2021 Executive Insights: Leaders in Construction Technology
Industry experts share their thoughts on construction technology.
Leverage Community Research to Inform Change Before Construction Begins
Undertaking community research is a big task, but also essential to a successful construction project. As contractors conduct this work, maintain a commitment to prioritize mutual respect and trust with the community.
Protection Against Escalating Material Costs in the Construction Industry
Contractors are increasingly exposed to financial risk through material costs escalation. Understanding their options can lessen the risk of material cost increases.
ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down
Associated Builders and Contractors reported that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sept. 1.
Employee Retention Credit May Offer Thousands of Dollars per Employee
Taking advantage of the ERC could make a sizable difference in the cash available to operate a business and help to improve cashflow. For many contractors, this could mean the difference between staying in business or not.
How to Find Cost Savings in Today’s Construction Industry
As contractors continue to face the unique challenges brought on by the pandemic, sourcing and implementing the right technology is a viable solution to many of the cost-saving and operational issues the industry is experiencing.
Collaboration Reduces Risk, Protects Against Rising Costs and Labor Shortages
Construction is constantly changing, leaving contractors at risk of cost overruns caused by rising costs, labor shortages and supply chain issues. These risks can be reduced through measures to secure project costs early, prevent excessive change orders and maintain subcontractor relationships.
Global Projects Report Available From InEight
InEight has released its first annual “Global Capital Projects Outlook.” The document uses survey data from 300 of the world’s largest capital project owners and contractor construction professionals.
