ENR Construction

DECEMBER 29, 2023

The new $3.93 billion standard gauge railway line will connect from Tabora in Tanzania to landlocked Burundi’s mineral-rich Musongati area.

Banking 87

Banking Finance 87

Wolgast Corporation

OCTOBER 26, 2023

We checked in with Steve Canole, Senior Vice President of 1 st State Bank, to find out the current commercial financing climate and if there are any changes, insight, or guidance our business owner clients should know to secure financing to fuel their growth. Over the last 18 months, lending is back to financing 75% or lower.

Commercial 106

Commercial Finance Banking Equity 106

Levelset

FEBRUARY 3, 2023

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. During the Great Recession , more than 150,000 construction firms closed their doors, and 2 million construction workers lost their jobs.

Finance 52

Finance Cash Flow Materials Security 52

Pro Builder

DECEMBER 13, 2021

How Land Banking Could Help Builders Battling Shortages. Land banking offers a potential solution for builders to generate strategic capital and minimize the risks associated with land ownership in the midst of national shortages, according to John Burns Real Estate Consulting. New-Construction Projects. Mon, 12/13/2021 - 09:49.

Banking 52

Banking Risk Deals Inventory 52

Construction Law

MARCH 31, 2021

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure. Adverse comparisons are being made with the scale of the European Investment Bank funding that has been lost post Brexit, which was some £5 Billion.

Banking 52

Banking Budgeting Budget Green 52

Contractor Bookkeeping

OCTOBER 13, 2023

In the construction business world, one constant factor you are likely to encounter is change, particularly in the financial landscape. Understanding how this impacts your construction business and identifying solutions to counteract these effects can be vital to sustaining and growing your company.

Contractors 103

Contractors Construction Finance Profitability 103

Contractor Bookkeeping

JUNE 1, 2018

Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same. However, the reality is that there is a large amount of influence which certain companies are able to hold over the bank and the decisions which it makes. Multinational U.S.

Banking 52

Banking Industrial US Accounting 52

Lets Build

JUNE 7, 2019

Whatever your reason for getting into the construction business, a love for job costing and puzzling out profitability likely wasn’t a contributing factor. In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1.

Estimating 130

Estimating Banking Finance Profitability 130

Construction Business Owner

JUNE 1, 2022

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.

Leases 177

Leases FASB Finance Accounting 177

Levelset

JULY 25, 2022

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

Debt 97

Debt Cash Flow Equity Finance 97

Wolgast Corporation

NOVEMBER 28, 2022

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building.

Lien 95

Lien Risk Contractors Banking 95

Wolgast Corporation

FEBRUARY 27, 2024

General Construction for a long time was the primary method of delivering construction. Even Wolgast in the early years was a one-trick pony with General Construction being our only option. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method.

Design 62

Design Bidding Budgeting Budget 62

Pro Builder

JUNE 9, 2023

The project was completed with the help of the East Akron Neighborhood Development Corporation (EANDC) as well as a number of partners, including Huntington Bank, who put together the financing and government and private funding for the housing complex. Read more Affordability Multifamily New-Construction Projects Multifamily

Housing 52

Housing Banking Ohio Finance 52

Green Building Law Update

APRIL 4, 2021

Not to mention there is anecdotal evidence from the first LEED Zero projects that the required integrated process has reduced change orders by a magnitude of up to 90% resulting in dramatic reduced total construction costs. Real estate has been and remains the largest sector in the U.S. It is time to dare and endure.”.

Green 293

Green Debt Security Commercial 293

Construction Business Owner

FEBRUARY 16, 2012

Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. MARKETING |. INSURANCE |. EQUIPMENT |. Green Building.

Banking 120

Banking Construction Cash Flow Finance 120

HardHatChat

JUNE 12, 2014

For one week each year, the commercial construction industry converges on the desert city as national retail construction firms, retail brokers and retailers all get together to make deals and plan for the following year. I felt like this was the largest RECON I’ve attended since 2008, the last year of the retail construction boom.

ICSC 273

ICSC Commercial Retail Chicago 273

Wolgast Corporation

MAY 22, 2023

In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Being able to finance 80-90% of the cost couldn’t be a better deal for these companies. It is still a nominal rate spanning a longer term than the traditional bank loan.

Banking 62

Banking Michigan Finance Commercial 62

Construction Marketing

JANUARY 25, 2023

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. You must secure financing for the project. The construction process also provides for installing flooring, paint, and fixtures.

Commercial 211

Commercial Leases Regulation Finance 211

Construction Business Owner

JANUARY 29, 2015

When it comes to acquiring the equipment that construction companies need to conduct business, the options for securing capital for purchases and leases are endless.

Leases 120

Leases Union Finance Banking 120

Levelset

APRIL 5, 2022

In this article, we’ll explore some strategies to help you keep money in the bank. Most construction businesses focus on their profit margins — making sure that revenue exceeds costs for each job. Cash flow is the number one reason why construction companies go out of business. Finance material purchases.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Contractor Bookkeeping

AUGUST 6, 2014

You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. 4 You have no access to a construction accountant, not even for quarterly check-ups. #5

Finance 48

Finance Accounting Construction Banking 48

Construction Enquirer

MAY 14, 2023

Finance director Eamon Higgins said McAleer & Rushe said revenue for 2023 was now projected to hit a record high of £425m this year after signing off a major job on London’s South Bank, with a number of sizeable residential contracts targeted for the months ahead. to 372 staff.

Residential 62

Residential Banking Finance Profitability 62

Construction Enquirer

JULY 27, 2023

Goodstone Living has secured more than £100m of debt financing from NatWest and Allied Irish Bank to develop Smith’s Garden Around 1140 modules needed for the project will be manufactured in Telford between November 2023 and January 2025. Construction activities will now get underway to prepare the site.

Debt 64

Debt Maine Banking Finance 64

ENR Construction

AUGUST 12, 2020

billion with financing from the U.S. Export-Import Bank The companies from Florida, Georgia, Louisiana, New York, Oklahoma, Pennsylvania, Tennessee, Texas and the District of Columbia, will deliver exports of equipment and services worth $1.8

District of Columbia 83

District of Columbia Oklahoma Pennsylvania Tennessee 83

Construction Business Owner

MAY 30, 2013

A common trait of successful construction companies is the ability to manage risk and minimize the effects of uncontrollable conditions. So, many businesses, construction and otherwise, develop financing relationships beyond banks to add stability to their operations.'

Leases 136

Leases Banking Finance Risk 136

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. Learn more: The Ultimate Guide to Construction Accounting.

Cash Flow 59

Cash Flow Lien Accounting Construction 59

Levelset

JUNE 14, 2022

Construction material costs are rising along with high fuel prices , affecting lead times and project success. As reported by the US Census Bureau, the construction industry is experiencing the most significant price hike since the 1970s as specialty contractors carry the burden of upfront, out-of-pocket expenses required to start new jobs.

Materials 52

Materials Cash Flow Deals Finance 52

Construction Equipment

NOVEMBER 9, 2016

Although federal regulators have not given the go-ahead to Energy Transfer Partners, the company announced yesterday it has started moving heavy equipment to Lake Oahe, S.D., despite requests by federal agencies to delay the project as the US government reassesses permits and considers possible reroutes.

Banking 66

Banking Finance Permits Regulation 66

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contract 88

Contract Construction Finance Documentation 88

Levelset

MARCH 21, 2022

Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Protect your lien rights.

Cash Flow 98

Cash Flow Insurance Lien Management 98

GCP Applied Technologies

JUNE 9, 2020

Tackling high-rise concrete construction challenges. When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank. Finance – What is the cost? High Rise Concrete Construction: Trends to Watch. michael.delros…. June 09, 2020.

Concrete 125

Concrete Construction Materials Finance 125

Green Building Law Update

MAY 25, 2014

Proceeds from these corporate bonds will be used to fund “eligible green building projects” including the acquisition, construction, development or redevelopment of projects that will pursue LEED certification. In November 2013, Bank of America issued the first ever U.S. exclusively for green building.

Green 120

Green Banking Finance Leases 120

Construction Dive

FEBRUARY 26, 2014

What will be the nationwide impact, if any, of the New York Green Bank, a bank that opened for business earlier this month with a partial mission of stimulating private financing of energy-efficiency projects? ” Will it? Read more.'

Banking 48

Banking New York Green Defense 48

ENR Construction

APRIL 15, 2020

Pension fund ex-CEO Michael Sabia now chairs criticized project finance entity, with feds seeing role ahead in country's COVID-19 recovery.

Banking 36

Banking Infrastructure Finance 36

Autodesk Construction Cloud

APRIL 24, 2023

While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect, let alone, improve their margins.

Profitability 97

Profitability Construction Autodesk Forecasting 97

ENR Construction

AUGUST 12, 2020

Export-Import Bank financing. Firms from Florida, Georgia, Louisiana, New York, Oklahoma, Pennsylvania, Tennessee, Texas and Washington, D.C. will deliver equipment and services exports worth $1.8 billion, with U.S.

Oklahoma 66

Oklahoma Pennsylvania Tennessee New York 66

The Korte Company

OCTOBER 9, 2018

It’s a rudimentary idea on the surface, but behind the veneer it’s clear that hotel construction projects have many moving parts. The key to success is optimizing a wide array of hotel construction costs associated with these projects. Understand hard costs in hotel construction. Construction project insurance premiums.

Finance 68

Finance Construction Security Materials 68