Wed.Jan 18, 2023

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Recession watch: Why the next one will be different

Construction Dive

Executives from Skanska, DPR, Suffolk and others see unique characteristics in an economic slowdown this year.

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Validating FM Decisions with Verifiable Cost Data

Job Order Contracting

Validating FM decisions with verifiable cost data is critical, yet rarely practiced. While most facilities management professional are aware that detailed line-item cost data is required to achieve cost visibility and enable cost management, the dependence upon contractor or subcontractor estimates and/or historical data, and/or national average cost data and factoring remains the norm.

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Hensel Phelps launches tech investment arm

Construction Dive

Diverge provides a platform to nurture startups that aim to solve the problems of today and tomorrow.

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Industry Groups Seek Cancellation of FHWA IIJA Funding Memo

ENR Construction

AGC, ARTBA, ACEC, U.S. Chamber of Commerce, and other groups target the 2021 guidance document on how states should prioritize IIJA highway funding.

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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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast.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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Las Vegas Sands plans $4B development in Long Island, NY

Construction Dive

Dive Brief: Las Vegas Sands, a Paradise, Nevada-based casino and resort company, announced plans to develop a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York, according to a company press release. The transaction, which still requires c.

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More Trending

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‘Huge appetite’ for mass timber fuels new Webcor unit

Construction Dive

Webcor Timber is looking to capitalize on a growing industry, an executive at the California contractor said.

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California Officials Grapple with Damage from Severe Storms

ENR Construction

California officials begin assessing the damage from a series of severe storms that have inundated the state over the past three weeks.

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Cyber, business interruption remain top global corporate risks

Construction Dive

Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.

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Montgomery, Ala., Whitewater Project Aims to Build More than Rapids

ENR Construction

The $75-million Montgomery Whitewater project is set to complete in summer 2023, and developers see much more than kayakers in the Olympic-level waters.

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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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Construction executive sees opportunity in Texas

Construction Dive

The executive vice president of MAPP, a Baton Rouge, Louisiana-based contractor, expects a bright future for the Sun Belt but predicts office and industrial projects will take a hit this year.

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Construction Material Prices Fall in Dec., But Outpace Goods in 2022

ENR Construction

Construction input prices fell in December at a greater rate than the Producer Price Index, but still outpaced the wholesale level marker of inflation for the year.

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The First UK Hospital Being Built Using AI Technology

AEC Business

University Hospitals Dorset (UHD) has announced that the new Royal Bournemouth Hospital is the first hospital facility in the UK to be built using groundbreaking AI technology, which increases efficiency and decreases costs. The technology, Buildots, automatically analyses data captured at the site via helmet-mounted 360-degree cameras. The platform then generates true-to-life progress reports supported by visuals, providing managers […] The post The First UK Hospital Being Built Using AI

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Green Building Council Ranks Top 10 States By LEED Certification

ENR Construction

The U.S. Green Building Council ranked states based on LEED-certified gross square footage per capita in 2022. .

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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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Ohio Court Reforms Construction Contract to Correct “Manifest Absurdity” in Termination for Convenience Term

Constructlaw

Hanuman Chalisa, LLC v. BoMar Contr., Inc., 2022-Ohio-1111, 187 N.E.3d 1108 (Ct. App.). Hanuman Chalisa LLC (owner) contracted BoMar Contracting, Inc. (BoMar) to construct a hotel in Columbus, OH. The contract consisted of the AIA A101-2007 and AIA A201-2007. The owner later terminated BoMar, alleging deficiencies in BoMar’s work. The parties disputed whether the owner terminated the contract “for cause” or “for convenience.”.

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Nonresidential Construction Spending Expected to Moderate Through 2024

Construction Superintendent Magazine

While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according to a new report from the American Institute of Architects. Despite macroeconomic headwinds such as inflation, rising interest rates and weak consumer sentiment scores, the AIA’s Consensus Construction Forecast panel is projecting nonresidential construction spending to grow 5.8% in 2023 but slow to under 1% in 2024.

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How insulated metal panels help achieve protection and aesthetics

Construction Specifier

Photos by Christian De Araujo. By Kevin Franz, AIA, BECxP, CxA+BE, LEED AP BD+C, CSI, CDT. Think about a new manufacturing facility in the exurbs, a high-rise apartment tower in a bustling city, or an office complex in the suburbs. The team responsible for bringing any building to life faces increased pressure to deliver on energy efficiency and design innovation.

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US Court Halts $5B NAVFAC Contract to Six Firms, Citing Flaws

ENR Construction

Bid protest by losing firm SLSCO Ltd. was upheld by federal claims court judge, but Naval Facilities Engineering Command response to further contract execution remains unclear. .

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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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Texas county adopts policy to curb construction death rate

Construction Dive

The rule will prevent companies with poor records from winning public jobs and will require employers to pay for managers’ OSHA training.

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US Court Halts $5B NAVFAC Contract to Six Big Firms, Citing Flaws

ENR Construction

Bid protest by losing firm SLSCO Ltd. was upheld by federal claims court judge, but Naval Facilities Engineering Command response to further contract execution remains unclear. .

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#121:  Owners' Duties to Withhold Money for Subcontractors

NH Construction Law

In New Hampshire, an owner generally owes no duty to subcontractors to see that they get paid. A few years back I blogged ( #19 ) that RSA 447:8 might be an exception to this general rule, imposing a trust in favor of subcontractors on money that an owner owes to a general contractor if the proper notices are given by the subcontractors. And this month, a court has finally agreed.

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Green Building Council Ranks Top 10 States, Based on LEED Certification

ENR Construction

The U.S. Green Building Council ranked states based on LEED-certified gross square footage per capita in 2022. .

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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.