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Related Links: White House Rolls Out Private Infrastructure Finance Plans Biden Calls For More Private Investment Despite the uptick in construction, many firms are feeling hamstrung by the hesitancy of traditional banks to provide growth capital. Unfortunately for smaller players in construction, the small business lending process is not working well, with banks often reluctant to lend to smaller firms and offering high-rate and fee-laden business credit cards.Some Small Business Administration loans are available, but they can be cumbersome to obtain, with many banks preferring not to offer SBA loans of less than $350,000. Fortunately, new online SBA options do
About 10 years ago, researchers at the Massachusetts Institute of Technology and the Georgia Institute of Technology set out to form the Construction History Society of America (CHSA), modeled on a similar society in the United Kingdom. Until that time, research and inquiry into the history of the American construction industry had been as fragmented as the industry itself, with each segment pursuing its own field of interest. Now, we are able to pull together the various strands. Next month, the CHSA is hosting the Fifth International Congress on Construction History in Chicago on June 3-7.BOWENIs this just an exercise
Sometimes the well-known drawbacks to engineering and construction careers—countless hours in front of a computer screen or moving from town to town for new projects—seem to overshadow the inspiring aspects of working in the industry.
With the turnaround in the economy and a workforce development crisis on every level, an old issue has reached a tipping point. I’m talking about the lack of diversity in the construction industry. DarnellIt is time to start a meaningful dialogue to create some traction toward a resolution. It is time for everyone to dig deeply and focus on this issue and for all sides to commit to a proactive approach. It is time that we meet in the middle and figure out how to use a more diverse workforce to create better projects and better business results. I have
道奇数据和分析业主通知该设计n team of a budget contingency about half the time. Related Links: Managing Uncertainty and Expectations in Building Design and Construction I hate secrets, but the owners of building construction projects apparently believe in them.Deep within one of my company's most important recent publications, a SmartMarket Report on uncertainty in building construction, is a fascinating series of findings about whether owners establish contingencies in case their project costs run over budget.Owners, it turns out, often keep the information secret from other members of the project team."Which may explain," say the authors at
Construction in New York City is being left behind in the data revolution. If subcontractors don't shed their resistance to providing data and stop keeping it in separate public-agency silos, we will never advance, and we will never be able to understand our businesses. We can't measure what we don't have and can't see.Further, the current state of industry databases makes it impossible to cross-reference related work histories and other relevant information on payroll records, work experience, and crucial-task and work-area data. Baseline task reporting, with attached area reporting, enables project-managing agencies to track the actual hours needed to frame