Gilbane Wins CURT Construction Industry Safety Excellence Award

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PROVIDENCE, R.I. — The Construction Users Roundtable presented Gilbane Building Company with its highest honor: the Construction Industry Safety Excellence Award. The award recognizes commendable safety performance of individual constructor firms over a sustained time period. The award is intended to convey CURT’s strong support of safety performance and emphasizes safe construction as a key component of cost-effective project delivery. The CISE award winners are evaluated on critical safety requirements, including: OSHA injury/illness statistical data for the contractor’s site personnel from OSHA 300 logs Effectiveness in managing subcontractor’s safety performance The contractor’s safety management system as it pertains to implementation … Read more

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Why Diversity is a Key to the Construction Industry’s Future

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Increasingly, the construction industry is embracing the tenets of diversity and inclusion. This shift is propelled by a business case that highlights projected shortcomings related to talent and skilled labor. A recent industry report lays out the factors driving this trend. Industry trending According to the Bureau of Labor Statistics, the U.S. unemployment rate has dropped to a seven-year low of 5.1 percent. Simultaneously, U.S. labor-force participation has dipped to a 30-year low of 62.4 percent, and a global workforce shortage of 95 million people is projected by 20201. When combined, this all translates to a massive shortage of talent, … Read more

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Dodge Momentum Index Declines in October

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NEW YORK, N.Y. — The Dodge Momentum Index fell 4.8 percent in October to 125.2 (2000=100) from its September reading of 131.5. The index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The October decline for the index nearly reverses September's large gain (up 5.2 percent), which had been fueled by a sharp jump for institutional building projects at the planning stage. The institutional building sector so far in 2015 has trended upward, but with some volatility … Read more

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U.S Construction Starts Fall Below Expectations in Q3

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ATLANTA, Ga. — U.S. construction starts came in slightly below expectations during the third quarter, with stronger activity in the civil engineering sector being more than offset by weaker growth in the residential and non-residential segments. Residential starts continued to post a healthy pace of annual growth, and the apparent weakness in the non-residential segment may be overstated due to upward revisions in historical data, according to CMD’s latest quarterly forecast report. The Q4 forecast, which combines CMD’s proprietary data with macroeconomic factors, showed construction starts are expected to grow 6.8 percent in 2015, a little less than CMD’s Q3 … Read more

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Balfour Beatty Honored with Best of the Best Build San Diego Award

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SAN DIEGO, Calif. — Balfour Beatty Construction has been presented with a Build San Diego Award by the San Diego Chapter of the Associated General Contractors, Inc. The honor recognizes the company's Las Colinas Women's Detention and Reentry Facility (phase I) project as a “Best of the Best” construction project in the Unique Special Project category. The award was recently presented during the AGC Awards Banquet in San Diego and marks the 12th industry award bestowed upon this project. The project encompasses the first phase of a two-phase contract for Design-Build services from the County of San Diego, California Department … Read more

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