Temporary cooling solutions such as cooling towers, chillers and air conditioners allow construction companies to prevent project delays, increase worker safety and improve their balance sheet by avoiding high-cost capital expenditure commitments on short- to mid-term duration needs.
Mass timber systems allow for safe construction sites for several reasons: the ability to prefabricate large panels offsite, leading to reduced construction duration and easier erection; an installation that does not require the use of a ladder; and the “dry process,” which allows construction to move forward during poor weather.
Affirming a U.S. District Court ruling from 2014, the U.S. Court of Appeals for the District of Columbia issued a decision that stops an unprecedented expansion of the Davis-Bacon Act onto the CityCenterDC project on the grounds that the District of Columbia was not a party to the construction contracts and that the project is not a “public work” because it is not publicly funded or government-owned or government-operated.
The heavy construction and engineering industry recorded the second most severe driving incidents for service-based vehicles—29 percent above the national average of 2.5 severe driving incidents per every 1,000 miles driven.
Unsuspecting hotel design and construction teams need to heed the warning: Rigid adherence to brand design and construction standards without factoring in specific regional and climatic conditions can result in significant mold and moisture issues in new hotel construction.
Firms with better safety records are less exposed to lawsuits and claims for workers’ compensation. Trained workers are more likely to stay on the job. Better safety means fewer expenses to repair damaged equipment and reputation. And, safe companies eliminate the costs of investigation, potential workplace interruptions and impacts on morale.
Building a cash flow system from the ground up starts by following a management floorplan. The biggest challenge is not aligning the core principals, but rather keeping up with these recommendations over time. Setting up a strong system will benefit the business in the long and short term.
Most companies face the question of how to best meet the need for long-term financing for capital projects. As it turns out, owners—often along with their contractor partners—can utilize bond financing for land acquisition, construction and even equipping a wide range of improvements.
ABC's Legislative Week, June 20-24 in Washington, D.C., is extremely important this year as the association works to keep a merit shop-friendly congressional majority and elect a president who will protect contractors from burdensome regulations.
The use of dispute review boards serves to minimize the acrimony that occurs through more conventional dispute resolution. It should be considered for major construction projects, beyond public-private partnerships and infrastructure.