Fri.Aug 16, 2024

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5 things to know about industrialized construction

Construction Dive

Focused on technology and manufacturing, the approach can optimize a project’s speed and efficiency, but adoption has been slow.

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The Cash Flow Survival Guide For Your Construction Business

Contractor Bookkeeping

Avoiding cash flow crises is crucial for the success and sustainability of your construction business. Managing cash flow is vital for small business owners. Poor cash flow management can create significant challenges even if your business is profitable. Cash is a fact; Profit is an opinion A cash crisis can be emotionally devastating and even kill your business.

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DOL to hold Davis-Bacon seminar for contractors

Construction Dive

The Labor Department will offer a free online session on Aug. 29 to discuss how to comply with newly updated prevailing wage rules.

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Slowdown in Housing Starts Continues in July

The Pro Builder

Housing starts continued to decline in July in both the single-family and multifamily sectors. According to the Calculated Risk blog, privately-owned housing starts were at a seasonally adjusted annual rate of 1.24 million as of July, down 6.8% from June and down by 16% from the year prior. Single-family housing starts decreased to a rate of 851,000, compared with 991,000 the month prior.

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How Top Firms Protect Margins in Costly Construction Markets

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 This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight.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.

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Clarkson-Radmacher JV nabs $237M I-70 Missouri project

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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More Trending

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‘Momentum’ the word of the day for Balfour Beatty

Construction Dive

The London-based builder reversed its decline in pre-tax profit and signaled that it is eyeing big opportunities in U.K. and U.S. markets.

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Majority of US Housing Markets Saw Price Increases During Q2 2024

The Pro Builder

Home prices continue to rise in most U.S. housing markets. According to a recent report from the National Association of Realtors, nearly 90% of housing markets saw price gains in Q2 2024, with 13% of the areas tracked in the report experiencing double-digit increases. Some areas, however, continue to see higher rates of growth than others. San Jose, Calif., made history with a median single-family home price of $2 million, a first since prices began being tracked in 1979.

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Unite wins union access to HS2 tunnel workers

The Construction Index

The Unite union has won a five-year battle to get access to tunnel workers employed by HS2.

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Housing Start Slowdown Continues in July

The Pro Builder

Housing starts continued to decline in July in both the single-family and multifamily sectors. According to the Calculated Risk blog, privately-owned housing starts were at a seasonally adjusted annual rate of 1.24 million as of July, down 6.8% from June and down by 16% from the year prior. Single-family housing starts decreased to a rate of 851,000, compared with 991,000 the month prior.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

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.

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Testing completed on Renfrew swing-bridge

The Construction Index

Renfrewshire Council has completed testing of the first opening road bridge across the River Clyde.

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Two more firms facing administration 

Construction News

Two more construction companies are facing administration, according to court filings. Norwich-based steelwork contractor Fourbay Structures filed a notice of intention to appoint an administrator on Thursday (15 August). It came a day after Hodgkinson Builders Limited, the social housing division of Derby-based contractor Hodgkinson,… The post Two more firms facing administration appeared first on Construction News.

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HS2 looks at reviving Euston station spoil-by-rail plan

New Civil Engineer

HS2 Ltd is examining whether plans to remove waste material from construction at Euston could be revived, as it helps to revise plans for the area, NCE understands. The post HS2 looks at reviving Euston station spoil-by-rail plan appeared first on New Civil Engineer.

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How to Choose the Best CDR Writer for Australian Immigration

Construction Placements

How to Choose the Best CDR Writer for Australian Immigration Choosing the right CDR writer is crucial for engineers aspiring to migrate to Australia. Learn how to ensure your Competency Demonstration Report meets Engineers Australia's standards. The post How to Choose the Best CDR Writer for Australian Immigration appeared first on ConstructionPlacements.

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How AI Reduces Cost, Safety, and Quality Risks in Construction Projects

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.

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‘This shouldn’t have happened’: Women into Construction shuts down

Construction News

Women into Construction is being wound up, after a “perfect storm” left the organisation “no longer viable”. Managing director Kath Moore told Construction News that the organisation, set up 16 years ago to promote gender equality in the industry, had been caught by an under-the-radar… The post ‘This shouldn’t have happened’: Women into Construction shuts down appeared first on Construction News.

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Aecom to lead ‘resilient design’ on £401.1M dual bridge replacement in New York

New Civil Engineer

Aecom has been appointed lead designer for the replacement of two bridges along the Bronx River Parkway in New York. The post Aecom to lead ‘resilient design’ on £401.1M dual bridge replacement in New York appeared first on New Civil Engineer.

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Video: A Closer Look at Caterpillar’s Track Loaders

Equipment World

A Cat expert outlines the company's three track loaders – the 853, 963 and 973 – their advantages and gives a brief history of track loaders on The Dirt

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First stage of planning submitted for Western Isles Link Project

New Civil Engineer

Scottish & Southern Electricity Networks Transmission (SSEN) has submitted a proposal of application notice (Pan) for a section of its Western Isles Link Project, outlining an area on the Isle of Lewis where it plans to work. The post First stage of planning submitted for Western Isles Link Project appeared first on New Civil Engineer.

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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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Local JV wins NI’s biggest ever education build

Construction News

The biggest education project ever built in Northern Ireland has finally been agreed. A joint venture worth £375m has been signed between two local firms to build a large school campus in Omagh. The Strule Shared Education Campus will host 4,000 pupils in six schools… The post Local JV wins NI’s biggest ever education build appeared first on Construction News.

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400 piles installed at Network Rail’s Durham landslip project

New Civil Engineer

Three-quarters of work on a Network Rail project to secure part of the East Coast Main Line from landslips has been completed, the company has said. The post 400 piles installed at Network Rail’s Durham landslip project appeared first on New Civil Engineer.

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BOMAG Promotes Thiesbrummel to VP of Sales & Marketing

For Construction Pros

Christoph Thiesbrummel will lead BOMAG Americas’ dealer channel sales, rental channel sales, sales administration, product management and marketing activities.

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Government ‘failure’ to fund internal drainage boards criticised by District Councils’ Network

New Civil Engineer

Communities and infrastructure are being left at risk of flooding due to the government’s failure to properly fund internal drainage boards (IDBs), according to the District Councils’ Network (DCN). The post Government ‘failure’ to fund internal drainage boards criticised by District Councils’ Network appeared first on New Civil Engineer.

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How CMiC Helps Construction Teams Stay Ahead of Project Risk

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.

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How Tightening Standards in CRE Lending Are Driving the Need for Better Loan Administration Processes

Rabbet

Construction loan administration leaders have always shouldered a heavy load. Whether you’re doing a final double-check of your team’s work or pulling together documents for more frequent audits and reporting, the responsibility is only becoming more high-stakes. According to The Federal Reserve, banks and lending institutions are tightening their standards for commercial real estate lending, and for good reason—everyone is attempting to minimize exposure.

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Southern Water awards AMP8 capital delivery frameworks contracts

New Civil Engineer

Southern Water has awarded two new capital delivery framework contracts to eight companies for the AMP8 control period covering 2025 to 2030. The post Southern Water awards AMP8 capital delivery frameworks contracts appeared first on New Civil Engineer.

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$1.66B Honolulu Light Rail Line Extension Awarded to Tutor Perini

ENR Construction

The extension will include six rail stations and roughly three miles of elevated rail guideway east through downtown Honolulu.

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CLC retentions project scuppered by lack of data sharing

Construction News

The Construction Leadership Council (CLC) is abandoning a tech project aimed at eliminating retentions due to a lack of industry engagement. In October 2023 the CLC announced it was launching a pilot project with trade body Actuate UK, Cranfield University and not-for-profit Get It Right… The post CLC retentions project scuppered by lack of data sharing appeared first on Construction News.

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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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Settlement Issues Bog Down Louisiana Bridge Project, Resulting in Daily $10K Fines

ENR Construction

While the extent of settling is still being evaluated, it's enough to require the replacement of bridge approaches, pushing the completion of the project from April 2024 into 2025.

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Cornwall approves Falmouth expansion

The Construction Index

Cornwall Council has given the green light to a 315-home development near Falmouth for the Church Commissioners of England.

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Chicagoland Contractor Sentenced to Five Years in Assessor Bribe Scheme

ENR Construction

Alex Nitchoff, the owner and president of Oakk Construction was sentenced to five years in prison for his part in a kickback scheme August 14.

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