Fri.Oct 09, 2020

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What Does Your Accounting System Say About Your Construction Business?

Contractor Bookkeeping

How many times a day do you hear from someone saying, “It’s Boring", or "I’m Bored.” It is a red flag that should light up your “Oh Crap” meter. Moreover, more important, whenever an employee says it. Because this usually means they are shortcutting the work versus the fact that you have so many right processes in place that the work is genuinely dull.

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4 Questions to Ask to Improve Your Firm's Financial Controls

Construction Business Owner

4 Questions to Ask to Improve Your Firm's Financial Controls. Elizabeth Manning. Fri, 10/09/2020 - 09:35. Guaranteed maximum price (GMP) construction contracts are audited more often due to the nature of the reimbursable costs. And the contractors on these projects often have questions when the client notifies them that their project may be audited.

Contract 245
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Failed Concrete Slump Test? Here is What you Should do

The Constructor

Engineers should make a proper decision when an on-site slump test fails. The decision could be an outright rejection of the complete batch of.

Concrete 252
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How to Increase Site Safety with a Digital Check-in Process

Construction Business Owner

How to Increase Site Safety with a Digital Check-in Process. Elizabeth Manning. Fri, 10/09/2020 - 09:58. Earlier this year when construction sites were closed, every firm spent the downtime researching how they would safely reopen. There were lots of questions and considerations to be addressed—a shortage of personal protective equipment, rereading medical privacy law guidelines and Occupational Safety and Health Administration regulations, adjusting project timelines, and more.

Safety 197
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Leading the Way in Construction EHS Software

The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

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Eiffel Tower: Construction Features of the Iron Giant

The Constructor

The Eiffel Tower was the first structure to reach the coveted height of 1000 feet and maintained its status as the world’s tallest structure until.

More Trending

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Difference Between Compaction and Consolidation | What Is Compaction | What Is Consolidation

CivilJungle

What Is Compaction? compaction of soil is area compacted by the mechanical method to remove air voids in compacted soil this area of soil called compaction. What Is Consolidation? Consolidation is the compaction of soil by the expulsion of water from voids of the soil. Consolidation is a process by which soils decrease in volume. According to Karl von Terzaghi “ consolidation is any process which involves a decrease in water content of saturated soil without replacement of water by air.”.

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One of the few Class A office buildings in New York’s East Harlem should start construction early next year

BD+C

Extell Development Company is moving forward on its first office building in East Harlem in New York City. Known as Harlem Headquarters , this nine-story building, whose construction is scheduled to begin next year and be ready for fitouts by the end of 2022, will offer 441,600 sf of Class A office space. The development includes a 7,500-sf roofdeck terrace and a 40,851-sf community center.

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Torc, Freightliner to Test Level-4 Autonomy

Construction Equipment

Torq Robotics will use Freightliner Cascadia test trucks to develop and test its Level 4 self-driving technology. The trails will commence early next year.

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New Consigli poll tracks subs’ material and labor pricing risks

BD+C

The contractor Consigli Construction has released its latest breakdown of predictions about materials and labor pricing for 21 categories, based on the firm’s survey of more than 200 subcontractors working in the Northeast.

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Optimize Operational Processes With an Industry-Specific ERP

As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

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Construction CEOs Regain Confidence: Survey

Construction Equipment

Confidence among construction CEOs recovered in the third quarter to nearly its pre-Covid level, according to the Vistage CEO Confidence Index. The September Index was 82.3, up from 65.5 in the second quarter. The Index was 85.0 in the third quarter of 2019.

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MIT Fusion Startup Gears Up for Reactor Design and Construction

ENR Construction

Scientists' startup to create a revolutionary reactor that would imitate how the sun generates energy is getting ready to go on a hiring spree.

Design 87
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A Smooth Road After Covid-19

Pro Builder

A Smooth Road After Covid-19. mbeirne. Fri, 10/09/2020 - 06:00. The realities of building during a pandemic can play havoc with our minds. A friend of mine shared the acronym “F.E.A.R” as False Evidence Appearing Real. In an industry like ours we need to make decisions based on facts not fear. So where does one find facts that stamp out fear when employees, executives and owners are worried about the future?

Roads 64
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Fusion Startup Gears Up for Reactor Design and Construction

ENR Construction

A nuclear fusion startup spawned by scientists at MIT to create a revolutionary reactor that would imitate the way the sun generates energy is getting ready to go on a hiring spree.

Design 74
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The Ultimate Procurement Software Buyer’s Guide

Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

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Best Work Socks for Construction Workers to Wear ALL Day

Work Gearz

A person working at factories or a construction site pays the most amount of attention to investing in a pair of solid work boots. While that is a good practice, you often tend to neglect the significance of wearing a reliable pair of socks, which is just as important as work boots. Especially because for such workers, standing and being active on foot comes with the territory. .

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Is it a Bad Time to Buy? An Increasing Number of Buyers Think So

Pro Builder

Is it a Bad Time to Buy? An Increasing Number of Buyers Think So. cbroderick. Fri, 10/09/2020 - 08:50. As home prices continue climbing, the number of confident buyers dwindles. According to a new survey from Fannie Mae, the number of buyers who believe it’s a good time to buy dropped from 59% to 54% last month. While home prices are up by 6% annually, according to CNBC, homebuyers expect these prices to rise even more.

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Building Still Standing on Anniversary of Hard Rock Collapse

ENR Construction

Monday, Oct. 12 marks the one-year anniversary of the collapse, and work to tear down the structure is not even halfway complete.

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Trimble Divests Construction Logistics

Construction Equipment

Editors note: An earlier version of this article incorrectly stated Trimble was divesting machine control. That is not the case. CE regrets the error.

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Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business

Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

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Redfin: Home Prices See Largest Year-Over-Year Increase Ever

Pro Builder

Redfin: Home Prices See Largest Year-Over-Year Increase Ever. cbroderick. Fri, 10/09/2020 - 08:55. Home prices experienced the largest growth since September 2005 during the four-week period ending October 4. The median home sale price hit $320,625—a 15% year over year increase. Back in fall of 2005, home prices jumped 14.5% year over year, making this fall’s increase the highest in history, according to Redfin.

Income 40
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2021 Design & Construction Week Will be an All-Virtual Event

Contractor Magazine

The new all-virtual DCW 2021 will still take place the week of Feb. 8 with extended programming.

Design 53
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Why and How Do Builders Intend to Use Off-Site Methods in 5 Years?

Pro Builder

Why and How Do Builders Intend to Use Off-Site Methods in 5 Years? cbroderick. Fri, 10/09/2020 - 09:02. In just one year, an increasing number of builders reported intent to utilize off-site construction within the next five years. Home Innovation’s recent study also surveyed builders on the main reasons why they would choose off-site construction. The top reason came down to speed with 33% of the 300 respondents citing it as the main reason.

Site 40
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Can You Wear Steel Toe boots in Winter?

Work Gearz

Winter reminds me of a hot cup of coffee, with a cozy couch to lie down just beside the fireplace and a blanket to cuddle on. Such a perfect ambiance, what say? Every year this season provokes me to add a few new items to my wardrobe collection, be it clothes, shoes or caps. This year I opted for a long fur coat, a smart woolen cap and a pair of steel toe boots.

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The Specialty Contractor's Guide to Job Cost Accounting

Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

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Top 20 Cities for First-Time Homebuyers

Pro Builder

Top 20 Cities for First-Time Homebuyers. cbroderick. Fri, 10/09/2020 - 09:08. The drops in mortgage rates and increases in Americans saving have created a perfect recipe for first-time homebuyers to enter the market, or begin considering it. SmartAsset reviewed 185 of the largest US metros across 12 metrics to identify the best cities for first-time buyers.

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ProCONNECT Events in 2021

Pro Builder

ProCONNECT Events in 2021. ibush. Fri, 10/09/2020 - 11:54. Image. Since 2017, SGC Horizon has produced 15 ProCONNECT events , bringing hundreds of designers, developers, building owners, builders, and contractors together with product manufacturers in a unique format—confidential, one-on-one meetings of 20 minutes each—to discuss upcoming projects and potential product solutions. .