September 24, 2021
Via: Construction DiveSEC Chair Gary Gensler said in July he has asked agency staff to submit a proposal for mandatory climate risk disclosures for agency consideration by the end of 2021. Such reports may be required in an expanded Form 10-K and […]
Construction Processes, Financial
May 12, 2021
Via: Construction DiveRudd said that AECOM’s government clients are on strong financial ground, thanks to money from the $350 billion American Rescue Plan. In fact, he said, the company’s largest state and local government clients are funded at higher levels now than […]
Construction Processes, Procurement
December 23, 2020
Via: Construction DiveThe three big drivers — backlog, revenue expectations and contractor confidence — in the business group’s report “nudged up” slightly from the third quarter, but failed to reach pre-pandemic numbers. All three CCI scores were 70 or above in Q1, […]
November 9, 2020
Via: Construction DiveWhile no one would disagree with OSHA’s mission, which is to ensure the safety of U.S. workers through compliance with the agency’s standards, the prospect of a workplace inspection might rattle even the most safety-conscious employer’s nerves with fears of […]
Construction Processes, Financial, Procurement
October 8, 2020
Via: ConstructConnectWhen it comes to construction, it is extremely important to have control over finances. Though it is one of those industries that have shown significant growth during the last two decades, construction firms are expected to face maximum loss on […]
Construction Processes, Financial
June 16, 2020
Via: Construction DiveHaving a strong relationship with a bank is crucial for businesses even in good times, but the uncertainty of the COVID-19 situation has reinforced the importance of an effective financial institution. Most recently, the Paycheck Protection Program demonstrated the critical […]
May 5, 2020
Via: ConstructConnectNorth America’s four major stock market indices, as shown in Table 1, all recorded strong recent month-to-month performances. They managed double-digit percentage gains from month-end closings in March to month-end closings in April. The appreciations ranged from a low of […]
Construction Processes, Financial, Interaction of Expertise
January 10, 2020
Via: ENRProject financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes. Like a DJ dropping the next track, the controller should drive the […]
Construction Processes, Design, Financial
May 16, 2019
Via: Construction DiveWhile developers are seeking tenants for Centennial Yards and planning amenities like concert venues and museums, a local citizens group has filed a lawsuit against Atlanta in an attempt to block the city’s use of publicly funded bonds to help […]
Construction Processes, Financial
January 16, 2018
Via: Construction DiveDespite the ULI’s findings, Bloomberg recently reported that the suburban office market is on an upward march as older millennials opt to move away from urban centers to smaller, more affordable cities nearby. And employers are tagging along. One of the contributing factors […]
Construction Processes, Financial, Procurement
January 12, 2018
Via: Construction DiveA too-narrow narrow gap between natural gas and crude oil prices contributed to the decision that South Africa-based chemical and energy company Sasol made to cancel its plans to build a $15 billion gas-to-liquids (GTL) factory in Louisiana next to its $11 […]
Construction Processes, Financial
September 1, 2017
Via: Construction DiveLive-work-play developments are still springing up in major cities, but those who are in the surrounding communities are looking to bring that urban walkability to their neighborhoods as well. In October, another Los Angeles–area developer, Westfield Corp., proposed replacing an […]
Construction Processes, Financial
August 31, 2017
Via: Construction DiveConvention center representatives attributed the rising cost estimate to the skilled-labor shortage in Denver, climbing steel prices and building code requirements. Denver officials expect pushback on the tax from hotels that are not in close proximity to the convention center, […]
Construction Processes, Financial
August 31, 2017
Via: Construction DiveThe construction workforce trending older has been cause for concern in some parts of the U.S. as the industry continues to cite the skilled labor shortage as one of its most critical problems. The Northeast, especially, could face challenges as […]
Construction Processes, Financial
June 20, 2017
Via: Construction DiveAffordable housing is just one reason cities like Omaha, Buffalo and Grand Rapids are becoming desirable places to move, particularly for first-time homebuyers, many of whom are millennials, though prices there are rising, too. Home prices were up 4.3% year-over-year […]
Construction Processes, Financial
June 2, 2017
Via: ENRThe value of new construction starts in April dropped 13% from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics. The decline followed three straight months of gains, which saw total […]
Construction Processes, Financial
May 25, 2017
Via: BDCNetworkBen Franklin is often attributed as saying only two things are certain in life: death and taxes. While this quote rings true, it can be assumed Franklin didn’t predict some entities would be handed a tax bill of $71 million […]
Construction Processes, Financial
May 24, 2017
Via: Construction DiveFor many years, the industry expected millennials to gravitate toward cities, but that hasn’t necessarily been the case, as nearly 50% live in the suburbs and 20% live in rural areas, according to Zillow. Amid skyrocketing home prices, the suburbs […]
Construction Processes, Financial
May 24, 2017
Via: Construction DiveApril’s wearker-than-anticipated new-home sales report follows a strong March, which was the best month for new-home sales since July 2016. One driver of that growth was a mild winter that allowed crews to get to work sooner putting up new […]
Construction Processes, Financial
May 23, 2017
Via: Construction DiveThe Trump administration has promised sweeping tax breaks and increased defense and infrastructure spending — pledges that some analysts worry could drive up the national debt sharply. Rumors earlier in 2017 anticipated the possibility of President Donald Trump attempting to […]