Profit Matters: Page 53

Construction Contractors Start 2020 on a Wave of Confidence

Associated Builders and Contractors Inc. (ABC)

Seventy percent of contractors expect their sales to increase over the first half of 2020.

Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020.

Financing, Insurance & Leasing

Construction Input Prices Start 2020 on the Rise

Associated Builders and Contractors Inc. (ABC)

Construction input prices rose 0.3% in January while nonresidential construction input prices were flat for the month.

Contractors are not likely to face widespread surges in materials prices anytime soon, according to ABC Chief Economist Anirban Basu.

Machine Grade Control, GPS, Laser & Other

PlanGrid Slashes Rework on Penta’s 24/7, 18-month Caesars Expo Hall Project

Collaboration software assures subs and 600+ workers on Penta’s project are working from the right plans to complete the Caesars Forum in record time

Penta Building Group is working 24/7, 365 days a year to complete the Caesars Forum project – a 550,000-sq.-ft. Las Vegas convention center – in just 18 months.

Machine Grade Control, GPS, Laser & Other

The Contractor's Best Friend Podcast: Drone’s-eye View Part 2

Training and technology surrounding drone usage and why you should add one to your inventory.

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How Contractors Can Meet Updated 606 Revenue Recognition Standard

Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606), makes sweeping changes to revenue recognition in accounting and related reporting.

For most construction companies, the December 31, 2019, financial statement was the first one for required adoption of new revenue recognition rules.

External and Internal Factors Influencing 2020 Construction Business Expectations

GB Financial Services, LLC

How to adjust 2020 planning to deal with both the external and internal factors that can impact your construction business.

How to adjust 2020 planning to deal with the factors that can impact your business.

Fleet Maintenance

5 Ways To Use The Full Potential Of Equipment Maintenance Software

By ensuring your CMMS is used to its full potential, you give your maintenance team the tools necessary to perform at their full capability.

When a CMMS is in place and used to its full potential, you can track equipment, including essentially every service record and part associated with that equipment.

Construction Safety

Study: Influence of Supervisors on Construction Safety Rising

Dodge Construction Network

Engaged jobsite workers continue to be a critical part of safety programs, and new data show that construction firms rely on supervisors’ leadership to improve safety

Study shows 73% of construction companies rely on their supervisors and foremen to deliver safety training to jobsite workers.

Construction Safety

Wearable Safety Technology Reduces Accidents in Paris Metro

Paris Metropolitan Underground Tunnel Construction employs RFID tags to track and communicate with workers, enforce regulations, manage risks

Motion sensors and emergency buttons on tags offer the wearer a distress-call button, and raise automated alerts in case of prolonged inactivity. Alerts can also be sent out from the management center if a risk is detected.

Earthmoving - Compact

[PODCAST] How Caterpillar Integrates New Smart Technology into Compact Equipment

Caterpillar - Cat

Jeff Brown, compact equipment product specialist with Caterpillar, provides in-depth insight into the company's technology integration including new Smart Technology and Smart Attachments.

Machine Grade Control, GPS, Laser & Other

The Contractor's Best Friend Podcast: Drone’s-eye View

A different perspective of the vast applications drones can be used for in construction.

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Financing, Insurance & Leasing

Nonresidential Construction Spending Dropped in December

Associated Builders and Contractors Inc. (ABC)

Both public and private nonresidential construction spending dropped at the end of 2019.

National nonresidential construction spending declined 1.2% in December 2019.

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