5 things to know about industrialized construction
Construction Dive
AUGUST 16, 2024
Focused on technology and manufacturing, the approach can optimize a project’s speed and efficiency, but adoption has been slow.
Fri.Aug 16, 2024
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Slowdown in Housing Starts Continues in July
The Pro Builder
AUGUST 16, 2024
Housing starts continued to decline in July in both the single-family and multifamily sectors. According to the Calculated Risk blog, privately-owned housing starts were at a seasonally adjusted annual rate of 1.24 million as of July, down 6.8% from June and down by 16% from the year prior. Single-family housing starts decreased to a rate of 851,000, compared with 991,000 the month prior.
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DOL to hold Davis-Bacon seminar for contractors
Construction Dive
AUGUST 16, 2024
The Labor Department will offer a free online session on Aug. 29 to discuss how to comply with newly updated prevailing wage rules.
3 Myths Holding Millennials and Gen Z Back From Becoming Homeowners
The Pro Builder
AUGUST 16, 2024
Despite young people frequently thinking about homeownership, misconceptions about the housing market might be holding them back. According to housing market platform Realtor.com, 40% of Generation Z and Millennials think about buying a home at least once a week, but many feel discouraged by today's economic challenges. Additionally, more than half (56%) believe they're in a worse position to buy compared to previous generations.
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
‘Momentum’ the word of the day for Balfour Beatty
Construction Dive
AUGUST 16, 2024
The London-based builder reversed its decline in pre-tax profit and signaled that it is eyeing big opportunities in U.K. and U.S. markets.
Majority of US Housing Markets Saw Price Increases During Q2 2024
The Pro Builder
AUGUST 16, 2024
Home prices continue to rise in most U.S. housing markets. According to a recent report from the National Association of Realtors, nearly 90% of housing markets saw price gains in Q2 2024, with 13% of the areas tracked in the report experiencing double-digit increases. Some areas, however, continue to see higher rates of growth than others. San Jose, Calif., made history with a median single-family home price of $2 million, a first since prices began being tracked in 1979.
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More Trending
Housing Start Slowdown Continues in July
The Pro Builder
AUGUST 16, 2024
Housing starts continued to decline in July in both the single-family and multifamily sectors. According to the Calculated Risk blog, privately-owned housing starts were at a seasonally adjusted annual rate of 1.24 million as of July, down 6.8% from June and down by 16% from the year prior. Single-family housing starts decreased to a rate of 851,000, compared with 991,000 the month prior.
The Cash Flow Survival Guide For Your Construction Business
Contractor Bookkeeping
AUGUST 16, 2024
Avoiding cash flow crises is crucial for the success and sustainability of your construction business. Managing cash flow is vital for small business owners. Poor cash flow management can create significant challenges even if your business is profitable. Cash is a fact; Profit is an opinion A cash crisis can be emotionally devastating and even kill your business.
Two more firms facing administration
Construction News
AUGUST 16, 2024
Two more construction companies are facing administration, according to court filings. Norwich-based steelwork contractor Fourbay Structures filed a notice of intention to appoint an administrator on Thursday (15 August). It came a day after Hodgkinson Builders Limited, the social housing division of Derby-based contractor Hodgkinson,… The post Two more firms facing administration appeared first on Construction News.
How to Choose the Best CDR Writer for Australian Immigration
Construction Placements
AUGUST 16, 2024
How to Choose the Best CDR Writer for Australian Immigration Choosing the right CDR writer is crucial for engineers aspiring to migrate to Australia. Learn how to ensure your Competency Demonstration Report meets Engineers Australia's standards. The post How to Choose the Best CDR Writer for Australian Immigration appeared first on ConstructionPlacements.
Stay Ahead in 2024 with Proven Strategies for Success
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The specialty contractor space is facing a transformative period, driven by labor shortages, rapid technological advancements, and increasing regulatory requirements. In 2024, contractors must navigate complex challenges like fragmented management systems and delays in payment. This guide offers a deep dive into the key disruptions reshaping the industry over the next 24 months, including digitization, sustainable practices, and modular construction.
‘This shouldn’t have happened’: Women into Construction shuts down
Construction News
AUGUST 16, 2024
Women into Construction is being wound up, after a “perfect storm” left the organisation “no longer viable”. Managing director Kath Moore told Construction News that the organisation, set up 16 years ago to promote gender equality in the industry, had been caught by an under-the-radar… The post ‘This shouldn’t have happened’: Women into Construction shuts down appeared first on Construction News.
HS2 looks at reviving Euston station spoil-by-rail plan
New Civil Engineer
AUGUST 16, 2024
HS2 Ltd is examining whether plans to remove waste material from construction at Euston could be revived, as it helps to revise plans for the area, NCE understands. The post HS2 looks at reviving Euston station spoil-by-rail plan appeared first on New Civil Engineer.
Local JV wins NI’s biggest ever education build
Construction News
AUGUST 16, 2024
The biggest education project ever built in Northern Ireland has finally been agreed. A joint venture worth £375m has been signed between two local firms to build a large school campus in Omagh. The Strule Shared Education Campus will host 4,000 pupils in six schools… The post Local JV wins NI’s biggest ever education build appeared first on Construction News.
Testing completed on Renfrew swing-bridge
The Construction Index
AUGUST 16, 2024
Renfrewshire Council has completed testing of the first opening road bridge across the River Clyde.
Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads
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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.
Aecom to lead ‘resilient design’ on £401.1M dual bridge replacement in New York
New Civil Engineer
AUGUST 16, 2024
Aecom has been appointed lead designer for the replacement of two bridges along the Bronx River Parkway in New York. The post Aecom to lead ‘resilient design’ on £401.1M dual bridge replacement in New York appeared first on New Civil Engineer.
Unite wins union access to HS2 tunnel workers
The Construction Index
AUGUST 16, 2024
The Unite union has won a five-year battle to get access to tunnel workers employed by HS2.
First stage of planning submitted for Western Isles Link Project
New Civil Engineer
AUGUST 16, 2024
Scottish & Southern Electricity Networks Transmission (SSEN) has submitted a proposal of application notice (Pan) for a section of its Western Isles Link Project, outlining an area on the Isle of Lewis where it plans to work. The post First stage of planning submitted for Western Isles Link Project appeared first on New Civil Engineer.
Video: A Closer Look at Caterpillar’s Track Loaders
Equipment World
AUGUST 16, 2024
A Cat expert outlines the company's three track loaders – the 853, 963 and 973 – their advantages and gives a brief history of track loaders on The Dirt
Outdated ERP? Spot the Signs Before It Stalls Your Progress
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Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.
400 piles installed at Network Rail’s Durham landslip project
New Civil Engineer
AUGUST 16, 2024
Three-quarters of work on a Network Rail project to secure part of the East Coast Main Line from landslips has been completed, the company has said. The post 400 piles installed at Network Rail’s Durham landslip project appeared first on New Civil Engineer.
Settlement Issues Bog Down Louisiana Bridge Project, Resulting in Daily $10K Fines
ENR Construction
AUGUST 16, 2024
While the extent of settling is still being evaluated, it's enough to require the replacement of bridge approaches, pushing the completion of the project from April 2024 into 2025.
Government ‘failure’ to fund internal drainage boards criticised by District Councils’ Network
New Civil Engineer
AUGUST 16, 2024
Communities and infrastructure are being left at risk of flooding due to the government’s failure to properly fund internal drainage boards (IDBs), according to the District Councils’ Network (DCN). The post Government ‘failure’ to fund internal drainage boards criticised by District Councils’ Network appeared first on New Civil Engineer.
CLC retentions project scuppered by lack of data sharing
Construction News
AUGUST 16, 2024
The Construction Leadership Council (CLC) is abandoning a tech project aimed at eliminating retentions due to a lack of industry engagement. In October 2023 the CLC announced it was launching a pilot project with trade body Actuate UK, Cranfield University and not-for-profit Get It Right… The post CLC retentions project scuppered by lack of data sharing appeared first on Construction News.
The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation
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.
Southern Water awards AMP8 capital delivery frameworks contracts
New Civil Engineer
AUGUST 16, 2024
Southern Water has awarded two new capital delivery framework contracts to eight companies for the AMP8 control period covering 2025 to 2030. The post Southern Water awards AMP8 capital delivery frameworks contracts appeared first on New Civil Engineer.
$1.66B Honolulu Light Rail Line Extension Awarded to Tutor Perini
ENR Construction
AUGUST 16, 2024
The extension will include six rail stations and roughly three miles of elevated rail guideway east through downtown Honolulu.
Top Selling Accent Chairs According to Amazon!
CCR Magazine
AUGUST 16, 2024
When it comes to decorating a living space, accent chairs are essential not for adding flair and style but for offering comfortable seating options. Choosing the chair can be overwhelming due to the wide range of styles, sizes, and materials available. Fortunately, Amazon, a retailer, offers a diverse selection of top-selling accent chairs that cater to different preferences and budgets.
Startup Will Build $1.4B Carolina Sodium-Ion 'Gigafactory,' First in US
ENR Construction
AUGUST 16, 2024
The 1.2-million-sq-ft plant in Edgecombe County, NC, would have 24-GW capacity to produce sodium-ion batteries for microgrids and data centers—the first large domestic producer of the alternative technology to lithium-ion.
12 Reasons Specialty Contractors Need a Construction-Specific Software Platform
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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.
iBuild Camp Partners with Orlando to Shape Future Leaders
CCR Magazine
AUGUST 16, 2024
The iBuild Middle School Summer Construction Camp, a transformative educational initiative, successfully concluded its latest session, thanks to the generous sponsorship of Hensel Phelps, Competitive Edge Partners, Balfour Beatty, Skanska, and Mack Contracting. This year, the camp provided an extraordinary hands-on experience for young students eager to explore the dynamic world of construction.
Chicagoland Contractor Sentenced to Five Years in Assessor Bribe Scheme
ENR Construction
AUGUST 16, 2024
Alex Nitchoff, the owner and president of Oakk Construction was sentenced to five years in prison for his part in a kickback scheme August 14.
Unions agree access to HS2 London tunnel sites
Construction News
AUGUST 16, 2024
Unions have agreed access to HS2 London tunnel sites, ending a five-year battle. SCS, the joint venture (JV) between Skanska, Costain and Strabag, has signed an agreement with unions Unite and GMB allowing union officials to visit workers based at Euston on site. Union members… The post Unions agree access to HS2 London tunnel sites appeared first on Construction News.
Battery Startup Natron Will Build $1.4B First US 'Gigafactory' in Carolinas
ENR Construction
AUGUST 16, 2024
The 1.2-million-sq-ft plant in Edgecombe County, NC, would have 24-GW capacity to produce sodium-ion batteries for microgrids and data centers—the first large domestic producer of the alternative technology to lithium-ion.
The Ultimate Checklist for Choosing the Right Construction Management Software
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Managing construction projects in disparate systems and spreadsheets is difficult due to numerous moving parts and diverse stakeholder needs. A dynamic, intuitive software solution is essential for everyone involved—owners, designers, engineers, Construction Managers, and General Contractors. Companies need a secure, centralized system to manage documents, scheduling, financials, and more.
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