Construction Business Owner

DECEMBER 20, 2021

Mon, 12/20/2021 - 08:50. These contractors work hard to maintain that level — but remain stagnant with the same salespeople, field employees, project managers, estimators, supervisors, foremen and number of crews. Level Up Your Leadership, Ambition & Execution. Alex Headley. Stuck is the new norm.

Project Management 296

Project Management Estimating Contractors Management 296

ENR Construction

JUNE 3, 2021

It’s clear that construction costs more in 2021 than it did in 2020. And if you’re using outdated construction costs for your estimates, even costs from a few months ago, you could end up with overruns in budgets that are already airtight. See how our RSMeans data is keeping pace with the industry.

Budgeting 68

Budgeting Budget Estimating Industrial 68

Best Practices Construction Law

MARCH 18, 2021

12, 2021), the contractor filed suit to recover damages from the City on numerous combined waste water treatment projects. The dispute is currently in the discovery phase and the City filed a motion to compel the contractor’s internal pre-bid documents and bid estimates, as well as the subcontractor’s base documents.

Documentation 118

Documentation Claims Bidding Estimating 118

Pro Builder

FEBRUARY 18, 2022

Single-Family Built-for-Rent Market Records Fastest Growth in 2021. The total number of single-family built-for-rent (SFBFR) construction starts rose by nearly 16% in 2021 after significant development during the third quarter of the year. Over the course of 2021, 51,000 such homes began construction, which is a 15.9%

Statistics 52

Statistics Housing Estimating Construction 52

Pro Builder

MARCH 18, 2021

High-Performance Features That Set The New American Home 2021 Apart. Thu, 03/18/2021 - 07:00. The New American Home 2021 , built annually in the host city of the International Builders' Show, is not only a beautiful home in the heart of downtown Winter Park, Fla., Sign of the Times: The New American Home 2021.

Green 98

Green Certification Products Electrical 98

Pro Builder

JANUARY 7, 2022

Low Domestic Sawmill Output Slows Home Construction. Inadequate lumber production is halting construction projects as demand rises across the U.S. Despite strong nationwide housing demand, low domestic sawmill output is slowing construction and contributing to major price volatility nearly two years into the COVID-19 pandemic.

Construction 98

Construction Employment Statistics Housing 98

Construction Equipment

NOVEMBER 3, 2020

Preliminary data from the Construction Equipment 2021 Annual Report & Forecast show a marked difference in the condition of a fleet of construction equipment based on its estimated replacement value (ERV). Managers of large fleets, defined as those with ERV greater than $10 million, report…

Equipment 117

Equipment Forecasting Estimating Management 117

Autodesk Construction Cloud

SEPTEMBER 9, 2021

If you haven’t heard, registration for Autodesk University 2021 (AU) is now open! No matter where you’re at in your construction career, or what business goals you’re out to achieve, get ready for a set of construction classes designed to leave you with a long list of actionable takeaways. Industrialized construction .

Autodesk 52

Autodesk Construction BIM Modeling 52

Construction Junkie

SEPTEMBER 1, 2020

Construction technology has come a long, long way in the past decades. There are now hundreds of construction-specific apps available, ranging from project management, to compliance and reporting, to photo documentation, to estimating, and many more. More info: ABC Tech Alliance | Associated Builders and Contractors.

ABC 119

ABC Contractors ProCore Construction 119

Autodesk Construction Cloud

OCTOBER 14, 2021

With 2022 rapidly approaching, the construction industry is taking stock of upcoming challenges and opportunities in the market. Each year, the Associated General Contractors of America (AGC) and Autodesk survey a broad cross section of construction firms to find insights on today’s workforce.

AGC 52

AGC Autodesk Materials Industrial 52

Pro Builder

NOVEMBER 9, 2021

Tue, 11/09/2021 - 09:33. A lack of skilled construction workers is delaying multifamily projects. A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. The number of open construction sector positions averages between 300,000 and 400,000 monthly.

Inventory 98

Inventory NAHB Employment Estimating 98

Pro Builder

JULY 27, 2022

Home sales might be slowing, but new construction projects are maintaining a steady pace nationwide . below the June 2021 estimate of 714,000, according to the CalculatedRisk Newsletter. Inventory of completed homes for sale is up to 41,000 from a record low of 32,000 in 2021, but new home sales are down 13.4%

Inventory 98

Inventory Estimating Construction 98

Construction Business Owner

JANUARY 18, 2021

Mon, 01/18/2021 - 15:19. For the architecture, engineering and construction (AEC) industry, this holds especially true. With digital technology becoming an expectation, not simply a “nice to have,” many owners are now requiring BIM deliverables throughout all phases of construction. Satterfield & Pontikes Construction (S&P).

BIM 309

BIM Contractors Modeling Software 309

Pro Builder

MAY 11, 2021

Tue, 05/11/2021 - 09:07. Housing regulations during development and construction account for $93,870 or 23.8% While NAHB’s previous regulatory estimates in a 2016 study were fairly similar, the price of new homes increased substantially in the interim. increase during the five-year span between NAHB’s 2016 and 2021 estimates.

Accounting 105

Accounting NAHB Regulation Estimating 105

Construction Marketing

NOVEMBER 15, 2022

since March 2021, with the median price reaching $405,000 marking an 8% increase during the same period, according to Fit Small Business. Estimate Costs. You must factor in tree removal and brush clearing services, grading, installation of underground utilities, and the construction of buildings.

Income 156

Income Commercial Feasibility Residential 156

Autodesk Construction Cloud

JULY 1, 2022

How the Biggest Construction Companies in the World Are Building Our Cities and Workforce. Saying the construction industry is large would be a gross understatement. As one of the oldest industries to date, construction has skyrocketed over the last thousands of years–and it keeps growing. trillion by 2023. Although the U.S.

Construction 98

Construction Industrial Employment Estimating 98

Pro Builder

AUGUST 3, 2022

Denver's Supply of Housing Is Estimated to Be Short by Tens of Thousands of Units. Between 2010 and 2021, the city issued construction permits for just 393 ADUs, which is roughly 33 permits each year. Why Not Build More Accessory Dwelling Units? Wed, 08/03/2022 - 11:48.

Denver 52

Denver Housing Estimating Permits 52

ENR Construction

JUNE 9, 2023

The 2021 wildfire caused damage estimated at more than $2 billion.

Colorado 77

Colorado Estimating 77

Fieldwire

MARCH 1, 2022

There are many reasons a construction project may be considered a ‘success’. Coming in on budget is obviously important, but another factor is on-time completion, undoubtedly one of the most important attributes for any construction project. However, few workplaces are as inherently complex and varied as a construction site.

Risk 105

Risk Construction Equipment Management 105

Autodesk Construction Cloud

SEPTEMBER 27, 2023

Collaboration is a cornerstone of the construction industry. REGISTER NOW Why collaboration is vital in construction Study after study has shown that teams who work well together see better results. And with the construction industry grappling with labor shortages, retaining your key team members is more critical than ever.

Autodesk 116

Autodesk Construction BIM Modeling 116

Job Order Contracting

MARCH 22, 2022

Assess carbon over the whole life of constructed assets. 40% reduction in construction carbon emissions. The construction carbon modeling tools estimates emissions from a variety of sources covering the whole life of a project. Carbon associated with the construction process. Align carbon and costs. Components.

Modeling 203

Modeling Travel Transportation Site 203

Fieldwire

JUNE 6, 2023

The construction industry is facing an ongoing labor shortage that has been years in the making and has reached new heights this year. Field solutions can help improve efficiency on the construction jobsite while also attracting and retaining skilled labor. This is where technology enters the equation.

Products 52

Products Construction Software Software 52

Pro Builder

MAY 19, 2021

This Problem Has Construction Owners in a Bind—Is There a Fix? Wed, 05/19/2021 - 06:00. Construction business owners are facing a dilemma that no one is talking about. Most construction workers self-report their hours. One owner with 15 workers estimated an annual loss of almost $25,000 from overpaying on payroll.

Construction 97

Construction Estimating Documentation Accounting 97

Pro Builder

OCTOBER 4, 2021

Construction Master 5 is How Pro Builders Figure It Out. Mon, 10/04/2021 - 10:36. Quality builders don’t guess at numbers when it comes to estimating or with building. That’s why pros turn to the easy-to-use Construction Master 5 calculator. kcichowicz.

Construction 40

Construction Estimating 40

Pro Builder

APRIL 28, 2022

New home construction is surging across the country, but only a small number of homes have actually been completed. . below the March 2021 estimate of 873,000. . The inventory of completed homes for sale was at 35 thousand in March, up from the record low of 33 thousand in several months in 2021 and early 2022.

Inventory 98

Inventory Estimating Housing Construction 98

Construction Junkie

OCTOBER 21, 2020

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Sage will be in attendance in the virtual exhibitor hall.

Sage 145

Sage Management ProCore Construction 145

Contractor Bookkeeping

MARCH 12, 2021

Cash flow forecasting is the process of estimating how much cash you'll have and ensuring you have a sufficient amount to meet your obligations. Although it's impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future.

Cash Flow 67

Cash Flow Forecasting Contract Estimating 67

Pro Builder

FEBRUARY 11, 2022

Reducing 3 Types of Construction Waste to Increase Home Builder Profit. By fully understanding where these three types of waste come from, we can create comprehensive, informed plans to help minimize waste in constructing our homes. . Lean Construction’s Greatest Hits, Vol. Fri, 02/11/2022 - 10:13. Visible Waste . Hidden Waste.

Profitability 111

Profitability Materials Construction Estimating 111

ENR Construction

JULY 1, 2021

While price increases in softwood lumber have pushed new home costs higher due to homebuilders’ extensive use of the material, estimators for all other building types have felt the pinch as well.

Estimating 78

Estimating Materials 78

Pro Builder

JUNE 17, 2021

Managing Rising Construction Costs: Insurance. Thu, 06/17/2021 - 10:43. cbroderick. Builders and remodelers may be subjected to coinsurance penalties as a result of rising building material prices if they do not make changes to their policies. Read More. . Financials. Building Materials. Financials.

Insurance 52

Insurance Management Remodeling Construction 52

Autodesk Construction Cloud

MARCH 31, 2022

Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. Like many other regions, APAC construction firms are also grappling with issues like labor skill gaps and rising supply costs. You’ll learn about: The current state of construction in APAC.

Statistics 98

Statistics Industrial Autodesk Construction 98

Autodesk Construction Cloud

DECEMBER 7, 2021

Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. Seventy-five percent of global construction industry stakeholders agree or strongly agree that the need for real-time decision-making is increasing at the project level. to reach €2.4/£2

Statistics 52

Statistics Industrial Construction Autodesk 52

Autodesk Construction Cloud

JUNE 7, 2023

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. Far and away one of the most common reasons, however, is inaccurate budget estimates. When it comes to construction, estimating costs is a towering challenge. Let’s dive in. What is construction cost estimation?

Estimating 98

Estimating Construction Budgeting Budget 98

Construction Dive

NOVEMBER 30, 2018

The Florida DOT cleared the rail company to negotiate land leases for the project, which is expected to create 16,500 construction jobs from 2021 to 2024 for an estimated economic impact of $2.4 billion on the region.

Tampa 78

Tampa DOT Leases Negotiation 78

Pro Builder

NOVEMBER 5, 2021

Fri, 11/05/2021 - 09:46. What a lack of skilled construction workers means for a market with limited supply and record-breaking prices. A lack of skilled construction labor is a major limiting factor in the race to provide greater housing inventory and improve affordability in a tight market. . Construction.

Housing 119

Housing NAHB United States Inventory 119

Pro Builder

NOVEMBER 18, 2021

Thu, 11/18/2021 - 09:51. How built-for-rent construction is making progress in the third quarter of 2021. During the third quarter of 2021, single-family built-for-rent construction starts reached a new quarterly high with 16,000 projects breaking ground, says the NAHB’s Eye on Housing. Built for Rent.

Inventory 52

Inventory Housing Estimating Construction 52

Pro Builder

JUNE 14, 2021

Mon, 06/14/2021 - 09:35. per thousand board feet on May 7, and the National Association of Home Builders estimates sky-high lumber prices add an average of $36,000 to the cost of a new home. I don't think $1,000 lumber prices are the new normal," Stockfish told the Nareit REITweek 2021 Investor Conference. Construction.

NAREIT 105

NAREIT Conference Renovating Materials 105