Sat.Aug 31, 2024 - Fri.Sep 06, 2024

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Decoding the Future: How Quantum Computing Could Revolutionize Construction

Construction Placements

Decoding the Future: How Quantum Computing Could Revolutionize Construction Quantum computing holds transformative potential for the construction industry. Learn how it can revolutionize project management, materials, and smart building systems. The post Decoding the Future: How Quantum Computing Could Revolutionize Construction appeared first on ConstructionPlacements.

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The need for speed can lead to problems on projects, engineers say

Construction Dive

The push to accelerate construction and a lack of maintenance on existing infrastructure and buildings are top concerns for structural engineers, a new survey found.

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Here’s How Much Is Needed to Afford a Starter Home

The Pro Builder

As housing becomes more expensive, the amount homebuyers need to earn to afford to purchase a home also grows. According to housing market platform Redfin, homebuyers need to earn approximately $80,000 per year to afford the median-priced starter home, up 4.4% from last summer and only about $500 below the all-time high. That makes starter homes just barely affordable to families earning the median U.S. income, and unaffordable to families earning less than the median income.

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Kistler’s largest WIM installation in the world slated for Providence, Rhode Island, to monitor structural health of aging bridge

Civil + Structural Engineer

Rhode Island installs traffic and structural health monitoring system to proactively maintain vital bridge The Rhode Island Department of Transportation (RIDOT) is partnering with Kistler, the global leader in dynamic measurement technology, to provide state-of-the-art technology solutions to monitor and protect the structural health of the Washington Bridge, a vital bridge in the city of Providence.

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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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Grenfell: no charges before end of 2026

The Construction Index

The Met Police and the Crown Prosecution Service have restated that there must still be a long wait for prosecutions to be brought in relation to the Grenfell Tower fire.

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EEOC settles 3 construction harassment cases for a combined $2.9M

Construction Dive

The federal workplace watchdog took enforcement actions against Florida-based J.A. Croson, New Jersey's Asphalt Paving Systems and Balfour Beatty's U.S. infrastructure arm.

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The Tri-State Drilling Story: ROI That Protects the Future

Civil + Structural Engineer

After nearly seven decades of drilling deep foundations in 49 states and pioneering the sub-specialty of electrical transmission and utility lines for renewable energy, infrastructure, and industrial projects, Tri-State Drilling was at a crossroads. The company’s exceptional reputation and expertise had provided unrelenting growth over the years, but outdated processes and a lack of real-time visibility to job costs created an environment that was constantly looking backward instead of planning

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Top 100 Construction Companies 2024

The Construction Index

After a difficult period that saw trading dogged by surging inflation and delayed projects, the construction industry’s top firms appear to be recovering. But inequalities are growing, writes Steve Menary.

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Higher ed construction pendulum back in full swing

Construction Dive

Messer’s Nick Proffitt sees burgeoning demand in the sector, which encompasses student housing, athletic and school buildings, medical centers and more.

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More Home Listings Signal Better Times Ahead for Buyers

The Pro Builder

Following recent price cuts and added inventory, housing market conditions are beginning to improve for prospective homebuyers. According to real estate marketing platform Realtor.com, the number of homes for sale in August was 36.2% higher than the previous year, marking 10 consecutive months of growth. This gives buyers more options, including more affordable homes, with 19.3% of listings seeing price reductions—the highest for August since 2018.

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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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BILCO Unveils New Flood-Tight Access Door to Withstand 30-foot Head of Water

Civil + Structural Engineer

NEW HAVEN, CT – The BILCO Company has introduced a new flood-tight floor access door that can withstand a 30-foot head of water from the topside, adding another component to its line of specialty access products for commercial applications. The Type FT-30 door is flood-tight against a 30-foot head of water from the topside and a 5-foot head of water (when specified) from the underside.

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CARES cites Grenfell in scrapping paper certificates

The Construction Index

Digital proof is now “vital” in safety-critical products post Grenfell, says steel certification authority Read Full Article: The Construction Index

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Job openings drop again, but commercial builders still seek workers

Construction Dive

Despite a 17% fall in unfilled positions in July, economists say nonresidential contractors are looking to hire craftworkers.

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Maximizing Profits in the Build-to-Rent Space

The Pro Builder

The single-family build-to-rent (B2R) market is growing, with the share of new single-family rental housing starts doubling from 4% in 2020 to 8% in 2024. This growth is a reflection of the demand for better rental properties in the housing market, according to Multi-Housing News. To keep up with this demand, developers in the B2R space are sharing cost-saving strategies, such as distributing properties across multiple growth markets, tightening subcontractor relationships, and using prefabricat

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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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Rachel DeSombre Receives 2024 Women in Construction (Engineer of the Year) Award

Civil + Structural Engineer

BROOKFIELD, Wis. — Rachel DeSombre, P.E., raSmith senior transportation project manager, was named among The Daily Reporter’s 2024 Women in Construction and honored as the Engineer of the Year. These awards are given to groundbreaking women who support building projects through construction, marketing, law, communications, engineering, architecture, executive roles, and other professional services.

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Construction activity grows for sixth month in a row

Construction News

Construction industry growth has continued for the sixth consecutive month, indicating a “continued industry revival”. The headline S&P Global UK Construction Purchase Manager’s Index (PMI) registered at 53.6 for August, slightly down from 55.3 in July. Any figure above the neutral mark of 50 represents… The post Construction activity grows for sixth month in a row appeared first on Construction News.

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Last dam in historic removal project comes down

Construction Dive

The $450 million effort led by Kiewit involves dismantling four hydroelectric dams on the Klamath River in Oregon and California to restore salmon migration.

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As Mortgage Rates Drop, Home Affordability Improves

The Pro Builder

As mortgage interest rates begin to trend down, housing affordability is improving. According to financial services company Intercontinental Exchange's (ICE) September 2024 Mortgage Monitor Report, mortgage interest rate declines in August 2024 improved home affordability to its best level in six months. Three major U.S. markets—Birmingham, Ala., Des Moines, Iowa, and McAllen, Texas—have returned to their long-term affordability averages, with several other cities nearing this benchmark as

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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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Grenfell conclusions: systematic dishonesty and widespread incompetence

The Construction Index

The final report of the inquiry into the Grenfell Tower fire has concluded that the product suppliers were greedy liars and everyone else involved was just incompetent.

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‘Dishonest’: The verdict on Grenfell’s cladding manufacturers

Construction News

Manufacturer Kingspan’s dishonest marketing created a “spurious” market for polymer-based insulation for use on high-rise buildings, according to the Grenfell Inquiry phase 2 report. Some of the harshest words in the report were aimed at the cladding manufacturers – Kingspan, Celotex and Arconic – whose… The post ‘Dishonest’: The verdict on Grenfell’s cladding manufacturers appeared first on Construction News.

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OSHA sets late December comment deadline for extreme heat standard

Construction Dive

The agency’s proposed rule would require employers to develop heat injury and illness prevention plans, among other actions.

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Fannie Mae Revises Its 2024 Home Price Growth Forecast

The Pro Builder

Home price growth is starting to slow down. According to National Mortgage Professional, Fannie Mae recently revised its 2024 home price growth forecast from 4.3% to 4.7%, down from a 6% increase in 2023. The 2025 projection was also slightly lowered from 3.2% to 3.1%. This shift is likely due to improved inventory. Previously, the housing shortage was estimated to be 4 million homes, but now that number has lowered to about 2.8 million homes.

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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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Sizewell C to receive up to a further £5.5bn of taxpayer cash

New Civil Engineer

Up to £5.5bn of additional public money is being made available to the Sizewell C nuclear power plant to help achieve a final investment decision (FID) on the project, subject to a spending review. The post Sizewell C to receive up to a further £5.5bn of taxpayer cash appeared first on New Civil Engineer.

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Tips For Working With Banks And Lenders In The Construction Industry

Contractor Bookkeeping

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand. Consider this scenario: A couple wanting to sell their house expresses interest in your remodeling service, presenting an exciting opportunity that could significantly elevate your construction business.

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Don’t use AI to boil the ocean: McCarthy tech lead

Construction Dive

A senior VDC manager for the builder, alongside other experts, spoke at a recent BuiltWorlds panel on how to adequately evaluate artificial intelligence.

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US Rental Market Cools Down Following Several Months of Price Increases

The Pro Builder

The rental market has been slowing down in recent months. According to a recent report from the Joint Center for Housing Studies of Harvard University, rental price growth has slowed from the high levels seen during the pandemic as overheated markets have cooled and more inventory has become available. In Q2 2024, national rents rose by just 0.2%, a significant drop from the 15.3% increase in early 2022.

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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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Safety Leadership Conference 2024: Safety First, Leadership Always

Safety Services Company

In a rapidly changing industrial landscape, ensuring workplace safety is more crucial than ever. The Safety Leadership Conference 2024, which lasted from August 26-28 , was a transformative event for safety professionals across various sectors including manufacturing, construction, distribution, transportation, and utilities. This Safety Leadership conference is designed to equip safety leaders with the necessary tools and insights to foster safer work environments – and every year they succeed

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Best Career Options for Academically Weak Civil Engineering Graduates in India

Construction Placements

Best Career Options for Academically Weak Civil Engineering Graduates in India Academically weak civil engineering graduates can still build successful careers by focusing on practical skills, tech-driven roles, non-core opportunities, and certifications. Grades are not the only path to success—explore various career paths in construction, technology, real estate, and entrepreneurship.

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NY sues Cuomo Bridge builders over allegedly faulty cables

Construction Dive

The New York State Thruway Authority’s lawsuit says some stay cable anchors have to be retrofitted only six years after the $4 billion span opened.

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These Are the Best Markets for Buyers and Sellers Right Now

The Pro Builder

As the housing market continues to shift, certain metros are becoming better places to buy and sell homes. The ResiClub blog rounded up the top 200 housing markets for both buyers and sellers and found markets in the Northeast and Midwest have been tighter this year, while many areas in the Sun Belt have been weaker. Among these markets where sellers hold the most power, many New York metros topped the list, including Rochester, Syracuse, Buffalo, and Albany, N.Y.

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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