Mon.May 22, 2023

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Researcher secures $174K grant to study ‘psychological safety’ in construction

Construction Dive

Hongtao Dang of Washington State University will develop a training program to engender jobsite cultures where workers feel comfortable speaking out.

Security 137
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The Role of Economic Development Agencies for Business Prosperity

Wolgast Corporation

In the modern world, Economic Development Agencies (EDAs) are playing a critical role in helping cities, states, and even countries reach their economic potential. Economic growth is what makes communities thrive by expanding a tax base and offering a quality of life for residents through employment, commerce, infrastructure, and entertainment. Business owners can benefit from EDA services and incentives to expand or start their business.

Michigan 117
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AGC California, Teichert hold mental health stand down

Construction Dive

May is Mental Health Awarness Month. Construction has the second highest rate of suicide among all U.S. industries, according to the Centers for Disease Control and Prevention.

AGC 127
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Balfour wins £42m Little Horsted substation contract

Construction Enquirer

Balfour Beatty has secured a £42m contract from National Grid to construct the Little Horsted Substation Grid Supply Point in East Sussex. The two-year contract will see Balfour Beatty design and build a new 400 kilovolt substation as well as two new terminal towers which will support electrical conductors transmitting high-voltage electricity to the Little Horsted Substation Grid Supply Point.

Contract 113
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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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2023 High Growth Study shares tips for finding success in uncertain times

BD+C

2023 High Growth Study shares tips for finding success in uncertain times 0 qpurcell Mon, 05/22/2023 - 12:10 Industry Research Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study. Lee Frederiksen, Ph.D. Building Team Industry Research Market Data There’s no escaping it. We are in an age of uncertainty.

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London office revamps rise to all-time high

Construction Enquirer

London has seen a record volume of office refurbishment starts in the six months to March. According to Deloitte’s Summer 2023 London Office Crane Survey the race to avoid stranded assets has seen 37 office refurbishments start covering 3.2m sq ft. This increase has been driven by a need to reach the anticipated Minimum Energy Efficiency Standard (MEES) regulations to achieve Energy Performance Certificate (EPC) B rating by 2030.

Office 96
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Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae

Construction Dive

The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.

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Contractor collapse causes losses at Watkin Jones

Construction Enquirer

Watkin Jones suffered a loss in the six months to March 31 2023 as its balance sheet was hit by the collapse of the main contractor on a scheme in Exeter and the cost of making 10% of staff redundant. Half year results for the build-to-rent specialist show a pre-tax loss of £800,000 compared to £16.6m last time as turnover dropped to £153.9m from £193m.

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Wendy Cohen named CEO of Kitchell

Construction Dive

The 73-year-old firm builds, manages and develops projects in Texas, California and Arizona.

Arizona 120
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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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Skanska gets start date for delayed £507m A428 dualling job

Construction Enquirer

National Highways has given contractor Skanska a start date for the delayed A428 Black Cat dualling job after legal proceedings against the scheme came to an end. Last week the Court of Appeal refused climate campaign group Transport Action Network’s final available legal challenge to planning consent for the 19km dualling job from the A1 Black Cat roundabout in Bedfordshire to the A428 Caxton Gibbet in Cambridgeshire.

Legal 92
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Ex-New York Building Trades Chief Sentenced in Bribe Scheme

ENR Construction

James Cahill will serve 51 months in a New York medium-security federal prison for accepting more than $140,000 in cash plus other benefits to help a non-union contractor win jobs.

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T&T strengthens UK team with new MDs

Construction Enquirer

Turner & Townsend has strengthened its senior team across the UK, with a trio of promotions to support future growth and ambitions. The UK senior leadership shake-up will see James Corrigan promoted to UK managing director of Infrastructure. Before he headed up the Programme Advisory division in the UK, which under his leadership grew from a team of 40 to 130, focussing on the effective set up of major projects and programmes.

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How PCL Construction is building a sustainable water future across the United States

Construction Dive

PCL Construction leads the way in tackling water scarcity and contamination.

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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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VolkerStevin seals deal to start Sunderland footbridge

Construction Enquirer

VolkerStevin has agreed terms to deliver Sunderland’s £31m ‘smart pedestrian and cycle bridge’ project crossing the Wear. Work will now start within weeks on the high-level crossing, which will connect both sides of the Wear at Riverside Sunderland. It will be fitted with creative lighting and augmented reality, allowing people to use their smartphones to see virtual displays that council bosses say will create ‘an experience that will really bring to life the city’s digital ambitions’.

Deals 77
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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

This blog is intended for small business owners who are looking to grow their business. Have you had a net worth under $15M and an average net income less than $5M for the past 2 years? Do you own your building or want to own your building? Are you still with me? If so, there’s a less risky way to fund your business growth, and the best part is that it’s meant to keep capital in your business so that you can support economic growth in your community.

Banking 62
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Barratt board requests chairman John Allan resigns

Construction Enquirer

Barratt chairman John Allan is to step down early at the end of next month, following allegations of inappropriate behaviour at his other chairmanship with retailer Tesco. This morning Barratt confirmed that Allan would be replaced by Caroline Silver Chair designate with effect from 1 June rather than September as originally planned. Allan is understood to have decided to leave prematurely at the request of the board which decided it was in the best interests of Barratt to accelerate the planned

Retail 71
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Ex-NY Building Trades Council Head Sentenced in Bribe Scheme

ENR Construction

James Cahill will serve 51 months in a New York medium-security federal prison for accepting more than $140,000 in cash plus other benefits to help a non-union contractor win jobs.

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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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In a Housing Market Ruled by Fluctuating Interest Rates, Timing Is Everything

Pro Builder

In a Housing Market Ruled by Fluctuating Interest Rates, Timing Is Everything ldeakins Mon, 05/22/2023 - 11:29 According to priced-out homebuyers, the most crucial factor in buying an affordably priced home in today's high-cost market isn't the home's size or location—it's timing Wild fluctuations in home prices and interest rates over the last several years have forced a growing share of prospective homebuyers to sit back and wait for market conditions to improve.

Housing 52
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SWCA Chosen 2023 Colorado Design Firm of the Year

ENR Construction

As renewable energy projects dot the region, SWCA Environmental Consultants sustainably integrates infrastructure into pristine environments.

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The Top 5 Hottest US Metros Are All Located in the South

Pro Builder

The Top 5 Hottest US Metros Are All Located in the South ldeakins Mon, 05/22/2023 - 11:36 Summer weather isn't the only thing heating up in the Sun Belt. According to a recent Bankrate report, the South is also home to the hottest real estate markets The housing market is cooling amid a sharp rise in interest rates, but some Sun Belt metros are still seeing red-hot home sales and strong demand from local buyers.

Metro 52
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Cushing Terrell Selected as 2023 Intermountain Design Firm of the Year

ENR Construction

The eye-catching architecture of the Parker Water & Sanitation building is punctuated by glass fiber reinforced concrete panels.

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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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How to Transform a Non-View Lot Into an Eye-Catching Home Site

Pro Builder

How to Transform a Non-View Lot Into an Eye-Catching Home Site ldeakins Mon, 05/22/2023 - 11:50 Not everyone can afford to pay a premium for sought-after view lots, but following these design tips can turn any basic yard into a charming outdoor living space View lots get the highest premiums not just because of their existing landscape and location, but also due to site-specific design elements that enhance those surroundings, says Housing Design Matters.

Site 52
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GFRC Panels Help Support Natural, Efficient Design

ENR Construction

The eye-catching architecture of the Parker Water & Sanitation building is punctuated by glass fiber reinforced concrete panels.

Design 72
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New in Autodesk Construction Cloud: 40+ Product Releases You Should Know in May

Autodesk Construction Cloud

The construction industry is always evolving. Keeping up with the changing landscape requires teams to constantly innovate and adapt. At Autodesk, we want to empower our customers with the right tools they need to embrace and excel in a changing environment. It’s the reason we are always adding more enhancements and new features across our products.

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Fort Worth Fire Dept. Rules Under-Construction Apartment Complex Fire Arson

ENR Construction

Arson caused a two-alarm fire that destroyed the wooden-framed 56-unit, $5.5-million apartment complex in the early stages of construction, the Fort Worth Fire Dept. ruled.

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Discover 7 Ways to Cut Construction Inefficiencies

Construction sites are often just-barely-controlled chaos. Without clear coordination, you risk everything from clashes to delays, cancellations, and missed deadlines. Get the free eBook & learn how to solve the biggest challenges in construction!

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The Desert Comfort Idea Home: a True Desert Oasis

Pro Builder

The Desert Comfort Idea Home: a True Desert Oasis ibush Mon, 05/22/2023 - 17:19 A challenging environment, ambitious building-performance goals, and modern aesthetics come together in a stunning, net zero custom home in Arizona's Sonoran Desert Andrew Hunt People who know the desert will tell you that an oasis is a trick of the eye, an illusion of a safe haven that, in fact, was never there.

IDEA 52
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UK Parliament Restoration Is 'Painfully Slow,' Report Finds

ENR Construction

Cost projections have run between $8 billion and $16 billion for the project to renovate the 1,100-room Victorian-era complex by the River Thames in London.

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Mortgage Rates Remain High, but Rate Stability Is Encouraging Buyers

Pro Builder

Mortgage Rates Remain High, but Rate Stability Is Encouraging Buyers ldeakins Mon, 05/22/2023 - 11:44 The 30-year, fixed-rate mortgage has been hovering under 6.5% APR for the last few weeks, and homebuyers are using that stability as an opportunity to buy Mortgage rates have remained within a 10-basis-point range over the last several weeks, averaging 6.39% last week, according to the National Association of Realtors.

Finance 52