Building a Positive Cash Flow Floorplan

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.

The Best Kept Secret for Financing Construction Projects

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.

A Big Week for Engagement and Advocacy

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. 

Dispute Review Boards: An ADR Technique That Works

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. 

Protecting and Preserving Payment Rights Can Lead to a Healthier Bottom Line

  Experience tells the prudent contractor that certain processes can increase the likelihood of protecting and preserving payment rights. Payment issues and concerns typically arise during three construction phases: pre-, during and post-performance. 

Immigration Pitfalls for Employers to Avoid

  Immigration-related civil fines for companies reached a record high of nearly $16 million in 2013. Worse yet, employers can be subject to criminal penalties, including prison time, should the government find they engaged in a pattern or practice of hiring, recruiting or referring (for a fee) unauthorized aliens. In addition to routinely performing in-house audits every six months, and before and after any significant business changes, the following guidelines should help employers navigate the uncertain immigration landscape.

NCCER Compiles Average Salaries for 31 Trades

Average annual salaries for craft professionals ranged from just over $47,000 to nearly $89,000—not including overtime, per diem, bonuses or other incentives—according to NCCER’s 2015 Construction Craft Salary Survey. 

Industry Groups Challenge OSHA’s Final Silica Rule in Court

Employers covered by OSHA’s final rule on occupational exposure to respirable crystalline silica have until June 23, 2017, to comply with the new construction standard, except for requirements for laboratory evaluation of exposure samples, which begin on June 23, 2018.  Eight construction industry organizations have filed a petition for review of the final rule with the U.S. Court of Appeals for the 5th Circuit.

Safety: It's Everyone's Responsibility

“Contractors cannot be afraid of investing in the training and PPE required to do the job safely. Spending a couple thousand dollars here and there for training is nothing compared to paying that tenfold when you have an incident. Safety is good for business as it relates to efficiency and the bottom line, but also as it relates to the goal that every person on the jobsite leaves in the same or better condition as when they arrived.”

How to Achieve a Safety Data Analytics Advantage

Data use plans are an effective way of driving leadership engagement. They are easy to build, easy to engage with, and provide a roadmap to action using analytics as the driver. Start small and get some early wins; then expand, start scaling the analytics pyramid and go for a true analytics competitive advantage. 
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A Big Week for Engagement and Advocacy
ABC's Legislative Week, June 20-24 in Washington, D.C., is extremely important...

How to Achieve a Safety Data Analytics Advantage
Data use plans are an effective way of driving leadership engagement. They are...

What Should Contractors Know About Resiliency and How It Will Impact the Way They Build and Renovate in the Coming Years?
Aligning building performance expectations with community resilience is essential...

A Good Deed for Good Friday
This past March, Rio Grande Fence Co. donated and installed 560 linear feet...

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