Tue.May 02, 2023

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DOE Announces Six Finalists in Home Electrification Prize

Pro Builder

DOE Announces Six Finalists in Home Electrification Prize qpurcell Tue, 05/02/2023 - 09:20 Today, the U.S. Department of Energy (DOE) announced six finalists in the Equitable and Affordable Solutions to Electrification (EAS-E) Prize , which awards innovative solutions that advance electrification retrofits across various residential building types and geographies with $2.4 million in cash prizes and technical assistance.

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Get Paid Faster With Cash Flow Management

Construction Business Owner

Promote to rotator No Rotator Image Status of webinar Featured Thu, 05/25/2023 - 12:00 1 p.m. CDT Even with a strong backlog, not properly managing cash flow can be problematic for a contractor. Slow invoicing, unexpected expenses and late payments from customers can cause serious cash flow issues. Contractors who are disciplined in their management of contracts, billings, collections and report reviews are able to ensure that their business maintains a strong cash position.

Cash Flow 250
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The safety violations in construction’s most iconic photo

Construction Dive

For most safety experts, “Lunch Atop a Skyscraper” is cringe-inducing, though it also evokes feelings of pride. For Construction Safety Week, several of them chimed in on the history of the photo, its significance and the red flags that stood out to them.

Safety 150
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Plans in for £1.5bn London Liverpool Street station makeover

Construction Enquirer

A joint venture led by developer Sellar has submitted plans for a major overhaul of Liverpool Street station in London, which includes a massive overstation office scheme and hotel. The £1.5bn scheme has been designed by Herzog & de Meuron for the joint venture which included Network Rail and rail operator MTR. A proposed 16-storey block above the station concourse will comprise 6-floors for a new Andaz hotel with rooftop sky garden and swimming pool sitting above 10 floors of offices.

Plans 127
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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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Round Table: SIFs, data key to jobsite hazard detection

Construction Dive

Experts from Skanska, Shawmut, Turner, Balfour Beatty and Clark said planning, prevention and prediction are the present and future of jobsite safety.

Safety 136

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Homebuyers Are Becoming More Active as Affordability Improves

Pro Builder

Homebuyers Are Becoming More Active as Affordability Improves ldeakins Tue, 05/02/2023 - 11:31 Improvements in housing affordability expectations led to a more engaged buyer pool in the first quarter of 2023 Roughly 56% of homebuyers reported being actively engaged in the purchasing process during the first quarter of 2023, up from 46% a quarter earlier, NAHB Eye on Housing reports.

NAHB 97
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Atlas Building & Civil Engineering falls victim to housing slump

Construction Enquirer

Derby-based Atlas Building & Civil Engineering has become the latest groundwork and drainage specialist to fall victim to the house building slowdown. The firm, which operated across the Midlands, south Yorkshire and Lincolnshire, has ceased trading with the loss of around 40 jobs and filed for administration. Director Jamie Lord said: “The downturn in housing simply made it unsustainable to continue because all the work has dried up.” Atlas has been in business since 1998 predo

Housing 96
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Energy company aims to build $2.1B dam in Pennsylvania

Construction Dive

The 1,000-acre hydroelectric project on the Susquehanna River in York County has gotten pushback from residents.

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Downing plans 700-room London student and flats scheme

Construction Enquirer

Hybrid developer and contractor Downing has submitted plans for a near 700 purpose-built student accommodation scheme and a 91 private build to rent flats in North Acton, West London. Located on Victoria Road next to North Acton Tube station, the proposed development will replace the existing Holiday Inn Express which currently occupies the site. The 2,235 sq m proposed development would see two new towers built rising to 17 and 35-storeys and is the developer’s third student scheme to

Plans 95
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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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Bosch to invest $1.5B into California semiconductor plant

Construction Dive

The German company plans to acquire the assets of Roseville, California-based chipmaker TSI Semiconductors.

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RED wins Surrey care home rebuild

Construction Enquirer

RED Construction London will deliver phase one of The Sheppard Trust’s redevelopment of the Royal Cambridge Home in Surrey. As part of the £8m first phase, RED will carry out works to demolish around two-thirds of the existing buildings, replacing the section with a 32-bed care home. Architect PRP has designed the new care home located in East Molesey and operating as a not-for-profit facility.

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Considering Sprinkler Trade-offs?  

Safti First

In this Ask Tim episode, Tim Nass explains that before considering deluge sprinklers as a cost-saving alternative to fire resistive glazing used in 1 and 2 hour assemblies, there are some things architects and building owners should know. 1. Architects and building owners assume all costs and responsibilities when applying for AHJ approval. The use of deluge sprinklers with non-rated glass must first be approved by the AHJ.

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Suppliers owed £5.5m after M&E contractor fails

Construction Enquirer

Hundreds of subcontractors and suppliers were left holding £5.3m in unpaid invoices when M&E contractor Norstead went into administration in February. An update from administrator FRP advisory Trading has confirmed the scale of debts at the business. The same administrator is handling the fall-out from the failure of Norstead’s sister business Metnor which sank just days before owing its supply chain £10m.

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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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Blame it on the weather: Granite pegs Q1 loss, revenue dip to extreme storms

Construction Dive

Despite delays, the California contractor was able to boost its backlog to a record $5.1 billion and said its shift to smaller, lower risk projects was bearing fruit.

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Barratt build rates down 16% despite recent uptick in sales

Construction Enquirer

Britain’s biggest house builder Barratt has seen an uptick in sales in recent weeks raising hopes that the market is recovering from the lows experienced at the end of last year. But despite signs of improved sales during the Spring selling season, total forward sales in mid-April were still 29% down year on year. In a trading update this morning, Barratt revealed, construction activity has been adjusted to the slower trading backdrop with 303 equivalent homes built per average week, 16% d

Housing 82
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Tutor Perini Subsidiary Lands $222M Pacific Island Airport Contract

ENR Construction

The improvements to the airport on Tinian Island are part of the U.S. Navy's ongoing infrastructure improvements in the Pacific region.

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Winners unveiled for £1bn refurb framework

Construction Enquirer

Procurement provider Pagabo has revealed the 93 suppliers appointed to its £1bn refit and refurbishment framework which goes live today. The latest version of the deal sees new contractors on board including John Sisk & Son, Stepnell and Tilbury Douglas while more than two thirds of winners are SMEs. Jason Stapley, chief procurement officer at Pagabo and its parent organisation The 55 Group, said: “The big increase in suppliers is down to a higher level of SME appointment than the original f

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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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Homebuyers Are Bouncing Back, but Hesitant Sellers Are Leaving Them With Few Options

Pro Builder

Homebuyers Are Bouncing Back, but Hesitant Sellers Are Leaving Them With Few Options ldeakins Tue, 05/02/2023 - 10:42 Homeowners with ultra-low mortgages are opting not to sell, and in the meantime, eager buyers are left with limited options Mortgage applications were up 10% in March from the month before despite elevated borrowing costs and still-high home prices, but an uptick in buyer demand isn’t translating to increased sales.

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Kier restructures infrastructure division

Construction Enquirer

Kier is restructuring its Infrastructure Services division with the current three business streams set to become two. From July 1 the current Highways, Utilities and Infrastructure operations will become Transportation and Natural Resources and Nuclear & Networks. Transportation will consolidate Kier’s design, build and maintenance work for its existing highways maintenance and major projects business, as well as becoming responsible for its broader rail, airports infrastructure and po

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Homes in These Pandemic Boomtowns Cost Less Now Than They Would Have a Year Ago

Pro Builder

Homes in These Pandemic Boomtowns Cost Less Now Than They Would Have a Year Ago ldeakins Tue, 05/02/2023 - 10:52 For-sale homes in these metro areas are more affordable now than they would have been if they were listed one year ago Nationwide, 7.1% of all for-sale homes have lower estimated monthly housing payments than they would have if they had been for sale a year ago, and that share is far higher in pandemic boomtowns and expensive coastal markets.

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Removing ‘dead hand’ of the Treasury could spur growth

Construction Law

To even the most casual observer of the UK’s public sector procurement performance it must be obvious that something, or more probably things, is seriously wrong. The stop-start approach to bringing HS2 into Central London at Euston station on cost grounds, even though government ministers admit that this will lead to greater long run costs, is not untypical.

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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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What Are Housing Experts Predicting for the Summer Real Estate Market?

Pro Builder

What Are Housing Experts Predicting for the Summer Real Estate Market? ldeakins Tue, 05/02/2023 - 10:57 The spring homebuying season is off to a slow start, and housing experts are divided about where the market is headed next The spring season is notoriously one of the busiest times of the year for the housing market, but after a lukewarm start to spring home sales, experts are split on where the market is headed next.

Housing 52
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First soccer-only stadium in New York City to boost economy

Construction Today

Approximately $780 million will be spent on New York’s first football-specific stadium. New York City Football Club (NYCFC) has selected HOK as the architect, and Turner Construction Company as the general contractor to design and build the stadium. NYCFC is confident that HOK and Turner will successfully deliver the Club’s vision for a 25,000-seat stadium that will become a community resource.

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Household Formation Is Slowing, and Rent Growth Is Following Closely Behind

Pro Builder

Household Formation Is Slowing, and Rent Growth Is Following Closely Behind ldeakins Tue, 05/02/2023 - 11:45 Rents are decelerating nationwide as household formation slows and fresh supply hits the market Apartment List’s national rent index increased by 0.5% over the course of April, the third straight monthly increase in rent prices, but a slight slowdown from March.

Housing 52
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Holcim Building Envelope named one of the greatest workplaces for diversity and women in the US

Construction Today

Holcim Building Envelope was recently awarded the title of America’s Greatest Workplaces for Diversity in 2023 and America’s Greatest Workplaces for Women 2023 by Newsweek. The rankings are based on publicly available data, interviews with HR professionals, and an anonymous online survey of a diverse pool of employees at companies with over 1000 employees in the US.

US 52
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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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Debunking 6 Myths About the Market Feasibility of Office-to-Residential Conversion

Pro Builder

Debunking 6 Myths About the Market Feasibility of Office-to-Residential Conversion ibush Tue, 05/02/2023 - 17:45 While vacant office space can be repurposed into housing that cities currently desperately need, there are a variety of myths and realities associated with doing so With the pandemic-induced shift to remote work, not to mention the fact that office demand will probably never fully return to pre-pandemic levels, demand for office space real estate has plummeted across the U.S., particu

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Bentley Systems teams up with Cupix to be powered by iTwin program

Construction Today

A global spatial digital twin platform that provides visualization and analytics has announced the addition of its leading product, CupixWorks, to Bentley Systems’ powered by iTwin program. CupixWorks is a state-of-the-art 3D digital twin platform that enables decision-making and collaboration through all stages of a building’s life cycle.

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Homebuyers Are Bouncing Back, but Hesitant Sellers Are Leaving Them With Few Options

Pro Builder

Homebuyers Are Bouncing Back, but Hesitant Sellers Are Leaving Them With Few Options ldeakins Tue, 05/02/2023 - 10:42 Homeowners with ultra-low mortgages are opting not to sell, and in the meantime, eager buyers are left with limited options Mortgage applications were up 10 percent in March from the month before despite elevated borrowing costs and still-high home prices, but an uptick in buyer demand isn’t translating to increased sales.