Profit Matters: Page 62

[APP] Streamline Construction Processes with Traqspera

Traqspera is a cloud-based management system for employee, training and project management; asset and tool tracking; safety; timesheets and billing

Machine Grade Control, GPS, Laser & Other

Right Process Makes It Easy to Use 3D Modeling in Fabrication

Contractor Southland Industries saves effort and time and adds capacity with a new process for adopting Revit BIM software for full 3D constructability

Screen shot of a photo of a project shows both the original image as well as a 3D model image of the same work area.

Machine Grade Control, GPS, Laser & Other

Artificial Intelligence Finds a Home in Construction

Here’s which construction technology developments giant contractors and venture capital are financing at unprecedented rates

Funding in U.S.-based construction technology startups surged by 324%, to nearly $3.1 billion in 2018. Tech companies and contractors are building AI and databases to teach it.

Financing, Insurance & Leasing

June 2019 Construction Starts Strengthen Boosted by Nonresidential Building

Dodge Construction Network

June construction starts climbed 9% thanks mostly to a 16% jump for nonresidential building

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Financing, Insurance & Leasing

Everything Contractors Must Know About Workers’ Comp Insurance Before Buying

Workers compensation insurance protects business owners and employees if they get injured or fall ill due to work-related activity

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Construction News Tracker

[VIDEO] Lawmakers Scramble to Pass Highway Bill Before August Recess

Senate Environment and Public Works Committee is working to consider a 5-year highway bill before authorization expires in October of 2020; plus more industry news on the July 25, 2019, edition of Construction News Tracker

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Construction Technology

PCL Construction Commits to 3-year Drone Agreement with 3DR

Contractor’s corporate license from 3DR makes Site Scan unmanned aircraft software available for unlimited use on all PCL projects

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[APP] Sign Into a Worksite from Anywhere on Site with SignOnSite

Using location services, SignOnSite detects which worksite you're visiting and can automatically sign you in

Training & Education

7 Things Construction Managers Can Do to Retain Good Employees

ICUEE (International Construction Utility Equipment Exposition)

Employers have to view their relationships with employees differently than they used to

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Maximize Return on Assets to Improve Construction Profitability

Divert some management attention on generating revenue to getting more benefit from assets you already have to grow without need for more people, equipment or projects

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[APP] Manage Your Tools and Assets with ToolWatch

Align Technologies (formerly known as ToolWatch)

Have full visibility into where every item in your inventory is with ToolWatch mobile app

Time Provisions Matter in Construction Contracts

Including a "time is of the essences" provision in a contract protects the right to sue for material breach of contract

When “time is of the essence” is included in a contract, delayed performance of any contract term will likely result in a material breach of the contract.

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