Business

Efficient to Effective: The Rise of Data Intelligence

by Michel Richer | May 14, 2021
Artificial Intelligence | Data Analytics | Productivity | Technology

Construction software delivers efficiency and streamlines manual processes, but now software must provide solutions that drive the effectiveness of those processes through data intelligence.

Shorten the Time to Foreclose a Lien

by Patrick Barthet | May 13, 2021
Business | Business Development | Finance | Risk Management

While the timeframes for filing, enforcing and discharging construction liens vary by state, some statutes allow for the outright cancellation of a lien. An electrical subcontractor recently found this out the hard way.

Strategies for Surviving Recessions: Avoid Common Industry Mistakes

by Stephen King | May 12, 2021
Business | Business Development | Economy | Leadership

Leaders must make the best decisions using the right data. Leaders also avoid mistakes. They must be decisive, productive and inspiring, but also be right and foster a highly productive and formidable business operation.

U.S. Materials Prices at All-Time High, Contractors in the Lurch

by Construction Executive | May 11, 2021
Economy | Markets

Due to the rising costs of oil, high demand from commercial and residential builders, tariffs and delays from COVID-19, prices for steel, lumber, sealants and geotextiles have hit record highs.

ABC’s Construction Backlog Inches Up in April; Contractor Optimism Slips

by ABC | May 11, 2021
Economy | Markets | Total Human Health

Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 7.9 months in April, according to an ABC member survey conducted April 20-May 5, 0.1 months higher than in March 2021 and April 2020.

Ready to Mobilize in 2021: 10 Things Every Contractor Should Consider

by Carl Oliveri | May 11, 2021
Business | Finance | Taxes

Everyone has their own descriptions of the type of year 2020 was. Words like “challenging,” “uncertain,” “reinvention,” “THE election” come to mind, but perhaps the catchall description is “unprecedented.” It is not often that the [...]

The Construction Submittal Process: The Gold Standard Review

by Nelson S. Frech | May 11, 2021
Business | Finance | Project Management

The submittal review process applies administrative checks and balances to all aspects of a construction project. Construction managers and general contractors should approach this process as an additional opportunity to add value to their clients’ projects.

How Small and Mid-Sized Construction Companies Can Overcome Increased Taxes and Restrictions

by Construction Executive | May 11, 2021
Business | Economy | Finance | Taxes

Among current business and industry issues, two stand out in the minds of small and mid-sized construction companies: tax increases and banking restrictions. After years of lower taxes, it almost seems inevitable they will rise, [...]

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Efficient to Effective: The Rise of Data Intelligence

Shorten the Time to Foreclose a Lien

Strategies for Surviving Recessions: Avoid Common Industry Mistakes

U.S. Materials Prices at All-Time High, Contractors in the Lurch

ABC’s Construction Backlog Inches Up in April; Contractor Optimism Slips

Ready to Mobilize in 2021: 10 Things Every Contractor Should Consider

The Construction Submittal Process: The Gold Standard Review

How Small and Mid-Sized Construction Companies Can Overcome Increased Taxes and Restrictions

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