As communities shift their focus to building “smarter” cities, a huge opportunity exists in the construction industry. In fact, 37 percent of municipal leaders prioritize “smart buildings” as an area for future investment, according to Smart City/Smart Utility, a 2017 Strategic Directions Report by Black & Veatch.
From bid preparation through project development, completion and maintenance, drones offer ways to speed results and reduce costs on heavy/highway construction projects.
Typically, disruption in the workplace is counterintuitive to productivity. But in terms of creating innovative ways to manage people, processes and technology, the concept of “disruption” isn’t such a bad thing for the construction industry. Change is stirring whether contractors are ready for it or not, and firms that have adopted new ways of managing scheduling and workflows are seeing stellar results—earning the accolades of repeat projects for key clients, as well as happy project partners.
Contractor tool and equipment theft is commonplace. According to the most recently published National Insurance Crime Bureau (NICB) Heavy Equipment Theft Report, thefts are increasing and recovery rates are less than one in four.
Overall, confidence in the equipment finance market is 73.4, an increase from the December index of 67.5, according to the Equipment Leasing & Finance Foundation’s January 2017 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). January marks the highest index since the MCI was launched in May 2009 to track recovery after the 2008 downturn.
With many new green flooring material trends on the rise, choosing the right material for application and LEED certification can be difficult. Following are the top flooring materials to help keep projects LEED-certified.
Construction input prices rebounded in December after experiencing a steep decline in November, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Input prices rose 0.4 percent for the month and are up 2.1 percent year over year, the largest 12-month increase in 30 months.
How to Choose a Roof for Winter Weather Conditions Construction Contractors Must Consider Climate for Roofing Types and Materials
Winter months have a broad range of weather conditions, from blizzards and torrential downpours to dry and frigid temperatures. Building owners and managers must be aware of the demands placed on roofs to ensure belongings are secured and protected from inclement weather. Following are a few roofing solutions for three different winter weather conditions.
OSHA to Increase Crane and Derrick Operator Requirements Construction Contractors Must Prepare and Train Employees Now on Safe Equipment Operation
This time next year, OSHA’s new certification requirements for crane operators goes into effect. The new requirements revise the current Cranes and Derricks Standard to detail work practices and qualifications necessary for employees to safely use cranes and derricks, according to OSHA.
Eight Tips for Complying With New Lease Accounting Rules Construction Contractors Must Start Now to Implement New FASB Standard
Though many contractors are aware of the upcoming changes to lease accounting, many are unsure of how to transition to the new accounting standard, known as Accounting Standards Codification Topic 842 (ASC 842).
More than 40 percent of all medium and heavy-duty diesel commercial trucks in operation in the United States—4 million of 9.5 million total—are now equipped with newer technology clean diesel engines, according to new Diesel Technology Forum (DTF) analysis of IHS Automotive vehicles in operation statistics.
Steel Costs Predicted to Rise After Hitting Record Low Contractors Must Prepare for Increasing Costs of Steel and Steel-Based Construction Equipment
In March, the price of steel in the United States hit record lows, bottoming out after several years of volatile declines. In fact, during the past three years alone, IBISWorld estimates the price of steel has dropped at an annualized rate of 7.1 percent.