Tue.Jan 09, 2024

article thumbnail

8 Ways Managers Can Add Value & Prepare the Company During Transition

Construction Business Owner

8 Ways Managers Can Add Value & Prepare the Company During Transition ccapoccia Wed, 01/10/2024 - 00:40 So, you just learned that your company may be for sale. How do you feel? What do you do? Should you fear this process or look forward to it? The uncertainty and anxiety associated with a potential sale of the business you have been working for — in many cases, for years — could make even the most seasoned manager a little nervous.

article thumbnail

2024 Construction Trends: 30+ Experts Share Insight

Autodesk Construction Cloud

In 2023, the construction industry grappled with the lingering effects of supply chain disruptions, inflation, and ever-present labor shortages —a narrative that has become all too familiar. But amidst these challenges, construction pros remained as resilient and innovative as ever. We adopted new technologies, embraced sustainable building practices, and were more vocal about the benefits of working in the AEC field.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DOL independent contractor final rule announced, will take effect March 11

Construction Dive

The rule largely tracks the agency’s October 2022 proposed rule, adopting a six-factor, “totality-of-the-circumstances” framework for analyzing worker-employer relationships.

article thumbnail

Department of Labor Announces Final Rule on Classifying Workers as Employees or Independent Contractors

Contractor Magazine

Under the Fair Labor Standards Act, the rule provides guidance on proper classification and seeks to combat employee misclassification.

article thumbnail

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.

article thumbnail

Challenges to DBE goals in federal contracts gain steam

Construction Dive

In the wake of the Supreme Court’s decision to strike down affirmative action last summer, a smattering of lawsuits allege reverse discrimination due to workforce participation targets.

More Trending

article thumbnail

High prices are slowing for road builders, but challenges lay ahead

Construction Dive

Despite cooling inflation, rising costs will still be an issue this year, especially as labor continues to be in short supply, experts say.

Roads 127
article thumbnail

Services Firm Worley Disputes Big Ecuador Project Pay Claim Dismissal

ENR Construction

Firm resumed stock trading after denying "corruption, illegality or bad faith" by arbitration panel in long quest for millions in project payment from state-owned energy firm.

Claims 76
article thumbnail

Balfour Beatty tops out new development at $1B Florida convention center

Construction Dive

The 400,000-square-foot East Expansion Building in Fort Lauderdale is the second phase of a larger project that has been ongoing since 2019.

Florida 121
article thumbnail

Services Firm Worley Disputes Arbitration Panel Dismissal of Ecuador Pay Claim

ENR Construction

Firm resumed stock trading after denying "corruption, illegality or bad faith on [its] part" in years of work for state-ownedl energy firm.

Claims 74
article thumbnail

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.

article thumbnail

Gordie Howe Bridge cost rises to $6.4B amid delay

Construction Dive

Construction on the span will finish 10 months late in September 2025 following continued fallout from pandemic-induced problems.

article thumbnail

DOT Awards $645M for Rural Infrastructure Projects

ENR Construction

The Rural Surface Transportation Grant Program is funded by $2 billion from the Infrastructure Investment and Jobs Act.

article thumbnail

Balfour Beatty names US civil CFO

Construction Dive

Jenni Kelley will be the next chief finance executive for the London-based builder’s infrastructure arm in the U.S.

US 66
article thumbnail

Hill Leaders Agree on 2024 Spending Framework, But Shutdown Looms

ENR Construction

Congress must pass a spending bill for many key federal construction and infrastructure programs by Jan. 19.

article thumbnail

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?

article thumbnail

How to easily create a construction closeout report using Fieldwire

Fieldwire

What is a construction closeout report? A closeout report is a document created at the end of a construction project to summarize important trends of said project. It may include final inspections and punch lists , changes to scope, budget and timeline, and even milestones or lessons learned. Essential in the handover process, the goal of the closeout report is to ensure that all critical aspects of the construction project are correctly documented, that all issues are addressed, and the project

article thumbnail

Construction Industry Adds 17,000 Workers

Construction Superintendent Magazine

The construction sector added 17,000 employees in December and continued to raise wages at a faster clip than other industries, the Associated General Contractors of America reported in an analysis of government data released today. Association officials said the survey it released this week found contractors expect to hire more employees in 2024 but are struggling to find enough qualified workers.

article thumbnail

Energy Services Firm Worley Halts Stock Trading Amid Pay Dispute Ruling

ENR Construction

Last month an international arbitration panel dismissed the firm's attempt to collect a $200-million payment.

73
article thumbnail

Driver Pleads Guilty in Crash That Killed Six Construction Workers

ENR Construction

Melachi Brown, 20, who police say was speeding when he collided with another driver in Maryland, pleaded guilty to six counts of manslaughter in a state court, records show.

article thumbnail

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.