Working to Make A Difference— UH HUB Program Provides “Change Agent” Opportunities for Vendor Participation

Working to Make A Difference— UH HUB Program Provides “Change Agent” Opportunities for Vendor Participation

With a mission to be a valuable change agent toward increasing contracting opportunities for historically underutilized businesses (HUBs), the University of Houston HUB program provided the chance for attendees to learn more information about key construction projects at the Construction Projects Informational Meeting held last month, which included panelists and contractors supporting the UH College…

Business for All: Inside Bexar County’s Small Business and Entrepreneurship Department

Business for All: Inside Bexar County’s Small Business and Entrepreneurship Department

Since 2001, Bexar County’s Small Business and Entrepreneurship Department has made it their mission to create an environment where small businesses can thrive, leading to a more sustainable economic future for Bexar County. The department works to increase small, minority and women owned business participation in county projects and procurement through public, non-profit and private…

Slow payers cost GCs, subs $64B a year

A new study has found that slow payments are costing general contractors and subcontractors $64 billion a year. This is a $24 billion increase from the 2018 study from construction finance platform Rabbet, formerly Contract Simply, as the company added general contractors to the respondent mix. Rabbet conducted the study in partnership with Procore Technologies and found that the 51-day…

Owners, contractors have different ideas of what makes multi-site work successful

Owners, contractors have different ideas of what makes multi-site work successful

A new study from Dodge Data & Analytics and Sevan Multi-Site Solutions found that owners and contractors don’t see eye to eye about key factors of how a successful multi-site construction campaign plays out, though a positive relationship stemmed from solid communication is the single most important factor. A multi-site project entails an owner orchestrating work…

Transcendence in residential construction

Transcendence in residential construction

Off-site construction isn’t necessarily new. But new products and techniques are helping to improve housing construction. And the primary disruptor in home building — a lack of skilled labor — is prompting today’s builders to turn to alternative methods. The result is a ripple effect leading to additional disruptors in how homes are built. “Off-site…

How to land a government construction contract

How to land a government construction contract

Each year, state and local governments spend more than $250 billion on the construction of roads, schools and other public infrastructure. Construction companies sometimes see government contracting as prohibitively competitive and believe the pay is low and the bid requirements are too time- and effort-consuming. But this is not the case, and should not hold construction…

SBA raises revenue limits for small business certifications

Effective Aug. 19, the Small Business Administration (SBA) is raising its monetary-based small business size standards for inflation by an average of 8.4%, an adjustment that the administration expects will allow 90,000 additional companies to participate in its loan and contracting programs. The SBA said that this increase could result in $750 million more total contracts awarded…

4 best practice tips for estimating and managing construction projects

4 best practice tips for estimating and managing construction projects

In my world, I’m often asked for a list of “best practices” when estimating or managing a construction project. Here are some thoughts, based on personal experience and discussions I’ve had with other folks in the industry. The short answer is that there is no treasure trove of definitive answers to this question. Best practices are…

Switch to modular cuts construction jobs in half at $10B ExxonMobil-SABIC plant

Switch to modular cuts construction jobs in half at $10B ExxonMobil-SABIC plant

Modular construction is known for shaving time from construction schedules and reducing project budgets. But in the case of the $10 billion ExxonMobil-SABIC ethane steam cracker and plastics plant in Corpus Christi, Texas, it looks like it is also going to do away with some jobs as well. After the two energy giants announced the project a…

FERC approves fourth train at $14B Freeport LNG terminal

FERC approves fourth train at $14B Freeport LNG terminal

The Federal Energy Regulatory Commission (FERC) has approvedconstruction of a fourth liquefaction train at Freeport LNG’s $14 billionLNG export terminal in Freeport, Texas. Freeport LNG filed its FERC application in June 2017. The liquefaction unit, which is expected to become operational in 2023, will be similar to three others in various stages of completion at the Freeport site,…

Texas DOT proposes $8B highway plan, overhaul of I-35 through Austin

Texas DOT proposes $8B highway plan, overhaul of I-35 through Austin

The Texas DOT has unveiled an $8 billion plan this week that would revamp Interstate 35 through Austin and alleviate traffic congestion through the capital city, according to the Austin American-Statesman. The project would see the addition of two sections of managed lanes in each direction on I-35 — one 12 miles and the other…

How a better project experience will win you more jobs

How a better project experience will win you more jobs

Selling your company’s services to prospective clients is challenging. While there’s a strong market for construction work and plenty of jobs to be won, competition is fierce and it can seem like owners are fixated on price. It’s understandably hard to balance your commitment to quality and your desire to innovate in an industry built on bidding wars….

Austin Commercial to manage construction of $240M soccer stadium in Austin, Texas

Austin Commercial to manage construction of $240M soccer stadium in Austin, Texas

Precourt Sports Ventures, the primary investor and operator of the new Major League Soccer franchise Austin FC, has chosen general contractor Austin Commercial as construction manager for the club’s new $240 million stadium in Austin, Texas. Gensler has signed on as lead architect and CAA Icon will be the project manager and Precourt’s representative. Crews will break…

CONSTRUCTION EMPLOYMENT RISES BY 16,000 IN MARCH AND 246,000 FOR THE YEAR AS WEEKLY HOURS HIT NEW HIGH AND UNEMPLOYMENT A NEW LOW FOR MARCH

CONSTRUCTION EMPLOYMENT RISES BY 16,000 IN MARCH AND 246,000 FOR THE YEAR AS WEEKLY HOURS HIT NEW HIGH AND UNEMPLOYMENT A NEW LOW FOR MARCH

Hiring Rebounds from Losses in February, Suggesting Demand for Construction Remains Strong; Association Calls for Career Training Funding and Immigration Reform to Continue Growth Construction employment increased by 16,000 jobs in March and by 246,000 jobs, or 3.4 percent, over the past year, according to an analysis of new government data today by the Associated…

CONSTRUCTION EMPLOYMENT INCREASES IN 44 STATES FROM JANUARY 2018 TO JANUARY 2019; 33 STATES ADD JOBS IN LATEST MONTH AS ASSOCIATION CALLS FOR INVESTMENT IN TRAINING

Forty-four states added construction jobs between January 2018 and January 2019, while 33 states added construction jobs between December and January, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials cautioned that the employment gains may not last without an increase in the number of…