Tag: Construction
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From BIM to Building: Finland’s Push to Digitalize the Construction Supply Chain
The way the construction industry manages product data throughout a project’s lifecycle is far from lean. The process involves manual re-entry at each step and repeated quantity takeoffs using the same data by designers, contractors, and manufacturers. We could prevent this costly and unnecessary work by systematically managing product data. At the May 20 Round…
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How Construction Companies Are Replacing CFO Turnover with Team-Based Financial Leadership
In today’s construction industry, uncertainty is a constant. Volatile material costs, protracted billing cycles and razor-thin margins place significant strain on management teams. For many mid-sized subcontractors and GC’s, an emerging challenge is a revolving door in financial leadership – high turnover in the CFO role is creating a dangerous blind spot. Research shows that…
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Building Safety Levy Q&A: everything construction needs to know
In this Q&A, Simon Lewis and Michelle Essen set out some important information about the levy so construction can get to grips with it before its implementation in autumn 2026. (Image: Erix2005 via Dreamstime.com) So much has been said about the levy these past few years – can you summarise the current position? Following this,…
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Why construction needs to lean into better mentorships
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Nelson Frech is senior project manager in the Indianapolis office of Skender Construction. Opinions are the author’s own. The construction industry is at a crossroads. Projects continue to grow in scope and complexity, driven by increased technical…
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R.D. Olson Construction breaks ground on $80M residential village
R.D. Olson Construction, a leading general contracting firm renowned for its expertise in multifamily projects, has begun the construction of the apartments on Vintage Farms, an $80M residential village in Murrieta, CA. The village will contain 330 market rate and luxury apartments spread across 11 buildings and 15 standalone garages on a 15-acre site. The…
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How should construction companies handle DEI under Trump?
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Attorney Neil C. Schur is a litigator and shareholder in Anderson Kill’s Philadelphia office. He is a member of the firm’s Employment & Labor Group. Opinions are the author’s own. In the wake of President Donald Trump’s…
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Bridging the Construction Skills Gap: 5 Ways to Upskill Your Workforce
From predictive analytics and AI-driven project management tools to digital twins and autonomous equipment, construction firms are embracing innovation at a rapid pace. In fact, more than three-quarters of the industry now report using some form of AI. But while the tools may be in place, the people using them are often an afterthought. Upskilling…
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New steel, aluminum tariffs will push construction costs higher
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. New tariffs on foreign steel and aluminum will raise construction costs further, adding to price spikes triggered by an initial 25% tariff on the materials earlier this year, according to a June 3 industry webinar hosted by…
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CITB announces £39m investment in construction colleges
The Construction Industry Training Board (CITB) has confirmed a major investment in National Construction Colleges (NCC) over the next three years. The investment in NCC sites at Erith, Bircham, and Inchinnan will support the expansion of the training provision, increasing the range and volume of apprenticeship and commercial training opportunities available. The investment across the three…
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Can a blockchain assurance tool build trust in residential construction?
The KPMG team has also developed a digital tool for assessing supply chain resilience. KPMG Supply Chain Predictor provides end-to-end, real-time oversight of a company’s entire supply chain, while using predictive analytics and AI to identify potential disruptions before they occur. Masters explains: “What this tool does is map out your supply chain across developments…