Wed.May 24, 2023

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ConTech Conversations: Why ChatGPT wants contractors to try AI

Construction Dive

OpenAI’s much talked-about language model told Construction Dive that AI is meant to collaborate with contractors, not rob workers of their jobs.

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The Right Immigration Reform Means More Affordable Homes

The Pro Builder

The Right Immigration Reform Means More Affordable Homes rbinsacca Wed, 05/24/2023 - 13:00 Let’s get one thing straight: Immigration has always fed the U.S. labor supply. Throughout the history of our country and industry, people from every corner of the globe have fled poverty, violence, and oppression to seek opportunities for a better life in America, with jobs that others were unwilling or unable to perform awaiting them.

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Construction management software BuildOps raises $50M

Construction Dive

The company has drawn the attention of celebrity investors, including former Twitter CEO Dick Costolo and NFL Hall of Famer Joe Montana.

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New-Home Sales Rise as Existing Housing Inventory Dries Up

The Pro Builder

New-Home Sales Rise as Existing Housing Inventory Dries Up ldeakins Wed, 05/24/2023 - 10:26 Sellers are becoming increasingly hesitant to list their homes amid soaring interest rates, and that lack of for-sale inventory is forcing buyers into the new-home market A lack of existing housing inventory is pushing a growing number of homebuyers into the new-home market, signaling a year of strong sales ahead for home builders.

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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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast.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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Shawmut unveils NYC office space in latest growth push

Construction Dive

The Boston-based construction management firm identified a number of growth sectors to take advantage of within New York City.

More Trending

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Enel chooses Oklahoma as home of first US solar panel factory

Construction Dive

The $1 billion-plus factory will be located at the Tulsa Port of Inola, giving it easy access to rail and river transport.

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Go-ahead for Brum iconic curved truss HS2 bridge

Construction Enquirer

Birmingham City council has nodded through plans for the 150m long HS2 viaduct into Birmingham’s new Curzon Street Station. The structure including a 25m-high curved truss set to become a new feature on the city’s skyline. Birmingham City Council have approved the design of the Curzon No.2 viaduct, which is the tallest structure in the sequence of viaducts and structures that make up the Curzon Street Approaches taking HS2 trains into Birmingham.

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MBA: Multifamily lending to drop 14%

Construction Dive

After bank failures and interest rate hikes, apartment originations could fall to $375 billion.

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Tender race starts for £95m Victoria Tower repair job

Construction Enquirer

A formal contract notice has been issued for the restoration work on The Palace of Westminster’s tallest tower. The cost of the works is now estimated at £95m for the Victoria Tower Fabric Safety Project. A maximum of five suppliers will be shortlisted to qualify for the Invitation to Tender stage, which is anticipated to commence in September with the works planned to start in late 2024.

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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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New York builders group looks to accelerate IIJA funding

Construction Dive

“We’re still sitting on billions of unspent federal dollars,” said Carlo Scissura, CEO and president of the New York Building Congress.

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Qauntum Construction collapse costs suppliers £4.3m

Construction Enquirer

Staffordshire based contractor Quantum Construction went down owing 267 suppliers more than £4m. An update filed at Companies House by liquidator Quantuma Advisory revealed the scale of the debts at the business when it collapsed in April. Unsecured trade creditors have been left holding unpaid invoices totalling £4.3m while Quantum also owed its 24 staff £194,000 in unpaid wages.

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Regional San’s monumental wastewater treatment plant expansion project delivered ON schedule and UNDER budget

Civil + Structural Engineer

SACRAMENTO, CALIF. – The Sacramento region can expect to see big changes related to how wastewater is treated and reused with the completion of Regional San’s $1.7 billion, decade-long expansion. Named the EchoWater Project , the immense upgrade was completed in spring 2023—on schedule and under budget. The result is a safe and reliable supply of treated water for discharge to the Sacramento River, which will also be used for recycled water purposes—like irrigating local agriculture and supporti

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Fusion21 awards £300m building and refurb framework

Construction Enquirer

Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes. The framework offers internal and external refurbishment, construction, new build and modular buildings with nearly two-thirds of places secured by SMEs.

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Explore How Generative AI Is Optimizing Every Construction Stage

Generative AI is already transforming how the construction industry operates. This concise guide walks you through its real-world impact on design, planning, job site logistics, and sustainability. Learn how contractors are using AI to reduce costs, improve worker safety, and shorten build times. Get a detailed look at the tools and platforms making it possible, including AI-driven robotics and material optimization.

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Goodwyn Mills Cawood and Commercial Site Solutions join forces

Civil + Structural Engineer

[GREENVILLE, S.C. and TAMPA, Fla.] – Goodwyn Mills Cawood (GMC) is pleased to announce the acquisition of Commercial Site Solutions (CSS), a civil engineering firm with offices in Greenville, South Carolina and Tampa, Florida. “CSS has a unique reputation as an experienced site civil engineering firms with the ability to manage complex projects and serve a variety of clients,” GMC Executive Vice President of Engineering Kevin Laird said.

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New Flannery piling kit makes major impact for Morgan Sindall

Construction Enquirer

Morgan Sindall Infrastructure is the latest main contractor to benefit from Flannery’s Brextor Pile Milling technology. The system not only reduces safety risks by limiting people plant interface, but it also reduces costs due to increased productivity and also through reducing damage to the piles thanks to the unique process of ‘milling’ the internal and external pile.

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HENDY COMPLETES INTERIOR ARCHITECTURAL DESIGN FOR WORLD’S SECOND MERCEDES-BENZ CLASSIC CENTER

Civil + Structural Engineer

LONG BEACH, Calif. – (May 22, 2023) – Hendy, a nationally-recognized interior architectural design firm, today announced the design completion of the world’s second Mercedes-Benz Classic Center, an international destination for the luxury brand’s car enthusiasts. The Long Beach, California-based facility features a staggering 41,500 square feet of workspace, 20,000 square feet of vehicle storage, auto restoration and maintenance areas, a museum-like showroom, processing bay and retail experience

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Green light for Trafford Waters 85-bed care home

Construction Enquirer

Healthcare developer Montpelier Estates has gained planning for an 85-bed dementia care home, located within Peel L&P’s Trafford Waters £1bn masterplan in Greater Manchester. The project forms part of the first wave of 350 homes to come forward at Peel’s mixed-use development, which has outline planning to build 3,000 homes, a primary school, hotels, offices and a 20-acre public park.

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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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A New Normal? Why Experts Are Calling Today’s Housing Market an ‘Ice Age'

The Pro Builder

A New Normal? Why Experts Are Calling Today’s Housing Market an ‘Ice Age' ldeakins Wed, 05/24/2023 - 10:16 The housing market is going through a deep freeze as elevated interest rates keep sellers on the sidelines and send available housing inventory to new lows Timing is everything in today’s ever-changing housing market, but predicting the best time to buy or sell a home is as dependable as a coin toss, according to Insider.

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Wates regional MD joins McLaughlin & Harvey

Construction Enquirer

McLaughlin & Harvey has recruited John Carlin as a Regional Director as its looks to expand across central England. Carlin has spent most of the last seven years at Wates where he was Regional Managing Director for Construction Midlands. Before that he worked for nearly 20 years for Bowmer & Kirkland. A proven leader in the construction industry, with over 40 years of experience, John has held Director and Managing Director roles in national and regional businesses for the last 20 years.

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Buyers Retreat as Mortgage Rates Creep Over 7% Threshold Again

The Pro Builder

Buyers Retreat as Mortgage Rates Creep Over 7% Threshold Again ldeakins Wed, 05/24/2023 - 10:38 Mortgage rates rose above 7% again this week, and experts say purchase applications are likely to slow as a result The average rate on a 30-year, fixed mortgage surpassed 7% on Tuesday, sending mortgage applications to purchase a home down 4% for the week and 30% lower than the same week one year ago, CNBC reports.

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Collapsed London contractor owes £6.6m

Construction News

A south-east London construction firm owed £6.6m when it collapsed in March, its administrators have revealed. ME Construction, which had 25 staff before going under, owes money to more 306 companies, with some suppliers owed more than £100,000. Administrator FRP Advisory said the company’s total… The post Collapsed London contractor owes £6.6m appeared first on Construction News.

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A Practical Guide to Profitable, Sustainable Construction Strategies

The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.

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Ed Brady

The Pro Builder

Ed Brady Ed Brady is president and CEO of the Home Builders Institute , the nation’s leading provider of skilled trades training and education for the building industry.

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Empowering Women in Construction

Viewpoint Construction Technology

Real talk on the challenges women in construction face, growing their careers, and finding success.

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Neil Burning

The Pro Builder

Neil Burning Neil Burning is VP of Construction Codes and Standards for the National Association of Home Builders (NAHB). He oversees the development of NAHB’s comprehensive advocacy and research efforts dealing with residential construction codes and standards development, implementation, and enforcement.

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Future of Energy | How can nuclear and tidal energy help prevent a UK electricity shortfall

New Civil Engineer

As the government strives to expand capacity to meet future electricity demand, nuclear power and tidal energy are at the opposite ends of the spectrum in terms of support. The post Future of Energy | How can nuclear and tidal energy help prevent a UK electricity shortfall appeared first on New Civil Engineer.

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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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This Interactive Map Reveals Home Price Fluctuations in Your Local Market

The Pro Builder

This Interactive Map Reveals Home Price Fluctuations in Your Local Market ldeakins Wed, 05/24/2023 - 10:09 How is your local market weathering a 2023 housing correction? This map shows how home prices have changed in every U.S. community over the last year Since the start of the COVID-19 pandemic, the housing market has been marked by extreme volatility, with home prices and mortgage rates creeping to historic highs before cooling in a 2023 correction.

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Network Rail’s Nuneham Viaduct repairs progress to piling stage

New Civil Engineer

A 167-year-old abutment has been removed by engineers led by Balfour Beatty working around the clock for Network Rail to repair a critical rail viaduct in Oxfordshire. The post Network Rail’s Nuneham Viaduct repairs progress to piling stage appeared first on New Civil Engineer.

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A New Normal?—Why Experts Are Calling Today’s Housing Market an ‘Ice Age'

The Pro Builder

A New Normal?—Why Experts Are Calling Today’s Housing Market an ‘Ice Age' ldeakins Wed, 05/24/2023 - 10:16 The housing market is going through a deep freeze as elevated interest rates keep sellers on the sidelines and send available housing inventory to new lows Timing is everything in today’s ever-changing housing market, but predicting the best time to buy or sell a home is as dependable as a coin toss, according to Insider.