Fri.May 31, 2024

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Utilizing The Power Of Financial Modeling In The Construction Industry

Contractor Bookkeeping

In the ever-evolving world of construction, financial modeling is a game-changer. It drives intelligent decision-making, minimizes risks, and ensures the revenue health of projects. Crafting precise and insightful financial models is a valuable tool for construction companies. It offers a panoramic view of the asset landscape and enables proactive planning and strategic management.

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1.5M Housing Units Need to Be Added to Balance US Housing Market

The Pro Builder

1.5M Housing Units Need to Be Added to Balance US Housing Market csweeney Fri, 05/31/2024 - 11:55 The housing market will likely see challenges persist if inventory isn’t added to accommodate growing demand Although housing inventory across the U.S. has increased over the last few years, recent data indicates builders still have a long way to go before they meet demand.

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Construction Begins on DSRT Surf Resort in the Inland Empire

Civil + Structural Engineer

Designed by AO and developed by Beach Street, the 17-acre destination will be California’s first to offer man-made surf waves open to the public Palm Desert, Calif. – Last week marked a significant milestone for wave-seekers and surf enthusiasts as construction began on the highly anticipated DSRT Surf Resort. This 17-acre AO-designed destination in Palm Desert, developed by Beach Street Development & Operations, will be California’s first facility to offer man-made surf waves open to the p

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Consigli acquires Lendlease’s New York, New Jersey construction operations

Construction Dive

The sale includes about 45 current, under contract and pre-construction projects, along with the majority of the Australian-based contractor’s U.S. workforce.

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Expert Guide to Making the Best Construction ERP Decision for Your Firm

Choosing the right ERP system is a pivotal decision for any construction company. Our buyer’s guide is crafted to provide leaders with the essential knowledge needed to make informed choices. This guide delves into the critical aspects of selecting a construction ERP, including making the right decision, building internal support, and identifying the best software for your organization.

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MILESTONE ACHIEVED IN CONSTRUCTION OF CLYDE CROSSING BRIDGE IN RENFREWSHIRE

Civil + Structural Engineer

H&H, in partnership with Roughan & O’Donovan (ROD), marks a significant milestone in the construction of the Clyde Crossing Bridge in Renfrewshire, Scotland. The north leaf was shipped from Arendonk, Belgium, to Vlissingen, Netherlands, and travelled by barge to Renfrewshire. Recently, the second section was floated into place using SPMTs (self-propelled modular transporters).

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How to Boost Construction Equipment Efficiency with CMMS?

Prodyogi

Alright, let's talk construction. You know, where every hammer swing and concrete pour needs to be on point. It's a world where time is gold, and everything needs to fit together just right. That's why managing construction gear is like the secret sauce for success. Whether you're building a giant skyscraper or your dream home, you've got a ton of heavy machinery doing the heavy lifting.

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New York leads top 50 US markets for most hotels under construction

Construction Dive

The market’s pipeline includes a “noteworthy amount” of conversions, tracking with other cities across the country, according to Lodging Econometrics.

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FEMA Announces Additional $300M for National Flood Insurance Program

The Pro Builder

FEMA Announces Additional $300M for National Flood Insurance Program csweeney Fri, 05/31/2024 - 10:07 In total, $660 million in funding has been allocated to strengthen infrastructure in the US The Federal Emergency Management Agency (FEMA) recently announced an additional $300 million in Swift Current funding, an initiative aimed at helping National Flood Insurance Program policyholders recover from flooding.

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May 2024 wins: Contractors report their latest awards

Construction Dive

Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Granite, Flatiron and Tutor Perini.

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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.

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Despite Having Nondiscriminatory Housing Laws, LGBTQ+ Community Still Can’t Afford Homes in These Areas

The Pro Builder

Despite Having Nondiscriminatory Housing Laws, LGBTQ+ Community Still Can’t Afford Homes in These Areas csweeney Fri, 05/31/2024 - 12:04 In cities where LGBTQ+ people make up the largest share of the adult population, less than 10% of homes are affordable While many areas have nondiscriminatory housing laws in place, members of the LGBTQ+ community may still not be able to find attainable housing in these locales.

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Skanska tops out NC State STEM building

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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The US Housing Market Faces Uncertainty, But There Are Signs of Recovery Ahead

The Pro Builder

The US Housing Market Faces Uncertainty, But There Are Signs of Recovery Ahead csweeney Fri, 05/31/2024 - 12:13 There’s improvement, just don’t expect the housing market to return to pre-pandemic norms Price increases, inflation rate hikes, and a looming recession that has yet to fully materialize, have made traditional aspects of the housing market difficult to analyze in recent years.

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A Letter from the Editor: Q2 2024

Civil + Structural Engineer

Solar Eclipses, Rising Stars, and Drones By Luke Carothers, Editor-in-Chief, Civil+Structural Engineer Media We are just days away from our second quarterly publication of Civil+Structural Engineer Magazine. For the first time, this special issue will contain both the winners of the 2024 Engineering Drone Video of the Year (EDVY) competition and Zweig Group’s Rising Stars Award.

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Sustainable Construction: Practical Strategies for Reducing Material Waste

In the construction industry, efficient material management and waste reduction are essential for both environmental sustainability and economic success. This detailed eBook provides an in-depth look at methods to cut waste and boost material efficiency. Topics covered include sustainable design principles, utilizing BIM for waste minimization, precise estimating and ordering, and effective storage and handling of materials.

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Static Equipment Engineer: Job Description, Career Paths, and Job Opportunities

Construction Placements

Static Equipment Engineer: Job Description, Career Paths, and Job Opportunities Explore the vital role of a Static Equipment Engineer, their responsibilities, skills, career paths, and job opportunities. Learn about industry trends and professional development opportunities that can elevate your career in static equipment engineering. The post Static Equipment Engineer: Job Description, Career Paths, and Job Opportunities appeared first on ConstructionPlacements.

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Carillion collapse left council with £13.5m defects bill

Construction News

Oxfordshire County Council has had to spend more than £13m on fixing defects in buildings once worked on by Carillion. The council found problems with dozens of schools that required remediation in the years following the company’s collapse, the BBC reported yesterday. Carillion was the… The post Carillion collapse left council with £13.5m defects bill appeared first on Construction News.

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Construction Engineering Specializations: A Comprehensive Guide

Construction Placements

Construction Engineering Specializations: A Comprehensive Guide Discover the diverse specializations in construction engineering, from civil and structural engineering to green building and smart city technologies. Learn about the roles, responsibilities, and career opportunities in each area. The post Construction Engineering Specializations: A Comprehensive Guide appeared first on ConstructionPlacements.

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Oil and Gas Digital Twin Technology and Generative AI

Safety Services Company

The world’s energy demands continue to rise, particularly in the Oil and Gas industry. This creates a growing need to embrace sustainability and optimize operations with innovative technlogies. Exploring the integration of Oil and Gas Digital Twin technology in this sector not only highlights advancements but also sets the stage for significant operational transformations.

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The Art of Contingency Planning: Dealing with Unforeseen Costs

Contingency planning is a strategic plan to allocate resources, time, and money if “all hell breaks loose” on a project. It considers risk mitigation and planning for a worst-case scenario.  Contingency planning in construction is necessary. You're expected to throw in a percentage to cover a contingency plan in your estimates but is it enough? There is an art to this type of planning and, if project leaders aren’t careful, a contingency plan could cost the company a lot more than lapsed deadlin

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Top 50 HVAC Engineer Interview Questions and Answers

Construction Placements

Top 50 HVAC Engineer Interview Questions and Answers Get ready for your HVAC engineer interview with this comprehensive list of the top 50 questions and answers, tailored for both freshers and experienced professionals. The post Top 50 HVAC Engineer Interview Questions and Answers appeared first on ConstructionPlacements.

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Labour plots public energy company based on renewables funded by oil and gas firm tax

New Civil Engineer

The Labour Party has pledged to set up a publicly owned energy company focused on building UK renewables within months of coming into power if it wins the General Election. The post Labour plots public energy company based on renewables funded by oil and gas firm tax appeared first on New Civil Engineer.

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Under 30 All-Stars of 2024

The Contractor Magazine

Where are the young people entering the plumbing trade? They're here! Meet three young tradesmen and hear their stories of success.

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Volvo's new EC230 is largest electric excavator on U.S. market

Equipment World

Volvo CE announced the 23-metric-ton excavator's market launch at Advanced Clean Transportation (ACT) Expo in Las Vegas.

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Future-Proof Your Firm: Discover the Power of Next Gen Construction ERP

In the face of rising customer expectations and evolving industry standards, staying ahead in construction demands innovation. A Next Generation Construction ERP is designed to meet these challenges head-on. By integrating this advanced system into your tech stack, you empower your team with a single source of truth, enhancing decision-making and operational efficiency.

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Monthly mergers: Biggest engineering partnerships and acquisitions in May 2024

New Civil Engineer

In the first of our new monthly round-up of partnerships, mergers and acquisitions in the engineering sector, we have news from Mott MacDonald, Stantec, Turner & Townsend and more. The post Monthly mergers: Biggest engineering partnerships and acquisitions in May 2024 appeared first on New Civil Engineer.

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Election 24: Builders’ federation urges wide-ranging government action

Construction News

The next government should fund building-safety remediation works, abolish retentions and ban late-paying firms from winning public sector jobs, according to the National Federation of Builders (NFB). In its Supporting Construction to Power Growth manifesto, released yesterday (30 May), the industry body also urges a… The post Election 24: Builders’ federation urges wide-ranging government action appeared first on Construction News.

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Snowy 2.0 | Engineers working to remove TBM trapped in ‘very hard’ rock for two weeks

New Civil Engineer

Engineers on Australia’s Snowy 2.0 pumped hydro scheme are using high-pressure water jets in attempts to free a tunnel boring machine (TBM) that has been stuck for over two weeks. The post Snowy 2.0 | Engineers working to remove TBM trapped in ‘very hard’ rock for two weeks appeared first on New Civil Engineer.

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Find Your Best Remodeling Contractor in Vancouver

Civil Engineer Blog

Service Group Construction is a reputable, high quality building contractor in the Vancouver, WA/Portland, OR Metro area, with over 20 years experience in all aspects of home construction, renovation and remodeling. Kitchen remodeling, bathroom remodeling, roofing or a completely new building or addition can all be done professionally, and within the agreed budget.

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From Plan to Reality: Unlocking the Power of Aerial Imagery for AEC

Aerial imagery has emerged as a necessary tool for architecture, engineering, and construction firms seeking to improve pre-construction site analysis, make more informed planning decisions, and ensure all stakeholders have access to an accurate visualization of the site to keep the project moving forward. Download our guide and take a deeper look at how aerial imagery can be leveraged to drive project efficiency by reducing unnecessary site visits and providing the accurate details required to

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Election 24: Industry leaders slam Tory apprenticeships pledge

Construction News

The Conservative Party’s election pledge to provide 100,000 new apprenticeships by 2029 has received a cold response. A leading construction academic dismissed the £885m plan as “nonsense”, while a senior executive at one contractor described it as “simply smoke and mirrors”. If it wins the… The post Election 24: Industry leaders slam Tory apprenticeships pledge appeared first on Construction News.

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From mass masonry to veneer: The evolution of cavity wall design

Construction Specifier

By Danielle DiDomizio, P.E., Amarantha Quintana-Morales, AIA, and Matthew Normandeau, P.E. The design of contemporary cavity wall assemblies is the result of a century of trial and error. During the transition from mass masonry walls to the “four barrier” (i.e. water, air, vapor, and thermal barrier) assemblies of today’s construction, the “early veneer walls” constructed between the mid- to late-20 th century emerged.

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Sustainable Building Practices: Integrating Green Technologies In Construction

UK Construction Blog

The post Sustainable Building Practices: Integrating Green Technologies In Construction appeared first on UK Construction Blog. Sustainable building practices are becoming increasingly important in the construction industry. With a growing emphasis on reducing carbon footprints and enhancing energy efficiency, integrating green technologies into construction projects is essential.