Wed.Nov 15, 2023

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Contech surpasses $30B in total venture funding

Construction Dive

More construction technology providers will reach unicorn status even as venture capital slows in other sectors, according to an investment firm focused on the industry.

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Inflation May Be Falling, but Housing Costs Are Staying High

The Pro Builder

Inflation May Be Falling, but Housing Costs Are Staying High ibush Wed, 11/15/2023 - 07:16 Cooling inflation lessens the likelihood that the Fed will continue increasing rates. But despite the slowdown, high housing costs persist The Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) remained unchanged in October on a seasonally adjusted basis, following an increase of 0.4% during September, the National Association of Home Builders' (NAHB) Eye on Housing reports.

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Construction input prices drop amid declining inflation

Construction Dive

The 1.2% drop in materials costs in October “should be cheered by most contractors,” said Anirban Basu, ABC chief economist.

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What is Blockwork Construction?

Prodyogi

Blockwork is a type of masonry construction technique using large concrete or cement blocks. The blocks used here are larger than normal brick and are mostly hollow to make them lighter and easier to work with. Blockworks have been in use since the 1930s, from ordinary cement.

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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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast.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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AECOM’s profits plunge on higher revenue, backlog

Construction Dive

CEO Troy Rudd said the strong U.S. dollar, which erodes the value of international contracts paid with foreign currency, impacted results.

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‘Each day comes with surprises,’ project manager says

Construction Dive

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

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Jacobs consortium to research new turbine to improve viability of UK tidal range projects

New Civil Engineer

A Jacobs-led consortium has been granted $1M (£800,000) by UK Research and Innovation (UKRI) to develop a new type of water turbine designed to improve the viability and potential of UK tidal range projects. The post Jacobs consortium to research new turbine to improve viability of UK tidal range projects appeared first on New Civil Engineer.

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Most businesses buy the wrong software, report finds

Construction Dive

Unanticipated onboarding costs and the shift from on-prem licensing to usage-based fee structures can exacerbate buyer’s remorse, a Capterra survey found.

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M5 bridge refurbishment completes a month early

New Civil Engineer

Wiltshire contractor MJ Church, working on behalf of National Highways, has completed a bridge refurbishment project in the West Country a month ahead of schedule. The post M5 bridge refurbishment completes a month early appeared first on New Civil Engineer.

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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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McCarthy completes $92M Texas port project

Construction Dive

The St. Louis builder finished Port Houston’s Bayport Wharf 6 in 26 months on an accelerated timeline.

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Whitby Swing Bridge upgrade postponed over materials shortages

New Civil Engineer

Works to upgrade the 115-year-old Whitby Swing Bridge have been delayed for several months due to a lack of materials. The post Whitby Swing Bridge upgrade postponed over materials shortages appeared first on New Civil Engineer.

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Skanska lands Texas university project, tops out another

Construction Dive

The Sweden-based developer and contractor announced it won a $100 million Texas State University project a week after it celebrated a milestone on a business school structure.

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Landmaster Launches 2024 Industry Pro Commercial-Grade UTVs

Equipment World

The lineup features nine gas or battery-powered models, including 2-passenger, 4-passenger, long bed and sports field management options.

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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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Shawmut completes NYC landmark renovation project

Construction Dive

Work included the realignment of floor plates, relocation of columns and the creation of new elevator shafts on a 100-year-old building in Manhattan.

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Autodesk Event Focuses on AI, Interoperability

For Construction Pros

At Autodesk University, the company announced artificial intelligence (AI) features across multiple construction software products—but the real story may be interoperability.

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AU 2023 Day 3 Recap: Top Construction Sessions That You Might Have Missed

Autodesk Construction Cloud

Day 3 marks the completion of Autodesk University 2023, and it was undoubtedly one to remember. Three days of informative, thought-provoking, and collaborative sessions to help you do your work better, faster, and smarter. If you couldn’t attend AU in person, rest assured. You can find many of this week's sessions on demand here. Don’t forget to check out Day 3 of our Digital Builder podcast’s AU recap episode.

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SAMI: Connecting the dots

Roads Online

SAMI Bitumen Technologies is supporting works in some of Australia’s most remote areas through its supply of quality bitumen. Roads & Infrastructure Magazine talks to its customers, F&J Bitumen Services and Roads 2000 to learn more. W ith an established national network of bitumen manufacturing and terminal facilities, SAMI Bitumen Technologies has been a mainstay of Australia’s bitumen industry.

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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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RAAC must be dealt with responsibly, not rashly

New Civil Engineer

The disclosure on the 31 August that circa 105 schools have had to be closed or had classrooms taken out of use due to the presence of reinforced autoclaved aerated concrete (RAAC) ignited a media storm and intense political debate. The post RAAC must be dealt with responsibly, not rashly appeared first on New Civil Engineer.

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Vic first trial announced for hydro-buses

Roads Online

Two locally made and designed hydrogen powered buses will soon be used as part of a new trial in Victoria. The two Victorian-first hydrogen new buses form part of a trial in which six operators are rolling out 52 zero emissions buses, alongside the two hydrogen vehicles, across the state. The trial will be used to accumulate information on the performance of the two buses, with a criterion to evaluate energy use, as well as charging requirements for different routes.

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Exploring the Different Types of Flood Defences

Maltaward

Flooding can cause catastrophic damage to properties and infrastructure when water levels rise and breach floodplains. With climate change leading to more extreme weather events every year, flooding is a growing concern for homeowners and businesses in many regions, particularly those in higher-risk areas. This is why implementing sturdy, reliable flood defences is so important, particularly when you consider that natural barriers like woodlands and hedgerows being removed puts residents at furt

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Contractors Oppose OSHA's Proposed Rule About Safety Inspections

ENR Construction

Employers say the change would give union representatives access to nonunion jobsites and create safety liabilities.

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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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Transport secretary says there will be a ‘carefully thought through programme’ for selling HS2 land

New Civil Engineer

Transport secretary Mark Harper has said claims of a “fire sale” of previously safeguarded land for High Speed 2 (HS2) are “nonsense” and that the government will sell it in a “proper way” that will “deliver value for the taxpayer”. The post Transport secretary says there will be a ‘carefully thought through programme’ for selling HS2 land appeared first on New Civil Engineer.

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Boston Logan Airport Opens Modernized Terminal E

ENR Construction

The modernization expands the airport's international terminal to 390,000 sq ft, adding four additional gates.

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National Highways pays Skanska additional £24M for A428 Black Cat scheme after legal delays

New Civil Engineer

National Highways has paid Skanska an additional £24M for the £950M A428 Black Cat to Caxton Gibbet scheme after it was delayed by a legal challenge. The post National Highways pays Skanska additional £24M for A428 Black Cat scheme after legal delays appeared first on New Civil Engineer.

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Structural Defects Found in NYC Parking Garage Over Amtrak Rail Lines

ENR Construction

Structural issues with a parking garage in the Hell’s Kitchen neighborhood of Manhattan prompted an engineer hired by the building’s owner to call 911 to report it.

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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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Balfour appoints new head of major projects on HS2 route

Construction News

Balfour Beatty has promoted its project director at Old Oak Common station to oversee all major projects on the HS2 route. Nigel Russell is currently in charge of the Old Oak Common station project for BBVS, a joint venture between Balfour Beatty, Vinci and Systra.… The post Balfour appoints new head of major projects on HS2 route appeared first on Construction News.

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Boston Logan's Modernized Terminal E Opens

ENR Construction

The modernization expands the airport's international terminal to 390,000 sq ft, adding four additional gates.

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9 Ways Contractors Can Leverage Software for Enhanced Construction Processes

UK Construction Blog

The post 9 Ways Contractors Can Leverage Software for Enhanced Construction Processes appeared first on UK Construction Blog. Construction contractors are turning to modern solutions to streamline their processes, improve efficiency, and boost overall productivity. From project management to communication and from design to execution, construction contractors are leveraging software to enhance their entire workflow.