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Battery Energy Storage Systems (BESS) are revolutionizing renewable energy by stabilizing power grids and managing the push and pull of power for a more reliable and sustainable future.
Ralph I. Hage On a late summer’s day in 2019, an engineer stood in an open courtyard of a project he was managing and stared up at the sky. In that period of time, Lebanon was in the midst of national protests, an economic crisis, and a rapidly devaluing currency – options were limited. The engineer looked back down to Earth and turned towards his bewildered foreman and said, “I’ve found the solution”.
As builders aim to meet the growing demand for rental housing, the construction of single-family build-to-rent (B2R) homes increased in Q2 2024. According to the National Association of Home Builders’ Eye On Housing blog, there were approximately 23,000 B2R home starts during this time, which is nearly 10% more than the same period in 2023. Over the past year, 83,000 such homes were started, compared with 69,000 starts last year.
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 This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight.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.
Buying a home has become difficult due to high prices, rising mortgage rates, and competition, among other factors. However, this difficulty varies by location. According to housing market platform Realtor.com, many of the markets where it is the easiest to buy a home are in Florida and Texas. This is primarily due to an increase in listings and price corrections following the pandemic housing boom.
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Buying a home has become difficult due to high prices, rising mortgage rates, and competition, among other factors. However, this difficulty varies by location. According to housing market platform Realtor.com, many of the markets where it is the easiest to buy a home are in Florida and Texas. This is primarily due to an increase in listings and price corrections following the pandemic housing boom.
Off-market home sales are becoming increasingly common in the U.S. as more sellers opt for private transactions. This year, approximately 1.2 million homes have been sold off-market, according to the ResiClub blog. Off-market transactions occur privately without public listing on the MLS, often involving direct negotiations between buyer and seller or agents specialized in these deals.
A week before publication of the final report of the official Grenfell Tower Inquiry, investigations have begun into the role of rain screen cladding in the spread of another tower block fire in the capital.
Continuing their upward trend from June, newly built home sales rose in July. Nationwide, 739,000 new single-family homes were sold in July, a 10.6% increase from June and a 5.6% rise from July 2023, according to housing market platform Zillow. This is likely due to a drop in prices. In July, the median price of new homes was $429,800, down 1.4% from a year ago.
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.
NCCR Recruitment 2024 for Various Posts | 42 Posts | 06-09-2024 NCCR Recruitment 2024 for Various Posts with 42 Posts vacancies, last date to apply for this job is 06-09-2024 The post NCCR Recruitment 2024 for Various Posts | 42 Posts | 06-09-2024 appeared first on ConstructionPlacements.
Image courtesy of the Western Australian Government. The first train has taken to the tracks, with testing now underway on the METRONET Morley-Ellenbrook Line, the largest public transport project delivered in Perth since the Mandurah Line. The Morley-Ellenbrook Line starts at Bayswater Station on the Midland Line, travels in the centre of Tonkin Highway, through land north of Marshall Road, along the western side of Drumpellier Drive (formerly New Lord Street) and ends in Ellenbrook, south of T
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.
Komatsu’s Intelligent Machine Control can help operators optimise every single pass and movement. Images: Komatsu. The Australian roading and infrastructure industry underpins the nation’s economic prosperity. Yet, it’s an industry that inherently carries risk. F or construction crews, even the most routine tasks can present serious safety hazards. This is precisely why technological advancements that prioritise safety deserve the utmost attention.
Introduction Construction project management (CPM) is a multifaceted discipline that involves the planning, coordination, and control of resources to achieve project objectives within defined constraints of time, cost, and quality. Traditionally, Construction project management relied heavily on manual processes, disparate tools, and fragmented communication, often leading to inefficiencies, delays, and cost overruns.
Michigan community leaders are tasked with funding infrastructure improvements while balancing budgets. Key to this are Asset Management Plans (AMPs) and Capital Improvement Plans (CIPs). AMPs inventory community assets, while CIPs outline and prioritize projects and funding strategies. Communities can choose to pay as they go or finance larger projects through bonds and grants.
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.
Since being elected in July, the government has announced changes to planning, a schedule for 12 new town sites to be selected, a fund to support renewable energy projects and a move to improve longer-term certainty through a two-year lead time on strategic spending reviews. The post ACE CEO: Delivery must back up dialogue with government appeared first on New Civil Engineer.
How to validate a construction takt plan: Validating an “optimized” TAKT plan is challenging, if not impossible, without access to an objective and granular local market database of construction tasks that includes labor, material, and equipment requirements. Here’s why this database is critical: 1. Accurate Resource Planning Labor: Without detailed information on labor requirements for each task, it’s difficult to determine whether the TAKT time is feasible or if you have the
This story was originally written by Rebecca Thiele at Indiana Public Broadcasting and was published August 25, 2024. In May, Russian hackers targeted a wastewater treatment plant for Tipton. Fortunately, workers at the plant noticed something was wrong and were able to switch to manual operation until they could address it. Cyber attacks don’t just threaten your money, they can also put your access to clean drinking water and a functioning sewer at 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.
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.
Wiegmann Associates has added Gavin Ryan as Project Engineer and Stephanie Anderson as Project Manager. As Project Manager, Anderson is responsible for providing detailed, cost-effective management of Wiegmann’s mechanical and HVAC system projects to meet client and company goals. Duties include managing subcontractors, coordinating RFI submittals and change orders, managing labor and maintaining jobsite safety, project quality, schedule and budget.
Obtaining a contractor license in Louisiana is essential for various trades, including general contractors, electricians, plumbers, roofers, and HVAC specialists. This guide provides a detailed overview of the licensing requirements, including insurance and bonding costs, to help you navigate the process effectively. For more details or assistance with your application, contact the Louisiana State Licensing Board for Contractors: Contact Information: Web: LSLBC Website Alternate Phone Number: 51
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