From the category archives: Business

Business

How to Comply With Federal Employment Discrimination Regulations

  In legal terms, Executive Order 11246 expressly prohibits federal contractors and federally assisted construction contractors and subcontractors that conduct more than $10,000 in government business in one year from discriminating in employment decisions on the basis of race, color, religion, sex, sexual orientation, gender identity or national origin. The executive order also requires government contractors to take affirmative action to ensure that equal opportunity is provided in all aspects of their employment.

Four Factors Influencing the Equipment Rental Market

In the near term, several factors are influencing contractors’ and equipment distributors’ levels of confidence for the year ahead: federal highway funding, bonus depreciation, rising interest rates and Tier IV equipment.

Built to Last

Some companies—like some building materials—stand the test of time. David Allen Company, Raleigh, N.C., is one those companies, and it’s fitting that the company masterfully installs some of the construction industry’s most durable and appealing materials around: granite, marble, tile and terrazzo.

How Do You Use Benchmarking to Improve Company Performance?

Our focus has always been on profitability, not revenue. Benchmarking against our peers drives us to be a leaner, more efficient organization. 

On the ‘PATH’ to Better Tax Policy

With the passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015, Congress has significantly curtailed business tax uncertainty while putting “extenders” on a path to extinction. 

Price Increases Ahead for Drywall, Painting and Landscape Services

The price of plastering and drywall services is forecast to jump 7.7 percent in 2016. Additionally, prices for painting services are anticipated to increase 5.9 percent, and prices for landscape architecture and design services are expected to escalate 3.4 percent. 

Disaster Preparedness: Protections Every Contractor Should Have in Place

There is no one-size-fits-all plan for disasters, but that doesn’t mean contractors shouldn’t have a basic strategy. Realistically, contractors require specialized plans for different situations. Developing a plan isn’t difficult, but too many contractors neglect to carry through and take the steps necessary to continue improving their plans. 

Best Practices for Evaluating Insurance Investments

Making a higher spend at the beginning by investing in the cost of quality and minimized risk can often result in much greater savings at the end. 

Techniques to Maximize SDI Coverage and Streamline the Claim Process

SDI policies are viable risk transfer options that offer many benefits. Many of the drawbacks related to the claim process can be eliminated through advanced policy language negotiation, especially for larger policy purchasers, which will be perceived by the carrier as repeat customers. Drawbacks that cannot be negotiated can be minimized by employing preparation, organization and diligence, as well as competent legal counsel. 

2016 Insurance Market Forecast

While it’s important to understand the economics of the insurance industry, there is nothing a business can do to positively affect it. In the long run, the only way to reduce the cost of risk is to reduce the frequency and severity of claims that drive the cost. An effective risk control program and a partnership with the right broker who can thoughtfully present a company’s program to the insurance marketplace is the key to lowering costs. 

 

Mitigate Risk by Managing Information
Modern building and infrastructure projects generate a lot of data, and it’s...

Rethinking Health Care Construction
Outpatient and walk-in urgent care facilities are far less costly for organizations...

Pave It Forward
In September, The PHILLIPS School in Annandale, Va., debuted $150,000 worth...

2017 Construction Outlook
For now, it’s tempting to maintain a somewhat pessimistic outlook. A combination...

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