Construction Today

MAY 2, 2024

Engineered wood is rapidly gaining recognition as a pivotal material in modern construction, offering a sustainable alternative to traditional building materials like concrete and steel. This shift is crucial as the construction industry seeks to reduce its carbon footprint and embrace more eco-friendly practices.

Engineering 52

Engineering Industrial Materials Accounting 52

Job Order Contracting

SEPTEMBER 7, 2023

2 Common data environment (CDE) Use of industry standard terms and definitions , all in plain English without excessive use of acronyms or abbreviations. Local market, current , and granular construction task data organized via expanded CSI MasterFormat. Note: Do not use location or economic factoring.) .) #5

Accounting 130

Accounting Products Procurement CSI 130

Pro Builder

SEPTEMBER 15, 2020

Women Now Account For 10.3% of Construction Workforce. Employment for women in the construction industry surpassed its previous peak in 2006 last year. During the Great Recession, the number of female construction workers dropped by nearly 30% and have only now come back to pre-recession numbers, according to NAHB.

Accounting 98

Accounting Construction Employment NAHB 98

Contractor Bookkeeping

JANUARY 12, 2024

Tax season can be a bit overwhelming for construction business owners, especially with many things to keep track of in our industry. We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes.

Accounting 117

Accounting Regulation Construction Software 117

Autodesk Construction Cloud

JANUARY 18, 2024

However, as the construction sector continues to expand in many countries, there is a growing awareness of its environmental consequences. Our latest white paper, ‘Building Net Zero and The Role of Data in Green Construction’ , investigates the current landscape for sustainability in construction across APAC – as well as potential solutions.

Materials 84

Materials Industrial Green Construction 84

Viewpoint Construction Technology

SEPTEMBER 23, 2018

While many businesspeople swear by hard work and technical proficiency as the key ingredients of success, within the construction industry, there is a broader understanding that success is built on more than just structural expertise and hard work. When is the Right Time to Implement Construction Accounting Software?

Industrial 130

Industrial Accounting Viewpoint Construction 130

Construction Law

APRIL 5, 2024

Research from specification platform NBS shows the industry is still struggling to achieve a consensus on the scope and requirements of the Building Safety Act 2022 (BSA). To read more of this and every other news story on this site, please log in with your Construction Law membership account details. See the panel to the right.

Industrial 52

Industrial Risk Accounting News 52

Construction Law

MARCH 15, 2024

Turner & Townsend is warning clients that they need to carry out ‘robust procurement and pre-qualification checks’ to minimise the risk of contractor insolvencies impacting programmes as the industry climbs out of recession. Subscribers to the printed magazine get access to the entire Construction law website.

Industrial 52

Industrial Contractors Procurement Accounting 52

Construction Marketing

MAY 17, 2023

The construction industry is undergoing a remarkable transformation as it embraces the digital age. Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations.

Innovation 255

Innovation Construction Safety Budgeting 255

Pro Builder

SEPTEMBER 14, 2021

Women Now Account for 10.9% of the Construction Workforce. Adding more women to the construction workforce presents an opportunity for the industry, says the National Association of Home Builders. The share of women in construction grew by 0.6% from 2019 to 2020, now accounting for 10.9% Construction.

Accounting 59

Accounting Construction Office Employment 59

Construction Business Owner

FEBRUARY 14, 2023

CST How does your construction company control employee spending? Join fellow industry professionals for modern expense policies for construction companies, a one-hour live presentation that will make creating (or updating) your expense policy easy. Actually, not really.

Construction 156

Construction Accounting Finance Management 156

Construction Business Owner

JULY 1, 2020

And the construction industry isn’t exempt, with 56% of fraud cases directly related to billing and check/payment, and the median loss just shy of a quarter of a million dollars in more than 40 fraud cases. . construction fraud. 5 tips to protect your business against financial fraud. Rhonda Greene, APSC. Solutions Consultant.

Green 348

Green Construction Consulting Accounting 348

Construction Marketing

DECEMBER 15, 2021

The construction market is not lacking in innovations and digital transformations in the 21 st century. Digital solutions reshape the building industry and make it more flexible. Among the most efficient construction technologies are building estimation software , cloud-based systems, building information modeling, and more.

Industrial 120

Industrial Construction Software Software 120

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. In addition to helping you benchmark your performance against your peers, equipping yourself with the latest industry stats can help shape your overall strategy. . State of the industry.

Statistics 98

Statistics Industrial Autodesk Construction 98

Contractor Bookkeeping

OCTOBER 29, 2019

In the construction industry, cash is the lifeblood of every business — and accountants are the heartbeat. A new survey report released this week from Levelset and TSheets by Quickbooks shines a light on why accounting for a construction business is far more complicated than most other industries.

Accounting 50

Accounting Cash Flow Construction Industrial 50

Construction Business Owner

JANUARY 10, 2024

How to Cut Costs & Delays ccapoccia Wed, 01/10/2024 - 15:14 Technology and construction are converging to shape a future characterized by innovation, sustainability and efficiency. Cutting-edge technologies are being integrated into every stage of the construction process and revolutionizing the industry in several ways.

Insurance 156

Insurance Accounting Innovation Sustainability 156

Levelset

FEBRUARY 11, 2022

The Chart of Accounts is the heart of every contractor’s accounting system , whether you’re using QuickBooks or any other construction accounting software. In this article, we’ll explain how a contractor’s Chart of Accounts should be set up in QuickBooks , with a free customizable template for construction. .

Accounting 52

Accounting Contractors Income Software 52

Viewpoint Construction Technology

JULY 24, 2018

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. In the construction industry, no two days are ever alike. In the back office, accounting and HR teams are the workhorses that get these tasks done day in and day out. Tax Planning Strategies for Construction Contractors.

Accounting 158

Accounting Finance Viewpoint IRS 158

Pro Builder

APRIL 21, 2021

Home Building Accounts for Nearly 3% of U.S. More than 11 million Americans worked in the construction industry in 2019 with 4.4 employed civilian labor force, residential construction workers accounted for 2.8% employed civilian labor force, residential construction workers accounted for 2.8%

Accounting 98

Accounting District of Columbia Florida Vermont 98

Viewpoint Construction Technology

APRIL 30, 2019

New construction technologies to attract younger workers, a push toward green building and the good and bad news in safety — these highlight some of the top stories in April. Joysticks and Simulations: The New Construction Recruiting Tools. Joysticks and Simulations: The New Construction Recruiting Tools.

Industrial 150

Industrial New York City Construction Safety 150

Job Order Contracting

AUGUST 24, 2022

Paying for JOC Program tools and service via a percentage fee based upon construction volume can result in excessive costs to all participants and stakeholders. Lack of understanding , collaboration, commitment, and accountability among Owner planning, procurement, and project delivery teams is the number one cause of JOC Program failure.

Industrial 227

Industrial Procurement Comparison Plans 227

Viewpoint Construction Technology

NOVEMBER 29, 2018

A review of some of the top construction headlines and a look forward to 2019. The post State of the Construction Industry: November Roundup appeared first on Viewpoint Surveyor.

Industrial 162

Industrial Viewpoint Construction America 162

Fieldwire

AUGUST 9, 2023

Let’s face it, for an industry that uses increasingly cutting-edge technology to execute their clients’ complex projects, companies in the construction industry still struggle to embrace tech that provides the same level of precision for the internal workings of their businesses. And yes, that can add up fast.

Industrial 52

Industrial Construction Management Products 52

Levelset

FEBRUARY 11, 2022

The construction industry runs on credit. As a result, every construction business records transactions to Accounts Receivable (A/R) until they actually receive payment. Construction companies in particular need to pay close attention to their A/R balances and review them regularly.

Accounting 52

Accounting Management Contractors Lien 52

Job Order Contracting

DECEMBER 10, 2022

OpenBUILD(TM) is The ONLY Construction Integrated Project Delivery Solution with Locally Researched Cost Visibility with Program Management, Contract Management, Proposal/Bid/Estimate Management, Workorder Management , Project Management, Document Management, Team Management, Issues/Task Management, Workflow Management, and BIM integration.

Procurement 221

Procurement Construction BIM Change Orders 221

Constructonomics

JULY 2, 2021

There is hardly any industry around the globe that is not affected by the Coronavirus. The construction industry is no exception. Increased health risks that came along with COVID-19 worsened the productivity and efficiency in the construction sector. In 2019, about 20% of private worker fatalities were in construction.

Industrial 100

Industrial Construction Safety Guidelines 100

Construction Marketing

FEBRUARY 23, 2022

As a result, some reduce the scope of existing projects, which can leave construction companies with fewer jobs. These platforms help market everything from books and video games to various online entertainment industries. Adding a blog to your website can help your site rank higher for construction-relevant search terms.

Construction 270

Construction Mobility Site Accounting 270

Autodesk Construction Cloud

DECEMBER 6, 2023

When it comes to construction projects, accounting and financial management are like the foundation of a building. Unfortunately, most ERP and accounting software aren't built for construction project managers. Aside from lacking industry-specific capabilities, they don't allow multi-stakeholder collaboration.

Autodesk 98

Autodesk Management Construction Accounting 98

Construction Law

MARCH 1, 2024

Adopting measures to comply with the Building Safety Act could hinder the construction sector’s recovery in 2024, according to the latest Spring Market View from consultant Arcadis. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Safety 52

Safety Forecasting Accounting News 52

Lets Build

MAY 11, 2020

The construction industry, along with all other sectors in the world, will never be the same because of the COVID-19 pandemic. Here are some of the ways the novel coronavirus crisis will reshape construction. A lot of industries have adopted remote work arrangements for the past few years already.

Industrial 178

Industrial Construction Conference Compensation 178

Construction Business Owner

MAY 30, 2023

CDT As a result of economic and cultural trends, construction organizations today are increasingly relying on technologies that increase efficiency — especially in accounting departments. Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.

Software 290

Software Software Lien Organization 290

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. How Drone Photography Is Carving a Niche in Construction. It’s no secret drones are becoming more prevalent in construction. It’s no secret drones are becoming more prevalent in construction. Pretty significant, it turns out.

Industrial 137

Industrial Construction Portland Metro 137

Autodesk Construction Cloud

SEPTEMBER 13, 2022

As with every industry, everything ultimately boils down to the bottom line. But in construction, with razor-thin margins, the stakes are significantly higher and there is little room for the unexpected. However, the industry is at a pressure point and unfortunately, the unexpected is one of the few things companies can expect.

Autodesk 105

Autodesk Risk Industrial Construction 105

Construction Business Owner

JANUARY 20, 2021

By the 1950s, nearly two-thirds of all industrial construction was taking place outside of cities as suburban America was forming. In fact, residential construction in the suburbs accounted for 75% of total construction at the time. As millions of servicemen returned home, the housing market exploded, with 2.5

Residential 334

Residential America Accounting Innovation 334

Job Order Contracting

FEBRUARY 26, 2024

Learning how to effciently manage dynamic project is the first step toward solving FM and construction waste. Image Source: Leyla Acaroglu ([link] The lack of system thinking across the FM and construction sector is a primary cause of rampant economic and environmental waste. A common data environment (CDE) inclusive of 1.

Management 179

Management Construction Procurement CSI 179

Construction Business Owner

MAY 21, 2018

Today’s volatile construction industry, dominated by demanding owners, labor shortages, increasing competition and shrinking profitability, leaves many contractors wondering “How can we survive amidst growing risk and uncertainty?”

Accounting 159

Accounting Profitability Risk Contractors 159

Construction Junkie

MARCH 9, 2021

Women in Construction Week is in full swing after starting on Sunday, March 7 and continuing through March 13th, helping to raise awareness of the opportunities that are available for women in the industry and highlighting those making a positive impact. Now is a great time for women to work in construction.

Discrimination 105

Discrimination Industrial Construction Site 105