Wed.Feb 21, 2024

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9 of the top contech deals of 2023

Construction Dive

Autonomous drone technology, metal reclamation and modular construction topped the list of the biggest contech funding rounds last year.

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Concrete Wall Panels Help Build Noncombustible Homes

The Pro Builder

Concrete Wall Panels Help Build Noncombustible Homes qpurcell Wed, 02/21/2024 - 11:24 As California’s wildfires rage and major home insurers pull out of the state , the rising risk of home fires isn’t being helped by conventional construction, says Scott Long. When one wood-frame home goes up, others nearby quickly follow, he says. “That’s why these fires are as devastating as they are.

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Fluor posts $21M loss despite higher backlog

Construction Dive

Strong awards and cash generation were countered by a large negative charge, according to one financial research analyst.

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Trimble Introduces Roadworks Paving Control Platform for Mills and Cold Planers

Civil + Structural Engineer

New version of Trimble’s next-generation paving control platform for smoother, more precise paving surfaces extends the functionality to an additional machine type WESTMINSTER, Colo. — Trimble (NASDAQ: TRMB) announced today the availability of the Trimble® Roadworks Paving Control Platform for Mills and Cold Planers, extending the functionality of Trimble’s next-generation, 3D paving control system.

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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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GlobalFoundries awarded $1.5B in CHIPS funding

Construction Dive

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

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Newforma Konekt Launches Procore Connector, a Seamless Integration for AECO Coordination and Contract Administration 

Civil + Structural Engineer

BOSTON, Mass. — Newforma , the leader in Project Information Management (PIM) software for architects, engineers, contractors, and owners (AECO) worldwide, is thrilled to announce the release of the Newforma Konekt Procore Connector, a powerful integration that seamlessly bridges the gap between the recently released web-based, cloud-hosted Newforma Konekt platform and the Procore contract administration platform.

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The Optimized Building

Build LLC Blog

BUILD picks apart a recent project for keys to improve the efficiency of rentable area The post The Optimized Building appeared first on BUILD Blog.

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Lendlease losses continue amid strategy shift

Construction Dive

The contractor and developer has narrowed the kind of U.S. projects it will take on, targeting certain East Coast sectors above a specific cost.

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Credit for Builders Still Tight But Shows Some Easing

The Pro Builder

Credit for Builders Still Tight But Shows Some Easing ibush Wed, 02/21/2024 - 09:13 Credit for residential AD&C remained constrained during Q4 2023, but the good news is that tightening is less widespread than in recent quarters Although credit for residential land acquisition, development, and construction (AD&C) during Q4 2023 remained tight, according to both the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices and the National Association of Home Builders' (NAHB

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DPR optimistic but careful about AI in new report

Construction Dive

The Redwood City, California-based contractor has a “curious, yet cautious” approach to AI and machine learning in construction.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Ivory Innovations Announces 25 Finalists for the 2024 Ivory Prize

The Pro Builder

Ivory Innovations Announces 25 Finalists for the 2024 Ivory Prize ibush Wed, 02/21/2024 - 10:53 The finalists for the prize demonstrate innovative, scalable solutions for advancing housing affordability Nonprofit Ivory Innovations has announced the finalists in its 2024 Ivory Prize for Housing Affordability. The Ivory Prize, now in its sixth year, culminates in $300,000 of grants to winners in three categories: Construction & Design, Finance, and Policy & Regulatory Reform, all focused on findi

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CIOs worry about AI’s accuracy

Construction Dive

Tech leaders are uneasy about generative AI’s shortcomings and the impact on employees as pressure mounts to deploy the technology, Juniper Networks data shows.

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Ten qualities we all want in our PMs

Civil + Structural Engineer

From The Zweig Letter : By Mark Zweig If you take an honest look at people who are really good project managers, you’ll find they have some specific personality traits and abilities that lead to their success. The owners of practically every AEC firm we talk to or work with tell us that they are trying to have better project managers. You don’t have to be a genius to understand that if you do projects as your primary source of income for your business, you are going to want to have capable proje

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Report Tracks Median Home Price Trends in Opportunity Zones

The Pro Builder

Report Tracks Median Home Price Trends in Opportunity Zones ibush Wed, 02/21/2024 - 09:21 Data from the report show that home prices in low-income neighborhoods identified as Opportunity Zones track closely with nationwide price trends The Tax Cuts and Jobs Act of 2017 defines Opportunity Zones as census tracts in or alongside low-income neighborhoods that meet certain criteria for redevelopment.

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Seamless Finance Solutions for Construction Leaders

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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Platinum Contracting of Nevada Starts Construction on Floating Docks for Shoreline Community

Civil + Structural Engineer

Las Vegas contractor installs series of water docks for luxury-enclave Shoreline Platinum Contracting of Nevada, an Inc. 5000 company, is making waves in the desert as construction is now underway on a series of all-season floating docks for Shoreline, a waterfront enclave at The Island in Lake Las Vegas. As a preferred dock installer, Platinum has begun installing permanent and removable floating docks for exclusive lakeside homes.

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Judge rejects challenge to £1.7bn Stonehenge Tunnel

Construction News

The High Court has thrown out a case brought by campaigners against the £1.7bn Stonehenge Tunnel project. Mr Justice Holgate said most of the allegations brought by Save Stonehenge World Heritage Site (SSWHS), which was seeking a judicial review of the project's development consent order,… The post Judge rejects challenge to £1.7bn Stonehenge Tunnel appeared first on Construction News.

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2024 Construction Equipment Purchase Plans: Poll Results

Equipment World

Find out what types of equipment contractors want to buy – and the hottest models in each product category.

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Disused Northumberland railway to become greenway after bridges saved from infilling

New Civil Engineer

A community interest company (CIC) in Northumberland has leased a section of disused railway to make it an active travel path after the 19th century bridges on the route were prevented from being infilled. The post Disused Northumberland railway to become greenway after bridges saved from infilling appeared first on New Civil Engineer.

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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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Didcot Power Station collapse: families and industry await answers eight years on

Construction News

“As a family it’s like we’re stuck in 2016,” says Sadie Cresswell, as the eighth anniversary of the building collapse that killed her father approaches. She has no more understanding of why it happened than she did at the time. “Unfortunately, it’s very much the… The post Didcot Power Station collapse: families and industry await answers eight years on appeared first on Construction News.

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Work on Armadale Line now underway

Roads Online

Construction of the METRONET’s Carlisle elevated train station on the Armadale Line is underway in Western Australia. WA Transport Minister Rita Saffioti said Carlisle, one of seven new stations being built as part of the upgrades, could mark numerous benefits to the community including reduced congestion. “The community is already starting to see how this project will provide significant benefits by reducing congestion, and delivering new public open space and modern infrastructure,

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White House Announces $5.8B Investment in Water Infrastructure

The Contractor Magazine

Almost half of this funding will be available as grants or principal forgiveness loans, ensuring funds reach underserved communities most in need of investments in water infrastructure.

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Harness safety with 3M fall protection solutions

Roads Online

Material provided by Motion Australia When it comes to the safety of workers in the civil construction and earthworks industry, there’s no room for compromise. That’s why 3M is proud to offer a comprehensive range of fall protection equipment designed to keep workers secure at all times. With cutting-edge technology and a commitment to safety, 3M provides reliable solutions that ensure peace of mind on any job site. 3M understands the importance of solid anchorage points in any fall protection

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Boost Growth & Efficiency with a Unified Construction Software Platform

Silos of data and outdated systems can hold your business back. It is time to switch to a modern construction software solution designed for specialty contractors. CMiC provides a platform that simplifies operations, improves visibility, and boosts efficiency. It integrates workflows like job costing, resource planning, forecasting, and compliance control into one system.

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University design to help meet the demand for health professionals

BDC Network

University design to help meet the demand for health professionals 0 qpurcell Wed, 02/21/2024 - 10:52 University Buildings Virginia Commonwealth University is a Page client, and the Dean of the College of Health Professions took time to talk about a pressing healthcare industry need that schools—and architects—can help address. Higher Education University Buildings Healthcare Facilities Laboratories Designers Architects Virtual Reality Virginia Commonwealth University is a Page client, and the D

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$140 million investment for Pilbara Hydrogen Hub

Roads Online

The finalisation of a $140 million agreement to build a hydrogen hub in Pilbara, WA, means construction on this road and intersection will start this year. The Pilbara Hydrogen Hub will be a centre for hydrogen production and export, with the potential to become an international gateway to Australian-made green steel and iron. Western Australian Premier, Roger Cook, said the hub was a key part in turning WA into a global clean energy powerhouse. “This project will be WA-produced hydrogen

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Long-Term Enhancement of Skid Steer Maintenance & Reliability

For Construction Pros

Manufacturers offer several technologies to increase these assets’ uptime.

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$230 million upgrade to Monaro Highway begins

Roads Online

The $230.5 million construction of upgrades to the Monaro Highway, south of Canberra is underway. Work on the new Lanyon Drive Interchange has begun, which will deliver safety improvements as well as reduce congestion. Federal Infrastructure, Transport, Regional Development and Local Government Minister Catherine King acknowledged the importance of the new developments.

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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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GENERAL PROCEDURE FOR A DETAILED ENERGY AUDIT

The Constructor

Energy audits play a crucial role in identifying opportunities for energy efficiency improvements in buildings. The audit process is comprehensive and iterative, typically involving several tasks tailored to the specific type and function of the building being assessed. While the sequence of tasks may vary, a general procedure can be outlined to guide the audit […] The post GENERAL PROCEDURE FOR A DETAILED ENERGY AUDIT appeared first on The Constructor.

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Economic Factors Affecting Salaries in the Construction Industry

Construction Placements

Economic Factors Affecting Salaries in the Construction Industry The major economic factors that can impact salaries in the construction industry, tactics to secure your job during economic turmoil, and ways to stay relevant in the job market during crises. The post Economic Factors Affecting Salaries in the Construction Industry appeared first on ConstructionPlacements.

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Kit Home Building – 5 finishing steps

Civil Engineer Blog

Kit homes are now more and more popular around the world. Building a kit home can save you money. By doing most of the work yourself you can make significant savings on labour costs and build an affordable home. Kit homes come in many designs and suit both rural and suburban areas. You can choose […] The post Kit Home Building – 5 finishing steps first appeared on Civil Engineer Blog.

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Bam appointed for full rebuild of Raac-afflicted school in Durham

New Civil Engineer

Bam has been appointed to construct the new building for a secondary school in Durham where Reinforced Autoclaved Aerated Concrete (Raac) is present. The post Bam appointed for full rebuild of Raac-afflicted school in Durham appeared first on New Civil Engineer.

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Scalable ERP Tailored for Small to Mid-Sized Construction Firms

Built for the construction industry, CMiC’s ERP delivers unified solutions to empower small to mid-sized firms. Consolidate project management, cost tracking, and team collaboration into one seamless platform. With tools that adapt to your business needs, CMiC simplifies communication between the office and field, ensuring greater efficiency and reduced risk.