Construction Business Owner
JUNE 24, 2024
Strategic Tax Planning for Contractors in 2024 ccapoccia Mon, 06/24/2024 - 17:59 A s 2023 financial statements and tax returns are finalized, it’s time for contractors to shift their focus to the current tax year of 2024 and beyond. In a competitive industry like construction, it’s crucial to adapt continuously to ensure your company is in the best possible position for current and future success.
Job Order Contracting
JUNE 23, 2024
These are the top six reasons construction projects fail. Whether repair, renovation, maintenance, or new builds, 30%-40% waste is the norm due to one or more of the following… #1 Lack owner leadership, capacity, accountability. #2 Failure to adopt, implement, and manage a robust and integrated planning, procurement, and project delivery process. #3 Poor team selection. #4 Insufficiently detailed and/or poorly communicated Scope of Work (SOW). #5 Lack of trust. #6 Failure to leverage the k
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Safety Services Company
JUNE 24, 2024
In the construction industry, safety is paramount, given the inherent risks that can lead to serious injuries and fatalities. Contractors and hiring clients alike prioritize safety leadership , seeking partners who excel in safety and compliance, surpassing basic OSHA standards. Recently, The Advancing Construction Safety Leadership Conference addressed industry safety challenges by fostering a cultural shift where safety is ingrained as a core value, not just a regulatory requirement.
Construction Dive
JUNE 26, 2024
The pause in infrastructure construction is a major setback for the city’s development, said Carlo Scissura, president and CEO of the New York Building Congress.
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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.
Wolgast Corporation
JUNE 26, 2024
In the ever-evolving landscape of education, the importance of robust school infrastructure cannot be overstated. A school's physical environment shapes the experiences of students, teachers, and staff alike, affecting everything from academic performance to overall well-being. Yet, ensuring the vitality of these educational spaces often requires significant financial investment, typically through school bond campaigns.
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Construction Law
JUNE 27, 2024
DLUHC statistics show number of buildings being remediated doubled in a year To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.
Construction Specifier
JUNE 25, 2024
By Antonie Habellion, P.Eng., M.Eng., M.S., and Steven Gaynor, MBA Photo courtesy Tenmat New York City recently became the first jurisdiction in the country to reject and rewrite major sections of the International Building Code’s ( IBC ’s) language around fire protection in exterior facades. Aiming to enhance the fire safety standards in exterior walls, fireblocking is now mandatory behind ventilated cladding , with few exceptions.
Contractor Magazine
JUNE 25, 2024
Our conversation with Andrew Windsor, Sr. Vice President of Sales, Americas for Watts Water Technologies.
NH Construction Law
JUNE 23, 2024
When contracting parties agree to a fixed price or lump sum amount for a defined scope of work, the contractor is generally obligated to build that scope of work for that price regardless of what it costs him to do so or what unmentioned obstacles he may face. His price will typically be set to cover overhead costs and a reasonable profit. And time is money; all other things being equal, the sooner the contractor completes the work, the more profit he will make.
Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network
In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.
Construction Business Owner
JUNE 27, 2024
How to Spot & Avoid Unexpected Project Delays ccapoccia Thu, 06/27/2024 - 14:01 Here’s the thing about construction project delays: It’s not a matter of if they will happen — it’s when they will happen, for how long and why. There are many reasons for a project delay: weather, supply chain hiccups, labor shortages, financing and more. Most of these reasons are out of the control of the project manager or construction business owner, while others are not.
Job Order Contracting
JUNE 27, 2024
It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. The following represent the new realities. Technology will not solve your problems. Tech is an enablers. People, Process, and Information are the three kings. Focus on working with professions with experience, yet willing to learn, listen, and share information.
Construction Dive
JUNE 25, 2024
The new facility will use a sodium-based cooling process instead of water, according to TerraPower, the Microsoft founder’s nuclear energy company.
BD+C
JUNE 24, 2024
Not your grandparents’ senior living community: Redefining aging in place 0 qpurcell Mon, 06/24/2024 - 08:49 Senior Living Design Perkins Eastman’s Senior Living and Residential teams are putting a new face on home for seniors who don’t want to move away in retirement. MFPRO+ Blog Mixed-Use Senior Living Design Designers “Would you move into your own senior living community?
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As a specialty contractor, your success hinges on your ability to manage complex workflows, maintain cost control, and deliver projects on time. But are you still relying on outdated systems or multiple software packages that create data silos and inefficiencies? This comprehensive eBook reveals the 12 key reasons why investing in a construction-specific software platform is the game-changer your business needs.
Construction Business Owner
JUNE 27, 2024
Prevent Water Damage From Wreaking Havoc ccapoccia Thu, 06/27/2024 - 13:35 The impact of inefficient and ineffective water management on construction projects is increasing at an alarming rate. Water damage has long been one of the most common insurance claims in the industry, and it now accounts for up to one-third of all payouts on builder’s risk policies.
Job Order Contracting
JUNE 25, 2024
AI -Caveat Emptor – FM (Above image by rawpixel.com on Freepik) While the below was intended to apply to computers, the content has relevance to AI. That said, the current status of AI is basically “pattern recognition”, the problem of assuming biased or misinformation is accurate is very real. AI algorithims sort through avaiable data, look for relevant information based upon statistically high conformity and output a result.
Construction Dive
JUNE 24, 2024
An $11 billion LNG project in Texas and a $10 billion offshore wind farm in Virginia helped drive overall starts up 10%, according to Dodge.
Contractor Magazine
JUNE 26, 2024
This year’s EWTS featured thought-provoking conversations relating to water conservation, quality and scarcity, and what action plans could be implemented to ensure safe and sufficient drinking water for generations to come.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Construction Business Owner
JUNE 27, 2024
Is Your CPA Holding Back Business Growth? ccapoccia Thu, 06/27/2024 - 10:03 Consider when it's time to find a new certified public accountant for your construction business.
PC Construction
JUNE 25, 2024
Construction is well underway on the State of Vermont Agency of Transportation’s new garage and salt shed in Swanton. PC Construction’s Special Projects team recently finished structural steel erection and detailing for the 15,000-square-foot, 11-bay maintenance garage. Nearly a dozen additional scopes will be self-performed throughout construction, with an associated value of $1.3 million of the overall $9.4 million project.
Construction Dive
JUNE 25, 2024
The estate of deceased ironworker Samantha Deschenes claimed that Portland, Oregon-based Andersen Construction violated the Oregon Safe Employment Act in a lawsuit filed June 10.
ENR Construction
JUNE 27, 2024
The Maryland Transportation Authority is now evaluating proposals to replace the bridge, which collapsed after it was struck by a cargo vessel in March, with an eye on a possible completion by 2028.
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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.
Construction Business Owner
JUNE 27, 2024
Can a Prefabrication Strategy Differentiate Your Business? ccapoccia Thu, 06/27/2024 - 10:24 In the ever-changing landscape of the construction industry, efficiency, productivity and cost-effectiveness have become paramount. Traditional construction methods, though tried and tested, often fall short of meeting the increasingly stringent demands of owners and stakeholders.
Civiconcepts
JUNE 28, 2024
Tax laws constantly change, and construction companies need to stay nimble to keep up. That’s because new regulations can affect everything from filing requirements to payroll taxes and international compliance.
Construction Dive
JUNE 27, 2024
Geisinger Wyoming Valley Medical Center in Wilkes-Barre will nearly double in size while renovations will transform it into a 100% private-room facility.
ENR Construction
JUNE 27, 2024
Global developers are advancing nuclear fusion technology and engineering to scale an energy source they say has zero emissions, no meltdown risk and more security, as data centers and AI push power demand.
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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?
Construction Business Owner
JUNE 27, 2024
April 2024 Construction Stats ccapoccia Thu, 06/27/2024 - 14:51 The Construction Business Owner team compiles statistics each month from several sources, includi
Construction Superintendent Magazine
JUNE 28, 2024
The AIA/Deltek Architecture Billings Index score declined to 42.4 in May, as more firms reported a decrease in billings than the month prior. The pipeline of new work coming into firms is showing increasing softness. While inquiries into new projects continue to increase, they did so at a slower pace than in recent months. Additionally, architecture firm billings remained soft across all regions and sectors in May.
Construction Dive
JUNE 28, 2024
The funds will support the semiconductor supplier's construction of a $600 million, 100,000-square-foot manufacturing center in Colorado Springs.
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