Whether you have a construction fleet of five or 500, the key to keeping your company’s vehicles and heavy equipment operational is implementing an effective preventive maintenance program. The average cost for a piece of heavy equipment is over $20,000. Depending on how much heavy equipment your company owns, a large percentage of your company’s […]

The commercial construction industry relies on a number of mutually beneficial relationships. This is most evident is the relationship between general contractors and trade contractors. General contractors typically subcontract out work to a variety of trade contractors in order to successfully complete construction projects. In turn, trade contractors rely on general contractors to provide them […]

What is the biggest current challenge facing the construction industry? It’s certainly not demand—in fact, the worldwide demand for construction is quite high. According to professional services provider PwC, global construction output is projected to grow 85% by 2030, with an average of 3.9% per annum up to 2030, which outpaces global GDP by a […]

Lean construction is all about efficiency. Construction firm owners should care about it because it has the potential to saves firms time and money. Lean construction accomplishes savings by allowing teams to complete jobs faster with less waste of materials, time and labor. This is especially important to construction companies after the end of the […]

Happy New Year! Now that we’ve bid adieu to 2016, it’s time for the construction industry to start focusing on what’s in store for the year ahead. A new year brings a new list of commercial construction trends to watch for in 2017. Continued demand for construction combined with nagging labor shortages will continue to impact […]

The ability to obtain surety bonding is a necessity in the commercial construction industry. Public entities typically require bid bonds along with performance and payment bonds for their projects. General contractors often require surety bonds from their subcontractors and more and more private entities are requiring bonds to protect themselves again contractor default. Establishing and […]

Productivity is simply the measurement of the effectiveness of effort. The rate of productivity is measured as total output per unit of input. In construction, an example of output would be something like square footage of flooring installed or cubic yards or earth excavated with the input typically being measured in man-hours. Maximizing productivity on […]