Prevailing wage in construction is complicated due to variations in wage rates across different regions and the diverse scope of construction projects. Understanding prevailing wage is crucial because it ensures fair compensation for workers, maintains a level playing field among contractors and promotes the quality and safety standards essential for the construction industry’s integrity and […]
With disputes being an almost inevitable aspect of large-scale construction projects, construction professionals need to be equipped with the tools to address potential conflicts early and efficiently, while minimizing disruptions to project timelines and budgets. This webinar is designed to provide construction professionals across all sectors with a deep understanding of alternative dispute-resolution provisions within […]
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s “2024 Q3 Construction Economic Update and Forecast” on Wednesday, Oct. 9, at 2 p.m. ET (11 a.m. PT). With less than a month before Americans head to the polls for a presidential election, ABC Chief Economist Anirban Basu will share the latest […]
Artificial intelligence stands to rapidly transform the construction industry. By harnessing advanced algorithms and machine learning, AI can optimize every stage of the construction process, from initial planning to project completion. Tasks like site inspections, equipment maintenance and project visualization could be streamlined through AI-powered tools, leading to increased efficiency, reduced costs and improved safety. […]
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s “2024 Mid-Year Construction Economic Update and Forecast” on Wednesday, July 10, at 2 p.m. ET (11 a.m. PT). Basu returns for a review of the first half of 2024 and a look toward 2025 and beyond. As always, he will offer insights […]
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.
In today’s rapidly evolving construction industry, the daunting trio of challenges—recruitment, retention and sustainability—significantly impacts profitability. A recent survey found that 88% of construction companies face difficulties in sourcing qualified workers, causing delays in 66% of projects. This webinar aims to address these critical issues by presenting an innovative solution: simulation training for heavy equipment […]
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s “2024 Q1 Construction Economic Update and Forecast” on Wednesday, March 27, at 2 p.m. ET (11 a.m. PT). Crafted with commercial contractors in mind, Basu’s presentation will offer up-to-the-minute economic data, including the cost of labor and materials, top market sectors and […]
Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. However, when mismanaged, change orders can be time-consuming and disruptive to the relationship between the contractor and their customer. Contractors that have mastered the art of managing change orders are capable of increasing their revenue while minimizing […]
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s “2024 Construction Economic Update and Forecast” on Wednesday, Dec. 13, at 2 p.m. ET (11 a.m. PT). Crafted with commercial contractors in mind, Basu’s presentation will reflect on an unusual year—one that started with high inflation and fears of an impending recession […]
