Tag: Construction
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New construction skills body seeks 100,000 more workers a year
“Every year, over 100,000 people receive construction training. I want many more of them to forge lasting careers in the sector,” Balcon said. “This is why the partnership with DWP is so vital, as it helps ensure individuals are not just trained but truly prepared for careers in construction. View the original article and our Inspiration…
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Paul Gandy’s five pointers for construction project managers
I’ve taken a few. Some by choice, some not. After working on Wembley with Multiplex, I went from being a managing director to running a defence construction business with Carillion. On paper, that looked like a step back. But actually, it was a great move. I got back to delivering projects and into the public…
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Construction Leaders Double Down on Workforce Planning Amid Labor Crisis
A new industry report from Bridgit reveals that 98% of construction leaders plan to increase investments in workforce planning over the next year, with nearly all turning to AI, automation and advanced analytics to navigate the construction industry’s intensifying labor crisis. The 2025 State of Workforce Planning report surveyed hundreds of construction executives across operations, project management, human resources,…
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How Precision Drives Success in Plant Construction Projects
Why do some construction projects wrap on schedule while others spiral into months of rework, finger-pointing, and budget hemorrhaging? Why does one team quietly hit milestones while another drowns in change orders and delays? It’s rarely about ambition, budget size, or even experience. More often, the difference comes down to how well teams handle the…
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What’s your construction business worth? Seven things to consider
There’s no magic formula, but here’s a simple benchmark to use as a starting point when looking to acquire a business under £2m PBT:1x-4x PBT+ Assets– Liabilities+ Free cash Factors that increase multiples:• Solid pipeline of future work• Low customer concentration• Clean, consistent financial reporting• Documented systems and processes• Strong, stable second-tier management• Recurring revenue…
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FlatironDragados spins out SPC Construction for New York region
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Broomfield, Colorado-based FlatironDragados recently announced a spinoff of its New York and New Jersey subsidiaries to create a civil construction firm focused on the region. SPC Construction brings together Schiavone Construction, John P. Picone and E.E. Cruz…
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Apprenticeship funding cuts are a ‘major blow’ for construction employers
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Mandy Crawford-Lee, chief executive for UVAC, said: “The government’s policy to remove vital levy funding – that is supporting nine in 10 Level 7 apprentices – is a major blow to construction employers and will leave them facing both huge training bill costs and a skills shortage headache. View the original article and our Inspiration…
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Bridging the Skills Gap: PlaneraEDU Prepares Construction Students for the Digital Jobsite
The construction industry stands at a crossroads. Faced with a persistent labor shortage, rising complexity in project delivery, and growing demands for speed and precision, construction leaders are under pressure to rethink how we prepare the next generation of workers. Nowhere is this more critical than in construction education, where traditional teaching methods and legacy…
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How to navigate major stadium construction contracts
Listen to the article 8 min This audio is auto-generated. Please let us know if you have feedback. This feature is a part of “The Dotted Line” series, which takes an in-depth look at the complex legal landscape of the construction industry. To view the entire series, click here. Major League Baseball’s Tampa Bay Rays…
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Suicide awareness standard: call for construction insights
The British Standards Institution (BSI) has launched a public consultation for a first-of-its-kind standard on suicide awareness. Construction workers are four times more likely to die by suicide than the national average. And, in the past decade, 7,000 construction workers have taken their own lives, according to data published by On The Tools. Men, particularly…