Stay in business by focusing on safety
Construction Dive
MAY 8, 2023
The fastest way to go out of business is lack of a good safety program.
Mon.May 08, 2023
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Better estimates.
Job Order Contracting
MAY 8, 2023
Better estimates. Verifiable. current local market labor, material, and equipment costs – updated quarterly. Detailed line item data organized with expanded CSI MasterFormat 2X+ faster than manual or spreadsheet estimating Complete audit trail Remove data sharing barriers – Copy, paste, share estimates securely Mitigate errors and omissions Export to spreadsheet or PDF Cloud, SQL technology [contact-form] The post Better estimates. appeared first on 4BT.
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Costain’s major M62 upgrade axed over soaring costs
Construction Enquirer
MAY 8, 2023
Highways England has scrapped Costain’s major project to install concrete central reserve barriers on the M62 across the Pennines on the eve of main works starting. The M62 J20-25 project between Rochdale and Brighouse was originally conceived as a smart motorway scheme but had already been down-sized to a central reserve upgrade. Now the projected cost of the 19-mile central reserve upgrade has soared so high that Highways England has axed the scheme.
Despite a Lack of New Listings, Home Sellers Still Have the Upper Hand
Pro Builder
MAY 8, 2023
Despite a Lack of New Listings, Home Sellers Still Have the Upper Hand ldeakins Mon, 05/08/2023 - 10:43 As a lack of new listings stirs up homebuying competition, the spring 2023 housing market is, by most definitions, a seller's market A run-up in mortgage rates over the past several months has forced a growing number of home sellers to reconsider their plans to list, especially if it means giving up a 2% or 3% mortgage rate to refinance in a more costly market.
Leading the Way in Construction EHS Software
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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.
UPS plans to open 7 healthcare logistics facilities in 2023
Construction Dive
MAY 8, 2023
Services for healthcare shippers have been a bright spot for the delivery giant amid an overall decline in demand.
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Tutor Perini’s loss doubles as revenue sinks
Construction Dive
MAY 8, 2023
Delayed impacts from the pandemic, an adverse legal ruling and accounting charges conspired to eat into the contractor’s top and bottom lines.
Quanta, Hitachi Win Big on $8B SunZia Wind and Power Line Project
ENR Construction
MAY 8, 2023
Developer would not say how the the wind farm and transmission project costs are split or provide dollar values for turnkey Quanta Services contracts.
Construction planning drops 2 months in a row
Construction Dive
MAY 8, 2023
Weak activity for offices, hotels and retail pulled the Dodge Momentum Index lower.
Stok Makes Inc. Magazine’s 2023 Best Workplaces List
Stok
MAY 8, 2023
San Francisco, CA (May 9, 2023) — Stok has been named to Inc. magazine’s annual Best Workplaces list! The list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company culture, whether operating in a physical, virtual, or hybrid capacity. After collecting data from thousands of submissions, Inc. selected 591 honorees this year.
Optimize Operational Processes With an Industry-Specific ERP
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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.
ProConnect Single-Family, Sept. 18-20, 2023, Ponte Vedra Beach, FL
Pro Builder
MAY 8, 2023
ProConnect Single-Family, Sept. 18-20, 2023, Ponte Vedra Beach, FL ibush Mon, 05/08/2023 - 16:47 ProConnect Single Family brings home builders from across the U.S. together with national vendors and manufacturers. Over the course of two days, builders and vendors meet one-on-one to discuss new products, supply-chain challenges, and opportunities to partner on future projects.
How to Cover Concrete Walls in a Basement
CivilJungle
MAY 8, 2023
How to Cover Concrete Walls in a Basement? Great basements will be made with stream concrete refuse obstructed walls, and if you design to complete your basement, you may want to fill up.
Spring Home Searches Narrow as Sellers Pull Back
Pro Builder
MAY 8, 2023
Spring Home Searches Narrow as Sellers Pull Back ldeakins Mon, 05/08/2023 - 10:38 Elevated mortgage rates aren’t the biggest roadblock for homebuyers this spring The average for the 30-year, fixed-rate mortgage has hovered below the 6.5% range for several weeks, settling in at 6.39% this week. And while more stable rates are an optimistic sign for prospective buyers, a lack of for-sale inventory is causing many house hunters to hold back.
HVAC System Collapses Over Pool at Gaylord Rockies Resort Colorado
ENR Construction
MAY 8, 2023
An HVAC system at a Denver-area resort collapsed into a pool filled with up to 100 people on May 6.
The Ultimate Procurement Software Buyer’s Guide
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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?
The Mortgage Rate Madness Continues—Where Are Borrowing Costs Headed From Here?
Pro Builder
MAY 8, 2023
The Mortgage Rate Madness Continues—Where Are Borrowing Costs Headed From Here? ldeakins Mon, 05/08/2023 - 10:52 Has the Federal Reserve taken its rate hikes too far? Here's what housing experts have to say about today's homebuying conditions The Federal Reserve has issued 10 rate hikes since March 2022 in an ongoing effort to tame rampant inflation in the U.S. economy, but after soaring into the 7% range during the fourth quarter of 2022, mortgage rates are now falling.
HVAC System Collapses Over Pool at Gaylord Rockies Resort Colorado
ENR Construction
MAY 8, 2023
An HVAC system at a Denver-area resort collapsed into a pool filled with up to 100 people on May 6.
Construction Layoffs Soar, Led by Single-Family Sector
Pro Builder
MAY 8, 2023
Construction Layoffs Soar, Led by Single-Family Sector ldeakins Mon, 05/08/2023 - 10:58 Roughly 3.7% of construction workers were laid off or discharged in March, the highest rate reported since the early days of the COVID-19 pandemic Construction layoffs are at their highest level since the start of the pandemic, and that drop in the share of open positions is predominantly driven by weakness in the single-family home building sector, according to Construction Dive.
Construction of $1.5B Buffalo Bills Stadium Cleared to Start
ENR Construction
MAY 8, 2023
The expected cost of the project has risen from $1.4 billion to $1.54 billion, Erie County officials say.
Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business
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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.
NAHB Develops Land Use Resources for Home Builders and Buyers
Pro Builder
MAY 8, 2023
NAHB Develops Land Use Resources for Home Builders and Buyers ibush Mon, 05/08/2023 - 10:00 Chairman's Message: An NAHB Land Development Committee working group is creating educational resources to help make land-use policy information more accessible Alicia Huey, 2023 NAHB Chairman One of the key factors in the cost of housing is the availability and cost of land, which is influenced by a variety of land-use policies and regulations at the local, state, and federal levels.
Seattle-area Transit Agency Receives $327M in Loans from US DOT
ENR Construction
MAY 8, 2023
Sound Transit to extend its light rail system and improve infrastructure with the federal funding.
Firms readied for £2.8bn Yorkshire Water bid races
Construction Enquirer
MAY 8, 2023
Yorkshire Water has put contractors on bid alert for two major framework deals worth around £2.8bn. These two frameworks will look to deliver water and wastewater asset investment over the next 10 years, and deliver on the water company’s drive to make substantial reductions in sewage overflows into watercourses. Planned works will cover the AMP8 regulatory period running from April 2025 to March 2030, with options to extend to APM9.
New York and New England designers eclipse pre-pandemic revenue in 2022
ENR Construction
MAY 8, 2023
Firms in New York, New Jersey and New England states showed significant growth in the energy sector.
The Specialty Contractor's Guide to Job Cost Accounting
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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!
Penn State Stadium Renovation Set to Kick Off in 2025
ENR Construction
MAY 8, 2023
Penn State University will renovate its football stadium.
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