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Mortgage applications are continuing to climb. According to the Mortgage Bankers Association, mortgage applications rose by 11% for the week ending Sept. 20, 2024. Likewise, refinancing applications surged by 20% from the prior week and were 175% higher than the same week last year. However, for other types of loans, this did not hold true. While Veterans Administration loans saw a notable increase, there was a decrease in the number of loan applications filed through the United States Departmen
The construction giant leveraged a physical crane attachment that employs sensors and anticipates weight shifts to put 10,000-pound formwork slabs in place accurately and safely.
Platinum Contracting has completed construction on La Cova in South Shore at Lake Las Vegas, expanding Southern Nevada’s largest lakeside master planned community. As the general contractor for the landmark project, the heavy civil construction firm successfully laid the groundwork for a premier residential subdivision. The comprehensive construction project included extensive grading, paving, concrete work and the installation of essential infrastructure components such as wet and dry utilities
The state is seeking damages to pay for the replacement of the Baltimore span, as well as for the economic fallout from when it collapsed into the Patapsco River in March.
Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.
How you can get ready for the 2024 YEA Award Competition that starts next week The anticipation is building as Civil+Structural Engineering Media gears up for its 2024 Yearbook Engineering Achievement (YEA) Award competition. This prestigious event celebrates innovation, excellence, and achievement in the AEC industry, showcasing groundbreaking projects from around the globe.
S-5!, a metal roof attachment manufacturer, has partnered with National Women in Roofing (NWIR) to launch a new scholarship program aimed at supporting women pursuing careers in skilled trades. The NWIR & S-5! Scholarship provides a $2,500 award for trade school education, along with a one-year NWIR membership and personalized mentorship from an experienced member.
Danvers, MA — Hancock Associates, a leading provider of land surveying, civil engineering and wetland science services, is proud to announce that Joseph D. Peznola, P.E. has been promoted to Vice President of Engineering. Joe has nearly 35 years of industry experience and has been an engineer at Hancock Associates for over 20 years. He has extensive experience with complex, high density commercial and residential developments throughout Massachusetts and New Hampshire for private sector clients,
Homebuyers looking to save this fall can benefit from more than just lower mortgage rates. According to housing market platform Realtor.com, certain keywords in property listings, like “priced to sell” and “bargain,” are linked to homes priced 8.5% lower than similar properties in the same neighborhood.
The 60-day public comment period is open from Sept. 20 through Nov. 18 with multiple ways to submit input including public hearings, online options, phone or mail. VANCOUVER, WASH. – The Interstate Bridge Replacement program announced the opening of a 60-day public comment period for the program’s Draft Supplemental Environmental Impact Statement. The comment period will end at 11:59 p.m.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Investor activity in the housing market remained strong in early 2024 but dropped in Q2 2024 for the first time in two years. According to property information provider Corelogic, investors in January made up 29.8% of single-family home purchases, a record high, but by June, that share fell to 23.4%. Despite the decline, investor activity is still higher than pre-pandemic levels, which ranged between 15% and 20%.
In this episode of the AEC Business Podcast, host Aarni Heiskanen is joined by Mateo Zimmermann, Investment Manager at Cemex Ventures, to discuss the critical issue of bridging the technology quotient gap in the construction industry. The post Bridging the Technology Gap in Construction with Mateo Zimmermann appeared first on AEC Business.
At Cornerstone Building Brands, we use advanced automation to manufacture our Ply Gem® Perspective Multi-Slide Patio Doors, ensuring high-quality production with fewer issues such as welding defects and seal failures. Watch our video to see the precision and care that goes into each door.
Prime minister Keir Starmer has confirmed the Great British Energy (GBE) headquarters (HQ) will be located in Aberdeen with two satellite sites serving the HQ in Edinburgh and Glasgow. The post Great British Energy HQ confirmed for Aberdeen with satellite sites in Edinburgh and Glasgow appeared first on New Civil Engineer.
Risk management in construction faces pressure from tighter margins, compressed timelines, and increasing complexity. This guide shows how AI strengthens project stability by predicting risks across cost, schedule, safety, supply chains, and workforce planning. AI algorithms analyze procurement data, subcontractor bids, equipment performance, and site conditions to identify potential disruptions.
At Cornerstone Building Brands, we use advanced automation to manufacture our Ply Gem® Perspective Multi-Slide Patio Doors, ensuring high-quality production with fewer issues such as welding defects and seal failures. Watch our video to see the precision and care that goes into each door.
Manchester United Football Club has released the first imagery of its proposed regeneration of the Trafford Park area with a new 100,000-seater stadium and community district on the site of an existing freight terminal. The post First look at Manchester Utd’s proposed Old Trafford regeneration on freight terminal site appeared first on New Civil Engineer.
The UK’s first plant to produce a bio-based raw material from sewage sludge is set to be installed by Royal HaskoningDHV at Blackburn Wastewater Treatment Works in Lancashire. The post Pilot biopolymer from sewage sludge plant ‘game changing’ for UK wastewater sector appeared first on New Civil Engineer.
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.
The construction minister, who works across both the Department for Energy Security and Net Zero (DESNZ) and the Department for Business and Trade (DBT), has said she wants to hear from the sector and is ready to advocate for it in government. The post Construction minister says she is eager listen to and advocate for sector appeared first on New Civil Engineer.
Image courtesy of the New South Wales Government. Works on the new Dubbo Bridge are pushing ahead, with a third of the concrete deck now in place for the $263.2 million structure on the Newell Highway in New South Wales. The New Dubbo Bridge provides a second high level river crossing in Dubbo during flood events and will provide a reliable connection for local, commuter and heavy freight traffic throughout the region.
CONSTRUCT™ by CMiC delivers structured project management built for the realities of construction. It brings together RFIs, submittals, drawings, and punch lists in a connected environment that prevents gaps in communication and documentation. Risk is managed in real-time with issue tracking, automated compliance checks, and daily journals that surface hidden patterns.
With funds for infrastructure limited, as evidenced by chancellor of the exchequer Rachel Reeves’ recent cancellation of some of the UK’s most expensive major projects, leveraging private finance to help build large schemes going forward will be paramount to their success. The post Costain CEO: 10-year infrastructure investment plan crucial for sector growth appeared first on New Civil Engineer.
Ali Perry is chief executive of the British Automatic Fire Sprinkler Association (BAFSA) BAFSA hopes that the requirement for sprinklers in all new care homes in England heralds a new approach by the government towards the protection of the built environment that considers and listens… The post Are we entering a new era of fire safety? appeared first on Construction News.
The collapse of ISG has created significant shockwaves throughout the UK construction sector and it is now becoming clear that numerous government, private and local authority projects have been jeopardised. The post Extent of upheaval caused by ISG failure becoming clear appeared first on New Civil Engineer.
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.
National Highways, working with AtkinsRéalis, has embarked on a project to test a new graphene-enhanced asphalt on a stretch of the A12 trunk road in Essex. The post National Highways and AtkinsRéalis trial graphene-enhanced asphalt on A12 in Essex appeared first on New Civil Engineer.
High Speed 2 (HS2) main works contractor EKFB (Eiffage, Kier, Ferrovial, Bam) has completed a two year project to construct a new overbridge traversing the A41 and realign 2.6km of road in Buckinghamshire. The post HS2 | New A41 overbridge and 2.6km of road realignment in Aylesbury completed appeared first on New Civil Engineer.
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