Tag: featured

November 22, 2022

The 2022 United Nations Conference of the Parties, more commonly referred to as COP27, was held between November 6 and November 18, 2022, in Sharm El Sheikh, Egypt. The conference included more than 90 heads of state and an estimated […]

November 22, 2022

The construction industry is one of the most wasteful industries in the world. Estimates reveal that construction and demolition activities account for approximately 40% of the solid waste generated yearly. This statistic amounts to nearly 100 million tons of waste […]

November 22, 2022

The Port Authority announced in 2017 the $18 billion JFK transformation to accommodate dramatic expected growth at the city’s main international airport. The pandemic had put the project on hold, with Terminal 6 now the final of four segments to […]

November 22, 2022

Transit officials halted work on the line on Oct. 21 following a history of injuries and issues dating to July 2021, according to a letter sent to the contractors by the Los Angeles County Metropolitan Transportation Authority. The letter alleges […]

November 21, 2022

Washington, D.C., had the highest share of women in construction as of August, with 17.6%. Arizona and Florida nabbed second and third place, with 15.6% and 14.5%, respectively. Delaware had the lowest nationwide, with 6.8%. The growth of women in […]

November 16, 2022

Managers and supervisors in the construction and manufacturing industries need to protect their employees from various work-related hazards, including the presence of silica dust. These particles can spread through the air when drilling, cutting, grinding, or sanding certain types of […]

November 16, 2022

Construction payments firm Billd secured a $100 million debt facility to fund its subcontractor customers’ short-term cash flow needs, the company announced. The warehouse-lending finance structure was led by Philadelphia-based asset-backed securities investor LL Funds. On top of the debt […]

November 16, 2022

It was the pandemic that finally made Prevost Construction’s use of data intelligence look really smart. The Carlsbad, California-based general contractor had already been harvesting budget and planning data from its binders and hard drives manually since 2015. When the […]

November 14, 2022

Your employees are your business’s most valuable asset. That means employee retention is likely one of your top priorities, but it’s also increasingly difficult in the current job market. While many organizations take proactive steps to keep their employees happy […]

November 14, 2022

Plan for market conditions to get worse before they get better. Despite battling supply chain issues since late 2020, the construction industry will see continued material price escalation over the next couple of years, according to industry sources. The forecast […]

November 8, 2022

Demand for data center construction bolstered the commercial component of the momentum index over the past several months, according to Dodge. This time around, the commercial component increased 13% in October largely due to a jump in office and hotel […]

November 8, 2022

According to the auditor general, areas of improvement for the WDBA include board appointments, corporate risk management and performance measurement and monitoring. Nonetheless, “despite the significant deficiency and weaknesses, the corporation reasonably maintained the systems and practices needed to carry […]

November 3, 2022

New construction’s modest jump means supply is poised to accelerate just as demand begins to slow, with a return to pre-pandemic averages expected in another three to four quarters, Newmark said. That tapering will roll out gradually, as construction timelines […]

November 3, 2022

The death toll in construction hasn’t changed in the past decade, raising important questions about the effectiveness of OSHA and what it would take to save more lives, according to an analysis by Construction Dive. Workers continue to die at […]

November 3, 2022

In early August 2022, Texas DOT warned that the project had design flaws so significant that “the bridge would collapse under certain load conditions” if it were finished per the current design. It cited a 2020 independent review that had […]

November 2, 2022

The majority of claims and disputes are not only intertwined, they also tend to share common roots, according to the report. For example, project owners, seeking to minimize their outlay on upfront design, allow construction work to proceed. That almost […]

November 2, 2022

James Barrett, chief innovation officer for Turner Construction, had grown tired of startups telling him that technology-based solutions to the firm’s problems were not available. “I got frustrated over the years, dealing with the random, unpredictable process of hoping the […]

October 26, 2022

Total construction starts posted 16% gains in the first nine months of 2022 compared to the same period of 2021. During that same span, nonresidential building and nonbuilding starts jumped 37% and 20%, respectively, while residential building starts remained flat. […]

October 26, 2022

The Los Angeles County Metropolitan Transportation Authority ordered a temporary halt of work on its $2.4-billion Purple Line Section 2 subway extension project over “serious and ongoing safety concerns” that officials said contractor Tutor Perini/O&G has not adequately addressed. The […]

October 25, 2022

Nonresidential growth in New York City over the next three years will be driven by large investments in healthcare facilities and new offices, according to the report. Office valuations in New York City are forecasted to decline by as much […]