July, 2024

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The Top 10 Smart Home and Building Innovations 

Construction Today

The construction industry is at the forefront of a technological revolution, and nowhere is this more evident than in the rise of smart homes and buildings. These structures leverage advanced technologies to create more efficient, comfortable, and sustainable living and working environments. Here’s a comprehensive look at the 10 key innovations driving this transformation: The Internet… Source The post The Top 10 Smart Home and Building Innovations appeared first on Construction Tod

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6 Reasons to Lease Compact Equipment

Construction Business Owner

6 Reasons to Lease Compact Equipment ccapoccia Wed, 07/24/2024 - 16:51 In an industry as dynamic and fast-paced as construction, efficiency and flexibility are paramount. One key strategy that construction companies may consider to maintain a competitive edge is leasing equipment. It’s important to note that when it comes to buying, renting or leasing there is no wrong choice — every business is unique, and the decision comes down to what’s best for your specific needs.

Leases 355
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10 Best Places to Buy Custom Shade Sails

Construction Marketing

Shade sails provide an easy way to set up shade for places like parks, shopping centers or dining areas. When designing and constructing these areas, you must consider where shade structures will be installed. Depending on your construction goals, however, standard shade sizes and materials may not fit your needs, and you’ll need to find the best custom shade sail retailers to meet your unique demands.

Products 264
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6 Steps to Construction planning, procurement, and project delivery integration and significantly improved outcomes.

Job Order Contracting

Construction planning, procurement, and project delivery integration is a prerequisite to the consistent delivery of quality facilities repair, renovation, maintenance, and new build project on time and on budget. Failure to achieve the above is the #1 reason for the rampant waste endemic to public sector organizations. Achieving integration and collaboration among internal and external groups is far from complex.

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How Top Firms Protect Margins in Costly Construction Markets

Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.

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Flatiron, Dragados merge to form US-based infrastructure giant

Construction Dive

The integrated company, to be chaired by Turner Construction CEO Peter Davoren, will boast a backlog of $17.2 billion and operations in 24 states and eight Canadian provinces.

US 150

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Fortifying Financials And The Importance Of Solid Security Measures

Contractor Bookkeeping

The recent cyber outage is a stark reminder of digital systems' vulnerability and potential impact on businesses, including those in the construction industry. This incident offers several critical lessons for construction bookkeeping. As a contractor, your accounting and bookkeeping systems are vulnerable not only to cyber threats but also to software outages, which can compromise sensitive financial data and disrupt business operations.

Security 134
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ABC: Construction Unemployment Rate Plunges to Second Lowest Ever Recorded

Construction Superintendent Magazine

The construction industry added 27,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 235,000 jobs, an increase of 2.9%. Nonresidential construction employment increased by 21,200 positions on net, with growth in all three subcategories.

ABC 98
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Quantum Computing Set for Planned Chicago Multi-Billion Dollar Campus

ENR Construction

Clayco will build the 440-acre complex at a long-defunct steel plant site that will host the first utility-scale, fault-tolerant quantum computer in the U.S., the developer says.

Chicago 90
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Keynote Speakers to Watch at Construction Industry Events in 2024

Building Radar

In 2024, the construction industry is set to host a series of dynamic events featuring influential keynote speakers. These events provide industry professionals with insights into the latest trends, technologies, and strategies. Here, we highlight some of the keynote speakers you should watch out for at these events. Top Keynote Speakers 1. Michael Green Michael Green, a renowned architect and advocate for sustainable building practices, will be speaking at multiple events this year.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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7 Key Construction Cash Flow Pain Points

Construction Business Owner

7 Key Construction Cash Flow Pain Points Discover complete AP automation for the construction industry from purchase to payment. mhodges Mon, 07/29/2024 - 10:04 In the world of construction finance management, cash flow is king. However, the intricate processes of accounts payable (AP) can often create bottlenecks, hindering growth. Fear not! AI-powered complete AP automation, can help.

Cash Flow 367
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Unlocking the door to Objective Verifiable Construction Cost Estimates

Job Order Contracting

Unlocking the door to Objective Verifiable Construction Cost Estimates is now possible with current, locally research line item labor, material, and equipment data from Four BT, LLC (4BT). An important construction cost estimating improvement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks.

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OSHA proposes rule to protect workers from extreme heat

Construction Dive

Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.

OSHA 174
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Trimble launches Connected Construction Conference for the UK

Viewpoint Construction Technology

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

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The Funding Blueprint for Your Construction Business – Your Guide to Growth

Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.

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Discover The Importance Of A Solid Business Plan For Your Contracting Company

Contractor Bookkeeping

Starting a construction business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business toward success. Here's why It Clarifies Your Vision A business plan helps you articulate the vision for your enterprise.

Plans 134
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Groundbreaking School Security Standard Protects Students During Active Shootings

BD+C

Groundbreaking School Security Standard Protects Students During Active Shootings 1 kcichowicz Thu, 07/18/2024 - 12:12 SAFTI FIRST In the wake of the tragic rise in active shooter incidents at schools, the National Glass Association (NGA) took swift action in 2021 by forming a dedicated School Security Task Force. Their mission? To develop robust standards for windows and doors (known as fenestration systems) to protect students and staff.

Security 132
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Electric Construction Equipment: Your Top Questions Answered

Construction Business Owner

Electric Construction Equipment: Your Top Questions Answered Simplify your research to see if electric is right for your business. mhodges Tue, 07/30/2024 - 13:44 A lot of you have questions about charging electric machines, expected runtimes, maintenance and more. The good news is we’ve compiled the top answers all in one place to help accelerate your research efforts.

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Major Construction Cost Estimating Improvement

Job Order Contracting

An important construction cost estimating inprovement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks. An important construction cost estimating improvement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment c onstruction tasks.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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Bechtel wins second phase of massive Texas LNG project

Construction Dive

The Reston, Virginia-based builder continues to work on the Port Arthur project’s first phase, a $13 billion undertaking that will finish between 2027 and 2028.

Virginia 167
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The complete guide to UK building regulation changes

Viewpoint Construction Technology

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

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Don't Let The Numbers Lie: Detecting And Preventing Bookkeeping Fraud

Contractor Bookkeeping

Employee fraud can seriously affect any business; the construction industry is no exception. We have discussed this numerous times in our podcasts and blog posts. Unfortunately, we still get calls from construction business owners who unknowingly become victims of this financial nightmare. That is why it is important to revisit this topic and emphasize the need to be proactive and vigilant so it doesn't happen to you.

Banking 133
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New ISNetworld® Hiring Clients for June 2024

Safety Services Company

With a growing number of companies embracing ISNetworld® , it’s no surprise that many prominent corporations are also becoming ISNetworld® hiring clients. This shift highlights the pressing need for contractors to achieve and maintain ISNetworld® compliance. Moreover, it presents a valuable opportunity for contractors to diversify their operations and explore new markets.

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.

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How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth

Construction Business Owner

How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth Unlocking strategic insights for long-term profitability for your construction business. mhodges Wed, 07/31/2024 - 09:19 Long-term construction profitability requires a methodical approach based on timely, accurate, and complete information. While financials are an essential indicator of project and company success, large, complex projects involve many factors that demand scrutiny beyond mere financial metrics.

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FM Professionals engage, inspire, and harness the full potential of your teams

Job Order Contracting

It’s critical that FM professionals engage, inspire, and harness the full potential of internal and external teams. Communicate vision, purpose, mission, and strategy for your organization clearly, directly, and continuously. FM Productivity Solution – Technology #1. Collaborate and communicate at speed and scale. #2. Ensure cost visibility and cost management capability. #3.

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Construction job openings plummet 19%

Construction Dive

Analysts continue to attribute major changes in labor demand to residential construction, as the commercial sector retains momentum.

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Construction Industry Trends: July 2024 Roundup

Viewpoint Construction Technology

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Viewpoint 130
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How General Contractors Can Drive Growth Without Increasing Headcount

For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.

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5 Factors for Businesses to Plan a New Construction Project

Wolgast Corporation

What is needed to start? Business owners may think they need to be overly prepared before they talk to their Architect or Builder about commercial construction planning. There is a lot to consider when planning a new business construction project, but there are only five major ideas to consider before contacting design and building professionals: How will you manage the risk to your business during construction?

Plans 126
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New ISNetworld® Hiring Client Coca-Cola Joins June 2024

Safety Services Company

In a pivotal move for the beverage industry, Coca-Cola Beverages Florida (also known as Coke Florida ) has recently become an ISNetworld® hiring client as of June 2024. This development emphasizes the critical importance of compliance in ensuring safety and quality in beverage production. For contractors looking to work with Coke Florida, understanding the significance of ISNetworld compliance is essential.

Florida 125
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Nominate Outstanding Women in Construction 2024

Construction Business Owner

Nominate Outstanding Women in Construction 2024 Recognizing today's leading construction professionals mhodges Mon, 07/08/2024 - 14:54 Construction Business Owner (CBO) Magazine is thrilled to announce the opening of nominations for our annual celebration of some of the most hardworking professionals in the industry — our special section to honor Outstanding Women in Construction (OWIC).