Construction Dive

APRIL 26, 2023

Dodge’s Richard Branch talks with Construction Dive about recent banking turmoil, industry bifurcation and standout sectors in 2023.

Banking 108

Banking Construction Industrial 108

Construction Enquirer

APRIL 26, 2023

Taylor Wimpey has finished consultations with staff on a £19m cost-saving plan as it revealed this morning that targetted completion rates were 23% down on last year. The cost-cutting plan is understood to have delivered 450 job cuts and cost £8m to implement but would not affect existing UK market coverage. In a trading statement this morning chief executive Jennie Daly said Taylor Wimpey had seen a incremental improvement in sales rates so far this year compared to the end of 2022.

Consulting 105

Consulting Plans Housing News 105

Construction Dive

APRIL 26, 2023

A University of Houston-led team has upgraded its earlier system, which can track where objects and people are even as line of sight breaks.

Houston 131

Houston Safety 131

Construction Enquirer

APRIL 26, 2023

Subcontractors and suppliers have been left holding unpaid invoices worth nearly £2m following the failure of Yorkshire based contractor Castlehouse Construction. An update from administrator FRP Advisory revealed the scale of debts after the firm went under in March. Total debts at the business were £4.5m including more than £2m owed to HMRC in VAT payments.

Debt 105

Debt Contractors Accounting Construction 105

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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.

Software

Construction Dive

APRIL 26, 2023

Two-thirds of respondents said they would not want to apply for a job that uses AI to assist with hiring decisions.

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122

Construction Dive

APRIL 26, 2023

J.P. Morgan recommends building owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S. debt limit.

Debt 89

Debt 89

Construction Enquirer

APRIL 26, 2023

London’s Ealing Council and developer Vistry Partnerships have scrapped plans to redevelop the council’s ageing headquarters to build a new civic centre alongside nearly 500 flats. The partners blamed soaring costs and the new second staircase rule for the decision to abandon the Perceval House project. Instead, the council now plans to retain and retrofit the building to make it an office building and community space.

Risk 93

Risk Housing Regulation Plans 93

ENR Construction

APRIL 26, 2023

Semiconductor company, which produces technology used in electric vehicles, 5G networks and renewable energy and storage, is building a new plant in its home state and a research facility with North Carolina Agricultural and Technical State University.

North Carolina 78

North Carolina Materials Electrical 78

Construction Enquirer

APRIL 26, 2023

House builder Persimmon said that build rates have plunged 30% in the first three months of this year because of the slump in demand at the end of 2022. This reduced forward sales position led to a 42% reduction in group completions in the first quarter to 1,136 homes (Q1 2022: 1,950 homes). In a trading update this morning, Dean Finch, group chief executive, said Persimmon responded quickly to the deterioration in market conditions in the second half of last year, by controlling costs and manag

Housing 86

Housing Profitability Site Plans 86

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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.

Industrial

ENR Construction

APRIL 26, 2023

With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.

Design 78

Design 78

Construction Enquirer

APRIL 26, 2023

Glencar has won the contract to build the new LHR21 facility for Vantage Data Centers at its second London Campus near Heathrow Airport. The Enquirer understands the deal is worth around £125m and will see Glencar deliver a six-storey data centre across 194,000 sq ft Glencar’s specialist Data Centre team is preparing to start construction within weeks at the 1.2-acre site with the project expected to be completed in early 2025.

Deals 85

Deals Airports Security Site 85

Construction Dive

APRIL 26, 2023

As the Australian contractor starts its first for-rent multifamily complex in New York City, Google has hit pause on another of its major U.S. projects.

New York City 68

New York City Residential New York Contractors 68

Construction Enquirer

APRIL 26, 2023

More than 450 firms have been hit by the collapse of Metnor Construction with subcontractors and suppliers owed more than £10m. An update from administrator FRP Advisory Trading Ltd said 468 creditors had been identified so far since the Newcastle-based contractor collapsed in February. FRP blamed Mentnor’s demise on the withdrawal of a key funder alongside rising costs and loss making contracts.

Debt 84

Debt Profitability Residential Maine 84

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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?

Procurement

ENR Construction

APRIL 26, 2023

Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.

Agreement 69

Agreement Contractors 69

Construction Enquirer

APRIL 26, 2023

MANCHESTER-based developer Capital&Centric has launched a hunt for a main contractor to deliver the £34m restoration of one of the city’s oldest Victorian mills. Updated plans for Talbot Mill in Castlefield have been approved by Manchester City Council and now the team are looking to speak to contractors, with a view to work starting on site later this year.

Contractors 84

Contractors Maine Site Plans 84

ENR Construction

APRIL 26, 2023

Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.

Texas 68

Texas Agreement Contractors 68

Construction Enquirer

APRIL 26, 2023

The UK’s second largest privately owned house builder Hill Group is primed to take advantage of fresh market opportunities arising from a challenging housing market after building up a £132m cash chest. Andy Hill, group chief executive officer, said a steady performance last year, which saw it maintain record profit of £66m from revenue down 5% at £716m, positioned Hill to pursue further strategic investments to achieve its goal of doubling the size of its business by 2025.

Housing 79

Housing Banking Income Retail 79

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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.

Contractors

ENR Construction

APRIL 26, 2023

A report released following a fatal New York City parking garage collapse revealed dozens of garages in the city need immediate repair.

New York City 74

New York City New York 74

Construction Dive

APRIL 26, 2023

The embattled $1 billion project in Corpus Christi has seen numerous issues and delays.

Texas 82

Texas 82

ENR Construction

APRIL 26, 2023

The project will increase the storage capacity of the Folsom Lake Reservoir by 43,000 acre-feet providing additional flood protection for the greater Sacramento area.

Sacramento 64

Sacramento Contract 64

Construction Superintendent Magazine

APRIL 26, 2023

Turner Construction Company has released its First Quarter 2023 Turner Building Cost Index — which measures costs in the nonresidential building construction market in the United States — had increased to the value of 1349. This represents a 1.28% quarterly increase from the fourth quarter 2022 and a 7.49% yearly increase from the first quarter 2022.

United States 52

United States Materials Products Construction 52

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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!

Contractors

ENR Construction

APRIL 26, 2023

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.

Materials 64

Materials Construction 64

Fieldwire

APRIL 26, 2023

With so many moving parts onsite, ensuring all the proper safety procedures are being taken can be a challenge for construction contractors. However, following safety protocols isn’t optional. A single violation can cost up to $15,625 and a repeatable violation could cost up to $156,259. In order to avoid these costly mistakes and ensure employees’ health and safety, we’ll give you a breakdown of the five most common violations in construction and how you can avoid them.

Safety 98

Safety Construction Risk Schedule 98

ENR Construction

APRIL 26, 2023

Building trades celebrated pro-labor policies of Biden administration at their annual legislative conference.

Bidding 74

Bidding Conference 74

BD+C

APRIL 26, 2023

Announcing Our New Website! 1 kcichowicz Wed, 04/26/2023 - 10:25 SAFTI FIRST After months of hard work, we are excited to share the launch of our newly redesigned website, safti.com ! The new website has a much improved modern design with easy navigation and user experience, faster speed, updated product and resource pages, engaging graphics and video, and much more.

Products 97

Products Innovation US Visualization 97

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Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!

Construction

ENR Construction

APRIL 26, 2023

ACEC calls for changes in H-1B visa program, as well as adjustments to some reporting requirements for foreign workers.

ACEC 69

ACEC Engineering 69

ENR Construction

APRIL 26, 2023

Prosecutors say the man charged Detroit $1.1 million for contaminated fill he had obtained for free.

Detroit 73

Detroit Contractors 73

ENR Construction

APRIL 26, 2023

Project news from Dodge Data & Analytics for the Southwest region.

News 68

News 68