Pro Builder

MAY 24, 2023

A New Normal? Why Experts Are Calling Today’s Housing Market an ‘Ice Age' ldeakins Wed, 05/24/2023 - 10:16 The housing market is going through a deep freeze as elevated interest rates keep sellers on the sidelines and send available housing inventory to new lows Timing is everything in today’s ever-changing housing market, but predicting the best time to buy or sell a home is as dependable as a coin toss, according to Insider.

Housing 52

Housing Inventory Deals 52

Viewpoint Construction Technology

MAY 24, 2023

Real talk on the challenges women in construction face, growing their careers, and finding success.

Construction 321

Construction 321

Job Order Contracting

MAY 24, 2023

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 Construction cost estimating is NOT an art. Decades of professional experience in construction cost estimating, knowledge of actual construction process, means, and methods, and business environment acumen lead to becoming a valued construction cost estimating professional.

Estimating 215

Estimating Construction Defense Change Orders 215

Construction Business Owner

MAY 24, 2023

Promote to rotator No Rotator Image Status of webinar Archived 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 156

Cash Flow Management Contract Profitability 156

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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.

Software

Job Order Contracting

MAY 24, 2023

Poor Construction Estimates – Root Cause The are two primary root causes of poor construction cost estimates: Lack of early and ongoing communication between all relevant parties. Failure to use granular, current, and well organized construction cost data specific to the local market. via 4BT.us – Verifiable local market granular construction cost data and support program and estimate management technology.

Estimating 196

Estimating Construction Organization Management 196

Construction Dive

MAY 24, 2023

OpenAI’s much talked-about language model told Construction Dive that AI is meant to collaborate with contractors, not rob workers of their jobs.

Contractors 133

Contractors Modeling Construction 133

Pro Builder

MAY 24, 2023

New-Home Sales Rise as Existing Housing Inventory Dries Up ldeakins Wed, 05/24/2023 - 10:26 Sellers are becoming increasingly hesitant to list their homes amid soaring interest rates, and that lack of for-sale inventory is forcing buyers into the new-home market A lack of existing housing inventory is pushing a growing number of homebuyers into the new-home market, signaling a year of strong sales ahead for home builders.

Inventory 98

Inventory Housing Industrial Construction 98

Construction Enquirer

MAY 24, 2023

Birmingham City council has nodded through plans for the 150m long HS2 viaduct into Birmingham’s new Curzon Street Station. The structure including a 25m-high curved truss set to become a new feature on the city’s skyline. Birmingham City Council have approved the design of the Curzon No.2 viaduct, which is the tallest structure in the sequence of viaducts and structures that make up the Curzon Street Approaches taking HS2 trains into Birmingham.

News 94

News Project Management Plans Contractors 94

Construction Dive

MAY 24, 2023

The Boston-based construction management firm identified a number of growth sectors to take advantage of within New York City.

New York City 108

New York City Boston New York Office 108

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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.

Industrial

Construction Enquirer

MAY 24, 2023

Staffordshire based contractor Quantum Construction went down owing 267 suppliers more than £4m. An update filed at Companies House by liquidator Quantuma Advisory revealed the scale of the debts at the business when it collapsed in April. Unsecured trade creditors have been left holding unpaid invoices totalling £4.3m while Quantum also owed its 24 staff £194,000 in unpaid wages.

Debt 83

Debt Construction Profitability Risk 83

Construction Dive

MAY 24, 2023

The company has drawn the attention of celebrity investors, including former Twitter CEO Dick Costolo and NFL Hall of Famer Joe Montana.

Montana 98

Montana Software Software Management 98

Construction Enquirer

MAY 24, 2023

Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes. The framework offers internal and external refurbishment, construction, new build and modular buildings with nearly two-thirds of places secured by SMEs.

Procurement 80

Procurement Mobility Deals Contractors 80

Construction Dive

MAY 24, 2023

The $1 billion-plus factory will be located at the Tulsa Port of Inola, giving it easy access to rail and river transport.

Tulsa 102

Tulsa Oklahoma US Transportation 102

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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?

Procurement

Construction Enquirer

MAY 24, 2023

Morgan Sindall Infrastructure is the latest main contractor to benefit from Flannery’s Brextor Pile Milling technology. The system not only reduces safety risks by limiting people plant interface, but it also reduces costs due to increased productivity and also through reducing damage to the piles thanks to the unique process of ‘milling’ the internal and external pile.

Infrastructure 79

Infrastructure Sewer Site Risk 79

Construction Dive

MAY 24, 2023

After bank failures and interest rate hikes, apartment originations could fall to $375 billion.

Banking 106

Banking 106

Construction Enquirer

MAY 24, 2023

Healthcare developer Montpelier Estates has gained planning for an 85-bed dementia care home, located within Peel L&P’s Trafford Waters £1bn masterplan in Greater Manchester. The project forms part of the first wave of 350 homes to come forward at Peel’s mixed-use development, which has outline planning to build 3,000 homes, a primary school, hotels, offices and a 20-acre public park.

Green 77

Green Plans Residential Commercial 77

ENR Construction

MAY 24, 2023

Artificial intelligence-enhanced analytics are turning up in almost every aspect of construction, with major inroads in project planning and safety. But what if the recommendations from an AI came from your existing jobsite cameras?

Safety 78

Safety Plans Construction 78

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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.

Contractors

Construction Enquirer

MAY 24, 2023

McLaughlin & Harvey has recruited John Carlin as a Regional Director as its looks to expand across central England. Carlin has spent most of the last seven years at Wates where he was Regional Managing Director for Construction Midlands. Before that he worked for nearly 20 years for Bowmer & Kirkland. A proven leader in the construction industry, with over 40 years of experience, John has held Director and Managing Director roles in national and regional businesses for the last 20 years.

Drawings 67

Drawings Management Foundation Commercial 67

Construction Dive

MAY 24, 2023

“We’re still sitting on billions of unspent federal dollars,” said Carlo Scissura, CEO and president of the New York Building Congress.

New York 67

New York 67

ENR Construction

MAY 24, 2023

After years of battle, firm that managed remediation of 2008 TVA power plant coal ash site breach in Tennessee sending waste over 300 acres and costing about $1 billion, agrees to undisclosed monetary deal with up to 200 workers who had sought many millions.

Tennessee 73

Tennessee Risk Deals Site 73

Construction Superintendent Magazine

MAY 24, 2023

Architecture firms reported a modest decrease in April billings. However, there was a slight increase in inquiries into future project activity according to a report released from The American Institute of Architects. The billings score for March decreased from 50.4 in March to 48.5 in April (any score below 50 indicates a decrease in firm billings).

AIA 59

AIA Architecture Contract Design 59

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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!

Contractors

ENR Construction

MAY 24, 2023

CTA's plan calls for its Red Line L train to be extended 5.6 miles into Chicago's Far South Side with four new stations and a storage and maintenance facility.

Chicago 77

Chicago Plans 77

Pro Builder

MAY 24, 2023

Buyers Retreat as Mortgage Rates Creep Over 7% Threshold Again ldeakins Wed, 05/24/2023 - 10:38 Mortgage rates rose above 7% again this week, and experts say purchase applications are likely to slow as a result The average rate on a 30-year, fixed mortgage surpassed 7% on Tuesday, sending mortgage applications to purchase a home down 4% for the week and 30% lower than the same week one year ago, CNBC reports.

Debt 52

Debt Finance Inventory Sustainability 52

ENR Construction

MAY 24, 2023

The utility-scale projects—the 800-MW, estimated $3-billion Vineyard Wind project off Massachusetts and the 132-MW, estimated $637-million South Fork project off New York—could begin to generate power this year, their developers say.

Massachusetts 69

Massachusetts New York US Estimating 69

Pro Builder

MAY 24, 2023

Neil Burning Neil Burning is VP of Construction Codes and Standards for the National Association of Home Builders (NAHB). He oversees the development of NAHB’s comprehensive advocacy and research efforts dealing with residential construction codes and standards development, implementation, and enforcement.

NAHB 52

NAHB Deals Residential Construction 52

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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!

Construction

ENR Construction

MAY 24, 2023

Calculating the costs of some project delays requires the use of advanced mathematics but the discipline may not have progressed far enough to measure what’s been lost with the suspension of the New England Clean Energy Connect project.

Permits 69

Permits Viewpoint 69

BD+C

MAY 24, 2023

The future of work: What to expect in 2023 0 qpurcell Wed, 05/24/2023 - 13:36 Office Buildings While no one disagrees that the workplace has undergone tectonic changes, it is less clear how to understand these shifts and synthesize them into practical action for the coming year. Jennifer Stukenberg, NCIDQ, LEED AP, WELL AP Office Buildings Headquarters Designers The Changing Built Environment 2022 was certainly a year of surprises, not least of which were the “Great Resignation” and the failure

Office 52

Office Organization Design Environment 52

ENR Construction

MAY 24, 2023

Calculating the costs of some project delays requires the use of advanced mathematics but the discipline may not have progressed far enough to measure what’s been lost with the suspension of the New England Clean Energy Connect project.

Permits 69

Permits 69