Life Cycle Cost: Category, Costing Technique, and Application
The Constructor
APRIL 11, 2022
Life cycle cost (LCC) is defined as the cost of an asset or its parts throughout its life cycle while fulfilling the required performance. Whole life.
Mon.Apr 11, 2022
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Five Causes of Construction Rework and How to Avoid Them
Fieldwire
APRIL 11, 2022
Rework is a word no one wants to hear on a construction project. It typically means some portion of work has to be redone to fix a problem, often with adverse schedule and cost impacts. According to research published by the Construction Industry Institute (CII) in 2011, rework costs can range from 2 to 20 percent of a typical project’s contract value.
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Increasing transparency for Copenhagen Metro with Autodesk’s Construction Cloud
Autodesk Construction Cloud
APRIL 11, 2022
Copenhagen’s Metro , with as little as two minutes between driverless trains and a high reliability, has been voted the best metro in the world on numerous occasions. The Metro is a sustainable, fast and safe way to get around Copenhagen, and daily about 360,000 passengers travel with it. Since opening in 2002, over 1 billion passengers have travelled in the city by Metro. .
Foreign Direct Investment: A Foreign Affair
Business Facilities
APRIL 11, 2022
States are vying to attract foreign direct investment funds as cross border investments pump much needed funds into local economies.
Leading the Way in Construction EHS Software
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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.
Transportation World Eyes Benefits of Progressive Design-Build
ENR Construction
APRIL 11, 2022
With an unprecedented amount of federal aid anticipated for highway, bridge and transit projects, the transportation industry is also starting to move further toward progressive design-build.
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Ongoing Financial Dispute Stalls $800M Carolina Panthers Project
ENR Construction
APRIL 11, 2022
The NFL team's owner claims the city of Rock Hill, S.C., failed to make a promised payment for site infrastructure construction.
Six Tips for Billing So You Can Stay Cash Positive
Jobsite with Procore
APRIL 11, 2022
Specialty contractors have bigger challenges with cash flow than many other construction project participants; they are close to dead last in the payment line, and their work progress is easily affected by others.
WVDOT Achieves Peak Project Performance
ENR Construction
APRIL 11, 2022
ENR MidAtlantic’s Owner of the Year uses $2.8-billion construction program to boost state’s transportation system.
How Specialty Construction Companies Can Get Paid Faster
Jobsite with Procore
APRIL 11, 2022
Even in an industry where payment problems are acknowledged and visible, most invoices or pay apps end up getting paid. It’s easy to lament the problems associated with payment in the construction industry.
Optimize Operational Processes With an Industry-Specific ERP
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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.
Concrete Drivers Strike Ends in Seattle Without Contract Resolution
ENR Construction
APRIL 11, 2022
Over 300 concrete delivery drivers and support staff returned to work on Monday in Seattle without a new contract in hand, an unconditional end to a strike that lasted nearly five months.
The Six Steps You Need To Take To Break Your Spreadsheet Dependence
Jobsite with Procore
APRIL 11, 2022
As a specialty contractor, you have likely relied on Excel for a long time. It’s in every aspect of your business. You use spreadsheets for accounting, estimating, labor planning, logistics planning, and project management. It is so well entrenched in your business that the thought of moving on seems too frightening, risky, and borderline impossible. .
Rising Mortgage Rates Are Putting a Damper on Second-Home Demand
Pro Builder
APRIL 11, 2022
Rising Mortgage Rates Are Putting a Damper on Second-Home Demand. ldeakins. Mon, 04/11/2022 - 09:59. Buyers are backing out of a booming second-home market following the latest round of mortgage rate increases. Demand for vacation homes fell sharply for the second month in a row during March, and mortgage-rate locks for second-homes also dropped to their lowest level since May 2020, Redfin reports.
Seattle Concrete Drivers Strike Ends Without Contract Resolution
ENR Construction
APRIL 11, 2022
More than 300 concrete delivery drivers and support staff returned to work on April 11, ending walkout that lasted nearly five months and impacted major projects.
The Ultimate Procurement Software Buyer’s Guide
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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?
The Highest Paid Construction Occupations in 2021
Pro Builder
APRIL 11, 2022
The Highest Paid Construction Occupations in 2021. ldeakins. Mon, 04/11/2022 - 10:06. From company CEOs to hands-on trade workers, these are the highest paid construction positions of 2021. The highest paid construction occupation is Chief Executive Officer (CEO) with half of all CEOs making over $162,390 per year, followed by construction lawyers with median wages of $152,650, according to NAHB Eye on Housing.
Region's 2021 Project Starts Show Decline is Slowing
ENR Construction
APRIL 11, 2022
After falling 25.6% from 2019 to 2020, the overall value of the largest projects to break ground 2021 is down 17.2% from the prior year.
Homebuyers in the Worst Position Since 2007, Experts Say
Pro Builder
APRIL 11, 2022
Homebuyers in the Worst Position Since 2007, Experts Say. ldeakins. Mon, 04/11/2022 - 10:09. Prospective buyers entering the housing market are finding supercharged prices, inadequate supply, and an affordability crisis worsened by rising mortgage rates. As record low mortgage rates gradually return to pre-pandemic levels, buyers are feeling the sting of soaring home prices, which rose 32.6% nationwide over the past two years.
New Federal Building Energy-Use Rules Could Save $15B Over 30 Years
ENR Construction
APRIL 11, 2022
The rule is designed to have an impact on energy use and operating costs of new and retrofitted federal buildings.
Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business
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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.
Adjust it. Hold it. Install it. By Yourself.
Pro Builder
APRIL 11, 2022
Adjust it. Hold it. Install it. By Yourself. kcichowicz. Mon, 04/11/2022 - 08:34. Working with heavy objects is a challenge especially when you work alone. The AirShim enables you to shift, plumb, level and align little and big objects like windows, doors, cabinets, and more for precise installations by yourself. It holds up to 300 lbs., slides into 3/32” spaces and expands up to 2 ½” high.
Biden Launches Infrastructure Act Rural Impact Campaign
ENR Construction
APRIL 11, 2022
White House infrastructure implementation coordinator Mitch Landrieu says IIJA has $14.6 billion in "rural-specific programs.".
Metro Residents Voice Support for ADUs, Duplexes, and Triplexes in Residential Neighborhoods
Pro Builder
APRIL 11, 2022
Metro Residents Voice Support for ADUs, Duplexes, and Triplexes in Residential Neighborhoods. ldeakins. Mon, 04/11/2022 - 10:02. Renters and homeowners in most major U.S. metros are in favor of modest densification measures to create more affordable housing. As soaring rents and home values exacerbate an affordability crisis across the U.S., renters and homeowners largely support modest densification measures including the construction of accessory dwelling units, duplexes, and triplexes in resi
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