Wed.Oct 30, 2024

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New construction technology releases: October 2024

Construction Dive

From a chatbot that speaks builders’ language to tech that corrals massive amounts of data captured from scans, this month’s offerings are aimed at simplifying complex tasks.

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Home Price Growth Slows Even Further

The Pro Builder

In August, home prices declined for the first time since 2022, according to property information provider CoreLogic. While prices still reached new highs, the CoreLogic S&P Case-Shiller Index showed a 4.25% year-over-year increase, down from the 6.5% peak in February and March. This marked the fifth straight month of slower annual price growth, and CoreLogic predicts price growth will slow even further to 2.3% by next August.

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Clayco breaks ground on $300M hotel near SoFi Stadium

Construction Dive

The Kali, part of Marriott Bonvoy’s Autograph Collection, will be located in L.A. Rams owner Stan Kroenke’s 300-acre Hollywood Park mixed-use development.

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Share of Open Construction Jobs Continues to Fall

The Pro Builder

Open construction jobs fell at the end of September to 288,000, down 12% from the previous month and 32% on a year-over-year basis, according to Construction Dive. In September, 3.4% of construction jobs remained unfilled, lower than the 4.5% national average. While some experts attribute this shift in job openings to Hurricane Helene, it is only partially to blame as the decline began much earlier, says Macrina Wilkins, senior research analyst for the Associated General Contractors of America.

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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Silos of data and outdated systems can hold your business back.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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Construction job openings fall post-Helene

Construction Dive

Economists say the hurricane temporarily suppressed the number of open construction positions across the Southeast at the end of September.

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Pending Home Sales Increase in September

The Pro Builder

Pending home sales rose in September. The National Association of Realtors’ (NAR) Pending Home Sales Index increased 7.4% to 75.8, the highest rating since March. Compared with the previous year, pending transactions were up 2.6%. Lawrence Yun, NAR chief economist, expects this trend will continue over the next several years as home price growth cools down.

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More Trending

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Reeves stings builders with rising costs

The Construction Index

National insurance hikes, capital gains increases and a rise in the national minimum wage have left the construction industry reeling after chancellor Rachel Reeves’ first budget statement.

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Thought Leaders: October 2024

Construction Dive

Executives from Shawmut, Granite, JE Dunn and other major construction firms talk about their latest challenges and successes.

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Autumn Budget: Government commits additional £2.7bn to Sizewell C

New Civil Engineer

An additional £2.7bn of taxpayer cash has been awarded by the government to Sizewell C new nuclear power station in Suffolk to try and secure the critical final investment decision (FID). The post Autumn Budget: Government commits additional £2.7bn to Sizewell C appeared first on New Civil Engineer.

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Budget: SMEs protected from employer NI rate hike

Construction News

The government has announced a 1.2 percentage point rise in employers’ national insurance (NI) contributions, but has taken measures to protect small businesses from the rise. In today’s Budget, chancellor Rachel Reeves said that the employers’ NI rate will increase to 15 per cent from… The post Budget: SMEs protected from employer NI rate hike appeared first on Construction News.

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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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Autumn Budget: Funding for HS2 Euston tunnels and other rail schemes among commitments

New Civil Engineer

Chancellor Rachel Reeves confirmed that the government will fund the HS2 tunnels from west London to Euston in central London, among other transport and energy spending committments, during the Autumn Budget today (30 October). The post Autumn Budget: Funding for HS2 Euston tunnels and other rail schemes among commitments appeared first on New Civil Engineer.

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Road safety works underway across Victoria

Roads Online

Image: stock.adobe.com/YARphotographer. The Victorian Government will work with councils to deliver vital upgrades on local roads over the next three years. The works will be funded through the $210 million Safer Local Roads and Street Program in partnership with The TAC and the Department of Transport and Planning. The government has allocated up to $2 million each to 79 councils across the state and will provide a wide range of safety improvements until 30 June 2027.

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Podcast | Discussing the Structures of the Year with the IStructE

New Civil Engineer

The latest episode of the Engineers Collective is out now: listen in on Spotify, Apple Podcasts, your usual platform or the player below. The post Podcast | Discussing the Structures of the Year with the IStructE appeared first on New Civil Engineer.

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Acquisitions ramp up with flurry of activity

Construction News

Merger and acquisition (M&A) activity in the construction sector intensified before today's Budget, with multiple deals announced. These include CN 100 firms, a Nordic cladding group and an AIM-listed housebuilding specialist. One expert told Construction News that he believed "100 per cent" that the flurry… The post Acquisitions ramp up with flurry of activity appeared first on Construction News.

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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.

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Mickleham Road Upgrade Australia’s first use of low-carbon concrete

Roads Online

Image: stock.adobe.com/ aboutmomentsimages The Mickleham Road Upgrade- Stage 1 has used a new concrete mix which holds the potential to help decarbonise the construction industry. Decarbonisation is the process of reducing or eliminating carbon dioxide (CO 2 ) emissions. The new mix uses specially treated waste clay as a replacement for some of the cement binder in concrete, leading to a reduction in CO 2 emissions.

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Battery Maintenance Tips for Long-Lasting Electric Equipment Performance

For Construction Pros

There are many ways to maintain your battery, but it’s important to first understand why a well-maintained battery is valuable.

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$100M boost for active transport

Roads Online

Image courtesy of the New South Wales Government. Applications are now open to all state and territory governments and Local Government Authorities across Australia for the development of safer and better active transport connections, as part of the Federal Government’s $100 million Active Transport Fund. The Active Transport Fund will contribute up to $5 million per project to construct new or upgrade existing bicycle and walking paths, with the program aiming to encourage more participation in

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Reasons to reinvent the Midcentury academic library

BDC Network

Reasons to reinvent the Midcentury academic library 0 qpurcell Wed, 10/30/2024 - 10:00 Libraries DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years. Gretchen Holy, Assoc.

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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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Significant step reached for new Bridgewater Bridge

Roads Online

Image courtesy of PlanRadar. A major milestone has been reached on the new $786 million Bridgewater Bridge project in Tasmania, with the pouring of the final pair of the 42 bridge piers this evening, marking the completion of the bridge’s substructure. The new Bridgewater Bridge is Tasmania’s largest ever transport infrastructure project, with the 1.2-kilometre-long bridge to include two lanes of traffic in each direction, a safe shared path for cyclists and pedestrians, and clearance for boats.

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HS2 Ltd launches procurement for £124M contracts to supply on-track maintenance machines

New Civil Engineer

High Speed 2 Ltd (HS2 Ltd) has launched the procurement process for a £124M worth of contracts to supply on-track machines (OTMs) to maintain the infrastructure required for the high-speed railway. The post HS2 Ltd launches procurement for £124M contracts to supply on-track maintenance machines appeared first on New Civil Engineer.

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Budget: £1bn for cladding remediation

Construction News

Chancellor Rachel Reeves used her Budget speech to announce more than £1bn for cladding remediation, alongside further billions to support housebuilding. Government investment in removing unsafe cladding, including new funds for social housing remediation, will exceed £1bn in 2025/2026, budget documents show. Construction News understands… The post Budget: £1bn for cladding remediation appeared first on Construction News.

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Vinci announces purchase of FM Conway

New Civil Engineer

Vinci Construction has announced the purchase of UK public works company FM Conway for an undisclosed fee. The post Vinci announces purchase of FM Conway appeared first on New Civil Engineer.

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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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Pilon joins United Living

The Construction Index

United Living Group has acquired Pilon, a property services business operating in the social housing sector.

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Menai Suspension Bridge to fully reopen this weekend after hanger replacement

New Civil Engineer

The Menai Suspension Bridge in North Wales is set to fully reopen this Saturday, 2 November, following the completion of the first phase in its latest refurbishment programme. The post Menai Suspension Bridge to fully reopen this weekend after hanger replacement appeared first on New Civil Engineer.

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AHR Expo Announces 2025 Innovation Awards Winners

The Contractor Magazine

Winners are chosen annually in ten industry categories, representing the most innovative products and technologies in the market.

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HS2 starts foundations work on third A38 overbridge in Staffordshire

New Civil Engineer

Balfour Beatty Vinci joint venture (BBV) has started works on the foundations for the Rykneld Street bridge which will take High Speed 2 (HS2) under the A38 near Lichfield in Staffordshire. The post HS2 starts foundations work on third A38 overbridge in Staffordshire appeared first on New Civil Engineer.

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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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Ribbon Cut on New PurposeEnergy Facility

PC Construction

Last week, PC joined PurposeEnergy for a ribbon cutting ceremony to mark the completion of construction for the new Middlebury Resource Recovery Center (MRRC) in Vermont. The MRRC is an industrial organic waste treatment center for converting food and beverage residuals and wastewater into renewable energy and treated water. The 2,600-square-foot, two-story facility, situated on a half-acre site in Middlebury, consists of an anaerobic digester, a generator to produce renewable electricity from d

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Autumn Budget: Industry receptive to infrastructure funding plans but more wanted on skills

New Civil Engineer

Chancellor Rachel Reeves made the first Labour budget announcements for 14 years today, Wednesday, 30 October, dedicating a lot of funds to infrastructure projects that were uncertain. Below, we collect the reaction from stakeholders across the construction, engineering and infrastructure sectors. The post Autumn Budget: Industry receptive to infrastructure funding plans but more wanted on skills appeared first on New Civil Engineer.

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FM Conway to be acquired by Vinci

The Construction Index

The family owners of highway maintenance specialist FM Conway are selling up.

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Importance of Mover Company in Civil Engineering

Civil Engineer Blog

Civil engineering is a professional industry that designs, constructs, and maintains things like roads, buildings, dams, bridges and canals. There are many sub-categories within civil engineering that deal with different aspects of the industry. This type of engineering takes place on a number of different levels including government, private, and even public sectors.

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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.