Category: Insurance & Leasing
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Fix the Dam Concrete: Aging U.S. Dams Face Urgent Repairs
With America’s dams showing their age, utilities have an opportunity to tap into federal funding and modernize critical concrete infrastructure before costly failures strike. In the U.S., hydropower generates nearly 27% of renewable electricity and 93% of all utility-scale storage, yet the average dam is nearly 80 years old, according to the U.S. Department of…
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The One Big Beautiful Bill and Incentivizing Equipment Purchasing
Signed on July 4, 2025, the full impact of the One Big Beautiful Bill has yet to take full effect. Let’s take a look at the projected impact on the equipment rental and construction industry in general. At its essence, the intent of the Bill is to drive the economy using incentives to drive capital…
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Covering Tariffs in Concrete: State of the Concrete Industry
Peter Bigwood, general manager at Mecalac North America, shares his insight into the state of the concrete industry and the challenges contractors are managing daily. Concrete Contractor connected with Bigwood over email in June 2025. Q. What have been the biggest challenges for concrete contractor suppliers so far in 2025? Peter BigwoodMecalac North AmericaThe usual…
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Construction Fleet Safety: How to Reduce Risk and Protect Drivers Year-Round
Summer is the busiest and riskiest season on the road for construction crews. With more vehicles in transit and added distractions on the jobsite, even the safest drivers can face unexpected situations. Transportation-related incidents accounted for 36.8% of the more than 5,000 fatal work injuries in the U.S. in 2023. The average crash costs an…
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How Construction Companies Can Protect Cash Flow Amid Industry-Wide Payment Delays
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse – according to one recent report, 82% of contractors now face payment waits of over 30 days, up from 49% just two years ago. Slow payments…
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Putting ESOPs to Work in Construction
Interest in employee stock ownership plans (ESOPs) has surged significantly within the construction industry. Where this was once a niche strategy for business owners seeking liquidity or an exit solution, the concept is now trending among construction firms. I connected with George Thacker, Managing Director at CSG Partners, the nation’s largest ESOP investment banking practice,…
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Safety Isn’t the Problem — Resistance Is: How to Build a Culture That Actually Protects Your Crew
In construction, safety isn’t in a classroom, it’s forged in the field. Most jobsite injuries aren’t freak accidents but the result of small oversights, ignored signals, or old habits that persist because “it’s always been done that way.” The real threat isn’t lack of knowledge; it’s cultural resistance. Pie Insurance’s 2025 Workplace Safety Report confirms…
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How Construction Firms Can Build a Strong Financial Roadmap Amid Rising Costs and Growth
As your construction firm navigates today’s economic landscape, the $1.2 trillion public infrastructure bill, passed a few years ago, continues to carry both promise and uncertainty. Nevertheless, the domestic procurement preferences and materials sourcing requirements tied to this legislation still hold the potential to create meaningful growth opportunities. That said, it’s crucial to be prepared…
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Financing for Equipment Rentals | For Construction Pros
Equipment manufacturers, as well as their customers, look at construction equipment financing as routine. A necessity if you will — especially if you don’t have the hundreds of thousands of dollars sitting around burning a hole in your pocket. But, you know, who does? Having a deeper understanding of ways rental companies can use financing…
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Insight into Rental Leasing and Compliance
If equipment rental companies are searching for financing options that might provide financial flexibility and inventory management, leasing might be something to consider. Recently, Fame Rental’s CEO Joe Lewis shared some insight into what the opportunities in equipment leasing and how it can create a new level of complexity for rental businesses. Especially for accounting…