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Why Accurate Accounting Depends on Data Integration

Construction Business Owner

Why Accurate Accounting Depends on Data Integration ccapoccia Tue, 04/30/2024 - 10:00 Construction accounting is more than just tracking numbers and compiling reports. For contractors operating with increasingly thin margins, accounting is essential for building a profitable construction business. At the same time, construction accounting isn’t easy, even for the most experienced accountants.

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Connecting Construction Tools and Data with Interoperability

Viewpoint Construction Technology

Interoperability removes barriers to data sharing, offers more transparency, and reduces risk to profit. See how Trimble is connecting different apps.

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Methods of Installing Pile Foundations

The Constructor

The installation process and methods of pile foundations are critical components of any construction project, paralleling the importance of the design process. Careful consideration and selection of installation methods and equipment are essential to prevent damages to the piles and ensure the structural integrity of the foundation. This article provides a detailed examination of various […] The post Methods of Installing Pile Foundations appeared first on The Constructor.

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North America, Construction Diversity & the Next Steps

Construction Business Owner

North America, Construction Diversity & the Next Steps ccapoccia Mon, 04/29/2024 - 10:05 Legislation in both the U.S. and Canada enshrines the basic principles of equal opportunity to which the vast majority aspire. Gender, race, sexual orientation, age and a whole host of other potentially prejudicial elements to the recruitment process are strictly prohibited.

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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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Collaboration and informed decision-making in the construction industry

Job Order Contracting

Cost visibilty and transparency promotes a culture of collaboration and informed decision-making and can ensure greater efficiency across the facilities management and AECOO sectors. Improving construction cost estimating requires collaboration, transparency, and a robust process. An essential aspect is sharing objective, local market, granular labor, material, and equipment costs.

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16 Types of Pipelines and their Construction Method

The Constructor

A pipeline represents a complex network of pipes meticulously designed to transport fluids such as oil, natural gas, or other petroleum-based products over extensive distances, primarily underground. This vital infrastructure, which traces its roots back millennia to the movement of water, constitutes a cornerstone of modern civilization. While pipelines typically entail higher costs compared to […] The post 16 Types of Pipelines and their Construction Method appeared first on The Construc

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Navigating Construction Cash Flow Challenges, Myths, And Facts

Contractor Bookkeeping

In the world of small businesses, positive cash flow is king. The driving force keeps your business engine running smoothly, covering all your liabilities. But what happens when outflow exceeds inflow? Cash flow problems ensue, threatening the survival and growth of your construction business. These cash flow problems can originate from various sources, including macroeconomic issues like recessions, natural disasters, wars, and microeconomic problems like business decisions and performance.

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Introducing LEED v5 – For what it is worth.

Job Order Contracting

Introducing LEED v5. “LEED v5 is next version of the globally recognized comprehensive framework for green building practices. Embracing market demands for greater accountability, v5 will champion solutions to aligning the built environment with critical imperatives including decarbonization, ecosystem conservation and restoration, equity, health, and resilience.

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Amazon plans $11B Indiana data center campus

Construction Dive

The Hoosier State put up more than $100 million in tax credits and training grant incentives to lure the tech giant to St. Joseph County.

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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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Permeability of Concrete and Factors Influencing It

The Constructor

The permeability of concrete is a critical property that governs the rate at which fluids penetrate into a porous solid. It is primarily determined by the size and connectivity of pores within the concrete matrix, as well as the complexity of the pathways through which fluids travel. Pores relevant to permeability typically possess a minimum […] The post Permeability of Concrete and Factors Influencing It appeared first on The Constructor.

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Outsourcing: A Strategic Imperative for the Construction Industry

Construction Business Owner

Outsourcing: A Strategic Imperative for the Construction Industry Discover how Eide Bailly helped a Northwest construction company drive growth and achieve success through outsourcing. mhodges Tue, 04/30/2024 - 12:56 Alliance Partition Systems (APS) is a steel stud framing and drywall contractor located in the Northwest United States. Since the relationship began in 2015, Eide Bailly has provided specialized expertise to support the company’s growth, including: Providing CFO-level financial g

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PC Donates Truck to Local Food Pantry

PC Construction

Today I had the extreme pleasure of presenting the Abenaki Nation of Missisquoi with a retired PC truck to support their extensive food pantry operation. The Abenaki Nation of Missisquoi is the longest continuous kinship-related Abenaki tribal community in the United States. One of the many services they provide is food assistance to ensure all Abenaki families have access to healthy and nutritious meals.

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Communication Is Key: Actions to Get the Most from a Commercial Restoration Loss

Wolgast Corporation

As a business owner who owns their building, there may be a time that you have to face damages due to emergencies, fires, floods, natural disasters, or impact. To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Collectively, you are all the team to see that your goals are achieved.

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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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$12B Vegas-to-California rail project breaks ground

Construction Dive

The privately led Brightline West high-speed passenger rail line will slash travel times between Sin City and the Los Angeles area.

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QUALITY REQUIREMENT OF ADMIXTURE

The Constructor

Quality Requirement of Admixture Admixtures play a pivotal role in enhancing the performance and properties of concrete. When considering the compatibility of admixtures with concrete, several quality requirements must be met to ensure optimal functionality and durability. These requirements encompass various aspects, ranging from characteristics and chemical composition to dosage and compatibility details.

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5 Risk Myths Demolished

Construction Business Owner

5 Risk Myths Demolished ccapoccia Tue, 04/30/2024 - 09:32 We make decisions about risk every day in our personal and business lives. For construction business owners (and everyone in the construction industry), bad outcomes can mean the difference between staying in business or not. Here are five risk myths that get in the way of thinking about important risks you may be overlooking — and accepting.

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World Cup, Olympics, Climate Change Drive California Infrastructure Efforts

ENR Construction

Agencies including Los Angeles World Airports and the Port of San Francisco detailed major infrastructure projects in the works to prep for the World Cup and Olympics, and address sea level rise.

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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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New York Team Hikes for Hope

PC Construction

Last weekend, I joined my fellow New York teammates for a hike up Bear Mountain to raise awareness for suicide prevention. The Hike for Hope event, organized by the American Foundation for Suicide Prevention (AFSP), raises funds to support research, create educational programs, advocate for public policy, and support survivors of suicide loss. According to CDC data, the construction industry has one of the highest suicide rates in the United States.

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CoStar inks deal to buy reality capture firm Matterport for $1.6B

Construction Dive

The real estate giant will leverage the tech firm’s spatial property data of 12 million spaces and 38 billion square feet across 177 countries.

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The Value of LEED© Certification for Medical Offices

Wolgast Corporation

Determining If the Cost Will Be Offset by the Benefits The breakdown of advantages vs. disadvantages for LEED © certifying your medical office is easy – it’s energy cost savings, environmental responsibility, plus marketing position (to name a few) vs. cost. While it’s quite hard to pinpoint what the additional cost truly is over traditional construction, a quick internet search indicates that building owners could pay an additional 0-15% for a sustainable building.

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How Digital Management Processes Can Improve Your Bottom Line

Construction Business Owner

How Digital Management Processes Can Improve Your Bottom Line ccapoccia Tue, 04/30/2024 - 09:45 In a world where the only constant is change, the construction sector is catching the digital wave, transforming its foundational bricks and mortar into pixels and data.

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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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Micron Projects in New York and Idaho Set for $6.1B in Federal Funding

ENR Construction

The funding agreement with the U.S. Commerce Dept. was contingent on Micron Technologies' recently announced pledge to invest $50 billion in the plants over the next five years.

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FTC Announces Rule Banning Noncompetes

Contractor Magazine

The Federal Trade Commission has issued a final rule to promote competition by banning noncompetes nationwide.

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Construction risk management: The tech advantage

Construction Dive

Learn how today’s technology can address some of the construction industry’s biggest challenges.

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Tomorrow's classrooms: Designing schools for the digital age

BD+C

Tomorrow's classrooms: Designing schools for the digital age 0 qpurcell Mon, 04/29/2024 - 10:53 K-12 Schools In a world where technology’s rapid pace has reshaped how we live, work, and communicate, it should be no surprise that it’s also changing the PreK-12 education landscape. Bill Kwon K-12 Schools Designers Architects Augmented Reality Coronavirus Virtual Reality In a world where technology’s rapid pace has reshaped how we live, work, and communicate, it should be no surprise that it’s also

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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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An Unsteady Outlook: Financing in the Construction Sector

Construction Business Owner

An Unsteady Outlook: Financing in the Construction Sector ccapoccia Tue, 04/30/2024 - 10:11 With 2024 well underway, construction and engineering businesses may be primed for growth. But first, businesses and their ownership groups should understand the multitude of factors, on both a macro and micro scale, that lenders weigh when financing companies in the construction sector with heavy, project-based revenue streams.

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Construction Economics for April 29, 2024

ENR Construction

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.

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Book of Giants 2024 - All the Pieces in Place

Contractor Magazine

The nation’s top mechanical contractors face a host of challenges. But by partnering with customers, reaching out to their communities, and empowering employees, 2024 sees all the pieces in place for success.