Tue.Apr 25, 2023

article thumbnail

Construction starts ‘likely to erode,’ economist says

Construction Dive

Building activity remains high for now, despite increased concerns around the economy and tightened lending standards, per Dodge Construction Network.

article thumbnail

Persimmon invests in modular house builder TopHat

Construction Enquirer

Modular house builder TopHat has raised £70m from new and existing shareholders as it prepares to open Europe’s largest modular housing factory to manufacture up to 4,000 ultra low-carbon homes a year. House builder Persimmon and institutional investor Aviva have each made a substantial investment in volumetric modular house builder. TopHat has been trading since 2016 with shareholders led by Goldman Sachs investing £130m in the business up to the latest fundraise.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Dotted Line: How to craft contracts to avoid disputes and keep legal fees down

Construction Dive

Construction’s litigation claims and costs are among the highest of all industries. Here are strategies to keep damages in check.

Contracts 341
article thumbnail

Aurigo Masterworks Cloud Achieves FedRAMP In Process Status

Civil + Structural Engineer

Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, today announced that their flagship product suite, Aurigo Masterworks Cloud, has reached In Process status on the Federal Risk and Authorization Management Program (FedRAMP®) marketplace. Aurigo’s software will provide federal agencies with enhanced security and monitoring capabilities, helping accelerate digital transformation for some of the largest capital prog

article thumbnail

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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast.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.

article thumbnail

Clayco named design-build contractor for $1.5B Indiana battery plant

Construction Dive

Entek’s Terre Haute facility is the latest manufacturing project for the Chicago-based contractor.

More Trending

article thumbnail

Louisiana plans $50B in climate adaptation projects

Construction Dive

The state’s coastal board recently approved a 50-year resiliency plan to protect residents from hurricanes and erosion.

Approvals 313
article thumbnail

As Existing Home Inventory Dwindles, New-Home Sales Rise

The Pro Builder

As Existing Home Inventory Dwindles, New-Home Sales Rise ldeakins Tue, 04/25/2023 - 12:29 With mortgage rates falling and existing home listings drying up, buyers are showing stronger demand for new homes New-home sales rose for the fourth month in a row in March as mortgage rates eased and the share of existing homes hitting the for-sale market continued to fall.

243
243
article thumbnail

National Science Foundation Awards Research Funding to Advance Performance-Based Fire Design for Cold-Formed Steel Structures

Civil + Structural Engineer

WASHINGTON, DC – A research project progressing from the American Iron and Steel Institute’s (AISI) Small Project/Fellowship Program has received significant funding through the National Science Foundation (NSF) to advance performance-based fire design for cold-formed steel (CFS) structures. Thomas Gernay, Ph.D., Assistant Professor in the Department of Civil and Systems Engineering at Johns Hopkins University (JHU), was named a recipient of the NSF’s Faculty Early Career Development (CAREER) Aw

article thumbnail

Firms put on alert for £4.5bn Northumbrian Water AMP8 deal

Construction Enquirer

Northumbrian Water is calling up contractors to help shape its procurement plans ahead of launching a £4.5bn AMP8 procurement race in the Autumn. The water company, which also operates in the south east in Suffolk and Essex, aims to reshape the way it delivers capital investment. This will see it shift to an embedded client collaboration model, based on an ‘enterprise’ approach involving shared a vision and values with contractors and joint incentivisation.

article thumbnail

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.

article thumbnail

Gilbane creates new tech-oriented role

Construction Dive

The contractor is bolstering its technology focus with the appointment of Rawle Sawh to the new position of director of operations technology.

188
188
article thumbnail

Fleet Street set for £5bn building boom over next five years

Construction Enquirer

London’s former newspaper district is to be transformed over the next five years as developers shrug off recessionary fears to press ahead with a pipeline of 34 refurbishment and new build projects. The Western city fringe district is set to explode with new projects as an estimated 3m sq ft of new Grade A commercial space across office, retail and leisure is delivered.

article thumbnail

HS2 | DfT looking to reduce scope of Euston station in third attempt at design

New Civil Engineer

The Department for Transport (DfT) and HS2 Ltd are looking to reduce the scope and the requirements of the High Speed 2 (HS2) London terminal at Euston as they begin the process of redesigning it for a third time in hopes of reducing the cost. The post HS2 | DfT looking to reduce scope of Euston station in third attempt at design appeared first on New Civil Engineer.

article thumbnail

Dandara submits plan for 1000 Glasgow rental homes

Construction Enquirer

Developer Dandara Living has submitted plans to Glasgow City Council to build a mix of nearly 1,000 build to rent homes and student rooms at Anderston Quay beside the river Clyde. The Stores scheme overlooking the Kingston Bridge promises to deliver 503 homes for rent, and an additional 491 student homes over three buildings. The design includes additional public realm for Glasgow in the form of a new urban park, over 4,000 sqft of commercial space and an array of on-site resident amenities incl

article thumbnail

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.

article thumbnail

HS2 | £220M of work yet to be done before Euston site can shut down

New Civil Engineer

Key elements of the build around the High Speed 2 (HS2) Euston site, including a substation and utilities diversions, will need to be completed before work halts, according to HS2 Ltd’s chief executive. The post HS2 | £220M of work yet to be done before Euston site can shut down appeared first on New Civil Engineer.

article thumbnail

Keltbray appoints former Laing O’Rourke commercial chief

Construction Enquirer

Keltbray has appointed Andrew Chaney as commercial director for its Built Environment Division, reporting to Vince Corrigan, Keltbray’s chief operating officer. Chaney brings a proven track record in developing and leading high-performing commercial teams and has wide-ranging experience working on complex civil engineering schemes in the UK and Australia.

article thumbnail

Western Specialty Contractors Restores Original Stone Wall at Historic Lochmoor Mansion Overlooking Lake Superior

Civil + Structural Engineer

The Digital Twin Consortium ® (DTC®) today announced it has expanded its Regional Branch Organizer (RBO) program to include India and Southeast Asia, critical regions for DTC and its parent company, the Object Management Group®, with members active in several industries. DTC will work with members — Open Health Systems Laboratory (OHSL), Axomem, and Dell Technologies — to facilitate local and regional activities in India and Southeast Asia.

article thumbnail

Bid race starts for renewal of £750m consultants framework

Construction Enquirer

Procurement body Pagabo has issued a prior information notice (PIN) for the renewal of one of its biggest construction frameworks. The latest Professional Services framework is valued at £750m and will take over from the current deal when it expires in April 2024. Pagabo will be holding a webinar on 10 May where interested bidders can find out more about the new four-year framework.

article thumbnail

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.

article thumbnail

Procurement function will raise to a strategic role as construction companies navigate the dual mission of improving profitability in volatile times whilst decarbonizing construction

Civil + Structural Engineer

The latest research from McKinsey & Company (McKinsey ) emphasizes that procurement in construction companies will play a pivotal role as they navigate uncertainty and aim for sustainability targets. The insights come as McKinsey publishes its latest report: The strategic era of procurement in construction. 40 to 70 percent of a construction company’s total spending stems from procurement, and McKinsey’s research reveals that many chief procurement officers (CPOs) in the industry believe tha

article thumbnail

After Seven Months of Declines, US Home Prices Rose in February

The Pro Builder

After Seven Months of Declines, US Home Prices Rose in February ldeakins Tue, 04/25/2023 - 12:03 Home prices posted a slight uptick from January to February, indicating a gradual return to more stable market conditions in 2023 Mortgage purchase applications have bottomed, new-home sales are rising, and according to the seasonally adjusted Case-Shiller National Home Price Index, U.S. home prices rose 0.15% between January and February after declining every month between June 2022 and January 202

130
130
article thumbnail

ACPA Announces New Board Members & Steve Hoesing as Association Chairman

Civil + Structural Engineer

The American Concrete Pipe Association (ACPA) is pleased to announce the association’s new Chairman of the Board and new Board of Directors members, both confirmed during the ACPA’s Annual Convention held April 2-4, 2023. Steve Hoesing, President of Pipe, Precast, & Prestress at County Materials, has been named the 116 th Chairman of the Board and will serve a one-year term.

article thumbnail

Where Are Home Prices Fluctuating the Most?

The Pro Builder

Where Are Home Prices Fluctuating the Most? ldeakins Tue, 04/25/2023 - 12:14 These are the regional markets seeing the biggest changes in median list prices After reaching 20-year highs in the second half of 2022, mortgage rates are returning to more stable levels, and while lower borrowing costs are translating to falling home prices in some regional markets, other homebuying destinations are still seeing prices rise.

130
130
article thumbnail

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.

article thumbnail

SFPE Announces Chris Jelenewicz, PE, FSFPE, as Interim Chief Executive Officer

Civil + Structural Engineer

The Society of Fire Protection Engineers (SFPE), the world’s leading professional society for fire protection and fire safety engineering, announces Chris Jelenewicz, PE, FSFPE, as Interim Chief Executive Officer. Jelenewicz joined the staff of SFPE in 2004 and succeeds Nicole Boston, CAE, who served as SFPE’s Chief Executive Officer from October 2013 through April 2023.

article thumbnail

Tideway | Cost of London’s super sewer hits £4.5bn

New Civil Engineer

Tideway has updated its cost estimate for the Thames Tideway Tunnel to £4.5bn, taking into account the remaining work programme and the impacts of inflation. The post Tideway | Cost of London’s super sewer hits £4.5bn appeared first on New Civil Engineer.

article thumbnail

Bowman Announces Major Infrastructure Openings for theContinuing Build Out of SDSU Mission Valley

Civil + Structural Engineer

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced today the completion of three, new phase one infrastructure milestones at San Diego State University – Mission Valley (SDSU Mission Valley). The company’s wholly owned Project Design Consultants subsidiary (collectively with the Company, “Bowman”), provided civil engineering, land surveying, landscape architecture, grading and improvement plans, permitting, design and construction management on the newly open

article thumbnail

Laing O’Rourke in running for £300M Man City stadium expansion

New Civil Engineer

Laing O’Rourke is in the running to build Manchester City’s £300M stadium expansion. The contractor, which is currently building Everton football club’s new stadium at Bramley Dock, is a contender to scoop the scheme after plans were submitted to Manchester City Council last week. The post Laing O’Rourke in running for £300M Man City stadium expansion appeared first on New Civil Engineer.

article thumbnail

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.

article thumbnail

Statement on Alberta’s Emissions Reduction and Energy Development Plan

Civil + Structural Engineer

James Millar, President and CEO of the International CCS Knowledge Centre, issued the following statement in response to the release of Alberta’s Emissions Reduction and Energy Development Plan today: “We are very pleased the Government of Alberta has joined other leading energy-producing jurisdictions around the world in committing to reduce greenhouse gas emissions and aspiring to reach net-zero greenhouse gas emissions in line with the ambitious timelines in the Paris Agreement.

article thumbnail

Iowa fire station embraces biophilia to reduce PTSD in firefighters

Construction Specifier

Recipient of multiple honors, a fire station in Marion, Iowa, has been designed using a sustainability consultant’s 14 biophilic principles to reduce post-traumatic stress disorder (PTSD) in firefighters. The design from OPN Architects stayed loyal to the principles of biophilic design as outlined in the white paper, 14 Patterns of Biophilia , published by the consultant, Terrapin Bright Green.

article thumbnail

Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength

Civil + Structural Engineer

Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential starts rose 33%, nonbuilding starts increased 17%, and residential starts moved 5% higher. In Q1 of 2023, total construction starts were 9% below that of 2022. Year-to-date, residential starts were down 29%, nonresidential and nonbuilding starts grew 6% and 12% respectively.