FMI Releases Nonresidential Construction Index for the First Quarter, 2011

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Hiring Plans Improve, Regulatory “Red Tape” Delays Projects. RALEIGH, N.C. — FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its Nonresidential Construction Index (NRCI) report for the first quarter of 2011.   The encouraging reading of 60.8   is the highest NRCI score FMI has recorded since starting this Index in the fourth quarter of 2007; just as the economy entered what came to be known as the Great Recession. However, as usual, when FMI looked at the details for markets and backlogs, it is obvious that this … Read more

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Turner Construction Company Receives Liberty Mutual’s Safety Commendation Award

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Chula Vista High School Project Completed in 432 Work Days Without Incident SAN DIEGO — Turner Construction Company, San Diego is pleased to announce that it recently received Liberty Mutual Group’s Safety Commendation Award for its stellar safety record while performing renovations and new construction at Chula Vista High School.   The construction team was presented with the award on January 27, 2011 for completing the entire project, with construction activity in three different areas of the campus, without a single loss time injury, or an injury requiring a worker to be assigned to restricted or modified work.   This … Read more

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Denver Excelling in LEED Green Building Development

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Nearly 30 projects certified since 2010 under the U.S. Green Building Council's LEED rating system DENVER, Colo. — The mile high city has a decidedly green tinge. The U.S. Green Building Council (USGBC) today noted that nearly 30 projects in Denver have achieved LEED green building certification since 2010 and two of these developments achieved LEED's highest rating, Platinum. “Colorado's culture of sustainability and conservation are part of its DNA; individual cities like Denver clearly understand the importance of green building as a part of that culture,” says Deb Kleinman, executive director of USGBC Colorado Chapter. “From the largest commercial … Read more

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Architecture Billings Hold Steady after Two Months of Improving Conditions

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WASHINGTON, D.C. — After showing positive momentum during the fourth quarter of 2010, the Architecture Billings Index (ABI) slipped almost four points in January.   As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending.   The American Institute of Architects (AIA) reported the January ABI score was 50.0, down from a reading of 53.9 the previous month.   This score reflects stable demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.5, down sharply … Read more

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LEED Volume Program Celebrates Its 500th Certified Pilot Project

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Milestone marks uptake amongst large-scale organizations to build and operate high-performing, green buildings Washington, D.C. — More than 500 building projects have certified through the LEED Volume Program since the pilot launched in 2006, according to the U.S. Green Building Council. The LEED Volume Program streamlines the certification process for high-volume property owners and managers, from commercial real estate firms, national retailers and hospitality providers, to local, state and federal governments. Utilizing a prototype-based approach, the program enables large-scale organizational builders and operators to deliver a consistent end product, earning LEED certification faster and at a lower cost than would … Read more

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