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What the Latest Rental Forecast Means to Your Business

Construction Business Owner

The latest quarterly update to the 5-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains through 2021.

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What's in store for asset managers in 2021?

Construction Equipment

It’s finally 2021, but what does the year hold for construction equipment asset managers? Construction Equipment editorial director Rod Sutton reviews recent research that points where construction and fleet health might be going this year: the 2021 Annual Report & Forecast, and the Equipment…

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Managers Rate Dealers Lower on Technology: Survey

Construction Equipment

The results are part of the 2021 Annual Report & Forecast, in which… Increasing customer expectations appear to be driving downward their perception of construction equipment dealers’ ability to meet their needs regarding technology, according to exclusive research from Construction Equipment.

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How To Make 2021 Your Contracting Cash Flow Year

Contractor Bookkeeping

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. What is Cash Flow Forecast? A cash flow forecast comprises three key elements: beginning cash balance, cash inflows (e.g.,

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

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. Financials can be sorted, viewed, and filtered by project type, cost code, project manager, labor & material, and self-performed work vs. subcontracted work, among many other options.

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Large Equipment Fleets Fare Better: Survey

Construction Equipment

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…

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Ferrovial Construction UK plunges to £30m loss

Construction Enquirer

Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. He added that Ferrovial ended the year with an order book of £795 (2021: £1bn). This figure is made up of £19.6m for defects and warranties and £31.3m