Property Leasing Vs. Owning: What Makes Sense for Your Business?

  Leasing versus buying is a choice that can significantly change a firm’s future cash flow, tax strategy and net equity on the balance sheet. Both approaches have pros and cons, and it is important to understand the potential impacts of each option before making a decision.

The Five Biggest Mistakes Companies Make When Adopting Technology

As construction companies look to adopt new technology, they ought to keep the human factor in mind. Involving the team, setting and enforcing expectations, and doing so swiftly and fully are what will allow a company to succeed. 

Report Explores Economic Impacts of Commercial Real Estate

The NAIOP Research Foundation forecasts accelerated construction spending, with gains in fixed investment in office, retail, health care and distribution facilities being partially offset by cutbacks in energy-related construction expenditures. 

D.C. Law Expands Access to Solar Power

D.C. Mayor Muriel E. Bowser signed into law the Renewable Portfolio Standard Expansion Act of 2016, which seeks to help mitigate the effects of climate change in the district, as well as keep D.C. on track to meet its sustainability goals to reduce greenhouse gas emissions by 50 percent and ensure renewables make up at least 50 percent of its energy supply by 2032.

USACE Embarks on First P3

  Construction of the 36-mile flood diversion project, which has been in the works for eight years, will be performed under a public-private partnership—the first ever in conjunction with the USACE. 

Illinois Governor Vetoes Bill Tying Prevailing Wage to Union Contracts

  Illinois Gov. Bruce Rauner (R) vetoed Senate Bill 2964, which would have significantly changed the prevailing wage calculation process by tying wage rates to union collective bargaining agreements, on the grounds it discounted the wage rates of those who chose not to join a union (the majority of the construction workforce). 

‘Blacklisting’ Final Rule Takes Effect

Under the new “blacklisting” rule, effective Oct. 25, federal contractors and subcontractors are required to disclose any violations of 14 federal labor laws and OSHA-approved state plans to an Agency Labor Compliance Advisor (ALCA). ALCA will perform an assessment of the violations and make a recommendation to the contracting officer about whether a federal contractor is responsible enough to be awarded a contract covered by this rule. 

Construction Economists Forecast Continued Growth

Nonresidential construction spending growth will continue into the next year with an estimated increase in the range of 3 percent to 4 percent.

What Type of Roof Matches Your Climate?

  Whether a contractor’s clients are in the mountains with lots of snow or in a dry and warmer climate, their roofing material needs to protect them and their assets from harsh weather. Different climates call for different roofing materials and roofing solutions.

Paving the Way for Female Leaders

There are key things male-dominated industries like construction can do to address the gender imbalance, provide advancement opportunities for female talent and drive a more diverse workforce. The need to do so is more critical than some realize. 

 

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...

View this month's Digital Edition
Construction Executive
Print magazine published 10 times per year covering news, market developments and business issues impacting the construction industry 

eNewsletters:
Managing Your Business
Biweekly eNewsletter covering management and financial best practices

Tech Trends
Biweekly eNewsletter covering the latest construction technology trends and products

Risk Management
Biweekly eNewsletter covering surety bonding, insurance, safety and compliance.