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Mace raises tender price forecast as wages rise again

Construction Enquirer

Mace has increased its tender price forecast in light of further inflation. The latest forecast balances the positive economic growth in the first quarter, the rate of material prices continuing to cool – but also the recent news that the UK economy continues to suffer from significant inflation. in London and 3.5% in London and 3.5%

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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Effectively managing cash flow is critical for contractors’ success. Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Create Rolling Enterprise Cash Flow Forecasts.

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Commercial Truck Market Remains "Robust": NTEA

Construction Equipment

Nearly half of respondents to a recent survey of commercial vehicle managers expect to expand their fleets in 2020. This meshes with data from Construction Equipment’s Annual Report & Forecast, in which managers of construction equipment fleets reported similar intentions. The Fleet Purchasing…

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Escalation: Predicting project costs in a volatile market

BD+C

Escalation: Predicting project costs in a volatile market 0 qpurcell Mon, 06/03/2024 - 12:26 Construction Costs Thad Berkes, Chief Cost Estimator, Design Collaborative, shares that one of the major hurdles that Design Collaborative attempts to forecast for its commercial construction projects is escalation.

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Video: 5 building sectors to watch amid COVID-19

BD+C

In this segment from BD+C 's The Weekly show, Brad Hunter, Managing Director with RCLCO Real Estate Advisors, talks about the short- and long-term market forecast for several key commercial building sectors, including hospitality, industrial, office, retail, and rental housing.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

It allows real estate market investments without directly purchasing and managing properties. REITs make investing in real estate possible without the hassles of property management, property maintenance, and other associated costs. Evaluate the Management Team The management team of a REIT is crucial to its success.

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Following—and forecasting—the money: Financial modeling for project managers

BD+C

With construction costs comprising between 60% and 85% of the budget for commercial developments, the need to efficiently oversee and balance resources is a top priority. Key to this challenge is the project manager (PM), who synthesizes data on costs, materials, and time to maintain the integrity and momentum of the job.