Wed.Jun 12, 2024

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More Homeowners Are Choosing to Remodel Existing Homes Rather Than Buying New

The Pro Builder

As home prices continue to increase, renovations of existing homes are becoming a popular option among homeowners. According to Fox Business, almost 63% of homeowners would rather renovate their current homes than buy new ones. However, about one-third of those surveyed would still prefer to purchase a new home instead of remodeling. The primary reason homeowners avoid remodeling is the high cost, and about 56% of homeowners who renovate exceed their budgets.

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The ways contractors are using AI on jobsites now

Construction Dive

Benefits of using the tech on building projects include a competitive safety culture, risk mitigation and flagging contracts for delay provisions.

Contracts 396
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These Housing Markets Have Experienced the Most Significant Price Shifts Since Their 2022 Peak

The Pro Builder

In 2022, housing prices soared to new records. Now two years later, cities across the U.S. are beginning to see prices correct themselves while others are still seeing price increases. According to insight from the ResiClub blog, home prices are increasing across many Northeastern cities. Trenton, N.J., topped the list with home prices increasing by 13.3% over the past two years, followed by Hartford, Conn., which saw prices increase by 12.9% during the same period.

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Backlog shrinks after 2 months of gains

Construction Dive

While manufacturing and infrastructure spending keeps contractors busy, material price escalation has reemerged in recent months, said ABC’s chief economist.

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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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Contractors Expect to Spend More Time on Prefab Projects Over the Next 5 Years

The Pro Builder

As prefabrication grows in popularity, so does the amount of time construction workers are spending on these types of projects. According to Pro Builder's sister publication Building Design + Construction, citing survey data from consulting and investment banking firm FMI, contractors are spending 18% more of their labor and time on prefab construction projects, and it's anticipated that figure will nearly double to approximately 34% within the next five years.

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$7.85B Mountain Valley Pipeline construction complete

Construction Dive

Gas will soon flow on the much-delayed project, which received a green light from the Federal Energy Regulatory Commission on Tuesday.

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How ‘Billy the Bot’ helps Cork Howard Construction streamline accounts payable

Construction Dive

Milissa Douglas, controller for the Marietta, Georgia-based general contractor, uses the artificial intelligence-based assistant to streamline invoice management.

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Increasing the Number of Women in Construction Could Help Alleviate Labor Shortages

The Pro Builder

Boosting the number of women in the construction industry could help to alleviate the current labor shortage, and some states are experiencing a higher increase in female construction workers than others. According to the most recent data, in 2022, approximately 1.29 million women were employed in construction across the U.S., making up 10.97% of the workforce, according to the National Association of Homebuilders’ Eye On Housing blog.

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Clayco names chief information officer

Construction Dive

With experience that spans the military as well as global computing firms, Jeff Miller will oversee the contractor’s IT and security initiatives.

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The Solution to the Missing Middle

Build LLC Blog

BUILD discovers that the solution to missing middle housing relies on five key strategies. The post The Solution to the Missing Middle appeared first on BUILD Blog.

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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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Balfour Beatty wins first phase of Skye transmission scheme

The Construction Index

Balfour Beatty has been awarded the first phase of the £690mn Skye 132kV reinforcement project for Scottish & Southern Electricity Network (SSEN) Transmission.

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Elevate Efficiency. Build With Precision.

The Pro Builder

CertainTeed ONE PRECISION ASSEMBLIESâ„¢ (OPAâ„¢) custom floor, wall, and roof panel

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Cybersecurity Investments: How To Secure A Business Loan for Better IT Defense

Construction Marketing

Do you ever worry about a data breach email landing in your inbox? Cybersecurity threats are a constant concern for small businesses like yours. One attack could mean lost data, a damaged reputation, and a hefty recovery bill. The good news is that there are ways to protect your business. This guide will help you secure a loan to invest in cybersecurity, giving your company the tools to fight back.

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How to Fill the Skills Gap in Construction

For Construction Pros

The efforts each of us make to introduce construction and the opportunities available within the industry to a wider audience, the better each of us will fare.

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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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TBMs nearly finished on Sydney Metro

Roads Online

Image courtesy of the new South Wales Government. Three of four TBMs have finished their trips as tunnelling nears completion for the Sydney Metro rail to Western Sydney Airport project. The final 230 metre leg to St Marys is expected to be completed in a few weeks, with other works entering the next stage. This includes the construction of six new stations along the 23-kilometre track at St Marys, Orchard Hills, Luddenham, Airport Business Park, Airport Terminal and Bradfield.

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The Essential Progressive Management Skills of Our Time

Civil Engineer Blog

Our world has moved away from a mentality of flogging a donkey to get it to go faster. Education, business and technology have grown beyond trying to lead that beaten donkey with a carrot. Progressive methodologies and education tools have taken a leap forward in forward thinking. Business courses, business management courses, management courses, and technology […] The post The Essential Progressive Management Skills of Our Time first appeared on Civil Engineer Blog.

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RJ McLeod bought by utilities contractor

Construction News

Infrastructure and energy company OCU Group has acquired civils firm RJ McLeod for an undisclosed sum. OCU stated that the acquisition, announced today (11 June), will increase its annual revenue to more than £800m “and grows the capability and capacity for work in supporting the… The post RJ McLeod bought by utilities contractor appeared first on Construction News.

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Gordie Howe Bridge | Engineers prepare to connect decks on £3.8bn USA – Canada link

New Civil Engineer

Engineers on the C$6.4bn (£3.78bn) Gordie Howe International Bridge project are preparing to install the link between the two spans of the crossing between Detroit, USA and Windsor, Canada. The post Gordie Howe Bridge | Engineers prepare to connect decks on £3.8bn USA – Canada link appeared first on New Civil Engineer.

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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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NFL Recruitment 2024 for Management Trainees | 164 Posts | 02-07-2024

Construction Placements

NFL Recruitment 2024 for Management Trainees | 164 Posts | 02-07-2024 NFL Recruitment 2024 for Management Trainees with 164 Posts vacancies, last date to apply for this job is 02-07-2024 The post NFL Recruitment 2024 for Management Trainees | 164 Posts | 02-07-2024 appeared first on ConstructionPlacements.

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Volvo bringing largest electric wheel loader, the L120, to market

Equipment World

Volvo's new L120 Electric 20-metric-ton wheel loader is headed for select North American markets in the 4th quarter.

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London’s £220M attraction in secret World War II tunnels gains planning approval

New Civil Engineer

Proposals worth £220M to develop a cultural attraction in the deep-level subterranean wartime shelter tunnels under High Holborn have been approved by the City of London Corporation’s planning and transportation committee. The post London’s £220M attraction in secret World War II tunnels gains planning approval appeared first on New Civil Engineer.

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Restructure for McGowan

The Construction Index

Scottish civil engineering contractor McGowan Environmental Engineering has reorganised its group structure.

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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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United Utilities sets up 3D concrete printing hub in Wigan to create water assets

New Civil Engineer

United Utilities has set up a 3D concrete printing hub that is capable of printing assets for water infrastructure within hours. The post United Utilities sets up 3D concrete printing hub in Wigan to create water assets appeared first on New Civil Engineer.

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Amey on the acquisition trail

The Construction Index

Having culled the poor performing bits of the business, Amey is back in expansion and diversification mode.

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Aecom to support restoration and reconstruction of hydropower assets in Ukraine

New Civil Engineer

Aecom has announced its partnership with Ukrhydroenergo to help the company restore and reconstruct Ukraine’s hydropower assets following damage caused in the conflict with Russia. The post Aecom to support restoration and reconstruction of hydropower assets in Ukraine appeared first on New Civil Engineer.

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New trial set to transform infrastructure product standards

Roads Online

Image courtesy of Inland Rail. The New South Wales and Victorian governments have reached a new agreement that will see new requirements for all products used in either rail or road infrastructure projects as part of an Australian first trial. This trial will evaluate the effectiveness of adopting a nationally standardised approvals process for products.

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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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Labour and Conservatives clash over future of £165M Cumbria coal mine

New Civil Engineer

The Conservative Party has attacked the Labour Party for saying it would stop the £165M new coal mine in Cumbria from going ahead if it comes into power. The post Labour and Conservatives clash over future of £165M Cumbria coal mine appeared first on New Civil Engineer.

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Wates brings in new health & safety chief

The Construction Index

Wates has named Brian Long as its new group health, safety & well-being director.

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Concern over lack of climate resilience factors in local roads procurement

New Civil Engineer

Efforts to improve the climate resilience of local roads are not included as much as they should be in procurement contracts, according to senior highways representatives speaking at NCE’s Roads conference on 7 June. The post Concern over lack of climate resilience factors in local roads procurement appeared first on New Civil Engineer.

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OCU takes over RJ McLeod

The Construction Index

Private equity-owned utilities contractor OCU Group has completied the acquisition of Scottish civil engineering contractor RJ McLeod (Contractors) Limited Read Full Article: The Construction Index

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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.