Wed.Aug 01, 2018

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Grow Your Business with Cold-Weather Services

Construction Business Owner

For many businesses in locations with moderate climates, winter is a season that brings fewer jobs and contracts. But it doesn’t have to be that way. Construction companies across the continent have started to discover that this perceived offseason holds a different set of opportunities. Some business owners have found that cold-weather services—like snow and ice removal—help maintain consistent cash flow throughout the year.

Cash Flow 267
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Will We See More Seismic Retrofitting in the Construction Industry?

Viewpoint Construction Technology

Here in Portland, Ore., where Viewpoint headquarters is located, retrofitting buildings for earthquakes is a big topic of conversation — even if building owners aren’t yet scrambling to implement upgrades. If you don’t live on the West Coast, earthquakes probably aren’t exactly top of mind. But even if that’s the case, you’ve likely heard something about the impending “Big One” that The New Yorker reported on in 2015 which is expected to cause significant damage in the Pacific Northwest.

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5 Ways to Stop Your Company’s Money Leaks & Blockages

Construction Business Owner

Imagine your company as a funnel with a shut-off valve controlling the flow of profit output. A steady flow of sales volume enters the funnel in the form of revenue. The funnel absorbs and reduces the profit output by paying invoices for job costs and overhead expenses. In addition, leaks cause some money to flow out of the funnel. The leftover flow is net profit cash exiting the end of the funnel into your equity account.

Equity 246
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Construction technology startups set to transform the industry

Lets Build

Global construction is expected to reach a total value of $10 trillion in 2020. This number shows the great potential that the sector holds. It is no coincidence that construction technology startups and venture capitalists are lately investing heavily in the industry. The new report on the state of construction technology, published by JLL, proves.

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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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What Causes the Failure of a Business

Construction Business Owner

Revenue is booming, and times are swell for many construction organizations. What could possibly go wrong? Many leaders in the industry believe that the most challenging aspect businesses face currently is the availability of personnel. However, this cycle has played out several times before, and the conclusion is always the same: Undisciplined management and a lack of good strategy lead to failure.

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Constructing a Plan for Hurricane Preparedness

Construction Business Owner

Summer is in full swing, and, for some parts of the country, that means hurricane season is too. If there is anything to be learned from the damage wrought by last year’s Hurricanes Harvey, Maria and Irma, it’s that having a thorough action plan is paramount. And who better to talk to than Senior Superintendent Tim Ham, who manages field-related aspects of Hoar Construction’s various commercial projects in Central Florida.

Plans 214
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Building for now. and the future

BD+C

When planning a new building, one of the first decisions made is size. Assuming the land is available, most owners will ask themselves how much space do I really need? But, perhaps the right question is, how much space do I need now, and how much will I need in the future?

Plans 80
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Ending Downtime with Telematics

Construction Business Owner

For business owners within the construction industry, one always challenging undertaking is that of finding the best way to manage your machine inventory. Whether you own a few machines or a few hundred, it is important to have a system in place that allows you to know as much as possible about each of your machines on a daily basis because—as we all know—time is money.

Inventory 149
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How AI can drive the most value for construction

Construction Dive

Despite the industry's reluctance towards artificial intelligence, experts said it can help companies expedite early processes, create the best plans for a given project and identify if a project is going awry.

Plans 69
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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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How Has Your Leadership Developed in Managing New Generations?

Construction Business Owner

Scott Julian. Chief Operations Officer. Lewis Builders Inc.

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Willis Tower upgrades antenna lighting

BD+C

The Willis Tower recently received an upgrade to its antenna lighting that allows one person to use a smartphone or computer to change the lighting color in a matter of seconds.

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Tech still not on minds of many CEOs, survey shows

Construction Dive

Construction executives' bearish take on technology will continue in the coming year, according to Vistage's Q2 2018 CEO Confidence Index Survey.

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'Home away from home' is hoteliers' newest theme

BD+C

Global travel spending hit $1.6 trillion last year. That spending feeds the hotel industry. Last year, the U.S. alone opened 975 properties with 116,838 rooms, had 1,544 hotels with 200,632 rooms under construction, and another 1,506 hotels with 177,849 rooms in early planning stages, as estimated by Lodging Econometrics. “Economic fundamentals appear strong enough to support tempered growth in the hotel space without any additional stimulus,” says Scott Lee, AIA, LEED AP, President and Principa

AIA 64
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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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Crystal Lagoon plans for $1B Texas development dry up

Construction Dive

Developers said the much anticipated 8-acre lagoon feature was not compatible with their goal of filling almost 2 million square feet of office space.

Texas 61
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Content marketing: The right (and wrong) way to go about it

Construction Marketing Ideas

There is an adage: “Content is king” — increasingly because of the way Google prioritizes materials, and also in the way potential clients build confidence and trust in your business (brand). If your website and social media have great, relevant content that is truly useful, you’ll attract more business, at a cost far lower than […].

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Though underway, $77B California bullet train still threatened

Construction Dive

Rail officials may be rushing the beleaguered Los Angeles-to-San Francisco line, which could end up costing $100 billion, to prevent possible upcoming government transitions from shutting down the project.

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U.S. hotel construction pipeline continues moderate growth year-over-year

BD+C

At the end of the second quarter, analysts at Lodging Econometrics (LE) report that the total U.S. construction pipeline stands at 5,312 projects/634,501 rooms, up 7% from 2017’s 4,973 projects/598,371 rooms. The pipeline has been growing moderately and incrementally each quarter and should continue its upward growth trend as long as the economy remains strong.

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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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Tech Toys: Geopipe gets Cemex nod, Leica breaks ground with utility detector, new tools emerge

Construction Dive

Geopipe's AI tools won Cemex Ventures' attention, Leica Geosytems launched a utility locator with cloud-based integration and more digital solutions were announced.

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U.S. construction pipeline continues moderate growth year-over-year

BD+C

At the end of the second quarter, analysts at Lodging Econometrics (LE) report that the total U.S. construction pipeline stands at 5,312 projects/634,501 rooms, up 7% from 2017’s 4,973 projects/598,371 rooms. The pipeline has been growing moderately and incrementally each quarter and should continue its upward growth trend as long as the economy remains strong.

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$77B California bullet train under construction could still be killed

Construction Dive

Rail officials may be rushing the beleaguered Los Angeles-to-San Francisco line, which could end up costing $100 billion, to prevent a gubernatorial candidate from shutting down the project if elected this fall.

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Intersect Illinois – Where Your Business Meets Success

Business Facilities

The 17th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent. Learn more at intersectillinois.org. - Read: Intersect Illinois – Where Your Business Meets Success at BusinessFacilities.com.

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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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Appeals court: Subcontractor doesn't need to conduct investigation for 'justifiable reliance'

Construction Dive

The appeals court found that an electrical subcontractor did not need to conduct its own investigation to verify the general contractor's representations.

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New HUD Rule Requires ICC-Certified Inspectors

Contractor Magazine

Rule recognizes the ICC certification program for its scale and dependability.

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Startup makes 'digital twin' of project activity with cameras, AI

Construction Dive

?Indus.ai recently raised $3.7 million to further develop its machine-learning camera solution used on jobsites of players such as Skanska USA.

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Editor’s Picks: Incentives

Business Facilities

Locations are crafting incentives that target specific growth sectors, provide support for entrepreneurs and attract projects, promising a bevy of high-wage, high-tech new jobs. - Read: Editor’s Picks: Incentives at BusinessFacilities.com.

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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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WSP to buy Louis Berger for $400M

Construction Dive

The acquisition will be a merging of international giants in the engineering professional services field.

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Outdoor construction: Community assets we’re proud to hang our hard hats on

The Korte Company

From large community parks to tiny green spaces, successful modern outdoor spaces seamlessly integrate with their surroundings and are accessible, welcoming environments—just like any other structure should be. The days of assembling a few picnic tables in an open lawn and calling it a “park” are behind us. Below, we explore a few outdoor construction projects we’ve completed that demonstrate how thoughtful outdoor construction can change communities for the better.

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Workwear is Designed for Women, Not Men’s Sizes Shrunk Down

Contractor Magazine

Company formed by entrepreneur who realized lack of properly-fitting workwear for women, while working to clean up after Hurricane Harvey.

Design 40