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Construction Techniques

Despite $50B of investment, contech is being held back by its fragmented customer base

June 7, 2023

Via: Construction Dive

The report found that the contech market is maturing, with $11.5 billion of late-stage venture capital entering the space between 2020 and 2022, more than triple the amount from the previous three years. Meanwhile, mergers and acquisitions have also taken […]


Construction Processes, Financial

Project Financial Control for Construction and Engineering

June 6, 2023

Via: ENR

In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk. That […]


News

Single-family rental construction more active than ever

June 6, 2023

Via: Construction Dive

The totals for new single-family build-to-rent homes delivered and under construction by the end of 2022 surged far ahead of the mid-year numbers that Yardi Matrix, RentCafe’s parent company, recorded last August. Eleven of the nation’s major metros saw surges […]


Sustainability

The Paradox of Sustainable Architecture: Durability and Transience

June 5, 2023

Via: ArchDaily

To convey the might and prestige of their empire, the Romans constructed enduring architecture as symbols of their long-lasting reign. Emperors employed grand public works as assertions of their status and reputation. Conversely, Japanese architecture has long embraced ideas of […]


News

Time is Running Out: ENR Mountain States’ Top Contractors Surveys Due June 5

June 1, 2023

Via: ENR

ENR Mountain States is putting the finishing touches on its annual top construction firms lists, which will be published in the July issue of the magazine. Contracting firms will be ranked based on 2022 revenues for work done within the […]


Sustainability, Uncategorized

Concrete Floor Coatings: An Introduction Guide for 2023

June 1, 2023

Via: gb&d magazine

Whether you’re updating your garage or designing a commercial space, concrete is a solid choice. But untreated concrete can be slippery, hard to clean, and easily damaged. Adding a concrete floor coating eliminates those issues while enhancing the safety and […]


News

What is the status of the North American crane market?

May 31, 2023

Via: Construction Europe

Heavy equipment and construction markets are in a unique position. The United States is facing the possibility of a looming recession, while on the flip side, the country is seeing a boom in infrastructure projects following the enactment of President […]


News

Top 10 commercial contractors of 2023

May 30, 2023

Via: Construction Dive

Rounding out the top five were Omaha, Nebraska-based Kiewit and New York City-based STO Building Group, at No. 4 and No. 5 respectively. Each dropped a rank from the previous year as MasTec’s entrance shuffled the list. Of last year’s […]


News

Majority of highway contractors report work zone crashes in last year

May 30, 2023

Via: Construction Dive

AGC released a video highlighting the March 22 crash with interviews from workers with firsthand experience working inches from speeding vehicles. “I want to go home tonight, just like you want to get where you’re going right now,” Harvey Kline, […]


Construction Techniques

Construction management software BuildOps raises $50M

May 24, 2023

Via: Construction Dive

Construction management software developer BuildOps has raised an additional $50 million in funding, the company announced on May 18, bringing the company’s total financial backing to $100 million. The round was led by Fika Ventures and former Twitter CEO Dick […]


Construction Techniques

ConTech Conversations: Why ChatGPT wants contractors to try AI

May 24, 2023

Via: Construction Dive

ChatGPT, OpenAI’s much talked-about language model, has a lot to say about the construction industry — specifically, its adoption of tech and artificial intelligence. The program generates responses in a conversational way via the massive amounts of information on the […]


Construction Processes, Financial

Virginia to invest $365M in school construction

May 23, 2023

Via: Construction Dive

Nationwide, schools anticipate a burst of federally funded upgrades to facilities this summer. That’s in part due to loosening of backlogged projects and summer break, which makes school construction easier in the absence of most students and staff. Congress approved […]


News

The Benefits of Growing Your Network in the Construction Industry for General Contractors

May 23, 2023

Via: ConstructConnect

In the world of commercial construction and especially working as a general contractor, networking and building relationships are vital and necessary skills that spur leads and drive revenue. Whether in person at a trade show, online on a project database, […]


Construction Techniques

What Is Mass Timber?

May 22, 2023

Via: ArchDaily

Wood is the concrete of the future. As timber construction becomes increasingly popular, you have probably heard this phrase. However, we are not talking about traditional construction techniques using timber, but rather about this well-known material combined with cutting-edge technology. […]


Construction Site Safety, Hazards

Safety considerations for older employees in the construction industry

May 17, 2023

Via: ISHN

Opposed to other industries, the construction industry is made up largely of an aging workforce with the percentage of employees 50 years and older doubling from 2003 to 2020. It’s actually a major threat to the industry, as employees are […]


News

Norwalk River Rail Bridge Begins Six-Year, $925M Path to Replacement

May 17, 2023

Via: ENR

Construction is officially underway to replace the Walk Bridge, the troublesome 127-year-old Norwalk, Conn., railroad crossing with a new, more reliable structure better suited to the northeast’s growing volume of passenger traffic. A May 14 groundbreaking ceremony in Norwalk signaled […]


Construction Processes, Legal

High Court Overturns Contractor Louis Ciminelli Bid-Rig Conviction

May 15, 2023

Via: ENR

Prosecutors lost a tool to go after illegal bid rigging following the U.S. Supreme Court’s May 11 opinion that overturned the conviction of upstate New York former contractor Louis Ciminelli for allegedly helping to structure requests for proposals for projects […]


News

Modular builder wins $2.2M Vermont school contract

May 15, 2023

Via: Construction Dive

The South Burlington School District has awarded KBS Builders, a South Paris, Maine-based modular builder, a $2.2 million contract to manufacture and build three classrooms and two group rooms at two elementary schools in Burlington, Vermont, according to a company […]


Construction Processes, Design

What is Architectural Technology? How Technology is Changing the Industry

May 10, 2023

Via: ArchDaily

Professionals in the AEC industry are well aware of the issues that grapple the built environment. That the construction industry is the largest consumer of materials and is responsible for 40% of all carbon emissions is a commonplace fact. Construction […]


Construction Site Safety, Hazards

Load control is vital for crane safety

May 10, 2023

Via: Construction Europe

Crane rigging is crucial to construction and industrial projects, but can be among the most dangerous. According to the U.S. Bureau of Labor Statistics, hundreds of injuries and deaths involving cranes occur each year1. With such high stakes, it’s time […]