What’s the best way to price and bid on construction projects? To manage the bidding process effectively, each member of your staff must have a firm grip on the costs likely to be incurred during the course of fulfilling the contract. That’s according to Wesley Simmons’ post on ConstructionGlobal.com. Lack of consistency…(Read More)
Public private partnerships differ in scope from traditional public works projects designed by a government agency. In a typical P3 project, the private party enters the project earlier, and is capable of greater decision-making power, writes Todd Bryant, founder of Bryant Surety Bonds. “The bidding process works in a similar way as with conventional…(Read More)
Regular trainings and inspections can help reduce the number of crane accidents at construction sites. Familiarity with job sites is important, too. Cranes are used for different projects all the time and every work area hides its own hazards, according to writer Jeremy Roberts on ExploreB2B.com. He suggests before you start working on a…(Read More)
“Setting up a live video feed of construction projects can be a very effective tool for monitoring the entire scope of work,” says John Gerardi, a senior account executive at ProEst.com. “Camera feeds can boost the level of safety and security in the area of construction, as well as improve the documentation of the…(Read More)
Let’s skip the candy canes and warm socks. Professionals working construction jobs may prefer (more expensive) goodies such as geo-fencing and radio frequency identification tracking (RFID). Smart trailers are also ideal for construction sites. These are your headquarters in the field, according to Christina Urban’s post on Zbrella.com. “Smart trailers lets…(Read More)
“The number is almost off the charts, given what we’ve seen over the past 10 years,” explains Patrick O’Keefe, director of economic research at accounting firm CohnReznick. Are the higher-than-expected November hiring numbers a fluke? O’Keefe says no; companies are making up for hiring that was deferred earlier in the…(Read More)
As 2014 begins to wind down, it’s time to take a look back at the past year and assess the construction industry. It’s also a good time to look ahead to what may be in store in 2015. Three industry leaders recently shared their insights and perspectives. The highlights in this post includes…(Read More)
As convenient as technology and software can be in today’s business world, humans must still be involved in processes and workflows. For example, the Critical Path Method (CPM) is an algorithm used for scheduling. But it’s not a pass to sit back as the project begins. Missy Stein writes on Procore.com that…(Read More)
Job gains are widespread but still spotty. New research from the Associated General Contractors of America finds that construction employment gains have spread to more than two-thirds of the nation’s metro areas. Peppering the good news with cautious optimism, Ken Simonson, chief economist for the association, says there is growing risk that contractors…(Read More)
More than 40,000 new construction jobs were created in Florida in October, compared to October, 2013. Much of the 10.4 percent increase was concentrated in Miami-Dade and Palm Beach Counties in the southern portion of the state. J. Antonio Villamil, an economist with The Washington Economics Group, says population growth, foreign investment…(Read More)