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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.
You’re thinking about flooring improvement yet remain uncertain about selecting the appropriate material. The choice of flooring material has the power to transform your space for better or worse. The abundance of available flooring choices including traditional hardwood and modern luxury vinyl makes selecting the best option difficult. Market research data predicts the UK floor covering market will reach USD 2.59 billion by 2025.
AI is being aggressively rolled out in a wide range of industries from Healthcare to Banking to Retail, but the EPC sector seems reluctant to join in. That reluctance, in many cases, stems from widely held misconceptions and myths about AI in the context of EPC project management. In this series we’ll be leveraging our experience of consulting with EPC organizations around the world, and with project control teams, to dispel some of the most popular myths.
Construction professionals are creating and managing building drawings differently than ever before using Building Information Modeling ( BIM). The paper-based method has been entirely replaced by smart & digital facilities that enable and optimize some collaboration. BIM unites architects, engineers, and construction contractors in the same space to facilitate easy communication and streamline construction drawings.
Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant
Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.
Our annual Generational Marketing webinar, packed with fresh COGNITION Smart Data insights, provides invaluable data to help you understand what todaysand tomorrowshomebuyers truly want. Lake City, Colo. — In a free webinar on February 19 , Green Builder Media CEO Sara Gutterman will share detailed insights from COGNITION Smart Data, offering actionable advice on how to meet the preferences of Boomers, Gen Xers, Millennials, and Gen Zsand prepare for the upcoming demands of Gen Alpha.
Effective logistics management is a cornerstone of success in commercial construction , where timely material delivery and efficient resource allocation can determine project outcomes. However, traditional logistics approaches often face challenges such as inventory inaccuracies, supply chain disruptions, and project delays. Industry leaders are embracing technological advancements and data-driven strategies to remain competitive.
Effective logistics management is a cornerstone of success in commercial construction , where timely material delivery and efficient resource allocation can determine project outcomes. However, traditional logistics approaches often face challenges such as inventory inaccuracies, supply chain disruptions, and project delays. Industry leaders are embracing technological advancements and data-driven strategies to remain competitive.
I did an interview with Autodesk's Jugal Makwana at InfraBIM Open 2025. We discussed standardization, AI, and BIM. The post Standardization, AI, and BIM with Jugal Makwana appeared first on AEC Business.
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.
Waste to Wealth: Transforming Recycled Materials into High-Performance Concrete Additives Explore how recycling waste into concrete additives is reshaping sustainable construction with cost savings, improved durability, and reduced environmental impact. The post Waste to Wealth: Transforming Recycled Materials into High-Performance Concrete Additives appeared first on ConstructionPlacements.
Getting into a car accident is the kind of moment that can leave anyone feeling rattled, even if its just a minor fender bender. One second, everything is normalthen suddenly, theres the screech of tires, the crunch of metal, and an instant flood of adrenaline. Its easy to feel overwhelmed but knowing exactly what to do can make all the difference in protecting both legal rights and financial interests.
Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.
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.
The need for a healthier, greener environment is becoming more prevalent with each passing day. Construction waste currently represents about one-half of all waste generated in the UK, and only about 80% of that is going into clean-fill. Commercial waste is no longer a short-term problem that requires a short-term solution. With a lack of […] The post How to Manage Construction Waste Effectively first appeared on Civil Engineer Blog.
NI Water and its project team from BSG and McAdam have reached a key milestone in the extensive multi-million-pound Meadow Lane Wastewater Upgrade Project in Portadown. With the new pumping station nearing completion adjacent to Meadow Lane East Car Park, commissioning of the new wastewater infrastructure is due to get underway later this month. The first step in the commissioning process is to bring the flows from the new large diameter sewer into the new pumping station.
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.
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.
The firm responsible for M&E work during Grenfell Tower's refurbishment has filed for administration. The move means that Birmingham-based M&E contractor J.S.Wright & Co, which became an employee-owned trust in 2021, is set to stop trading after 135 years. The firm was appointed by Grenfells… The post Grenfell M&E contractor poised to enter administration appeared first on Construction News.
Users can see and benefit from real-time data to improve their operation. Images: Komatsu. Komatsu is ahead of the curve when it comes to Smart Construction and Intelligent Machine Control (IMC), changing the way projects are designed, planned, and executed. James Muir General Manager Smart Construction explains whats next for the company in this exciting space.
JCB will unveil a brand new electric micro excavator at this weeks Executive Hire Show the 8008E CTS. Joining the JCB E-TECH range of electric products with zero emissions at point of use, this new 1.0-tonne machine shares its structure, bodywork and dig-end with the conventional diesel-powered 8008 CTS and has the same control lever functionality.
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.
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.
The Science and Technology Facilities Council (STFC) is searching for a contractor to lead its 1.8bn estate overhaul, featuring new office space, labs and infrastructure upgrades around the country. In a prior information notice published on Thursday (6 February), the arms-length government body said it… The post Science agency seeks contractor for 1.8bn estate overhaul appeared first on Construction News.
At InfraBIM Open 2025, I interviewed Jarkko Sireeni on his thoughts on the evolution of infrastructure BIM and got a glimpse into 6DPlanner. The post Jarkko Sireeni of 6DPlanner on Infrastructure BIM appeared first on AEC Business.
The global water softening systems market is experiencing robust growth, fueled by the increasing prevalence of hard water and the rising demand for efficient water treatment solutions. Hard water, known for its negative impact on plumbing, appliances, and skin, is driving widespread adoption of water softeners across residential, commercial, and industrial sectors.
Ever feel like your home is shrinking? One day, everything fits just fine. The next, youre shoving things into closets, stacking boxes in corners, and wondering if your garage will ever see a car again. If it feels like space is disappearing, youre not alone. With housing costs rising and new home sizes shrinking, more people are looking for creative ways to make the most of what they have.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
Bam Construction made a loss of more than 40m last year after the Co-op Live Arena in Manchester went at least 85m over budget. A full-year results announcement, published this morning (13 February) by Netherlands-based parent firm Royal Bam, show the groups UK construction business… The post Bam Construction suffers 40m loss after Co-op Live problems appeared first on Construction News.
At InfraBIM Open 2025, I met with Maximiliano Silva Rigenstrup and asked him to explain what Dalux offers for infrastructure construction. The post InfraBIM Open 2025: Dalux Interview appeared first on AEC Business.
A new report from industry-leading manufacturer of power tools, accessories and hand tools MILWAUKEE has found that risk remains unacceptably high on European construction sites, harming workers, employers and the wider sector alike. The report, Building a Safer Future, draws on a specially commissioned Europe-wide poll of 3,200 construction professionals.
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.
Risk management in construction faces pressure from tighter margins, compressed timelines, and increasing complexity. This guide shows how AI strengthens project stability by predicting risks across cost, schedule, safety, supply chains, and workforce planning. AI algorithms analyze procurement data, subcontractor bids, equipment performance, and site conditions to identify potential disruptions.
Image: www.investregional.nsw.gov.au/ Road resurfacing at Kiewa Street in Manildra, New South Wales will deliver safer journeys for all motorists driving on the main street of the town. Transport for NSW will remove and replace the existing road surface right through the centre of town, starting on the western side of the Mandagery Creek Bridge and stretching to 50 metres west of the intersection with Boree Street.
Heathrow Airports boss has announced a multibillion-pound plan to build new infrastructure while laying the groundwork for its long-proposed third runway. In a speech this morning (12 February) at British Steels plant in Scunthorpe, Heathrow chief executive Thomas Woldbye also signed the UK Steel Charter.… The post Heathrow commits to using UK steel in multibillion-pound expansion plan appeared first on Construction News.
The Dodge Momentum Index, issued by Dodge Construction Network, grew 5.6% in January to 225.7 (2000=100) from the revised December reading of 213.6. Over the month, commercial planning increased 4.2% while institutional planning improved 8.7%. On the commercial side, data center, traditional office building and warehouse planning led this months gains.
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