Wed.May 15, 2024

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Qualities of a worthy successor

Civil + Structural Engineer

By Ezequiel Tovar , Ownership Transition Analyst, Zweig Group From The Zweig Letter What qualities give founders peace of mind and the necessary trust to hand over the reins of their business? There are crucial components that will allow the founder(s) of your firm to confidently sell to the next tier of leaders. Succession planning is not only a time for the owners of the business to reap the rewards of their labor, but, most importantly, it’s a time to invest in the success of the next generat

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Construction input prices jump again, continue 2024’s upward climb

Construction Dive

A new ABC report points to yet another sign that inflation is accelerating and that interest rates are set to stay higher for longer.

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How 2023's Housing Market Conditions Are Affecting the 2024 Housing Market

The Pro Builder

How 2023's Housing Market Conditions Are Affecting the 2024 Housing Market rbinsacca Wed, 05/15/2024 - 15:00 Last year ended on an optimistic note, but persistent headwinds still exist to keep 2024 from getting the housing market back to pre-pandemic levels Charles Shinn Jr. Despite being well into 2024 already, it's now possible—and important—to look back at the previous year as a reminder of those housing market conditions and how they're likely to affect the current year.

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As backlog rises, so does contractors’ confidence

Construction Dive

New work increased 2.4% last month, but only time will tell if construction optimism is justified in the face of fresh headwinds, said ABC’s chief economist.

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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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Atlanta’s Hartsfield-Jackson Airport Begins Concourse D Upgrade

Civil + Structural Engineer

As program manager, WSP provides comprehensive support for innovative modular construction plan at world’s busiest airport. ATLANTA — WSP, a leading engineering, environment and professional services consultancy, joined airport, city and federal leaders, including U.S. Transportation Secretary Pete Buttigieg, for the start of a long-awaited expansion of Concourse D at Hartsfield-Jackson International Airport.

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Trimble acquires payments, compliance platform Flashtract

Construction Dive

It’s the contech giant’s third acquisition of a niche technology provider in just over a year.

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More Trending

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Earnings roundup: Data centers, water projects dominate public contractors’ focus

Construction Dive

On the latest round of earnings calls, some of the country’s largest commercial builders talked about the boom in computing facilities and the increased need for resilience in public works.

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NIC review: ‘do nothing’ scenario for rail infrastructure in cancelled HS2 area ‘not sustainable’

New Civil Engineer

The National Infrastructure Commission (NIC) has warned that not upgrading rail infrastructure north of Bimringham that that the cancelled High Speed 2 (HS2) Phase 2 was due to serve is not a sustainable option. The post NIC review: ‘do nothing’ scenario for rail infrastructure in cancelled HS2 area ‘not sustainable’ appeared first on New Civil Engineer.

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5 contech firms announce funding in 2024’s first half

Construction Dive

Drone-powered roof inspections, cloud-based estimating solutions and fungi-fueled recycling tech earned venture capital in recent months.

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No Compromise on Style

The Pro Builder

No Compromise on Style kcichowicz Wed, 05/15/2024 - 13:16 Join Savaria expert Allan Thompson for an overview of the cab fixtures, finishes, gates and automatic doors available on our traditional home elevators. Enabled Active No Compromise on Style Video ID 6352965721112 Video Duration 0:04:14.

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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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Vast majority of Gen Z tech workers say they’d consider new career opportunities

Construction Dive

With high dissatisfaction rates, young tech workers pointed to career development as a vital aspect of engagement and retention in a recent survey.

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New Heat Pump Takes a Sleek Approach to Home Climate Solutions

The Pro Builder

New Heat Pump Takes a Sleek Approach to Home Climate Solutions csweeney Wed, 05/15/2024 - 14:14 Startup Quilt is putting a fresh face on heat pumps to save homeowners money on their energy bills Quilt, a startup launched by former Google designer Paul Lambert, aims to boost the adoption of heat pumps by tackling two issues that currently deter many consumers from getting a heat pump for their homes: information about heat pump installation and costs isn’t readily available to consumers, and heat

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Barry Read Named Industrial + Logistics Senior Lead at HFA

Civil + Structural Engineer

Read, a licensed architect with over three decades of industry experience, joins the Industrial + Logistics senior leadership team based in HFA’s Dallas-Fort Worth studio. BENTONVILLE, Arkansas — HFA Architects + Engineers has named Barry Read , AIA, Industrial + Logistics Senior Lead in the firm’s DFW studio. During his nearly 35 years as a licensed architect, Read has had the opportunity to work on various public and private sector projects, including working with the Department of D

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Median US Down Payment Falls by More than $4,000

The Pro Builder

Median US Down Payment Falls by More than $4,000 csweeney Wed, 05/15/2024 - 12:14 The recent decrease in costs is welcome relief for homebuyers, but many West Coast markets remain expensive While single-family home prices remain elevated, it appears costs for buyers are finally falling. According to housing market data platform Realtor.com, the median down payment for a house in the U.S. has dropped from $30,400 to $26,000 quarter-over-quarter.

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Simplify Complex Financial Workflows with CMiC’s Powerful Tools

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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AI tool predicts hold-ups

The Construction Index

An Israeli technology company has come up with a tool that predicts delays on construction projects.

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Single-Family Permits Increased by 26% During March

The Pro Builder

Single-Family Permits Increased by 26% During March csweeney Wed, 05/15/2024 - 12:45 The total number of single-family permits reached 241,311 year-to-date, with the West seeing the greatest rise Single-family housing supply is growing, with recent data showing an increase in housing permits of nearly 26% year-over-year, the National Association of Home Builders’ Eye On Housing reports.

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Edinburgh approves £80m Ocean Point 2

The Construction Index

The transformation of Leith continues with the green light for Ocean Point.

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Green Upgrade Calculator Brings Clarity to Energy Efficiency

The Pro Builder

Green Upgrade Calculator Brings Clarity to Energy Efficiency csweeney Wed, 05/15/2024 - 13:15 The tool can be used by home contractors, energy advisors, and decarbonization analysts Energy professionals can now provide clear answers to homeowner questions about environmentally friendly solutions. Rocky Mountain Institute, a nonprofit organization with a focus on sustainability, recently unveiled its Green Upgrade Calculator.

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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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Re:Construction podcast – Episode 153

The Construction Index

The Construction Skills Crisis Read Full Article: The Construction Index

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Modular adaptive reuse of parking structure grants future flexibility

BDC Network

Modular adaptive reuse of parking structure grants future flexibility 0 qpurcell Wed, 05/15/2024 - 08:40 Adaptive Reuse The shift away from excessive parking requirements aligns with a broader movement, encouraging development of more sustainable and affordable housing. Marissa Kasdan, Associate AIA MFPRO+ Blog MFPRO+ New Projects Modular Building Multifamily Housing Designers Architects Adaptive Reuse Project + Process Innovation Reconstruction & Renovation Resiliency Sustainable Development Wh

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Infrastructure panel recommends faster, firmer decision-making

The Construction Index

The National Infrastructure Commission has called for faster decision-making from government to achieve carbon reduction targets.

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Construction work to turn North Sea port into fixed and floating offshore wind hub begins

New Civil Engineer

Construction work has begun to turn Ardersier Port into an energy transition facility leveraging both fixed and floating offshore wind capabilities. The post Construction work to turn North Sea port into fixed and floating offshore wind hub begins appeared first on New Civil Engineer.

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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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Beard breaks ground on Surrey hospice

The Construction Index

Beard Construction has broken ground on a 3,700 sqm hospice building in Farnham, Surrey.

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HS2’s Bromford Tunnel portal completed at Washwood Heath and Water Orton appeal recovered

New Civil Engineer

Balfour Beatty Vinci (BBV) joint venture has completed the 22m deep tunnel portal at Washwood Heath in the east of Birmingham, which is where High Speed 2 (HS2) trains will emerge on their way into the city centre. The post HS2’s Bromford Tunnel portal completed at Washwood Heath and Water Orton appeal recovered appeared first on New Civil Engineer.

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Hillhead 2024: What’s new at this year’s show?

The Construction Index

From 25-27 June, Hillhead Quarry, will once again host the world’s largest and most iconic quarrying, construction, and recycling exhibition!

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Pioneering robotic and AI tech set to boost productivity of services installation in tunnels by 40%

New Civil Engineer

A prototype Automated Tunnel Robotic Installation System (Atris) has been developed to autonomously select brackets, locate where they need to be mounted along a tunnel wall, and install them. The post Pioneering robotic and AI tech set to boost productivity of services installation in tunnels by 40% appeared first on New Civil Engineer.

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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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UPSC Recruitment 2024 for various Posts | 83 Posts | 30-05-2024

Construction Placements

UPSC Recruitment 2024 for various Posts | 83 Posts | 30-05-2024 UPSC Recruitment 2024 for various Posts with 83 Posts vacancies, last date to apply for this job is 30-05-2024 The post UPSC Recruitment 2024 for various Posts | 83 Posts | 30-05-2024 appeared first on ConstructionPlacements.

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£86M funding for new ‘super wind turbine’ test facility in Northumberland

New Civil Engineer

Turbine blades as long as 150m will be tested at “the most advanced testing facility” in Blyth, Northumberland, following the announcement of £86M of funding from the UKRI Infrastructure Fund. The post £86M funding for new ‘super wind turbine’ test facility in Northumberland appeared first on New Civil Engineer.

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The future of the steel industry demands skills investment

Construction News

Martin Barnfield is head of manufacturing at Painter Brothers, part of Balfour Beatty Group In an era marked by constant change and innovation, companies in the manufacturing and construction sector face a multitude of challenges. With fierce global competition for skilled workers, combined with high… The post The future of the steel industry demands skills investment appeared first on Construction News.

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Hinkley Point C’s first 520t steam generator arrives on site

New Civil Engineer

The first 520t steam generator for the Hinkley Point C nuclear power station has arrived on site in Somerset. The post Hinkley Point C’s first 520t steam generator arrives on site 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.