Respecting the Risk: Best Practices to Improve Jobsite Safety

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By Paul Haining Every day on construction jobsites we face serious risks. And as an industry, we"re not doing enough to identify and either mitigate or eliminate those risks. We can see that in the injuries and deaths that occur every year on jobsites. OSHA reports there were 828 fatalities in construction in 2013 — our industry can do better. We all must do better, until we reach the point that people aren"t harmed because their job involves lacing on steel-toed boots in the morning.   Especially on large projects or otherwise with similar tasks, it is easy to become … Read more

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The American Institute of Architects Releases Four New Contract Documents

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ATLANTA, Ga. — After soliciting industry feedback and identifying growing contract needs, the American Institute of Architects has developed four new contract documents to the industry standard, AIA Contract Documents portfolio. The release of these new documents coincides with the AIA's National Convention in Atlanta, Georgia, and includes the following new documents: AIA Document A145—2015, Standard Form of Agreement Between Owner and Design-Builder for a One or Two Family Residential Project AIA Document C102—2015, Standard Form of Teaming Agreement between Team Manager and Team Member for the Purpose of Responding to a Solicitation and Pursuing a Project AIA Document G742—2015, … Read more

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U.S. Census Bureau Reports on March 2015 Construction Spending

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The U.S. Census Bureau of the Department of Commerce recently announced that construction spending during March 2015 was estimated at a seasonally adjusted annual rate of $966.6 billion, 0.6 percent ( ±1.3 percent)* below the revised February estimate of $972.9 billion. The March figure is 2.0 percent ( ±1.6 percent) above the March 2014 estimate of $947.3 billion. During the first three months of this year, construction spending amounted to $206.7 billion, 3.2 percent ( ±1.5 percent) above the $200.4 billion for the same period in 2014. Private ConstructionSpending on private construction was at a seasonally adjusted annual rate of … Read more

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Equipment Leasing & Finance Foundation Releases April 2015 EFI Survey Results

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The Equipment Leasing & Finance Foundation recently released the April 2015 Monthly Confidence Index for the Equipment Finance Industry. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903-billion equipment finance sector. Overall, confidence in the equipment finance market is 70.7, easing from the four-year high of 72.1 in March. When asked about the outlook for the future, MCI-EFI survey respondent Valerie Hayes Jester, president, Brandywine Capital Associates, Inc., said, “We have seen an increase in requests for equipment financing … Read more

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Turner Launches Cloud-Based Platform to Document Diversion of Construction Waste

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Turner Construction Company has implemented TurnerTracker, a new, cloud-based tool for tracking construction waste diverted from landfills. Turner formalized its commitment to sustainability in 2004, including establishing company-wide goals for diverting construction waste from landfills. Since then, the company has diverted a total of more than 2 million tons of construction material from landfills, or four times the weight of the world's tallest building, the Burj Khalifa. In 2014 alone, Turner projects reported a diversion rate of 91 percent, a total of more than 446,000 tons of recycled, re-used or salvaged material — enough to fill Yankee Stadium one and … Read more

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