Mon.Jun 04, 2018

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How Construction Companies Can Benefit from Tax Reform

Construction Business Owner

While the Tax Cuts and Jobs Act of 2017 (TCJA) will have a significant impact on all businesses, construction companies in particular are in a strong position to benefit from the recently passed federal reforms. Business owners in this highly competitive industry need to be proactive by strategically planning how to address the project cycles, cash flow, financing, bonding and operational issues unique to their company.

Cash Flow 176
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Priority vs. Value: What Is Safety To You?

FDR Safety

There are plenty of cliché sayings in the world of safety. Few are as popular as the phrase “Your Safety is Our Top Priority”. This and those like it are used by companies for a variety of reasons; Some have the best intentions – to show their employees that they care about their well-being – while others use simply to portray their desire for a safe workplace.

Safety 136
professionals

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London to build 10,000 council homes by 2022

Lets Build

The Mayor of London, Sadiq Khan, introduced a few days ago his plan to build 10,000 new council homes in the next four years. The project is expected to provide significant help to council authorities in their effort for affordable social housing. The rent benchmark for these houses is expected to be set between £150-£194.

Housing 134
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Texas officials investigating significant cracks in $70M high school football stadium

Construction Dive

Manhattan Construction Co. and Stantec Architecture told a school board they are working to determine the cause while work is still underway.

Texas 84
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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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Existing Building Upgrade Award

SAB Magazine

The retention and rehabilitation of existing buildings, particularly in the centre of small cities such as this, addresses sustainability issues of embodied energy as well as social and cultural continuity.

More Trending

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AGC: Construction employment up in more than 250 metros

Construction Dive

Yet contractors report that it is still difficult to find qualified skilled workers.

AGC 98
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Nonresidential construction remains unchanged in April

BD+C

Nonresidential construction spending remained unchanged in April on a monthly basis, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. However, year-over-year spending was up a sturdy 6.1%. Private sector spending increased 0.8% on a monthly basis and is up 5.3% from a year ago. Public sector spending fell 1.4% in April, but is up 7.3% year over year.

ABC 68
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Institutional [Large] Award

SAB Magazine

This project is notable for its planning, with a six-storey atrium that functions not only as a light and ventilation well, but also as a social incubator that reinforces the academic program.

Plans 67
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Pop-up retail market on Chicago’s Randolph Street will be made of repurposed shipping containers

BD+C

In not too long, a vacant site at 725 W. Randolph St. in Chicago will be home to a 58-story mixed-use tower that will include 370 apartments and a 165-room hotel.

Chicago 68
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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 Spending Sees Biggest Gain In 2 Years

Construction Equipment

The Commerce Department has released April's construction spending data showing a surge of 1.8 percent, the largest increase since January 2016, after an unrevised 1.7 percent decline in March. Total Construction Construction spending during April 2018 was estimated at a seasonally adjusted annual rate of $1,310.4 billion, 1.8 percent above the revised March estimate of $1,286.8 billion.

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L.A. must transition to cleaner energy, boost transit to reach sustainability goals

BD+C

In order to reach its ambitious greenhouse gas reduction goals , Los Angeles must transition to 100% renewable electricity and 45% passenger travel by transit and active transport (such as biking or walking) by 2050.

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Losing and winning in the search engine optimization game

Construction Marketing Ideas

A shock: When I checked this morning, I found constructionmarketingideas.com, which had for a while the number one spot on the Google search engine, had been displaced from page one of the search engine. This news is painful, and to some extent, economically very costly. A huge percentage of people inquiring into a topic make […].

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Mortensen to develop mixed-use district around its $250M Minnesota soccer arena

Construction Dive

The locally based contractor is already halfway through construction on Allianz Field, the future home of the Minnesota United FC soccer club.

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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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Denver Airport Breaks Ground on Gate Expansion Project

Construction Equipment

Denver International Airport's $1.5 billion gate expansion project is officially underway. Groundbreaking ceremonies heralded the beginning of a massive overhaul and upgrade at DEN that will allow what is not the fifth-busiest U.S. airport to keep up rapid growth. The project will add 39 new gates to the airport by spring 2021, increasing gate capacity 30 percent.

Denver 50
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$1.5B Denver airport expansion underway

Construction Dive

The project will increase gate capacity by 30% and add retail, food and other passenger amenities.

Denver 73
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Washington D.C.’s flattened skyline can be a virtue

BD+C

While some complain that Washington D.C.’s building height limit has resulted in lookalike, boxy buildings, an architecture critic views the restriction as a feature, not a bug.

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Tadano Acquires 15% of Manitex

Construction Equipment

Manitex International, Inc. , an international provider of truck and knuckle boom cranes, has announced the investment by Tadano, Ltd of approximately $32.7 million in Manitex through the purchase of 2,918,542 shares of the Company’s common stock.

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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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Entrepreneurs Start a Robotic Lawn Care Service

Green Industry Professionals

We've heard of an robot lawn mower, but a robotic lawn service is the first of its kind.

69
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Denver Airport Breaks Ground on Gate Expansion

Construction Equipment

Denver International Airport's $1.5 billion gate expansion project is officially underway. Groundbreaking ceremonies heralded the beginning of a massive overhaul and upgrade at DEN that will allow what is now the fifth-busiest U.S. airport to keep up rapid growth. The project will add 39 new gates to the airport by spring 2021, increasing gate capacity 30 percent.

Denver 48
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Northeast Should Make The Short List

Business Facilities

The Northeast region—including Rochester, NH—has a compelling message of great locations, great talent, and amazing innovation. - Read: Northeast Should Make The Short List at BusinessFacilities.com.

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U.S. Construction Spending Sees Biggest Gain In 2 Years

Construction Equipment

The Commerce Department has released April's construction spending data showing a surge of 1.8 percent, the largest increase since January 2016, after an unrevised 1.7 percent decline in March. Total Construction Construction spending during April 2018 was estimated at a seasonally adjusted annual rate of $1,310.4 billion, 1.8 percent above the revised March estimate of $1,286.8 billion.

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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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Republic Airways Creating Training Campus, Hundreds Of Jobs In Indiana

Business Facilities

The regional airline will establish a U.S.-based flight training academy in Indianapolis that will train hundreds of aviation professionals each year, and plans to create more than 600 jobs in Indiana by 2028. - Read: Republic Airways Creating Training Campus, Hundreds Of Jobs In Indiana at BusinessFacilities.com.

Indiana 40
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Basic differences between Development length and Lap Length

Construction Cost Estimating

Development length is treated as specific minimum length of the bar that is needed on either side of a point of maximum steel stress, so as to transmit the bar force to encompassing concrete through bond devoid of slip, so that the bar is not pulled out under tension. Hooks, bends, mechanical anchorages are applied to supplement. Lap length: When the steel is arranged in RC structure, if the necessary length of a bar is not suitably obtainable to produce a design length, then lapping is highly r

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Relationships Drive Rapid Organic Growth

ENR Construction

Hargrove & Associates Inc. is the region’s Design Firm of the Year, chosen for its organic growth and vibrant company culture.

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NY Thermal Recalls Boilers Due to Carbon Monoxide Hazard

Contractor Magazine

The grommet seal can reduce in size over time and dislodge during use, allowing the boiler to emit carbon monoxide.

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Report: Optimism for Construction Growth in the Next Year Remains High

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!

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Infrastructure and Resilience Projects Ahead

ENR Construction

Energy, industrial and transportation projects fuel solid growth for design firms across the Texas and Louisiana region.

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Uponor North America Announces Industry Association Appointments

Contractor Magazine

The company is committed to enhancing the professional development of its employees through participation in industry trade groups.

America 40
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Labor Shortages, H-2B Cap and Drugs are Cutting into Business

Green Industry Professionals

Ohio is added to the list of states with businesses suffering from labor shortages.

Ohio 51