Construction Business Owner

SEPTEMBER 5, 2023

How Your Team Can Learn From the Recent Crane Collapse in NYC ccapoccia Tue, 09/05/2023 - 10:18 July’s tower crane fire, and subsequent collapse, at a construction site on 41st Street in New York City (NYC) made for some exciting viral video content and a few days’ worth of local headlines. Just as quickly as it went viral, it faded away and will be another footnote in the ongoing story that is the Manhattan skyline.

New York City 374

New York City New York Accidents Site 374

Construction Marketing

SEPTEMBER 15, 2023

In construction, a building’s exterior serves more than just an aesthetic purpose; it’s also about functionality. Cladding offers a harmonious blend of both visual appeal and performance. Cladding is a product of a variety of materials, including wood, metal, brick, vinyl, and composite, depending on the desired aesthetics and functional requirements.

Safety 296

Safety Materials Drafting Defense 296

Contractor Bookkeeping

SEPTEMBER 29, 2023

In the business world, cash flow remains the lifeblood that keeps your operations running smoothly. Whether you're a start-up finding your feet or a seasoned business in the construction industry, managing and maintaining a steady cash flow can be challenging. But a few small changes can make a world of difference to your cash flow and overall revenue.

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Cash Flow Management Industrial Construction 107

Job Order Contracting

SEPTEMBER 29, 2023

Recognition of the root cause of construction project failures is the first step towards improvement. Basically, a lack of understanding of work scope and the associated detailed work activities, processes, and resources are required as well as how these activities impact participants and stakeholders cause repair, renovation, maintenance, or new build projects to be late, over budget, or otherwise completed poorly.

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Construction Change Orders Project Management Procurement 213

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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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Construction Dive

SEPTEMBER 13, 2023

Despite tightening credit, high project financing costs and lingering recession fears, the country’s biggest contractors continue to book more new business, said Anirban Basu, ABC chief economist.

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ABC Finance Infrastructure Contractors 155

Construction Business Owner

SEPTEMBER 21, 2023

Why You Need a Full-Charge Bookkeeper ccapoccia Thu, 09/21/2023 - 09:23 Construction business owners regularly ask me what their controller’s or bookkeeper’s job description should include. They know they must be able to generate an income statement (P&L), pay the bills, prepare payroll, collect receivables and take care of other accounting tasks.

Income 366

Income Accounting Construction 366

BD+C

SEPTEMBER 25, 2023

3 affordable housing projects that serve as social catalysts 0 qpurcell Mon, 09/25/2023 - 12:49 Affordable Housing Trish Donnally, Associate Principal, Perkins Eastman, shares insights from three transformative affordable housing projects. Trish Donnally MFPRO+ Blog Higher Education University Buildings Multifamily Housing Affordable Housing Senior Living Design Student Housing Designers Architects Projects Sustainable Development To say the United States is facing an affordable housing crisis i

Housing 111

Housing New York City Seattle Philadelphia 111

Contractor Bookkeeping

SEPTEMBER 1, 2023

Mistakes can be expensive in the construction business, and as an entrepreneur, although you'll know many of the regulations that apply to your business, there are so many that you can't possibly remember all of them. Depending on the type of contracting business you run, you could face laws regarding taxation, employment, product liability, premises liability, discrimination, health and safety, and various other regulations.

Legal 109

Legal Contract Discrimination Liability 109

Job Order Contracting

SEPTEMBER 12, 2023

The OpenBUILD(TM) Framework is a standardized approach to construction data collection that collates data on all public sector projects across all locations in a common format. Data is shared among both public and private sector audiences to leverage the latest methods and tools supporting optimal project planning, costing, procurement, delivery, and management.

Procurement 202

Procurement Construction Plans Management 202

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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.

Industrial

Construction Dive

SEPTEMBER 11, 2023

Nearly nine in 10 firms are feeling the pinch on skilled labor, but tech may be a salve for employment woes, according to the Associated General Contractors of America.

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America Employment Construction Contractors 158

Autodesk Construction Cloud

SEPTEMBER 27, 2023

Collaboration is a cornerstone of the construction industry. Time and time again, we’ve seen that the most successful teams and projects are the ones with solid communication and collaboration practices. If you’re looking to improve collaboration within your teams, Autodesk University has what you need. Taking place in Las Vegas from November 13-15, AU 2023 offers insightful workshops, expert-led sessions, and networking opportunities to foster team collaboration and elevate your project outcome

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Autodesk Construction BIM Modeling 116

Construction Business Owner

SEPTEMBER 29, 2023

Strategies for Achieving a Low Experience Modification Rate ccapoccia Fri, 09/29/2023 - 08:35 A low experience modification rate (EMR) benefits your business, so establish a safety culture to help lower your EMR.

Safety 357

Safety 357

BD+C

SEPTEMBER 8, 2023

Secrets of a structural engineer 0 dbarista Fri, 09/08/2023 - 11:54 Engineers Walter P Moore's Scott Martin, PE, LEED AP, DBIA, offers tips and takeaways for young—and veteran—structural engineers in the AEC industry. Scott Martin, PE, LEED AP, DBIA Building Team Contractors Designers Designers / Specifiers / Landscape Architects Engineers Facility Managers Architects Building Owners Recently, I was asked to present to a group of aspiring engineers at the Florida A&M-Florida State University Co

Structural Engineering 111

Structural Engineering Engineering Florida Raleigh 111

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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?

Procurement

Contractor Bookkeeping

SEPTEMBER 8, 2023

Not everyone knows construction accounting, and it is easy to assume all accounting is the same. Even if you have outsourced your financial functions, as a small construction business owner, having a solid understanding of critical financial concepts is crucial to work with your advisor and 'speak their language". This article outlines several essential concepts that every small business owner should know.

Accounting 108

Accounting Construction US 108

Job Order Contracting

SEPTEMBER 18, 2023

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work. A knowledgeable and well-trained estimating team is a key component along with a robust processes, procedures, a objective and granular local market construction task data. #1 Pre-Estimate Stage Reviewing Requirements Owner crea

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Estimating Construction CSI Compensation 201

Construction Dive

SEPTEMBER 20, 2023

Teams have hit pause on Scout Motors’ $2 billion EV plant in South Carolina and American Battery Factory’s $1.2 billion facility in Arizona.

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South Carolina Permits Arizona 159

Construction Today

SEPTEMBER 22, 2023

Construction procurement is the process of acquiring goods, services, and labor needed for the construction of a building, infrastructure, or other type of project. Various methods of procurement can be used, each with its advantages and disadvantages. Take a look at our breakdown of the four main methods: Also known as design-bid-build, traditional procurement is the most common method in.

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Procurement Construction Bidding Infrastructure 105

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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.

Contractors

Construction Business Owner

SEPTEMBER 18, 2023

Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. Thu, 10/26/2023 - 12:00 1:00 p.m. Central An accurate and timely Work-in-Progress (WIP) report is one of the most essential tools a contractor can use to optimize cash flow. WIP reporting provides construction companies with the insight needed to determine if active jobs are under-billed or over-billed allowing you to stay on top of every project and maximize profitability.

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Work in Progress Cash Flow Profitability Management 358

BD+C

SEPTEMBER 8, 2023

Modern healthcare interiors: Healing and care from the outside in 0 qpurcell Fri, 09/08/2023 - 08:06 Healthcare Facilities CO Architects shares design tips for healthcare interiors, from front desk to patient rooms. MFPRO+ Blog Healthcare Facilities Hospital Design Trends Designers Architects Biophilic Design Coronavirus Interior Architecture Interior Finishes “Health” has become a buzzword in recent years, and with good reason.

Kansas City 111

Kansas City Innovation Design Kansas 111

Contractor Bookkeeping

SEPTEMBER 15, 2023

Many entrepreneurs operate with their business processes and systems in their heads. They know what they must do daily and how they want to get things done. Unfortunately, when a construction business grows, and staff need to be hired – or the owner needs to take time away from the company – it's an absolute liability not having processes and systems documented in one place.

Documentation 106

Documentation Liability Construction Accounting 106

Job Order Contracting

SEPTEMBER 20, 2023

Sustainability and Efficient Facilities Lifecycle Management go hand in hand. While most of us are aware of the rampant economic and environmental waste associated with the repair, renovation, maintenance, and new construction of buildings and other physical infrastructure, few understand that solutions are readily available or have the will and commitment to deploy them.

Sustainability 192

Sustainability Management Renovating Procurement 192

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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!

Contractors

Construction Dive

SEPTEMBER 11, 2023

Commercial and institutional activity are likely to continue to be constrained for the rest of 2023, as evidenced by a key index’s sixth straight decline.

Plans 153

Plans Commercial Construction 153

Autodesk Construction Cloud

SEPTEMBER 22, 2023

Calling all field teams: in case you missed it, Autodesk University is fast approaching, and we’d love to see you there! AU 2023 is taking place in Las Vegas between November 13-15. While we can’t guarantee that “What happens in Vegas stays in Vegas,” we can tell you that AU 2023 brings a host of enlightening sessions, a vibrant expo floor, and unparalleled networking experiences.

Autodesk 102

Autodesk Las Vegas Modeling Schedule 102

Construction Business Owner

SEPTEMBER 11, 2023

4 Ways to Protect Your Jobsite From Severe Weather ccapoccia Mon, 09/11/2023 - 10:29 There’s a good chance severe weather has impacted your construction site in the last few years. Events like tornadoes, hailstorms, flooding and wildfires are worsening and happening more often. In fact, severe weather events exceeding $1 billion in damages have more than doubled in the past five years, according to the National Oceanic and Atmospheric Administration.

Risk 358

Risk Materials Site Construction 358

BD+C

SEPTEMBER 29, 2023

Win-Win Scenarios for Residents and Property Managers 1 kcichowicz Fri, 09/29/2023 - 10:33 Multifamily Housing Discover how proptech is opening open new paths to revenue for owners and property managers, while bringing desirable amenities and conveniences for renters. Check out my thoughts on profitable, resident-centric proptech. Multifamily Housing At the end of the day, businesses exist to generate revenue.

Management 109

Management Security Electrical Profitability 109

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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!

Construction

Contractor Bookkeeping

SEPTEMBER 22, 2023

A fractional CFO, or Chief Financial Officer, is a finance professional working part-time, retainer, or contract. They bring the experience and expertise of a high-level CFO to your business – without the cost of hiring a full-time, in-house employee. Fractional CFOs service several clients simultaneously, typically on a part-time, retainer, or contract basis.

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Construction Finance Contract Office 105

Job Order Contracting

SEPTEMBER 6, 2023

Contruction failure factors are have been fully documented. Recognizing these causal factors and implementing available solutions can substantially reduce the number of failed projects, and more efficiently achieve other project objectives. The real area of befuddlement is why real property owners have not changed the decades old legacy of rampant economic and environmental waste plaguing the AECCO sector (AECOO – Architecture, Engineering, Construction, Owner, Operator).

Project Management 192

Project Management Construction Management Education 192

Construction Dive

SEPTEMBER 25, 2023

Set for January 2025, the state’s Buy Clean Concrete rules establishing greenhouse gas emission limits will cover all agency projects.

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Concrete 162