AI Construction Safety in a Changing World: Adapt and Innovate
- CONSTRUCTION, Outlook & Trends, TECHNOLOGY
- June 25, 2024
By Patrick Hogan, handle.com Construction businesses are acutely aware that streamlining business —particularly payments—can lead to faster transactions and, consequently, better bottom line. This is especially crucial in the construction sector where profits are typically slim and payment processes are notoriously slow. Thankfully, the industry is now actively moving toward electronic payment systems, a vital
READ MOREBY Gregory R. Veal, Bovis, Kyle, Burch & Medlin, LLC Much attention is given to qualifying potential surety bond principals, where underwriters examine a contractor or subcontractor’s capital, capacity, and character to determine single and aggregate bonding lines of credit. What about the other party to the bonded contract—the obligee? The project owner may be
READ MORERepublicans have won the White House and control of the Congress. As of November 13, House Republicans have 218 votes, enough for a majority to the Democrats’ 208. Votes are still being counted in California, Alaska, Ohio and Oregon. In the Senate, Republicans have won 53 seats, the Pennsylvania Senate race will go to a
READ MOREBy Mary Klett, ASA Communications Team Connecting people with people. That’s how Debra Scifo sums up her 26 years at the helm of ASA of Colorado. “My job is to help ASA members be successful, referring them to resources they’re looking for.” When she turns over the helm of ASA Colorado (ASAC) to her replacement
READ MOREBy Claire Wilson, Siteline When times are good, forecasting often takes a backseat. It’s easy for subcontractors to get caught up in the day-to-day and neglect the critical task of planning for the future. However, the current economic climate demands a more proactive approach. This is especially true for subcontractors, who are the most susceptible
READ MOREUS Census Total Construction Construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3 percent (±1.0 percent)* below the revised June estimate of $2,169.0 billion. The July figure is 6.7 percent (±1.8 percent) above the July 2023 estimate of $2,027.4 billion. During the first seven months of this
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