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In 2022, the Biden administration passed the Inflation Reduction Act (IRA), and now a report from the U.S. Department of the Treasury highlights how households are benefiting from the IRA's clean-energy tax incentives. According to analysis of the report by Pro Builder's sister site Custom Builder Online, 3.4 million households benefited from $8.4 billion in IRA tax incentives for clean-energy home improvements last year.
Wages for residential building workers are growing. According to the National Association of Home Builders’ Eye On Housing blog, residential building workers’ wage growth increased to 9% in June, marking the fastest year-over-year growth rate since December 2018. As of June, the average hourly earnings for residential building workers was $32.28 per hour, compared with $29.62 per hour one year ago.
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.
The increasing frequency and severity of climate change and extreme weather events are causing damage to property, exacerbating risks for both homeowners and insurers across the U.S. As the current homeowners' insurance market struggles to keep up with these challenges, a nationwide solution could be the answer. According to National Mortgage Professional, one solution being proposed is the Federal Natural Hazard Insurance Corporation (FNHIC).
The increasing frequency and severity of climate change and extreme weather events are causing damage to property, exacerbating risks for both homeowners and insurers across the U.S. As the current homeowners' insurance market struggles to keep up with these challenges, a nationwide solution could be the answer. According to National Mortgage Professional, one solution being proposed is the Federal Natural Hazard Insurance Corporation (FNHIC).
Although new administrations can bring new priorities, long-term building trends around infrastructure and environmental work remain unchanged, said CEO Troy Rudd.
LONDON– AI construction technology leader Buildots has announced the release of a new Integrated Tracking feature to further enable unified tracking of automated and manually-recorded tasks within a single platform on both mobile and desktop devices. The new feature allows project teams to leverage AI for automated progress tracking, while enabling professionals to log and verify tasks requiring human oversight, such as confirming the presence of electrical wiring in conduits or completion of
Bidirectional mentoring isn’t just valuable, the future of our industry depends on it, writes Nancy Novak, chief innovation officer of Compass Datacenters.
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.
In this episode, John Chamberlin, Senior Director of Product Management for Georgia-Pacific Building Products, sits down with host Paul Deffenbaugh to discuss advancements in the construction industry.Tune in as they delve into the ForceField® Weather Barrier System, its integration, and the benefits it offers, including improvements in air and moisture resistance, energy efficiency, and ease of installation.
Mechanics is the branch of science that studies the effect of force or forces on any kind of body, when it is in the state of rest or in state of motion. We know that a body can be either rigid, deformable or fluid in kind. These types of body can either be in the state of rest or in the state of motion.
The single-family rental market has been growing over the past several quarters, but landlords remain cautiously optimistic about where the market is headed. A report from the ResiClub blog and real estate investment lender LendingOne shows investors expect a fairly stable market through the next year and plan to act accordingly. About 60% of landlords say they intend to purchase at least one investment property over the next year, while 39% plan to sell one.
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
The Competition & Markets Authority has found that Barratt’s £2.5bn deal to purchase Redrow Homes raises competition concerns only in one specific part of the country.
Manufactured stone veneer (or MSV) is a man-made exterior building product chosen by builders to mimic the aesthetic of natural stone without natural stone’s limitations. StoneWorks aims to help builders make an informed decision about the products they utilize in their projects – and understanding the pros and cons of manufactured stone veneer is the first step to making an informed decision.
A periodic indicative notice has been issued by Anglian Water for its Fens and Lincolnshire reservoir projects. The post Anglian issues Periodic Indicative Notice (Pin) for main works on £5bn reservoirs scheme appeared first on New Civil Engineer.
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.
RRB Recruitment 2024 For Engineers and Supervisors | 7951 Posts | 29-08-2024 RRB Recruitment 2024 For Engineers and Supervisors with 7951 Posts vacancies, last date to apply for this job is 29-08-2024 The post RRB Recruitment 2024 For Engineers and Supervisors | 7951 Posts | 29-08-2024 appeared first on ConstructionPlacements.
Rolls-Royce may be on the verge of selling its Rolls-Royce SMR subsidiary in order to secure more funding for the business as it seeks to be the first to deploy small modular reactors in the UK. The post Rolls-Royce considering ‘a range of options’ over sale of SMR business appeared first on New Civil Engineer.
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.
Hampshire County Council and North Somerset Council have discussed the potential reinstatement of abandoned railway lines in their counties despite the recent axing of the Restoring Your Railways scheme. The post Councils hopeful on reopening of abandoned lines despite axing of Restoring Your Railways appeared first on New Civil Engineer.
Image: efired/ stock.adobe.com Work is now complete on the upgrade of Brighton Road and Edwards Street junction at South Brighton in Adelaide. The jointly funded project from the Federal and South Australian governments included the installation of traffic lights, a signalised pedestrian and a cyclist crossing. The $30 million works considered relevant environmental, economic, social and safety factors which has been designed to improve pedestrian and cyclist safety.
We have the technology in wind and solar to move away from fossil fuel generation. But progress towards a zero carbon grid brings its own challenges. ESO, the electricity system operator, has a target of running the grid on zero carbon electricity for an hour… The post Repurposing for renewables: strategies for stability in the move to a zero carbon grid appeared first on New Civil Engineer.
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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High-consequence earthworks failures on Network Rail’s railways are currently at peak since the inception of an Office of Rail and Road metric in 2008. The post Earthworks failures on rail network at highest rate since 2008 appeared first on New Civil Engineer.
The Future of Construction: When Robots Take Over and New Human Jobs Emerge As robots take over construction sites, the industry faces a revolutionary transformation. Discover new job opportunities for humans in robotics, AI, data analysis, and more. The post The Future of Construction: When Robots Take Over and New Human Jobs Emerge appeared first on ConstructionPlacements.
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