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20 Quotes on the Importance of Thankfulness and Gratitude

Nov 23, 2022 (0) comment , , ,

  With Thanksgiving tomorrow, here are 20 quotes that really help put into perspective the power and importance of being thankful more of the time and not just on one particular day out of the year. May your Thanksgiving be bountiful with reasons to be grateful.   Gratitude can transform common days “Gratitude can transform […]

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Construction planning numbers leap in October despite recession fears

Nov 11, 2022 (0) comment , , ,

Brief: The Dodge Momentum Index, a benchmark that measures nonresidential building planning, increased 9.6% in October driven by an uptick in office and hotel and projects, according to Dodge Data & Analytics. The October reading follows a 5.7% increase in September and is up 28% for the year, the latest sign the construction industry continues […]

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10 Tips for Submitting Better Bids

Nov 04, 2022 (0) comment , ,

Putting together a winning bid proposal, or even a competitive one, takes knowledge and skill. It’s a bit more complicated than just putting some numbers together and hoping for the best. Good bid preparation requires a lot of time and effort and involves everything from reading and fully understanding the plans and specifications to accurately […]

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Lendlease leverages mushrooms for recycling

Oct 13, 2022 (0) comment , , ,

Brief: Fungi aren’t just a pizza topping, they’re also potentially a key solution to the construction industry’s waste and recycling problem. Australia-based contractor Lendlease recently completed a recycling pilot that used mushrooms to break down roofing shingles from 214 houses at the Fort Campbell Army installation in Fort Campbell, Kentucky, the company announced in a release. Once […]

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PCL details renovations at LA’s Crypto.com Arena

Sep 30, 2022 (0) comment , ,

Brief: Los Angeles-based sports and entertainment conglomerate Anschutz Entertainment Group selected Edmonton, Canada-based general contractor PCL Construction to renovate Crypto.com Arena (the former Staples Center) as well as L.A. Live’s Xbox Plaza. AEG and PCL did not disclose the total cost of the project. Work started this summer and will carry on through 2024, according to […]

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Texas advances $85B road-building plan

Sep 16, 2022 (0) comment , ,

  Brief: The Texas DOT will spend a record $85 billion on roadway construction and other transportation efforts over the next 10 years, according to the agency’s 2023 Unified Transportation Program, which directs federal and state funding to projects. These UTP funds are in addition to $32 billion over the life of the program for […]

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The ‘bonus’ tax deduction in the Inflation Reduction Act for construction firms

Aug 25, 2022 (0) comment , , ,

Affordable excess liability insurance coverage for small businesses and contractors.

Brief: While most of the tax deductions and incentives to build climate-friendly structures in the Inflation Reduction Act go to building owners, one area can significantly benefit contractors as well, a construction tax expert said. Phillip Ross, leader of the construction industry group at New York City-based accounting advisory firm Anchin, detailed how contractors can […]

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Chula Vista, Port Break Ground on $1.3 Billion Bayfront Resort and Convention Center

Aug 19, 2022 (0) comment , , ,

Chula Vista took the next step toward its ambitious Bayfront plans, as city and Port of San Diego leaders Wednesday broke ground on the Gaylord Pacific Resort and Convention Center — the centerpiece of the development. This will be Gaylord Hotels’ first West Coast location. City and port leaders hope the convention center will spur […]

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Tech giants plan to spend billions to construct new plants, data centers

Jul 28, 2022 (0) comment , , ,

Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming years. Samsung, the South Korea-based electronics company, has begun applications for tax breaks on 11 potential chip plants worth about $191 billion in Texas. Chung Sung-Jun / Staff via Getty Images  Tech companies are influencing a boom in different types of construction, namely […]

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6 Construction Payment Problems and How to Avoid Them

Jul 21, 2022 (0) comment , , ,

Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s no secret that in the construction industry, cash flow is king. Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s an industry-wide problem, and it affects subcontractors, residential contractors and […]

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