Job Order Contracting
JANUARY 18, 2023
Validating FM decisions with verifiable cost data is critical, yet rarely practiced. While most facilities management professional are aware that detailed line-item cost data is required to achieve cost visibility and enable cost management, the dependence upon contractor or subcontractor estimates and/or historical data, and/or national average cost data and factoring remains the norm.
Construction Dive
JANUARY 18, 2023
Dive Brief: Las Vegas Sands, a Paradise, Nevada-based casino and resort company, announced plans to develop a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York, according to a company press release. The transaction, which still requires c.
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ENR Construction
JANUARY 18, 2023
AGC, ARTBA, ACEC, U.S. Chamber of Commerce, and other groups target the 2021 guidance document on how states should prioritize IIJA highway funding.
Construction Dive
JANUARY 18, 2023
The executive vice president of MAPP, a Baton Rouge, Louisiana-based contractor, expects a bright future for the Sun Belt but predicts office and industrial projects will take a hit this year.
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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.
ENR Construction
JANUARY 18, 2023
The $75-million Montgomery Whitewater project is set to complete in summer 2023, and developers see much more than kayakers in the Olympic-level waters.
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ENR Construction
JANUARY 18, 2023
Construction input prices fell in December at a greater rate than the Producer Price Index, but still outpaced the wholesale level marker of inflation for the year.
Construction Dive
JANUARY 18, 2023
Executives from Skanska, DPR, Suffolk and others see unique characteristics in an economic slowdown this year.
ENR Construction
JANUARY 18, 2023
The $75-million Montgomery Whitewater project is set to complete in summer 2023, and developers see much more than kayakers in the Olympic-level waters.
Construction Dive
JANUARY 18, 2023
Diverge provides a platform to nurture startups that aim to solve the problems of today and tomorrow.
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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.
ENR Construction
JANUARY 18, 2023
California officials begin assessing the damage from a series of severe storms that have inundated the state over the past three weeks.
Construction Dive
JANUARY 18, 2023
Webcor Timber is looking to capitalize on a growing industry, an executive at the California contractor said.
Constructlaw
JANUARY 18, 2023
Hanuman Chalisa, LLC v. BoMar Contr., Inc., 2022-Ohio-1111, 187 N.E.3d 1108 (Ct. App.). Hanuman Chalisa LLC (owner) contracted BoMar Contracting, Inc. (BoMar) to construct a hotel in Columbus, OH. The contract consisted of the AIA A101-2007 and AIA A201-2007. The owner later terminated BoMar, alleging deficiencies in BoMar’s work. The parties disputed whether the owner terminated the contract “for cause” or “for convenience.”.
Construction Dive
JANUARY 18, 2023
Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.
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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?
Construction Superintendent Magazine
JANUARY 18, 2023
While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according to a new report from the American Institute of Architects. Despite macroeconomic headwinds such as inflation, rising interest rates and weak consumer sentiment scores, the AIA’s Consensus Construction Forecast panel is projecting nonresidential construction spending to grow 5.8% in 2023 but slow to under 1% in 2024.
Pro Builder
JANUARY 18, 2023
Despite a Worsening Water Shortage, Developers Are Mapping Out New Projects in Phoenix Desert. ldeakins. Wed, 01/18/2023 - 11:09. Arizona's water supply is rapidly disappearing, but that's not stopping new developers from taking over the dry West Valley of Phoenix. Developers planning to build new housing in the desert west of Phoenix are running out of groundwater needed to move projects forward in the midst of a megadrought affecting dry regions across the Western U.S.
ENR Construction
JANUARY 18, 2023
The U.S. Green Building Council ranked states based on LEED-certified gross square footage per capita in 2022. .
Pro Builder
JANUARY 18, 2023
Experts Say This Housing Recession Will Look Far Different From the Last One—Here’s Why. ldeakins. Wed, 01/18/2023 - 11:15. The housing market is reaching its tipping point ahead of what experts say is a "more-than-likely" 2023 recession, but today's homebuying conditions are far different from the state of the market leading up to the Great Recession.
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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.
ENR Construction
JANUARY 18, 2023
Bid protest by losing firm SLSCO Ltd. was upheld by federal claims court judge, but Naval Facilities Engineering Command response to further contract execution remains unclear. .
Pro Builder
JANUARY 18, 2023
As Interest Rates Fall, Mortgage Demand Jumps 28% In One Week. ldeakins. Wed, 01/18/2023 - 11:21. Interest rates are down to their lowest level since September, and that slight improvement in housing affordability is motivating buyers to make a hasty return to the for-sale market. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $726,200 or less fell from 6.42% to 6.23% last week, with points falling to 0.67 from 0.73 for loans with a 20% down
Contractor Magazine
JANUARY 18, 2023
Enhanced coated cast iron soil pipe products offer all the benefits of traditional cast iron while negating the major drawback of cast iron in aggressive applications: corrosion.
ENR Construction
JANUARY 18, 2023
Bid protest by losing firm SLSCO Ltd. was upheld by federal claims court judge, but Naval Facilities Engineering Command response to further contract execution remains unclear. .
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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!
Pro Builder
JANUARY 18, 2023
Builder Confidence Increases for First Time in 12 Months as Mortgage Rates Fall. ldeakins. Wed, 01/18/2023 - 11:04. A slight drop in mortgage rates caused builder confidence to rise in January after 12 consecutive monthly declines. After 12 straight monthly declines, builder confidence in the market for newly built single-family homes rose four points in January to 35, signaling a possible rebound for home building in 2023, the National Association of Home Builders' Eye on Housing reports.
ENR Construction
JANUARY 18, 2023
The U.S. Green Building Council ranked states based on LEED-certified gross square footage per capita in 2022. .
Construction Specifier
JANUARY 18, 2023
Photos by Christian De Araujo. By Kevin Franz, AIA, BECxP, CxA+BE, LEED AP BD+C, CSI, CDT. Think about a new manufacturing facility in the exurbs, a high-rise apartment tower in a bustling city, or an office complex in the suburbs. The team responsible for bringing any building to life faces increased pressure to deliver on energy efficiency and design innovation.
NH Construction Law
JANUARY 18, 2023
In New Hampshire, an owner generally owes no duty to subcontractors to see that they get paid. A few years back I blogged ( #19 ) that RSA 447:8 might be an exception to this general rule, imposing a trust in favor of subcontractors on money that an owner owes to a general contractor if the proper notices are given by the subcontractors. And this month, a court has finally agreed.
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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!
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