How to Perform a Construction Cost Estimate
An accurate construction cost estimate is crucial to a successful construction project. An accurate construction cost estimate can tell how long a project will take and how much it would cost. However, getting an accurate construction cost estimate can be hard. And the consequences of an overestimate or underestimate can detrimentally harm projects. The amount…
SG Blocks Selected to Design and Construct 6,000-Square-Foot Container-Based Food and Beverage Venue in Greenville, SC
SG Blocks, Inc. (NASDAQ: SGBX), a leading designer, innovator and fabricator of container-based structures, has secured a 6,000-square-foot retail project with Gather GVL, an eco-friendly food and beverage venue in Greenville, South Carolina. SG Blocks will be designing, fabricating and delivering 23 modules, utilizing six containers and 17 purpose-built Intermodal Container Framing Systems. The modules…
NAWIC-Columbia to Host Kick-Off Meeting for Proposed Lowcountry Chapter
Charleston, S.C.— The Columbia chapter of National Association of Women in Construction (NAWIC) will host a pre-organizational meeting on June 28, 2018. Interested women in Berkeley, Charleston and Dorchester counties who work in a construction industry related field are urged to attend. The event will include two informational sessions where participants will learn more about…
Construction Materials Prices Surge Again in May With Largest Monthly Increase in a Decade, Says ABC
Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential…
NCWorks Commission Approves Career Pathways, Certifies Centers
With Governor Roy Cooper in attendance, the NCWorks Commission met on May 23 to approve new Career Pathways, certify Career Centers and celebrate local innovations in workforce development. The group held its quarterly meeting at Moretz Mills in Hickory, marking the first time the Commission has met in western North Carolina. Moretz Mills features an…
Angela Latino Named ABC Carolinas Chapter President and CEO
Charlotte, N.C. – Associated Builders and Contractors (ABC) of the Carolinas announced that Angela Latino has assumed the role of President and CEO, based in Charlotte. Latino comes to the ABC Carolinas Chapter after leading ABC’s New Orleans/Bayou Chapter for the past 10 years. As CEO of the ABC New Orleans/Bayou Chapter, Latino oversaw the…
Avoiding the Element of Surprise and the Notice of Furnishing Labor or Materials
Generally, no one benefits from surprises on a construction project. A particular problem that often catches general contractors by surprise occurs when a lower-tier subcontractor or materials supplier (i.e., one who does not contract with the general contractor but instead has a contract with a subcontractor) suddenly appears claiming that an unpaid contract balance is…
Construction Substantial Completion Explained: What it is and Why it’s Crucial in Construction
Substantial completion is a legal term used in construction. Construction substantial completion impacts contractors and owners in a variety of ways. For contractors and subcontractors it’s important to know and clarify substantial completion. What is Construction Substantial Completion? Construction substantial completion is a legal term used in contracts between owners and contractors. It marks a…
AGC: Construction Employment and Spending Rise
Construction employment increased by 25,000 jobs in May and by 286,000 jobs over the past year while construction spending reached $1.310 trillion in April, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the employment and spending increases have come as federal officials have reformed…
Construction Adds 25,000 Jobs in May, Says ABC
The U.S. construction industry added 25,000 net new jobs in May, according to Associated Builders and Contractors’ (ABC) analysis of data from the U.S. Bureau of Labor Statistics. This follows a 21,000 net job gain in April (revised upward from 17,000). The industry has gained 286,000 jobs on a year-over-year basis, the largest such increase…
