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Newforma Konekt Enhances Industry-Leading Cloud-Based AECO Project Information Management Solution with Innovative System for Critical Contract Changes

Civil + Structural Engineer

BOSTON — Newforma affirms its position as a leader in project information management software with an enhanced version of Newforma Konekt, the first truly collaborative cloud-hosted ecosystem for the architecture, engineering, construction, and owner (AECO) industry.

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Unlocking AECO Knowledge with GPT: Natural Language Queries for Document Management

Civil + Structural Engineer

Jeff Chen, Director of Digital Transformation and George Broadbent, VP of Asset Management, Symetri A Mountain of Documents Architecture, Engineering, Construction, and Operations (AECO) stands as one of the most document-intensive industries in the world. See image 1) This paperwork, albeit essential, often slows down processes.

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What Is the Schedule of Values (SOV) in Construction: Complete Guide 

Buildern

For most builders working on larger or bank-financed projects, the SOV acts as a must-have document that breaks down the total contract amount into detailed line items in construction financial management. Scheduled Value per Line Item A dollar amount is assigned to each line item, based on the original contract or subcontract.

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What contractors liability insurance actually covers

Contractors Liability Blog

Working on job sites comes with risk whether it’s damage to a client’s property or someone getting hurt. Contractors liability insurance steps in when those risks become real costs. This protection is especially important for contractors working under public contracts or large private jobs.

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Construction Accounting Explained: Key Terms, Tools, and Techniques

Buildern

If you’re in the construction industry and want to keep a closer eye on your company’s financial management to improve your bottom line, this guide is for you. Unlike traditional accounting, it has many moving parts and specific financial management needs. Here’s a quick overview of what you need to know.

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Rehabilitation Extends Life, Restores Historical Aspects of Minneapolis’ Third Avenue Bridge

Civil + Structural Engineer

More recently, a Minnesota Department of Transportation assessment of the state’s historic bridges resulted in the Third Avenue Bridge being included among 24 bridges selected for long-term preservation under MnDOT’s Statewide Historic Bridge Management Plan. The first phase of the contract simply aimed to identify the scope of work needed.

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Construction Risk Management | Contractor Risk Management | Construction Risk Register | What Is Construction Management at Risk

CivilJungle

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.