Burst of Upgrades: School Buildings
Federal funding from the Elementary and Secondary Emergency Relief (ESSER) allocations has spurred optimism in school districts across the country. Projects that would ordinarily be nearly impossible to tackle are underway. Here are examples—and…
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IIJA: Funding Update
Construction insiders observe that the impact of federal funding from the Infrastructure Investment and Jobs Act (IIJA) has just begun to be evident, in real time in the marketplace. Read on to stay up…
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Bid More, Bid Better
Knowing how to successfully bid the right jobs is a unique art form in the contracting business. Poor bidding, can result in taking on projects that are financially challenging. Insufficient bidding can choke the…
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Onshoring: Building for Manufacturing
Ignited by the pandemic, interest in the “onshoring” of manufacturing, has resulted in the current construction boom. Suddenly, it seems, top notch, modern facilities cannot be built fast enough. Indeed, analysts report that manufacturing is…
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Safety First: New Resources
It goes without saying that safety is an ongoing priority for everyone in construction, but given the federal dollars flowing into infrastructure work across the country, OSHA is stepping up attention to safety—and directing…
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Improving Profitability: Field Data!
One of the biggest challenges for builders competing for new work is accurately estimating the scope and cost of a project and bidding accordingly. Pros point out that solid practices for gathering and leveraging…
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Red Light, Green Light, One, Two, Three?
Yes, no, maybe. Predictions remain afloat on many scenarios for economic conditions. Interestingly, Ken Simonson, chief economist for Associated General Contractors of America (AGC) point to signs of optimism. Read on to understand the…
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Depreciation: Time For New Tactics
The Bonus Depreciation, a popular tax deduction that was included in the Tax Cut and Jobs Act of 2017, begins its scheduled phaseout in 2023. Financial experts share tactics contractors can implement to “soften…
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Spending More Than Planned: Subcontractors
Labor and materials are costing subcontractors more then expected—lots more. Nonetheless, the majority of subcontractors experienced revenue growth in 2022 and are anticipating growth this year too. Read on for insights from the National…
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