Mon.Jan 23, 2023

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How ESG Impacts the Engineering & Construction Industry

Construction Business Owner

How ESG Impacts the Engineering & Construction Industry ccapoccia Mon, 01/23/2023 - 15:49 The past decade has seen a steady process of consolidation in the engineering and construction industry (E&C). Despite some modest pauses and the adverse effects of the COVID-19 pandemic, merger activity has generally increased year over year, with 2021 posting a record 641 E&C transactions.

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Rethink Preventive Maintenance – Lower costs 30%-40% while extending system life up to 10x

Job Order Contracting

In today’s economic environment it may be time to rethink Preventive Maintenance, lower costs 30%-40%, and extend system life up to 10x. While most facilities management teams have a preventive maintenance program, there is only one source for PM tasks, checklists, AND locally researched costs for EVERY FREQUENCY (daily, weekly, monthly, annually… ), and that is Four BT, LCC (4BT)!

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Tips for Maximizing Your Savings During Tax Season

Construction Business Owner

Tips for Maximizing Your Savings During Tax Season ccapoccia Mon, 01/23/2023 - 15:26 With supply chain dynamics, inflation and rising material costs, contractors are experiencing heightened pressure on their margins. Reducing income taxes through effective planning is one way to put cash back into contractors’ pockets. The following will take a quick look at several tax savings strategies.

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Maximizing Your Space with a Sloping Roof

The Constructor

Are you looking for ways to maximize your space but want to avoid investing in a major renovation? Sloping roofs can be the perfect solution! They provide a modern and stylish look for your home and make the best use of your space, creating more living and storage areas than you ever thought possible. This […] The post Maximizing Your Space with a Sloping Roof appeared first on The Constructor.

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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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Why Some Great Employees Fail to Launch

Construction Business Owner

Why Some Great Employees Fail to Launch ccapoccia Mon, 01/23/2023 - 15:16 A leader of a construction organization once said, “I hired a senior project manager. This manager had an amazing pedigree. Worked for amazing organizations prior to mine. Trained in all the best systems and software on the market. Then this manager came into my business and failed miserably.

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Think Like a Football Coach to Build a Winning Team

Construction Business Owner

Think Like a Football Coach to Build a Winning Team ccapoccia Mon, 01/23/2023 - 15:04 If you owned a professional NFL team, you would need players with different skills and strengths to win. For example, a team wouldn’t win many games without a great quarterback to precisely pass the ball, powerful linemen to block, fast ends to catch anything thrown their way, linebackers to tackle quick runners, or kickers to accurately split the uprights.

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NJ law allows contractors to use private inspections

Construction Dive

The law codifies a three-day inspection turnaround and allows developers to contract with private agencies if local officials cannot do so in that time frame.

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A 2023 Housing Recession Will Impact These Volatile Markets First

Pro Builder

A 2023 Housing Recession Will Impact These Volatile Markets First ldeakins Mon, 01/23/2023 - 10:32 Home prices are rapidly correcting in a number of turbulent regional markets at the start of 2023. Here are the homebuying hotspots where prices are falling, and rising, the fastest U.S. home prices fell 2.4% between June and October after sharp growth at the start of 2022, and though some economists saw that sudden slowdown as a clear indicator of a full-blown housing correction, Zillow’s most rec

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GM to invest nearly $1B in four manufacturing sites

Construction Dive

The funds will help prepare sites in Michigan, New York and Ohio to produce new gas and electric products.

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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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Utility Relocations Further Delay $3.4B Maryland Purple Line

ENR Construction

Protracted work on already late rail link could stretch project completion seven months beyond a fall 2026 target for its new design-build team.

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Balfour Beatty wins Miami Beach Convention Center hotel project

Construction Dive

Construction is expected to be completed on the 800-room hotel in 2025.

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PMSJ Releases Quarterly Market Forecast

Construction Superintendent Magazine

PSMJ’s latest Quarterly Market Forecast survey of 115 A/E/C executives (collected between Dec. 28 and Jan. 10) revealed an overall proposal activity Net Plus/Minus Index value of just 8. Any NPMI value above zero indicates that more respondents are seeing an increase in proposal activity compared to the prior quarter (+100 indicates all respondents are seeing an increase in proposal activity, -100 indicates all respondents are seeing a decrease in proposal activity).

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Could 3D-Printed Homes Solve a Worsening Affordability Crisis?

Pro Builder

Could 3D-Printed Homes Solve a Worsening Affordability Crisis? ldeakins Mon, 01/23/2023 - 10:44 Experts say 3D-printed home building could solve a housing supply deficit and a growing affordability crisis, but its success hinges on more widespread acceptance from an industry that has traditionally regarded change with hesitation For nearly a decade, 3D-printing capabilities have been limited to small, handheld items produced by desktop printers, but according to John Burns Real Estate Consulting

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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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Troutman Pepper’s National Construction Practice Named Among Law360’s Practice Groups of the Year for Second Consecutive Year

Constructlaw

Practice Recognized for Major Deals, Litigation Wins in 2022 NEW YORK – For the second consecutive year, Troutman Pepper’s Construction Practice Group has been recognized nationally among Law360’s Practice Groups of the Year. The firm was among only four to receive the 2022 Practice Group of the Year designation in the Construction category. “Earning this national award for the second straight year speaks to the incredible projects our clients are pursuing on a regular basis,” said Mike Subak, w

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Existing Home Sales Declined for 11th Consecutive Month in December

Pro Builder

Existing Home Sales Declined for 11th Consecutive Month in December ldeakins Mon, 01/23/2023 - 10:55 As soaring home prices continued their longest streak on record, existing home sales slowed for the 11th month in a row in December 2022 Existing home sales declined for the 11th consecutive month in December as soaring mortgage rates and waning inventory continued to deplete buyer demand.

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Utility Relocations Further Delay $3.4B Maryland Purple Line ect

ENR Construction

Protracted work could stretch completion seven months beyond a scheduled fall 2026 target for project's new design-build team.

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As Starter Home Prices Soar, the Luxury Market Is Cooling

Pro Builder

As Starter Home Prices Soar, the Luxury Market Is Cooling ldeakins Mon, 01/23/2023 - 11:02 While first-time buyers confront a historically low supply of starter homes and surging housing costs, luxury real estate is cooling at its fastest clip in years For the past several years, first-time buyers and luxury house hunters have navigated opposite ends of a volatile housing market, and a 2023 correction is creating a new set of hurdles for both real estate sectors.

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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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Xylem To Acquire Evoqua in $7.5 Billion All-Stock Transaction

Contractor Magazine

The transaction unites two companies with a shared focus on solving the world’s water challenges.

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Florida County Fires Contractor on Jail Project Completed in 2021

ENR Construction

The joint venture of Whitesell-Green and Caddell Construction is suing Escambia County for $3.5 million it said the county improperly withheld over excusable COVID-19 and hurricane delays.

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Value of New England Top Starts Drops for Second Straight Year

ENR Construction

The total value of construction starts fell significantly in 2022, but the beginning of work on the Suffolk Downs project is a hopeful sign.