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When valuing a business, most people think straightforwardly about profits. While financial success is undoubtedly critical, it's far from the only factor determining a business's actual worth. Understanding valuation complexities can offer small business owners and entrepreneurs a clear roadmap for sustainable growth and long-term success. While financial metrics are undoubtedly important, they do not provide a complete picture of a construction company's worth.
The Construction Industry Training Board (CITB) has said the number of people starting construction apprenticeships needs to triple to plug labour shortages. In a report, the CITB says that the 2023/24 education year saw 33,000 construction apprenticeship starts, an improvement since the pandemic but still… The post CITB says threefold increase in apprenticeship starts needed appeared first on Construction News.
When searching for construction software to help run your business cost should not be your ultimate concern because the old adage is true – you really do get what you pay for. Just as you wouldn’t hire a high school kid to do your accounting because you could get him cheap, you also shouldn’t pick […] The post Free Construction Software first appeared on Civil Engineer Blog.
Construction input prices increased 1.4% in January compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices increased 0.9% for the month. Overall construction input prices are 1.3% higher than a year ago, while nonresidential construction input prices are 0.7% higher.
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.
When a crime happens in the workplace, it can disturb the order and affect productivity. Handling it properly helps prevent the issues from being prolonged. As an employer, it is your duty to prevent crime. Here are some ways to handle crime in the construction workplace. Alarm systems Alarm systems along with CCTV coverage on the construction site, can help monitor and alert employers when there is a crime committed in the workplace.
For contractors and consumers alike, alleviating the potential financial burden from heat pump water heater initial costs is key. How can rebates and tax credits help?
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For contractors and consumers alike, alleviating the potential financial burden from heat pump water heater initial costs is key. How can rebates and tax credits help?
In commercial construction , precision drives perfection. When implementing backyard interlocking and design solutions , success lies in the mathematical foundations. Modern residential backyard interlocking systems have evolved far beyond simple paver placement, incorporating advanced geometric principles that ensure flawless execution. The Geometry of Excellence Success in pattern creation relies heavily on precise mathematical calculations.
Graham has been appointed to deliver a 100m housing-led project by the River Aire in Leeds. The Dyecoats scheme on Kirkstall Road involves 434 homes, including 50 per cent classed as affordable, as well as a food hall and new public realm. Graham managing director… The post Graham picked for 100m Leeds housing jobafter regulator green light appeared first on Construction News.
In today’s evolving construction landscape, commercial bin rental services have become an integral part of sustainable building practices. The demand for eco-friendly construction bin rental solutions continues to rise as the industry embraces greener approaches to waste management. Construction and renovation projects generate significant amounts of waste, making efficient disposal crucial for environmental preservation and project success.
Londons 4.5bn Thames Tideway Tunnel, known colloquially as the super sewer, has been officially activated, marking a significant milestone in the efforts to reduce sewage pollution in the River Thames. The post Tideway | Londons 4.5bn super sewer achieves final connection after 9 years of construction appeared first on New Civil Engineer.
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.
I remember standing in a 1920s brownstone last month, watching sunlight stream through the dusty windows of what was once a cramped, dated kitchen. As the kitchen removal demolition services team carefully peeled back layers of history, something magical happened. Each swing of the hammer revealed original architectural gems that would’ve remained forever hidden without expert kitchen removal demolition and restoration expertise.
Civil engineering firms hoping to work on the multi-billion pound development of the Atomic Weapons Establishments (AWE) Future Materials Campus (FMC) may face a competitive disadvantage if they do not currently have security-cleared staff. The post Nuclear weapons factory | Civils firms without security clearance face competition risk appeared first on New Civil Engineer.
Smart Home Security: Ultimate 2025 Guide This guide offers essential insights into smart home security, featuring top devices, DIY solutions, and expert advice to safeguard your connected home. The post Smart Home Security: Ultimate 2025 Guide appeared first on ConstructionPlacements.
General contractor, construction manager and design/builder Norco Construction promoted Erik Rappel to Chief Operating Officer. He most recently served as Norcos Vice President of Operations, after originally joining the firm in 2017 as Senior Project Manager. Eriks technical and project management expertise has immensely benefitted Norcos clients throughout the East Coast over the past eight years.
Specialty contractors operate in a high-pressure environment where labor, equipment, and materials must be managed with precision. Delays, misalignments, and compliance gaps can derail performance and cut into margins. This guide offers a structured approach to managing LEMs using integrated systems, predictive analytics, and transparent workflows. From reducing idle equipment time to maintaining compliance and tightening inventory control, every recommendation in this guide is built around impr
Were thrilled to announce that Simpson Strong-Tie is partnering with Renovation Hunters for the brand-new Season 3 of this exciting home renovation series! As a sponsor, we're proud to support the renovation of family cabins that will be passed down through generations, ensuring these outdoor retreats stay safe, functional, and full of memories for years to come.
Granger Construction was honored to be recognized at the 139th annual Construction Association of Michigan (CAM) Awards for its contributions to two of the top 12 projects featured in the 2024 October CAM Magazine Special Issue : Michigan State University’s Tom Izzo Football Building and Michigan State University Federal Credit Union’s 311 Abbot Building.
A partner member of the Liverpool-Manchester Railway Board has said how the plans to connect the two north west cities are not just about building a railway. The post Liverpool to Manchester rail plan isnt just about building a railway, says board member appeared first on New Civil Engineer.
The prospect of Private Finance Initiative type funding being used for hospital building and maintenance has been raised by NHS England Chief Executive Amanda Pritchard who has called for a more radical approach to the health services funding problems. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.
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.
More details have emerged on the works that will by be provided by Ferrovial-Bam JV, Costain, Siemens Mobility and more to High Speed 2 (HS2) under their recently won track systems contracts. The post HS2 | More details on track, lineside and telecom work to be supplied under 3bn contracts appeared first on New Civil Engineer.
A new body called the Remediation Enforcement Unit being set up inside the Building Safety Regulator (BSR) is to enforce cladding remediation on higher risk buildings and speed up the pace of remediations. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter onFridays by creating a Newsletter account.
Housing Minister Matthew Pennycook says work on creating new towns will start within the next four and a half years, echoing promises that were to be made by Prime Minister Keir Starmer on a cancelled visit to a housing development on Thursday. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.
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.
What if you could have a poker expert analyzing your every move, helping you spot mistakes before they cost you money? Enter AI poker coaching your tireless digital mentor that might just outshine human pros. While regular coaches need sleep and breaks, these AI tools keep working round the clock, catching patterns that even. Read more The post Can Artificial Intelligence Become Your Personal Poker Coach?
Sophie Gawin is a construction site management Level 6 apprentice at Willmott Dixon I chose this apprenticeship because I was excited about the opportunity to learn on the job and complete placements around the business to learn about each discipline. I liked the idea of… The post Apprenticeships: great value for building a long-term career appeared first on Construction News.
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.
Solicitor Gordon Chan from Irwin Mitchell’s construction & engineering team reports on last month’s judgment of Placefirst Construction v CAR Construction.
NHS England is seeking 10 contractors to join a 37bn framework to deliver dozens of new hospitals. Last month, the government announced plans to build or redevelop 34 new hospitals between 2025 and 2039, with projects divided into three five-year waves, as part of the… The post Contractors sought for hospitals mega-framework appeared first on Construction News.
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