Cold-Formed Steel Engineers Institute Names Winners of 2022 Design Excellence and Creative Detail Awards

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The Cold-Formed Steel Engineers Institute announced the winners of its 2022 CFSEI Design Excellence and Creative Detail awards. The awards were presented during the 2022 CFSEI Expo held May 16-18 at the Curtis Denver Hotel in Denver, Colorado. The awards recognize projects that exemplify excellence in the structural design of new or renovated structures utilizing cold-formed steel products. Entries are judged on design creativity, technical innovation and overall project excellence in cold-formed steel utilization in the residential/hospitality and municipal categories, with municipal subcategories covering cultural, services and sports projects. The winners are: Category: Residential/Hospitality First Place — ClarkDietrich Engineering Services, … Read more

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NCCER and BYF Congratulate 2022 NTHS Scholarship Winners

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The National Center for Construction Education and Research and Build Your Future in conjunction with The National Technical Honor Society are recognizing recipients of this year’s scholarship. The NCCER & BYF/NTHS Scholarship can help bridge the skills gap in the construction industry by providing financial help to those seeking craft training. Recognizing that both nonprofit organizations have a shared interest in supporting students who have chosen a career and technical education pathway, NTHS and NCCER partnered in 2018 to provide a unique scholarship opportunity that supports students who plan to continue their education in a construction pathway. Scholarship winners are … Read more

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New Report Explores Architect, Contractor Relationship

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A study published today by the American Institute of Architects, in partnership with the Associated General Contractors of America, sheds new light on the relationship of architects and contractors and the needs of both professions. The fifth edition of The Architect’s Journey to Specification focuses on improving the working relationship between architects and contractors and explores how the parties align, differ and depend on each other. Highlights from the report include: A majority of architects and contractors want to work more collaboratively for the benefit of all. Successful relationships benefit from mutual understandings and alignment about client advocacy and the … Read more

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How Labor Shortages & Market Volatility are Impacting Subcontractors

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Billd has released the second annual National Subcontractor Market Report. Last year’s report honed in on the financial reality of subcontractors. Despite having just emerged from a pandemic, last year’s market conditions were perceptibly calmer. This year told a different story. A volatile market threw construction businesses for a loop. Labor shortages became a reality in the industry. Conducted in February, the report investigates how the market changed, the impact of these changes on subcontractors and the attitude they’ve adopted in dealing with them. 767 construction professionals in a variety of trades took the survey from which Billd built this … Read more

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Merger and Acquisition Activity Continues into Early 2022

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Capstone Partners released its April construction services sector update, reporting that surging demand has manifested in heightened construction spending through early 2022, despite elevated input costs and supply chain disruptions. Input cost inflation and production constraints have challenged the sector since the onset of the pandemic, with contractors and professional services providers keenly monitoring profitability and optimizing efficiencies. Public companies in the sector have largely been successful in maintaining margin strength. Merger and acquisition activity in the construction services sector has continued its torrid pace, with 128 transactions announced or completed—surpassing the year-to-date total in 2021 which saw a blistering … Read more

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