Tag: Delays
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7 Smart Funding Strategies for Construction Supply Delays
The construction industry has suffered many blows in recent years, from rising material costs to supply chain disruptions. But you can weather the storms and navigate supply chain challenges with greater confidence by exploring diverse funding strategies. These are the 7 funding strategies for construction firms navigating supply chain disruptions. Understanding the Supply Chain Crisis…
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Calls grow to scrap Section 106 amid housing delays
Industry leaders and self-builders are calling for Section 106 payments to be scrapped, blaming them for delaying thousands of affordable homes across England and Wales. Over 17,000 homes are currently stalled because housing associations lack the funds to buy these properties from developers. While the government has introduced a clearing service to help unblock this…
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Private delays, abandonments drive project stress higher
Project stress rose again in April with the private sector nearing a multi-year high in abandonments, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects that have been paused, abandoned or have a delayed bid date, climbed 1.5% in April. The jump marks a 16% increase over…
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AECOM sees delays, deferrals tied to Trump policies
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Despite tariffs and other uncertainty stemming from the Trump administration’s policy moves, AECOM CEO Troy Rudd said in a Tuesday earnings call that he is feeling optimistic about the president’s push for deregulation, as well as long-term…
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Construction Delays and Burnout: The High Cost of Compressed Schedules
In the high-stakes world of construction, the project schedule is often seen as the immutable roadmap to success. It dictates timelines, resource allocation, and ultimately, profitability. Yet, all too often, this meticulously crafted plan encounters the harsh realities of the jobsite, leading to a phenomenon that can cripple projects: schedule compression. Simply put, schedule compression…
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9 in 10 Construction Pros Face Costly Delays: Sherwin-Williams Survey
The new Sherwin-Williams research report, Construction Insights, reveals the most pressing challenges facing leaders in advanced manufacturing construction, including widespread project delays, budget pressures and jobsite safety concerns. Surveying 194 general contractors, architects, engineers and designers working on projects exceeding $30 million. The research underscores the industry’s biggest pain points and highlights opportunities for safer,…
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Sherwin-Williams finds 9 in 10 construction pros face costly delays
The new Sherwin-Williams research report, Construction Insights, reveals the most pressing challenges facing leaders in advanced manufacturing construction, including widespread project delays, budget pressures and jobsite safety concerns. Surveying 194 general contractors, architects, engineers and designers working on projects exceeding $30 million, the research conducted by Endeaver Business Intelligence underscores the industry’s biggest pain points…
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How to Close a Cash Home Sale Without Delays
You want to finalize your property deal quickly and avoid the headaches of paperwork or missed deadlines. This guide shows how to keep everything moving so you can close a cash home sale without hiccups. You’re looking for ways to verify documents, handle title searches, and secure funds quickly. By locking down every detail ahead…
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More private construction projects face delays
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Construction activity posted a notable drop in project stress, but the improvement was far from uniform across sectors, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects that have…
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Intel delays Ohio chip project again to 2031
Dive Brief: Intel is once again pushing back its project timeline for two semiconductor plants in New Albany, Ohio, this time to 2030 and 2031, according to a memo sent to employees Friday. The chip manufacturer’s Mod 1 and Mod 2 fabrication facilities were previously expected to be ready by the end of 2026, but…