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CBO Editorial Staff

  • Resources

    Wright Express Releases Monthly Construction Fuel Consumption Index Results for January

    U.S. Construction Industry Fueling Down 3.4% Year-Over-Year in January; Down 2.1% vs. Previous Month   SOUTH PORTLAND, Maine (Feb. 22, 2012)– Wright Express Corporation, a leading global provider of value-based business payment processing and information management solutions, in collaboration with IHS, the leading global source of information and analysis, today released results of its Wright Express Construction Fuel Consumption Index (FCI), which indicated a decrease of 3.4% in January versus its level the previous year. The Wright Express Construction FCI measures national fuel consumption statistics for the construction industry, which provides an accurate and up-to-date indication of construction activity in the United States. The construction segment comprises approximately 20% of the Wright Express portfolio of customers.  Wright Express worked with IHS to capture and analyze...

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  • Software

    Dexter + Chaney Software Wins Award for Most Innovative Product

    Seattle, Wash. (Feb. 28, 2012) –  Dexter + Chaney, makers of Spectrum® Construction Software and the recently launched Venture™ Project Collaboration Software, has  announced that Venture has been named the Experts’ Choice winner in the Business Tools and Software category of the 2012 Most Innovative Products (MIP) Award program at World of Concrete 2012. The MIP Award program – held annually at the World of Concrete tradeshow – is a roundup of the most innovative construction products and technologies that help increase productivity, enhance quality, and promote safety for jobsites and employees in the construction arena.  The Experts’ Choice award is given to the product earning the highest ranking from a panel of construction industry experts.  Nominated products were evaluated by these experts during the course...

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  • Resources

    Waste Management Awards Companies for Sustainable Construction

    Sustainability Circle of Excellence Award recognizes outstanding performancy in diversion and recycling HOUSTON, TEXAS (Feb. 27, 2012)  — With construction customers across North America, Waste Management is today honoring 10 companies with its inaugural Sustainability Circle of Excellence Award. This recognition, highlighting sustainable performances within the construction industry, looks to celebrate the builders who achieved important sustainability milestones in 2011, as determined by Waste Management’s online Diversion and Recycling Tracking Tool (DART(SM)). DART, launched in May 2011, tracks information related to construction projects, including the amount of material diverted from a landfill to a recycling facility, as well as the types of materials put to reuse. Information on the portal is updated daily to track the environmental performances of the nation’s top builders. The winning...

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  • Resources

    Bentley Partners with Crossrail to Provide Collaborative BIM Tools

    Initiatives to Integrate Crossrail Supply Chain into Information Modelling for Construction   Bentley Systems (LONDON, England) announced two key initiatives to support the construction phase of Crossrail – Europe’s largest construction project. The initiatives are aimed at integrating the whole Crossrail supply chain to create best practices in information modelling for construction. Moreover, they are in keeping with the U.K.’s Government Construction Strategy, which calls for replacing adversarial cultures in projects with collaborative ones. At the recent Crossrail Tier 1 Contractor Briefing held at Bentley U.K. headquarters, Bentley announced that: 1.      Crossrail’s Enterprise License Subscription (ELS) for Bentley’s application software portfolio will be broadened to serve the extended “Crossrail enterprise” – now encompassing its Tier 1 contractors. Crossrail’s ELS connects project participants through the ProjectWise...

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  • Green Building

    Energy Star Leaders Achieve President’s Energy Efficiency Goal for Buildings

    WASHINGTON –The Environmental Protection Agency (EPA) announced that nearly half of the organizations recognized as Energy Star Leaders have improved the energy efficiency of their building portfolios by 20 percent or more. Last year, President Obama announced a nationwide call to action to improve the energy performance in buildings across the nation by 20 percent by 2020. EPA’s Energy Star program has helped these 90 leading organizations achieve the President’s goal by providing them with a proven energy management strategy, which includes a focus on ongoing performance measurement and whole-building improvement. Energy Star Leaders have cumulatively saved more than $150 million on utility bills and prevented greenhouse gas emissions equal to the electricity use of nearly 95,000 homes. “Making our buildings more energy efficient is...

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  • Resources

    Nortrax congratulates John Deere on their 175th anniversary

    Tampa, FL (Feb. 22, 2012) – Nortrax, the largest John Deere dealership group for construction, mining, and forestry equipment in North America, congratulates John Deere on their 175th anniversary.  Company founder, John Deere, successfully manufactured and marketed the self-scouring plow in 1837 – a humble beginning for the leading manufacturer of agricultural and forestry equipment in the world today. “John Deere revolutionized agriculture and he made farming in the tough soil of the U.S. Midwest a productive and profitable venture,” said Samuel R. Allen, Chairman and Chief Executive Officer of Deere & Company. “Our recognition of this special anniversary reminds us of the many thousands of John Deere employees who came before us to make this company a world leader.”  Today John Deere employs more...

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  • Resources

    Burris Construction Company Uses Aquatic Therapy Pools in Its Healthcare Facilities

    MOORESTOWN, N.J. (Feb. 21, 2012) — Burris Construction Company is incorporating a radically functional aquatic therapy pool in the design-build process for its senior care and healthcare facilities. Burris is the first company to introduce the HydroWorx 2000 Series aquatic therapy pool technology to New Jersey’s healthcare industry with its client, Genesis HealthCare, one of the nation’s largest skilled nursing and rehabilitation therapy providers. The Genesis Voorhees Center, for which Burris is the design and construction firm, is a 124-bed post-acute facility in Voorhees, NJ, dedicated to post-hospital short-stay rehabilitation and nursing care. The HydroWorx 2000 Series, manufactured by HydroWorx International, Inc., located outside of Harrisburg, PA, is designed for the healthcare and sport industries. In addition to the pool currently used by the NY...

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  • Resources

    United Rentals Acquires Coble Trench Safety

    GREENWICH, Conn. (Feb. 15, 2012) — United Rentals, Inc. (NYSE:URI) announced it has acquired the assets of Coble Trench Safety, a market leader in specialty rentals, with 11 locations in the Mid-Atlantic and Southeast region. “We are delighted to expand our trench safety rentals business through the acquisition of Coble Trench Safety,” said Paul McDonnell, Senior Vice President – Operation, Trench, Power & HVAC. “We’re attracted to Coble’s mix of government and industrial customers with very little branch overlap in strong markets. We were looking forward to working with Tom Coble, and were deeply saddened by his sudden and tragic passing. He was instrumental in developing innovative new technologies and customer safety training programs in support of the underground construction Industry. Tom was a pioneer...

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  • Risk Management

    Hill International Promotes 13 Executives Worldwide

    MARLTON, N.J., Feb. 17, 2012 –  Hill International (NYSE:HIL), the global leader in managing construction risk, announced that it has promoted 13 executives throughout the company. David Brodie-Stedman of Hill’s Abu Dhabi office has been promoted to Senior Vice President and Managing Director of the combined Asia, Middle East and Africa regions for Hill’s Construction Claims Group.Brodie-Stedman has over 18 years of experience in the construction industry with expertise in construction claims analysis and resolution. Brodie-Stedman holds a B.S. in quantity surveying from Northumbria University and an M.S. in quality engineering from the University of Newcastle. Leslie Butterfield of Hill’s Sydney office has been promoted to Senior Vice President and Managing Director of Hill’s Australian operations. Butterfield has over 30 years of experience in the...

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  • Resources

    Construction Materials Prices Rise Moderately in Jan.

    (Feb. 16, 2012) – The cost of construction materials is showing signs of accelerating after moderating in January, according to an analysis of producer price index figures and recent market information released  by the Associated General Contractors of America. Ongoing price increases underscore the urgency of funding public construction projects promptly, association officials said. “Cost increases have slowed in recent months but haven’t disappeared,” said Ken Simonson, the association’s chief economist. “In fact, today’s producer price index report may be the low point, as manufacturers and commodities markets are signaling that bigger increases may be just around the bend.”Simonson noted that the price index for construction inputs — a weighted average of all materials used in construction plus items consumed by contractors, such as diesel...

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