace for 17 years and launched and ran its business unit focussed on maximising off-site pre-manufacture value and assembly. Matt Bennion, CEO of Reds10, said: “We are delighted that Shaun has joined the Reds10 team. Like us, Shaun is passionate about changing our industry and is a real innovator in the delivery of high-quality off-site construction. “His ma

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Tutor Perini’s losses narrow on improved revenue

Construction Dive

The contractor said it was putting the challenges of COVID-19 behind it, with more bidding opportunities lined up for the rest of the year.

Bidding 109
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Britishvolt buyer fails to make final payment

Construction Enquirer

The Australian company buying collapsed car battery firm Britishvolt has failed to make its final payment to seal the deal. Recharge Industries stepped forward to buy the firm out of administration in February giving hope that stalled plans for a £300m car battery plant in Northumberland could be resurrected. But an update from administrator EY claimed that payment of the final installment on the £8.75m buyout deal has been missed and remains “unpaid and overdue” A spokeswoman for Re

Deals 66
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US Dept. of Labor Issues Final Rule Revising Davis-Bacon, Prevailing Wage Requirements

ENR Construction

Construction unions hailed the new rule, but contractor groups have strongly criticized it, with the Associated Builders and Contractors already planning a legal challenge.

Union 69
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Optimize Operational Processes With an Industry-Specific ERP

As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

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Losses deepen at modular house builder TopHat

Construction Enquirer

Volumetric modular house builder TopHat saw losses increase as turnover fell last year. Latest results for TopHat Industries Ltd for the year to October 31 2022 showed pre-tax losses increased to £20.4 from £19.4m last time as turnover dipped to £10.2m from £12.3m. The Goldman Sachs-backed business is confident of future profits and is planning to open a second factory in Corby, Northamptonshire next year to add to its existing facility in Derby.

Housing 65
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Texas Port Reconstruction Posed Numerous Front-End Risks for Team

ENR Construction

Underwater demolition of long-collapsed dock structure, which took one year in near-zero visibility, was just the first challenge facing the McCarthy-led project team.

Risk 69
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Yard of Concrete Calculator

CivilJungle

What Is a Yard of Concrete Calculator? A yard of concrete calculator is a tool that helps determine the amount of concrete required for a specific area, measured in cubic yards.

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Judges Award ENR MidAtlantic 2023 Best Projects

ENR Construction

Written by the staff of ENR MidAtlantic Construction, this blog offers insights, analysis and opinionated takes on the latest news, trends and projects.

News 69
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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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Dodge Momentum Index Recedes 1%

Construction Superintendent Magazine

The Dodge Momentum Index, issued by Dodge Construction Network, declined.9% in July to 193.4 (2000=100) from the revised June reading of 195.1. Over the month, the commercial component of the DMI remained relatively flat, ticking down.2%, while the institutional component fell 1.9%. All commercial sectors pulled back, or remained flat, over the month of July.

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International Arbitration Experts Discuss the Impact of Artificial Intelligence on International Arbitration

Constructlaw

Albert Bates and Zachary Torres-Fowler were quoted in a Q&A for Mealey’s International Arbitration Report titled, “International Arbitration Experts Discuss the Impact of Artificial Intelligence on International Arbitration.” Bates and Torres-Fowler: The rapid expansion of AI technology may be among the most consequential developments facing not only the international arbitrational community, but the legal industry as whole.

Legal 52
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Concrete Calculator for Slab

CivilJungle

What Is a Concrete Calculator for Slab? A concrete calculator for a slab is a digital tool that helps determine the volume of concrete required to pour a slab based on its dimensions.

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I-405 Express Lane Extension in Washington Awarded to Skanska

ENR Construction

The $834M Brickyard to SR 527 Improvement Project is one of the largest contracts in a $4B upgrade to the I-405/SR 167 Corridor Program

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Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business

Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

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Free Scrap Wood at Home Depot

CivilJungle

Free Scrap Wood at Home Depot Free scrap lumber at Home Depot: Home Depot offers both trade and scrap lumber. Home Depot is a USA-based multinational retail store that sells various goods and other services.

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US Department of Labor Announces Final Rule to Modernize Davis-Bacon Act

Contractor Magazine

Aided by labor, industry stakeholders’ comments, the rule will provide the most comprehensive updates in 40 years.

US 72
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Baker Concrete Named 2023 Mountain States Specialty Contractor of the Year

ENR Construction

Colorado contractor more than doubles in size based on 2022 revenues and employee growth.

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City Scoop: New Orleans, LA

ENR Construction

Dodge offers data on projected 2023 construction starts in the New Orleans area.

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The Specialty Contractor's Guide to Job Cost Accounting

Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

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City Scoop: Houston Texas

ENR Construction

Dodge offers data on projected 2023 construction starts in the Houston area.

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Tricky Texas Port Reconstruction Provides Contractors Numerous Risks

ENR Construction

Year-long, risk-filled underwater demolition of collapsed dock structure, conducted amidst near-zero visibility, was just the first challenge facing McCarthy-led project team.

Risk 36
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Skanska Awarded I-405 Express Lane Extension in Washington

ENR Construction

Contractor's winning bid is more than $1B under the only other shortlisted firm, a joint venture of Walsh and Canada-based Aecon.

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Harvey l Harvey-Cleary, "a Little Bit of Everything" Firm

ENR Construction

What makes Harvey 2023 ENR's Top Contractor of the Year.

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Report: Optimism for Construction Growth in the Next Year Remains High

Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!