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Commercial Construction Trends: The Highs and Lows of 2016

HardHatChat

Here’s a look at our top 2016 commercial construction “highs” and “lows”: Low: Mall Retail Tenants Choose Local over National. As a national commercial construction firm, it’s not surprising the majority of our 2016 revenue came from work outside our home market of Chicago. Low: Good Talent is Hard to Find as Labor Shortage Continues.

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What’s WRONG with some JOC Programs?

Job Order Contracting

“During the period of October 1, 2016 to December 31, 20 16, Gordian License Fee and project management fees totaled $654,744 or an overall average of 7% of the total construction contract value of $8,805,985 during this reporting period. This fee is lower than the industry standard of 10% for Construction Management fees.

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Job Order Contract Audit Report

Job Order Contracting

This Job Order Contract Audit Report dated 10/31/2016 is a follow up the an early JOC Audit conducted by City of Long Beach Auditor Laura Dowd. The firm of Vicenti, Lloyd, & Sutzman (VLS) was retained to provide a construction consultant to further review certain JOC projects. Contractor bid extremely low JOC co-efficients (0.50

Contract 100
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Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

Whether you’re an owner, executive, project manager, or job supervisor, it’s important to know what’s happening in your business and how you stand next to the competition. When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Scheduling, planning, and collaboration optimization.

Risk 209
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Is a BIM Mandate Coming to the US?

Viewpoint Construction Technology

The country implemented the Level 2 mandate in 2016, which requires BIM be used on taxpayer-funded construction projects. The project includes $6 billion worth of construction on nine of the district’s campuses, and thus far, BIM has saved LACCD $12 million in construction costs. BIM Adoption Abroad. The exact opposite is true.

BIM 227
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JOB Order Contracting FAQs

Job Order Contracting

We founded 4BT in 2016 upon seeing a clear need to Rethink, Reshape, and Rebuild JOC. LEAN planning, procurement, and project delivery processes were deployed in a manner that is mutually beneficial to all participants and stakeholders….2. Thus a contractors bid co-efficient for standard hour construction is generally in the 1.10-1.30

FAQ 131
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The 12 Best Construction Podcasts of 2020

Construction Junkie

To find the results of our 5 previous competitions, click the corresponding year: 2015 , 2016 , 2017 , 2018 , and 2019. 4: The ConTech Crew Previous nominations: 2016 (winner), 2017 , 2018 , 2019 Listen to it here: [link] The ConTech Crew ( @TheConTechCrew ) is also a previous champion, taking home the title in 2016.