Construction Law

JUNE 1, 2021

The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.

Industrial 52

Industrial Insurance Banking Procurement 52

Viewpoint Construction Technology

JULY 26, 2018

But when you get a free minute, it’s worth taking a look at what’s going on in our industry. Construction Dive highlights a recent report that found DB methods could account for 44 percent of construction put-in-place spending by 2021. Finding new business in the construction industry doesn’t work the same way it used to.

Industrial 162

Industrial Construction Portland Metro 162

Contractor Magazine

AUGUST 14, 2013

This is the first article in Michael Bohinc’s Accounting Basics online series. According to a 2012 University of Tennessee research report on business startups, the construction industry has one of the highest failure rates of all industries. BY MICHAEL BOHINC, CPA. Business Coach Business Devlopment'

Accounting 79

Accounting Tennessee Contractors Industrial 79

Contractor Bookkeeping

MARCH 8, 2019

Today's Guest Article Is From Parth Mavani. Automation, construction accounting software & accounting software, computerization, and artificial intelligence are now the order of the day. But today, drones are finding broad applications in the construction industry. Then there is the drone technology.

Industrial 49

Industrial Project Management Accounting Software 49

FDR Safety

SEPTEMBER 7, 2012

While there may be a number of potential divisions between the government and the trucking industry, few seem as difficult as the reporting of crash history. Those divisions are playing out as the Federal Motor Carrier Safety Administration considers changes to its Compliance, Safety and Accountability program, better known as CSA.

Industrial 120

Industrial Safety Accounting Transportation 120

BD+C

FEBRUARY 15, 2024

s International Panel on Climate Change (IPCC) sixth assessment report on climate change is an urgent call to action for the building industry. The building industry accounts for approximately 39% of all global greenhouse gas emissions. Erik Barth Regulations Mass Timber Wood The Changing Built Environment The U.N.’s

Concrete 111

Concrete Environment New York City Accounting 111

Constructonomics

SEPTEMBER 9, 2016

Every industry is being affected by what is happening, but is having an especially big impact on the construction sector. In many countries, they are gradually changing construction legislation to take account of this fact. The insurance industry believes that the cost could be even higher than that.

Industrial 100

Industrial Construction Insurance Commercial 100

Construction Specifier

OCTOBER 23, 2023

In the architecture, engineering, and construction industry, there can be considerable control over one important aspect of sustainability: greenhouse gases (GHGs). In fact, the built environment accounts for 39 percent of gross annual CO2 emissions. 1 Emissions come in two general forms.

Sustainability 57

Sustainability Design Environment Drawings 57

Constructonomics

OCTOBER 29, 2012

The construction industry will tend to lag tremendously behind the rest of this country and perhaps even the rest of the free and modern World when it comes to technology. Construction services has long been a word of mouth type industry. So by all means, get a Facebook page and Twitter account.

Industrial 161

Industrial Spirit Pennsylvania Drawings 161

Carol Hagen

JULY 13, 2012

There were surveys taken about what were the popular devices but I couldn’t help but wonder how much is changing and what impact the new tablets will have on the AEC industry. The Deloitte CIO Journal Tech Trends 2012 and this Cloud Surveys article written by Ben Kepes actually recaps some of the discussion.

Mobility 129

Mobility CFMA Industrial Construction 129

Levelset

MAY 23, 2022

In the construction industry, starting a new project means encountering automatic, upfront costs. Getting paid in a timely manner is another challenge for specialty contractors since the average payment collection time for the construction industry is around 90 days. Establish consistent accounting procedures. Invoice regularly.

Cash Flow 59

Cash Flow Lien Accounting Construction 59

Contractor Bookkeeping

JUNE 1, 2018

Today's Guest Article Is From Kaya Johnson, Sales Accountant. Multinational U.S. Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same.

Banking 53

Banking Industrial US Accounting 53

Construction Business Owner

NOVEMBER 29, 2012

Editor’s Note: This is the second in a six-part series titled “The Project Manager’s MBA,” which analyzes six key components of leading business practice and applies them to the construction industry. To read the first article in the series on finance and accounting, click here.

Project Management 136

Project Management Management Finance Accounting 136

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Accounting Online Not Working For Your Construction Company? Xero Accounting Online is a great program for small contractors but it may not the power to do what you need it to do. Need Complex Construction Accounting Reports. Xero Accounting Online Works Best If You: Have Simple Jobs With One Invoice.

Accounting 48

Accounting Construction Contractors Project Management 48

BD+C

JANUARY 25, 2018

The other day, I read an article from Construction Dive reporting data from the National Insurance Crime Bureau stating, “…the construction industry loses up to $1 billion annually in heavy equipment theft … that does not even account for smaller tools stolen from job sites every day.” .

Insurance 73

Insurance Accounting Equipment Site 73

Safety Services Company

MAY 21, 2024

This article will focus on *ISNetworld® client additions in May 2024 and their specific compliance requirements. They focus on responsible practices within the Oil and Gas industry. How Safety Services Company Can Help Streamline Compliance and Prequalification It’s essential to stay informed about the latest moves in your industry.

Documentation 76

Documentation Insurance OSHA Safety 76

Contractor Bookkeeping

JANUARY 6, 2014

In The Past You Had To make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Construction Marketing

MARCH 30, 2023

As an industry, engineering is always about adaptability. This article delves into the five most crucial ones, such as military shelter systems and remote research stations, to ensure structural integrity, functionality, and longevity.

Environment 283

Environment Design Engineering Materials 283

Building Radar

JULY 15, 2020

However, digitalisation in the construction industry is developing more slowly than in other industries. In our article, we have already described 20 construction industry trends to watch in 2020.Today This may be because working with soil, stone, steel and concrete is so analog.

Industrial 52

Industrial Construction BIM Software 52

Construction Junkie

OCTOBER 21, 2020

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is. More details can be found below.

Sage 145

Sage Management ProCore Construction 145

Lets Build

FEBRUARY 6, 2017

Much like any other industry, the construction industry is also benefitting massively from a wide variety of software tools and apps. Below we have created a graphic that helps better visualize the construction technology space and how these tools are spread across the various parts of the construction industry.

Software 133

Software Software Construction Bidding 133

ENR Construction

AUGUST 6, 2012

industry jobs. Power & Industrial. How ACS Connect Smooths Jobsite Data to Accounting. Description: Shipping Project Data to Accounting With A Pause for Review. Monthly Subscription (Automatic Renewal) : Access all articles published on ENR.com for only $9.95/Month. Enter your print subscription account.

Accounting 34

Accounting FAQ News Equipment 34

Contractor Bookkeeping

MAY 31, 2013

It is late on a Friday night almost 11:00PM and I was inspired to write one last article before the week is over and I trust someone, somewhere will get value from it and maybe a bit of inspiration to keep on keeping on. Why I am writing this article is because it occurred to me that I may be coming across as a bit stern and serious.

Accounting 48

Accounting Construction Contractors Profitability 48

BD+C

MAY 3, 2024

Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety 1 kcichowicz Fri, 05/03/2024 - 07:18 Healthcare Facilities This article explores the pivotal shift from traditional hospital settings to Medical Office Buildings (MOBs), focusing on how these facilities enhance patient access.

Office 91

Office Safety Security Liability 91

Construction Marketing

APRIL 12, 2020

This article will define Outsourced Marketing and staffing, along with the pros and cons of each, and some recommended resources. Outsourced marketing is no different that outsourcing accounting, information technology, and other business functions. Industry experience should be considered.

Overhead 213

Overhead Construction Consulting Comparison 213

Levelset

SEPTEMBER 30, 2022

With your back against the wall, dipping into your personal bank account may feel like an easy solution. But when you take into account how long it takes for specialty contractors to get paid, it gets risky quickly, especially if you’re just starting out. Check out more articles on cash flow management here.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

ENR Construction

JULY 22, 2012

industry jobs. Power & Industrial. Industry Protests Increased Use of Single-Step Design-Build by Army Corps. Monthly Subscription (Automatic Renewal) : Access all articles published on ENR.com for only $9.95/Month. Enter your print subscription account. Industry forecasts. contact us. SUBSCRIBE TODAY.

Industrial 65

Industrial Design FAQ News 65

Contractor Bookkeeping

SEPTEMBER 5, 2012

The Economy Has Tough On Contractors - From 2009 through the time of this article in September of 2012 and anyone who says otherwise is either not in construction or a dim-bulb trying to sell you non-existent sky-hooks, pipe stretchers, lumber extenders or my favorite a box of 2-9/16" holes for 2" plumbing drain waste and vent pipe.

Accounting 48

Accounting Contractors Overhead Insurance 48

HardHatChat

FEBRUARY 10, 2015

Bill Di Santo, president of Englewood Construction (second from right), and the Englewood accounting team receiving recognition from the Chicago Chapter of the Construction Financial Management Association (CFMA) for participating in their 2014 Accounting Intern Program. Between 2007-2009, the construction industry lost 2.3

Commercial 120

Commercial Construction Chicago CFMA 120

Lets Build

JULY 24, 2017

The role of asset tracking software in the construction industry. The construction industry is a burgeoning sector, hammering out the very foundations of modern society as we know it. In fact, a lot of the challenges associated with the construction industry seem to revolve around the use and management of assets.

Software 111

Software Software Management Construction 111

Construction Junkie

SEPTEMBER 25, 2020

The research paper includes data from a wide variety of construction projects, including buildings, heavy industrial, infrastructure, and light industrial, 179 projects in total. With both the direct and indirect factors combined, it was determined that the median cost rework accounts for is 9% of the total project cost!

Change Orders 103

Change Orders BIM Documentation Overhead 103

Construction Business Owner

SEPTEMBER 1, 2022

In this article, we’ll touch on the top nine reasons why practicing good inventory control can save your whole team precious time and money. To avoid this, you should abide by all industry standards for storing construction materials, especially if you do business in a harsh climate. Construction inventory is expensive.

Inventory 226

Inventory Resource Construction Materials 226

Buisness Facilities Contributed Content

FEBRUARY 24, 2014

Excluding the wind industry, which experienced a drop due to uncertainty regarding the federal Production Tax Credit (PTC), U.S. “Advanced energy is a vibrant industry and a vital part of America’s economic future. advanced energy revenue grew 18 percent in 2012 and 14 percent in 2013. Overall, U.S. Excluding wind, the U.S.

Industrial 53

Industrial United States Transportation Products 53

Construction Marketing

JUNE 6, 2014

The only other industries where professionals feel more confident about their employment prospects are in finance, wholesale, and hospitality. Accounting for projected population growth, this means a shortage of 48,000 engineers, according to Randstad.

Engineering 214

Engineering Environment Security Employment 214

Carol Hagen

APRIL 26, 2013

To quote Fast Company in their article “ Why you should work from a coffee shop, even when you have an office “, A change of environment stimulates creativity. A favorite place for idea exchanges are in the exhibitor hall where you can visit the technology, business and financial leaders in the construction industry.

CFMA 224

CFMA Conference San Diego Software 224

ENR Construction

JULY 29, 2012

industry jobs. Power & Industrial. Details Emerge on First Industry Standard for Lift Planning. Description: Because many lifts are doomed before they even begin, the first industry standard for lift planning is in development. Enter your print subscription account. Industry forecasts. contact us.

Plans 58

Plans Industrial FAQ News 58

Carol Hagen

MAY 30, 2012

In a recent ConstructionBusinessOwner.com article entitled, “ Benchmark Your Financials: Gain a Competitive Edge Comparing Metrics “, Glenn Wattum, a partner with Moss Adams LLP points out how important benchmark metrics are to the success of your contracting firm. Have you used the benchmarker? Why or why not?

CFMA 129

CFMA Construction United States Contract 129