Tag: Cut
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Contractors welcome rate cut, push for more
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Contractors finally got the news they had been waiting on, a rate cut that could rouse the sleeping construction market. The Federal Reserve cut its benchmark interest rate by 25 basis points on Wednesday afternoon. The move…
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Can Project 28 cut property sales from months to weeks?
The UK’s property sector has unveiled an ambitious new pledge to slash home sales from months to just four weeks. Project 28, an industry-led charter, aims to reduce the average time between “sale agreed” and “exchange” from 109 days to 28. But while major players have signed on, questions remain about whether it can deliver…
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Why Messy Data Won’t Cut It Anymore
I attended the annual building services event, “Talotekniikka NEXT,” in Helsinki last Thursday. It was an afternoon filled with timely insights on topics ranging from preparing for national emergencies in design to the ethical guidelines of AI usage and the future of data center construction. Everything we learned at the event highlights a key issue: data…
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Avoid Takeoff Mistakes That Cut Into Your Bid Margins
You wrap a quantity takeoff for a new school build. Big project. Tight timeline. Everything looks solid. Then construction starts and the concrete runs short. After a painful audit, the oversight pops up fast: the slab thickness was miscalculated in the takeoff. One tiny oversight snowballs into blown deadlines, rising costs, and a tense client…
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Beat the Heat with Smart Cooling Hacks to Cut AC Costs
While the majority of homeowners rely on air conditioning and ceiling fans during the summer months, there are additional ways in which you can upgrade your home to maintain a cool environment. Window replacement and installation experts Window Nation compiled their top tips on how to keep your home cool this summer, ranging from small…
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RodRadar, Lynch Partner to Cut UK Utility Strikes with Radar
RodRadar, a pioneer in excavation safety and utility strike avoidance, has officially entered the UK market in alliance with Lynch, one of Britain’s leading plant hire companies. It is introducing its patented Live Dig Radar® (LDR), an innovative, AI-powered, real-time system embedded in excavation equipment that can automatically detect and alert operators to underground utilities while digging…
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ABC Report Highlights Safety Practices That Cut Jobsite Incidents by 85%
Associated Builders and Contractors (ABC) has released its 2025 Health and Safety Performance Report, providing a data-driven look at the safety practices helping construction firms significantly reduce jobsite incidents. The report analyzes more than 1 billion work hours logged by participating contractors in 2024, highlighting how involvement in ABC’s STEP Safety Management System leads to…
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AI could cut disaster infrastructure losses by 15%, new research finds
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: AI applications such as predictive maintenance and digital twins could prevent 15% of projected natural disaster losses to power grids, water systems and transportation infrastructure, amounting to $70 billion in savings worldwide by 2050, according…
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Can Smart HVAC Design Cut Energy Costs for Commercial Properties?
Commercial energy costs are on the rise. With commercial businesses known to experience faster growth in electricity consumption compared to the overall average, predicted costs are expected to reach an all-time high in 2025. Commercial Energy Costs are on the Rise In the US, commercial buildings with the highest energy costs include hospitals, hotels, restaurants,…
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How Factory Managers Cut Costs with Smart Air Leak Detection
A tiny 3mm compressed air leak could cost your factory over $2,500 every year. Many companies spot these leaks during audits but don’t follow through with fixes. Your compressed air systems might leak up to 10% even in perfect conditions. The situation gets much worse in industrial settings, where leakage often hits 40-50%. Here’s the…