Mon.Jan 23, 2023

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2023 construction outlook roundup: Proceed with caution

Construction Dive

As they look to the year ahead, contractors want to know how frayed supply chains, inflation and labor shortages will affect their business.

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Rethink Preventive Maintenance – Lower costs 30%-40% while extending system life up to 10x

Job Order Contracting

In today’s economic environment it may be time to rethink Preventive Maintenance, lower costs 30%-40%, and extend system life up to 10x. While most facilities management teams have a preventive maintenance program, there is only one source for PM tasks, checklists, AND locally researched costs for EVERY FREQUENCY (daily, weekly, monthly, annually… ), and that is Four BT, LCC (4BT)!

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Balfour Beatty wins Miami Beach Convention Center hotel project

Construction Dive

Construction is expected to be completed on the 800-room hotel in 2025.

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Utility Relocations Further Delay $3.4B Maryland Purple Line

ENR Construction

Protracted work on already late rail link could stretch project completion seven months beyond a fall 2026 target for its new design-build team.

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How Top Construction Firms Reinvent Cost Control

Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.

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NJ law allows contractors to use private inspections

Construction Dive

The law codifies a three-day inspection turnaround and allows developers to contract with private agencies if local officials cannot do so in that time frame.

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GM to invest nearly $1B in four manufacturing sites

Construction Dive

The funds will help prepare sites in Michigan, New York and Ohio to produce new gas and electric products.

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Why are there no bridges in East London?

Rapport3

Why are there no bridges in East London? London is a metropolitan area with a population of more than 8 million. The River Thames separates the city in half and therefore Londoners built several bridges over the year for easier transportation. Despite London having many bridges, West London is home to most of them, if not all. This is due to a few social and engineering-related factors.

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PMSJ Releases Quarterly Market Forecast

Construction Superintendent Magazine

PSMJ’s latest Quarterly Market Forecast survey of 115 A/E/C executives (collected between Dec. 28 and Jan. 10) revealed an overall proposal activity Net Plus/Minus Index value of just 8. Any NPMI value above zero indicates that more respondents are seeing an increase in proposal activity compared to the prior quarter (+100 indicates all respondents are seeing an increase in proposal activity, -100 indicates all respondents are seeing a decrease in proposal activity).

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Why are there no bridges in East London?

Rapport3

Why are there no bridges in East London? London is a metropolitan area with a population of more than 8 million. The River Thames separates the city in half and therefore Londoners built several bridges over the year for easier transportation. Despite London having many bridges, West London is home to most of them, if not all. This is due to a few social and engineering-related factors.

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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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Troutman Pepper’s National Construction Practice Named Among Law360’s Practice Groups of the Year for Second Consecutive Year

Constructlaw

Practice Recognized for Major Deals, Litigation Wins in 2022 NEW YORK – For the second consecutive year, Troutman Pepper’s Construction Practice Group has been recognized nationally among Law360’s Practice Groups of the Year. The firm was among only four to receive the 2022 Practice Group of the Year designation in the Construction category. “Earning this national award for the second straight year speaks to the incredible projects our clients are pursuing on a regular basis,” said Mike Subak, w

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Value of New England Top Starts Drops for Second Straight Year

ENR Construction

The total value of construction starts fell significantly in 2022, but the beginning of work on the Suffolk Downs project is a hopeful sign.

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Florida County Fires Contractor on Jail Project Completed in 2021

ENR Construction

The joint venture of Whitesell-Green and Caddell Construction is suing Escambia County for $3.5 million it said the county improperly withheld over excusable COVID-19 and hurricane delays.

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