Tue.Jul 25, 2023

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5 Questions to Ask Before Applying for a Loan

Construction Business Owner

5 Questions to Ask Before Applying for a Loan ccapoccia Wed, 07/26/2023 - 00:30 Every business finds itself in need of a loan or line of credit at some point, and for small businesses the need often arises at critical junctures for their very survival. Whether just starting out or looking to grow your business, being able to access a line of credit — expected or unexpected — provides a necessary cushion to survive, and ultimately thrive.

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Understanding Reservoir: Types And Functions

The Constructor

Reservoirs are a vital part of our hydrological cycle and infrastructure. They play an important role in managing water resources, generating renewable electricity, and providing essential services for people, animals, and the environment. But what is a reservoir? What are its purpose and types? To understand reservoirs more fully, it is essential first to define […] The post Understanding Reservoir: Types And Functions appeared first on The Constructor.

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Correlating Your Business Model to Profitability

Construction Business Owner

Correlating Your Business Model to Profitability ccapoccia Tue, 07/25/2023 - 04:48 Whether you identify your business model or not, your company does have one. Your company operates with specific infrastructure that includes processes, culture and priorities. I practiced in public accounting for 18 years, specializing with contractors, and I oversaw 125 audits and reviews each year before I sold my practice.

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Ford supplier invests $790M to build 3 Tennessee plants

Construction Dive

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

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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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The latest 'five in focus' healthcare interior design trends

BD+C

The latest 'five in focus' healthcare interior design trends 0 qpurcell Tue, 07/25/2023 - 09:45 Designers HMC Architects’ Five in Focus blog series explores the latest trends, ideas, and innovations shaping the future of healthcare design. Sergio Lechuga, CID Healthcare Facilities Designers Architects AEC Tech Interior Architecture Resiliency Welcome to HMC Architects’ Five in Focus blog series, where we explore the latest trends, ideas, and innovations shaping the future of architecture and des

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Enabling real-time collaboration in Egyptian construction

Autodesk Construction Cloud

Time is money, and that’s true in construction as in any industry. Saving time was a key benefit Redcon Construction found when its teams started using Autodesk Construction Cloud. Once its technical office-based teams completed design and preparatory project work, Redcon’s site-based teams could immediately pick up a project and start working. The gap that had previously existed between these two stages was much shorter than before or eliminated completely.

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The Dotted Line: How contracts can protect workers from heat, smoke

Construction Dive

Lawyers recommend using safety provisions that give supervisors discretion to stop work for environmental hazards.

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World’s largest battery energy storage park approved

Construction Enquirer

Energy infrastructure developer Carlton Power has got the local planning green light to build what it claims will be the world’s largest battery energy storage scheme. The 1 GW energy storage scheme will be built at the Trafford Low Carbon Energy Park in Greater Manchester, which was until 1991 the site of the Carrington coal-fired power station. Subject to a final investment decision, construction of the £750m battery storage scheme is expected to begin in the first quarter of next year to ente

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Fluor hits milestone on $30B Canadian energy project

Construction Dive

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

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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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RG Group to start £100m Docklands tower job

Construction Enquirer

Developer Olympian Homes will start site clearance in weeks on a 46 storey co-living homes tower on the Isle of Dogs in London Docklands. The developer is pressing ahead with the project after concluding a S106 deal that includes a £48m payment for Tower Hamlets Borough Council to spend on affordable housing. Once transacted, this will rank as the second largest of such contributions to have been paid in the UK.

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Spending likely to slump in rest of year

Construction Dive

AIA Chief Economist Kermit Baker talked about private construction activity, nonresidential spending and financial headwinds.

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Severfield chief operations boss to exit

Construction Enquirer

Severfield chief operations officer Ian Cochrane is leaving the steelwork contractor after 10 years on the board. This morning Severfield announced Cochrane would be leaving the firm at the end of September to pursue other interests. His role as COO will not be replaced with his duties re-assigned to other executive directors and members of the senior leadership team.

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DPR Picks Autodesk Construction Cloud as Its Projects’ Source of Truth

ENR Construction

DPR Construction is standardizing its project information on the Autodesk Construction Cloud platform to deliver better projects to customers while still dealing with the ongoing labor shortage.

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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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Haydon M&E files administration notice

Construction Enquirer

Haydon Mechanical & Electrical has filed a notice of intention to appoint an administrator. 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. Haydon entered a Corporate Voluntary Arrangement with its creditors in August 2022 following cash flow pressures.

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Construction Employment Increases In 45 States

Construction Superintendent Magazine

Construction employment increased in 45 states in June from a year earlier, while 33 states added construction jobs from May to June, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said the job gains were welcome, but that widespread construction labor shortages mean many firms would likely have hired even more workers if they could find qualified candidates.

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Unite raises £300m to start two student schemes

Construction Enquirer

Student room developer Unite has completed a £300m share cash raise to fund two more big development schemes. Earlier this year Unite bought a site in London Stratford, known as Jubilee House, for its next major project. It has full planning consent for a 36-storey tower providing 716 beds for students at a total development cost of £192m. The development in Farthingale Walk will be built by RG Group and also incorporate 65,000 sq ft of academic space.

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The Advancements in Heavy Machinery Used in Construction

Learn Civil Engineering

The Advancements in Heavy Machinery Used in Construction The construction industry has always relied on heavy machinery to accomplish complex tasks efficiently. Over the years, significant advancements in technology have revolutionized the field, leading to the development of sophisticated construction equipment.

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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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How Many Shingles Do I Need for a 24×24 Garage?

CivilJungle

How Many Shingles Do I Need for a 24×24 Garage? Asphalt is a shingle that is sold packaged, stacked, and bundled. However, there are cedar shakes, aluminum shingles, plastic shingles, and other varieties.

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Keystone Base Project Builds on Colorado Resort’s Identity

ENR Construction

Newly incorporated Colorado town moves forward with its first major project in decades at the front door of the ski resort’s mountain.

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Swinerton strengthens Atlanta foothold with new exec, office expansion

Construction Dive

The company expects its Atlanta division to top $150 million in revenue, a 130% increase year over year.

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Keystone Base Project Builds on Resort’s Identity

ENR Construction

Newly incorporated Colorado town moves forward with its first major project in decades at the front door of the ski resort’s mountain.

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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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DOE Proposes New Energy Efficiency Standards for Water Heaters

Contractor Magazine

Congressionally-mandated appliance standards could save consumers $11billion annually, help meet carbon emission targets.

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Mountain States Industry News: July 2023

ENR Construction

What's happening in the Mountain States region.

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Trade School for All

Contractor Magazine

A look at how lender Fynn ensures that career and technical education schools are options for everyone, especially young people living in poverty.

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Staker Parson Paves A Path for Growth

ENR Construction

Ample infrastructure work and a network of resources propels the regional contractor’s success throughout Utah, Idaho and Montana.

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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!

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Key Lawmakers Want U.S. DOT Update on Missed Deadline for User-Fee Advisory Panel

ENR Construction

Infrastructure Act mandated setting up vehicle-miles-traveled advisory panel by late March 2022.

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Collaborative Contracts Push Firm to New Heights

ENR Construction

Flatiron Construction applies resources, partnerships to enhance Colorado’s infrastructure.

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W&W Glass Named ENR New York Specialty Contractor of the Year

ENR Construction

Bringing you breaking news in real time from around the Tri-State construction industry.