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Current Conditions of America’s Schools

Job Order Contracting

Source: 2020, GAO Report – K-12 EDUCATION School Districts Frequently Identified Multiple Building Systems Needing Updates or Replacement GAO-20-494). In nearly all districts GAO visited, security also had become a top priority, with some districts prioritizing security updates over replacing building systems, such as HVAC.

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Estimated Wall Costs Now 80% Higher Than Last Best Guess

Construction Equipment

Department of Homeland Security internal report seen by Reuters late last week, the barrier along the U.S.-Mexico Earlier estimates in January were around $12-15 billion. In a report expected to be presented to DHS, the plans for the wall would extend about 1,250 miles and be constructed in three phases by the end of 2020.

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Federal Reserve Announces Tighter Monetary Policy

Pro Builder

Rising inflation will move the Federal Reserve’s monetary policy further from its accommodative stance that has supported the economic rebound from the 2020 recession. Its new monetary path aims to accelerate the tapering of mortgage-backed securities and Treasuries purchases and suggests new estimates for 2021 inflation.

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Mortgage Rates Expected to Rise Into the New Year

Pro Builder

Mortgage rates will likely rise throughout December with a steep increase at the end of the month as bond traders sell their mortgage-backed securities before Christmas, reports NerdWallet. Rates will continue trending upward into 2022 as a result of high inflation, a rise in short-term interest rates, and strong hiring estimates.

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20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. What trends will determine the industry? And what does that mean for you?

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School Safety is In the Making

BD+C

Many schools have taken measures to keep students safer, such as adding security guards, surveillance systems, metal detectors and more. They can stand strong during a security breach or defend against flames, smoke and heat during a fire event. Are voluntary security practices enough? So how can schools be made safer?

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Milwaukee Pipeline Ep 2 Recap: PACKOUT Expansion and Laser Levels

Construction Junkie

PACKOUT 2 Drawer and 3 Drawer Tool Boxes Estimated release: February 2021 When Milwaukee first announced the PACKOUT system a few years ago, the first question was, “Where are the drawers?” The boxes are also equipped with an integrated metal security bars that will keep the drawers from opening when they’re in the back of a truck or van.