Contractor Bookkeeping

JANUARY 22, 2021

A wise business owner once said, "Happiness is positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out. A cash crisis can be emotionally devastating, and it can even kill your business. If you've ever had to beg, borrow, and steal to cover tomorrow's payroll, you know what I mean. Having a proper cash management system allows you to: Know when, where, and how your cash needs will occur.

Cash Flow 72

Cash Flow Income Management Accounting 72

Work Gearz

JANUARY 22, 2021

If you are in the construction industry and make use of, or supply hard hats to your construction workers, you will want to know how often hard hats should be inspected for safety. The answer is that hard hats should undergo a safety check every six weeks, but this is not set in stone. If there have been incidents, the hard hat should be checked immediately after the incident.

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Inspections Safety Accidents Construction 52

Job Order Contracting

JANUARY 18, 2021

Owner responsibility for construction waste is clearly documented. Early and ongoing collaboration between teams working towards mutually defined and beneficial goals is a prerequisite for consistent achievement of maximum integration and utilization of available resources. A comprehensive, step-by-step execution guide detailing roles, responsibilities, workflows and information environments, among real propter owners, design engineers, architects, prime contractors, and subcontractors and an as

Construction 149

Construction Documentation Procurement Renovating 149

Construction Business Owner

JANUARY 20, 2021

3 Strategic Marketing Moves to Emerge From the Pandemic Strong. Elizabeth Manning. Wed, 01/20/2021 - 16:04. The coronavirus pandemic and its accompanying economic uncertainty have hit the construction industry hard. The effects are apparent, with reports of losing one million jobs in just one month and a smaller number of cranes in top United States cities for the first time since 2017.

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United States Materials Industrial Construction 358

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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.

Software

The Constructor

JANUARY 20, 2021

Progressive collapse of a structure is defined as the spread of an initial local failure of a structural element that eventually results in the.

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Job Order Contracting

JANUARY 22, 2021

Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. The consistent achievement of best value quality, cost, and schedule outcomes requires the strategic and tactical integration of planning, procurement, and project delivery in concert with the core organizational mission.

Renovating 252

Renovating Management Procurement Life Cycle 252

Construction Business Owner

JANUARY 21, 2021

How to Alleviate Labor Shortage Problems & Stay Ahead of Staffing in 2021. Elizabeth Manning. Thu, 01/21/2021 - 12:23. With an uneven pandemic response across the country and a number of regulations that fluctuate from week to week, the commercial construction industry dealt with an intense degree of uncertainty in 2020. But there is cause for optimism in 2021.

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Regulation Commercial Industrial Construction 334

The Constructor

JANUARY 17, 2021

The design of reinforced concrete (RC) column is carried out by following certain procedures. However, some specific rules and requirements need to.

Concrete 272

Concrete Design Structural Engineering Engineering 272

Viewpoint Construction Technology

JANUARY 20, 2021

Learn about Viewpoint's new Quarterly Construction Metrics Index and gain valuable insights into the data that is shaping today's contractors.

Viewpoint 169

Viewpoint Construction Contractors News 169

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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.

Industrial

Green Building Law Update

JANUARY 17, 2021

Michigan prosecutors last Thursday announced that 9 individuals have been indicted on a total of 42 counts related to a series of alleged actions and inactions that created the Flint water crisis. Interestingly, the Chief Judge of the Seventh Circuit in Genesee County appointed Judge David Newblatt to act as a one-man grand jury to investigate crimes related to the crisis.

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Detroit Michigan News Office 156

Construction Business Owner

JANUARY 20, 2021

A Look Back at 75 Years of the Backhoe Loader. Elizabeth Manning. Wed, 01/20/2021 - 16:35. The post-World War II era was one of enormous innovation and economic growth. As millions of servicemen returned home, the housing market exploded, with 2.5 million homes built from 1946 to 1948. By the 1950s, nearly two-thirds of all industrial construction was taking place outside of cities as suburban America was forming.

Residential 334

Residential America Accounting Innovation 334

The Constructor

JANUARY 16, 2021

The researchers from the RMIT University of Australia have found a way to develop a sustainable concrete aggregate made from lightweight recycled.

Sustainability 237

Sustainability Concrete News 237

Job Order Contracting

JANUARY 18, 2021

Alignment creates construction value and is the primary responsibility of real proper owners. Continuous optimization of facilities repair, renovation, maintenance, and new build outcomes is only possible through owner leadership with respect to core principles, systems, culture, and results. While clearly each project is different, it is important that each is in overall alignment with a robust program (a defined and integrated construction planning, procurement, and project delivery programmat

CSI 151

CSI Procurement Renovating Environment 151

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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?

Procurement

Business Facilities

JANUARY 21, 2021

The automaker will add 120 new jobs at the Honda of America Mfg., Inc. Anna Engine Plant with help from a JobsOhio economic development grant. - Read: Honda Investing $200M In Western Ohio Engine Plant Expansion at BusinessFacilities.com.

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Ohio Engineering America Employment 132

Construction Business Owner

JANUARY 20, 2021

5 Benefits of Eliminating Waste & Tightening Project Elements. Elizabeth Manning. Wed, 01/20/2021 - 08:59. The construction industry, deemed an essential business during the coronavirus pandemic, never stopped working. Because it remained vital, 67% of workers expected consistent or increased project backlogs. As project managers (PMs) navigate a new normal and a considerable amount of work, lean workforce management processes can provide a blueprint for successful crisis management and risk mit

Project Management 309

Project Management Risk Management Industrial 309

The Constructor

JANUARY 19, 2021

A BAM Nuttall-led consortium is set to be a part of a government-funded trial to explore the potential of 5G for improving productivity in.

Products 185

Products Construction News 185

Job Order Contracting

JANUARY 22, 2021

Clear definition of information requirements, aligned with robust Lean processes, and collaborative delivery teams is a proven pathway to best value construction. Primary barriers: Improper cost focus Lack of leadership and innovation Resistance to collaboration and change Lack of information standards Poor planning, procurement, and project delivery integration.

Management 149

Management Procurement Construction Innovation 149

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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.

Contractors

BD+C

JANUARY 19, 2021

In 10 years, the world will have reached a tipping point where the negative impacts of climate change are irreversible. A significant contributor to global CO 2 emissions is the built environment, accounting for 45% of total emissions through the energy it uses and the carbon emitted to create it.

Banking 125

Banking Accounting Environment 125

Construction Business Owner

JANUARY 18, 2021

How BIM Helps General Contractors Win More Business. Learn how this technology has rapidly become the key to success in today’s high-stakes industry. Greg Ragsdale. Mon, 01/18/2021 - 15:19. No industry in the world remains untouched by digital technology. For the architecture, engineering and construction (AEC) industry, this holds especially true. Technology is making vast improvements in the way general contractors (GCs) plan and build projects, paving the way for a reimagined future.

BIM 308

BIM Contractors Modeling Software 308

Construction Equipment

JANUARY 20, 2021

World of Asphalt and the National Asphalt Pavement Association (NAPA), opened registration today for the first ever “People, Plants, and Paving” Digital Conference. Attendees can register at WorldOfAsphalt.com.

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Conference 118

Job Order Contracting

JANUARY 21, 2021

ISSUE- The required standards for the currency and accuracy of construction cost data used for IGEs have not been met for years, and there is appears to be no plan to address this major failing. An independent Government estimate of construction costs shall be prepared and furnished to the contracting officer at the earliest practicable time for each proposed contract and for each contract modification anticipated to exceed the simplified acquisition threshold.

Estimating 149

Estimating Construction Contract Renovating 149

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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!

Contractors

BD+C

JANUARY 20, 2021

One of the major global trends that we’ve seen during the last 50 years has been the steady shift of populations from rural communities to urban areas. Globally, people are flocking from the countryside to city centers. In fact, the United Nations estimates that more than two thirds of the world’s population will live in urban areas by 2050.

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IDEA Estimating 113

Construction Business Owner

JANUARY 20, 2021

What You Can Expect to See in 2021 According to Economist Richard Branch. Elizabeth Manning. Wed, 01/20/2021 - 08:40. The ongoing pandemic notwithstanding, construction economists are cautiously optimistic about a slow, but continual, recovery in 2020. That’s the short answer. The long answer is a bit more complicated. In its 2021 Construction Outlook, Dodge Data & Analytics predicts that total United States construction starts will increase 4% over the next year, to a total of $771 billion.

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United States Maine Construction 279

Construction Equipment

JANUARY 20, 2021

In his first hour as president, President Joe Biden will sign a series of executive actions that reverse his predecessor’s orders on the border wall, immigration, climate change, and the handling of the coronavirus pandemic, according to various sources.

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Business Facilities

JANUARY 20, 2021

Energy technology company Arq will develop a new industrial facility in St. Rose, LA to produce its proprietary Arq Fuel product. - Read: Arq Investing $40M In Innovative Fuel Facility In Louisiana at BusinessFacilities.com.

Louisiana 111

Louisiana Innovation Products Industrial 111

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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!

Construction

Construction Junkie

JANUARY 20, 2021

courtesy of Liebherr. As more and more battery powered heavy construction equipment is being released to help lower noise and emissions on the jobsite, I shouldn’t be that surprised to hear about a battery powered crawler crane – but, I still am. In December, crane manufacturer – and amazingly cool crane video maker – Liebherr unveiled what they are calling the world’s first battery powered crawler cranes.

Electrical 110

Electrical Modeling Sustainability Equipment 110

BD+C

JANUARY 20, 2021

In the 1920s, the King Cole Hotel helped put Miami Beach on the map as a popular tourist destination. Automotive industry pioneer and entrepreneur Carl Fisher developed the three-story, 60-room hotel to fulfill his vision of turning vacant land into an oceanfront winter getaway. .

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Miami Industrial 105

Construction Equipment

JANUARY 19, 2021

The total number of skyscrapers completed in 2020 fell by 20 percent as the coronavirus pandemic affected construction, according to the Council on Tall Buildings and Urban Habitat’s (CTBUH) annual tall buildings report.

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Construction 118