Wed.Jun 01, 2022

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Construction Industry Trends: May 2022 Roundup

Viewpoint Construction Technology

From increased project starts to a look at where the construction industry stands with its DEI efforts, here's a look at some of May's headlines.

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The AEC Professional's Essential Guide to Connected Construction

Construction Business Owner

The AEC Professional's Essential Guide to Connected Construction. Embracing a new way of working to solve construction’s oldest challenges. Greg Ragsdale. Wed, 06/01/2022 - 14:40. Less rework means faster schedules, fewer change orders, and, more importantly, a less expensive and more profitable construction experience for the owner and contractor. Download this free guide to learn tips on how connected construction and digitization are helping architecture, engineering and construction (AEC) pr

professionals

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Construction Cost Estimating Factors

Job Order Contracting

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. CORE PRINCIPLES. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. Greg Ragsdale. Wed, 06/01/2022 - 12:48. It is time for contractors to get serious about the FASB ASU 2016?02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).

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Leading the Way in Construction EHS Software

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.

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The Foundation of Successful WFM: People, Process, Technology

Jobsite with Procore

Whether they realize it or not, most contractors are unknowingly practicing workforce management (WFM) and often on a spreadsheet, whiteboard, home-grown system, or even on paper.

More Trending

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Why Workforce Planning is More Important than Ever in Construction

Jobsite with Procore

It used to be that contractors could just focus on their own employees when doing workforce planning. However, with the nature of work changing even in construction, some experts say workforce planning needs to go much deeper.

Plans 98
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What’s Driving Record Growth in the Rental Market?

Pro Builder

What’s Driving Record Growth in the Rental Market? ldeakins. Wed, 06/01/2022 - 10:41. Changing household preferences and a lack of housing affordability post-pandemic caused apartment demand to double at the start of 2022. A record 700,000 apartments were leased last year, more than double the five-year average, while leases in Q1 2022 were double the number reported in Q1 2021, according to John Burns Real Estate Consulting.

Income 97
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Have You Tried?: Executive Level Cross Project Budget Report in Autodesk Build 

Autodesk Construction Cloud

With hundreds of updates to Autodesk Construction Cloud products in the last year alone, keeping tabs on all these new changes can feel overwhelming. Chances are you’ve heard about recent big, highlighted releases such as the model accessibility in mobile and Bridge. But you might not have heard about some of the latest understated, but high-impact product enhancements. .

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Slate Asset Management To Develop 800 Acres In Hamilton, Ontario

Business Facilities

Slate Asset Management will redevelop a Hamilton, Ontario site into a world-class industrial park with a focus on job creation, economic growth, and environmental sustainability.

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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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The Evolution of Construction Technology: The Future Has Been Written

Jobsite with Procore

As technology pushes forward to modernize construction, could an innovation from the past provide construction with the next big thing that helps everyone stay in control?

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May / June 2022 Issue (Volume 55, Number 3)

Business Facilities

Business Facilities' May / June 2022 issue focuses on workforce development, including STEM, higher education partnerships, quality of life, and more.

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US Settles Border Wall Suit Against Contractor Fisher Sand & Gravel

ENR Construction

Ex-federal wall builder agrees to maintain his privately funded and sited Texas riverbank barrier, with signs of instability, for 15 years and to post $3M repair bond.

US 78
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PILC Meeting Discusses Industry Advocacy

Contractor Magazine

This year’s in-person PILC meeting offered plenty of industry fodder, which included advocacy initiatives and updates on government relations.

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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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US Government Settles Private Border Wall Suit Against Contractor Fisher

ENR Construction

Ex-federal border wall builder agrees to properly maintain structure for 15 years, including defect repair and foundation cracks and erosion, and post $3M removal bond if needed.

US 69
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Housing's New Now

Pro Builder

Housing's New Now. rbinsacca. Wed, 06/01/2022 - 17:00. I don’t know about you, but I got pretty sick of hearing the term “new normal” applied to the upheaval caused by the COVID-19 pandemic. To me, there never was a “normal,” new or otherwise, at any point during two-plus years of an unpredictable and resilient virus that kept everyone guessing (and second-guessing) the present and the future.

Housing 52
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How a Critical Delay Sent St. Louis Convention Center Project Costs Sky High

ENR Construction

The bid atmosphere and market for contracting deteriorated as St. Louis County and the city hammered out a deal.

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Nonresidential Construction Spending Falls in April, Says ABC

Construction Superintendent Magazine

National nonresidential construction spending was down 0.4% in April, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.4 billion for the month. Despite the monthly setback, nonresidential construction spending is up 6.6% from a year ago.

ABC 52
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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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MoDOT's Five-Year Plan Boosts Road, Bridge Funding to $7.7B

ENR Construction

The Missouri Dept. of Transportation’s draft 2023-2027 State Transportation Improvement Program includes an average of $1.5 billion each year for road and bridge projects.

Roads 69
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Prices Drop In Overvalued Markets as Housing Boom Subsides

Pro Builder

Prices Drop In Overvalued Markets as Housing Boom Subsides. ldeakins. Wed, 06/01/2022 - 10:27. Sellers are being forced to lower their asking prices to accommodate budget-conscious buyers in overpriced regional markets. In the past year, home price growth has risen four times faster than income growth across the U.S., a cause for concern among economists who long allayed any fears about a prospective housing bubble.

Housing 52
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[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Business Facilities

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

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U.S. Department of Energy Solar Decathlon Introduces Two New Workforce Development Programs

Pro Builder

U.S. Department of Energy Solar Decathlon Introduces Two New Workforce Development Programs. ldeakins. Wed, 06/01/2022 - 10:48. The U.S. Department of Energy plans to offer additional opportunities for professionals and students exploring careers in the net zero building sector. The U.S. Department of Energy Solar Decathlon is expanding to include two new workforce development programs, says U.S.

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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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Under 30 All-Stars of 2022

Contractor Magazine

Meet some young people who have chosen to pursue a career in the skilled trades, and find out about their hopes for the future.

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Sellers Are Losing Their Upper Ground in Migration Hotspots

Pro Builder

Sellers Are Losing Their Upper Ground in Migration Hotspots. ldeakins. Wed, 06/01/2022 - 10:53. Price drops are sweeping through popular migration destinations as sellers scramble to hold on to waning buyer demand. Surging mortgage rates are causing a sharp drop in buyer demand and forcing those still making home purchases to reduce their budgets. In response, sellers are lowering their asking prices in regional markets seeing record-breaking year-over-year price growth, Redfin reports.

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How a Critical Delay Sent Costs of St. Louis Convention Center Project Sky High

ENR Construction

The bid atmosphere and market for contracting deteriorated as St. Louis County and the city hammered out a deal.

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All About Retrofitting | What Is Retrofitting | Why Need Retrofitting | Advantages And Disadvantages of Retrofitting of Building

CivilJungle

What Is Retrofitting? Retrofitting is the modern technique or methodology used to increase the structure’s reliability. Retrofitting is helped to develop safety, durability, and applicability of structure. It furthermore counts new characteristics or technology to the ancient structure. Simply, retrofitting is repairing and modifying the existing structure into a new stable structure that protects it from flooding or dangers such as high winds and earthquakes.

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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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US Settles Private Border Wall Suit Against Contractor Fisher Sand & Gravel

ENR Construction

Controversial ex-federal wall builder agrees to maintain Texas structure for 15 years and post repair bond.

US 69
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NAHB Chairman’s Message: Members Urge Action on Housing Crisis

Pro Builder

NAHB Chairman’s Message: Members Urge Action on Housing Crisis. rbinsacca. Wed, 06/01/2022 - 06:00. The National Association of Home Builders is relying on strength in its membership numbers to press the issue of housing affordability with the White House and Congress. Jerry Konter, NAHB 2022 Chairman. A growing affordability crisis threatens to derail the housing industry and the country’s current economic expansion, and the National Association of Home Builders (NAHB) is taking action.

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Oregon Water Treatment Plant Includes New Seismic Upgrades

ENR Construction

Sundt Construction will build the Willamette Water Supply System's $405 million project.

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