Wed.Oct 16, 2024

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Family of employee killed in Baltimore work zone sues contractor, drivers

Construction Dive

In March 2023, motorists killed six construction workers on I-695. Now one of their families is suing the drivers, the state and the road builder.

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Mortgage Credit Availability Dropped During September

The Pro Builder

Mortgage credit availability decreased in September, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index (MCAI). Due to tighter lending standards, the index dropped by 0.5% to 98.5. The MCAI, benchmarked at 100 in March 2012, shows that a decline reflects stricter credit, while an increase indicates easier access. In September, the Conventional MCAI fell 1.7%, the Jumbo MCAI dropped by 2.6%, while the Conforming MCAI stayed the same.

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Despite elevated fears, contractors still lack cyber insurance

Construction Dive

Participants in a Travelers survey ranked cyber threats as their top concern for the fourth time in six years.

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10 Housing Market Trends From the Past Year

The Pro Builder

Changes in the U.S. housing market in recent years have affected both homeowners and renters. Analyzing data from the U.S. Census Bureau’s recently released 2023 American Community Survey, the Joint Center for Housing Studies of Harvard University teased out 10 housing market trends from the past year. They include changes in rental affordability, the different factors affecting homeownership costs, various financial challenges, and more.

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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.

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To improve diversity, help people get in the room: VC leader

Construction Dive

Clelia Warburg Peters, managing partner of an $88 million fund, talks about the contech environment and welcoming different perspectives when they land on your doorstep.

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Seawall will raise quality of life for shore communities

Civil + Structural Engineer

Staten Island, New York By JoAnne Castagna, Ed.D. During the intense winds and flooding of Hurricane Sandy in 2012, Joseph McAllister, an electrician, was driving around South Beach, Staten Island, New York trying to help his neighbors stranded in the dark. “I went into my home to get a flashlight and when I left, I couldn’t believe what I saw. The wind pushed the roof off a large catering hall behind my house and it came crashing down, almost landing on a kid, almost killing him!

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Affordability Improves for Both Single-Family and Multifamily Renters

The Pro Builder

Affordability for renters appears to have improved month-over-month. According to housing market platform Zillow, the median U.S. rental household spends about 30% of their income on rent as of September 2024. This is typically the threshold for affordability, and anything over this can be difficult to afford. While the income needed to comfortably afford typical U.S. rent has risen 17.6% since September 2021 to $81,995, wages have grown at a similar pace, keeping rental affordability stable.

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Haselden opens Montana office

Construction Dive

The Denver-based contractor is expanding its reach beyond Colorado and Wyoming into the rapidly growing market around Bozeman.

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These Cities Spend the Most on Home Improvement

The Pro Builder

Home improvement spending surged during the COVID-19 pandemic, before leveling off in 2022, and then declining in 2023. According to Construction Coverage, the number of single-family home improvement loans peaked at nearly 745,000 in 2022 but dropped to 565,000 in 2023. However, spending patterns vary across the U.S. with factors such as economic conditions and cost of living playing a major role.

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Elizabeth Line wins 2024 Stirling Prize for architecture

The Construction Index

The Royal Institute of British Architects (RIBA) has named the Elizabeth Line – Crossrail, as was – as the winner of the 2024 RIBA Stirling Prize.

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Stay Ahead in 2024 with Proven Strategies for Success

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.

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Mortgage Credit Availability Drops in September

The Pro Builder

Mortgage credit availability decreased in September, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index (MCAI). Due to tighter lending standards, the index dropped by 0.5% to 98.5. The MCAI, benchmarked at 100 in March 2012, shows that a decline reflects stricter credit, while an increase indicates easier access. In September, the Conventional MCAI fell 1.7%, the Jumbo MCAI dropped by 2.6%, while the Conforming MCAI stayed the same.

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Transpennine Route Upgrade: green light for Leeds to Micklefield upgrade works

New Civil Engineer

Upgrades of the railway between Leeds and Micklefield as part of the Transpennine Route Upgrade (TRU) will go ahead following the granting of a Transport And Works Act Order (TWAO). The post Transpennine Route Upgrade: green light for Leeds to Micklefield upgrade works appeared first on New Civil Engineer.

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10 Trends to Take Away From the Housing Market Over the Last Year

The Pro Builder

The U.S. housing market has evolved in recent years, with impacts on homeowners and renters shifting along with it. Analyzing data from the Census Bureau’s recently released 2023 American Community Survey, the Joint Center for Housing Studies of Harvard University rounded up 10 trends that can be taken away from the housing market over the last year.

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Career Pathways for Civil Engineers in Australia: Skills, Trends, and Opportunities

Construction Placements

Career Pathways for Civil Engineers in Australia: Skills, Trends, and Opportunities Discover the dynamic career opportunities for civil engineers in Australia, including essential skills, latest industry trends, and emerging growth areas in 2024. The post Career Pathways for Civil Engineers in Australia: Skills, Trends, and Opportunities appeared first on ConstructionPlacements.

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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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Are You up to Code?

The Pro Builder

Leviton AFCI outlets help protect your customers from the risk of fire.

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Administrators halt debt pursuit in collapsed contractor case

Construction News

Administrators of a ÂŁ68m-turnover collapsed fit-out specialist have suspended their collection of outstanding debts following months of painstaking work. Following “several months of pursuing the remaining debts with no significant developments”, administrators for fit-out specialist Twenty 1 Construction have decided to suspend that work after… The post Administrators halt debt pursuit in collapsed contractor case appeared first on Construction News.

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Wrong tool for the job

The Construction Index

A Cheshire farm owner has been fined after a man fell to his death from a forklift truck while attempting to fix a roof.

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Gympie Bypass opens to traffic

Roads Online

Image: minister.infrastructure.gov.au The $1.162 billion Federal and Queensland government-funded Gympie Bypass has opened to traffic, cutting travel times, improving motorist safety, and access and flood immunity. The project has included construction of a new 26-kilometres, four-lane divided highway between the existing Bruce Highway interchange at Woondum, just south of Gympie, and Curra in Queensland.

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Outdated ERP? Spot the Signs Before It Stalls Your Progress

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.

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How standards are being challenged on HS2’s Delta Junction viaducts

New Civil Engineer

Precast segmental viaduct construction for HS2’s Delta Junction required a challenge to long-established standards and led to the deployment of a UK-first installation method. The post How standards are being challenged on HS2’s Delta Junction viaducts appeared first on New Civil Engineer.

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Komatsu unveils HD465-10 and HD605-10 dump trucks

Equipment World

The 60- and 70-ton trucks have more horsepower, improved fuel efficiency and enhanced driver assistance features compared to the -8 models.

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New aviation policy paves way for drone asset inspections beyond line of sight

New Civil Engineer

The UK’s aviation regulator has announced significant changes that will enable drones to operate beyond the visual line of sight (BVLOS) for infrastructure inspection and site security. The post New aviation policy paves way for drone asset inspections beyond line of sight appeared first on New Civil Engineer.

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PHCC Awards Its Highest Honor to Keith Bienvenu of Louisiana

The Contractor Magazine

Col. George D. Scott, the award acknowledges a PHCC member who has provided years of service and unselfish devotion to the association and to the industry.

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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.

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Hinkley Point C | Final 423t liner ring lifted into place on second reactor building

New Civil Engineer

Hinkley Point C has hit another milestone with the successful lift of the final 423t liner ring into place on the second reactor, which is being built 20-30% faster than the first. The post Hinkley Point C | Final 423t liner ring lifted into place on second reactor building appeared first on New Civil Engineer.

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Piling begins for Curzon Street Station

The Construction Index

HS2 contractors have begun piling work for the new Curzon Street Station in Birmingham.

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Network Rail underspent by ÂŁ99M on its accessibility programme during last five years

New Civil Engineer

Network Rail underspent by ÂŁ99M and failed to complete 72 projects in its programme to make stations more accessible during Control Period 6 (CP6), 2019 to 2024. The post Network Rail underspent by ÂŁ99M on its accessibility programme during last five years appeared first on New Civil Engineer.

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Transport programs boosting local communities

Roads Online

Image: stock.adobe.com/beeboys. Several communities across Victoria will share in a $1.5 million investment through the Flexible Local Transport Solutions Program (FLTSP) to deliver small scale transport projects. The investment will support 16 community led projects, including RMIT University researchers who will use a $100,000 grant from the FLTSP to develop a modelling tool to assist with decision making to deliver cycling infrastructure projects across regional Victoria and fast track the d

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12 Reasons Specialty Contractors Need a Construction-Specific Software Platform

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.

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Connected and Autonomous Plant in UK construction could deliver ÂŁ61bn economic boost

New Civil Engineer

A new study by Costain suggests that integrating Connected and Autonomous Plant (CAP) on UK construction sites could inject ÂŁ61bn into the economy by 2050 through various supply chain effects. The post Connected and Autonomous Plant in UK construction could deliver ÂŁ61bn economic boost appeared first on New Civil Engineer.

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How Tech Improves Construction Industry Networking

For Construction Pros

Digital networking tools are effective, easy-to-use options for contractors of all experience levels.

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DP World announces ÂŁ1bn expansion of London Gateway to boost UK logistics

New Civil Engineer

Global logistics firm DP World has unveiled plans for a £1bn expansion of its London Gateway, aiming to establish it as the UK’s largest container port within five years. The post DP World announces £1bn expansion of London Gateway to boost UK logistics appeared first on New Civil Engineer.

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DuPont Demo-Cast: ArmorWall™ System: A 5-in-1 exterior wall system

Construction Specifier

Learn how the DuPont ArmorWall System can help save you time, labor and material costs on your next project. The post DuPont Demo-Cast: ArmorWall™ System: A 5-in-1 exterior wall system appeared first on Construction Specifier.

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The Ultimate Checklist for Choosing the Right Construction Management Software

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.