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Resources

Tools, guides and resources to help construction business owners run, manage and grow their companies.

  • Equipment Lease Finance Industry Confidence Increases in January

    Washington, DC, (January 23, 2013) –  The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $725 billion equipment finance sector. Overall, confidence in the equipment finance market is 54.2, an increase from the December index of 48.5, reflecting industry participants’ improved outlook amid ongoing concerns with economic conditions and management of fiscal issues.  When asked about the outlook for the future, MCI survey respondent Valerie Hayes Jester, President, Brandywine Capital Associates, Inc., said, “We are still optimistic long term. My concerns are for the…
    Read More →: Equipment Lease Finance Industry Confidence Increases in January

  • Construction Confidence Dips in Second Half of 2012, According to ABC

    ABC’s Construction Confidence Index notes unresolved fiscal cliff worries.
    Read More →: Construction Confidence Dips in Second Half of 2012, According to ABC

  • ConsensusDocs Releases a New Agreement for Design Professionals Amid 15 Percent Increase in Use in 2012

    WASHINGTON, D.C. (January 22, 2013) – ConsensusDocs is releasin its first standard agreement for a lead architect or engineer to subcontract certain design work to other design professionals and consultants. The agreement makes it easier for architects, engineers to contract with other consultants providing a portion of design services work. In light of increasing design collaboration to achieve green design and through tools like building information modeling (BIM), this is an important document to round out the family of standard contract documents offered by ConsensusDocs. Now design professionals can utilize a consensus industry-approved document that allocates risk fairly between the “in responsible” design professional and its consultants. “This document addresses risk consistently with the prime agreement, while addressing particular concerns attendant to the relationships between…
    Read More →: ConsensusDocs Releases a New Agreement for Design Professionals Amid 15 Percent Increase in Use in 2012

  • SGI Japan Installs Four-Screen Virtual Reality System at Komatsu

    Full-Scale Virtual Reality System at Large Construction Equipment Manufacturing Site Begins Operation
    Read More →: SGI Japan Installs Four-Screen Virtual Reality System at Komatsu

  • Sumitomo to Make Additional Investment in Sunstate Equipment Co., LLC

    (January 15, 2013) – Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura; hereinafter, “Sumitomo”), through its 100 percent subsidiary, SMS International Corporation, has acquired controlling interest of Sunstate Equipment Co., LLC (Head office: Phoenix, Arizona; Chairman;Michael Watts; hereinafter, “Sunstate”) by increasing its ownership of Common Membership Interest to 80 percent.  Sunstate is one of the major equipment rental companies in the United States, with branch locations in nine states primarily in the southwestern US.  Sumitomo made the original investment in Sunstate’s Convertible Preferred Interest in 2009 at the time when the US construction equipment rental industry was undergoing a severe downturn that started after the financial crisis, because Sumitomo was convinced that industry was poised for a the long-term growth. Since the…
    Read More →: Sumitomo to Make Additional Investment in Sunstate Equipment Co., LLC

  • Outlook for Construction Improves for 2013

    More Firms Plan to Hire, Raise Bid Levels and Expect Key Private Sector Markets to Expand This Year
    Read More →: Outlook for Construction Improves for 2013

  • AIA and NIBS Launch Building Research Information Knowledgebase

    Digital library will serve as repository for peer-reviewed research.
    Read More →: AIA and NIBS Launch Building Research Information Knowledgebase

  • NFIB Small-Business Owner Confidence Edges Up Slightly

    Improvements seen, but index number remains low.
    Read More →: NFIB Small-Business Owner Confidence Edges Up Slightly

  • Blue Book Building & Construction Network Transfers Ownership to Employees

    Coincides with celebration of 100th anniversary and introduction of new products and services
    Read More →: Blue Book Building & Construction Network Transfers Ownership to Employees

  • CFMA Raises $10,000 to Donate to the Hurricane Sandy NJ Relief Fund

    Princeton, NJ (January 08, 2013) – The Construction Financial Management Association (CFMA), a national non-profit professional association headquartered in Princeton, NJ, is pleased to announce that it raised $10,000 to donate to the Hurricane Sandy NJ Relief Fund. After Hurricane Sandy devastated the North East coast, CFMA created a fund of its own and began collecting money to donate to those affected by the disaster. CFMA also reached out to its 89 chapters across the U.S. and Canada to help with donations. The $10,000 is the sum of funds donated by CFMA HQ ($5,750), the Southest Louisiana Chapter ($2,500), the Orange County Chapter ($1,500), and the Central Florida Chapter ($250). “As a non-profit organization who calls New Jersey ‘home,’ CFMA hopes this contribution will assist…
    Read More →: CFMA Raises $10,000 to Donate to the Hurricane Sandy NJ Relief Fund

  • Delegating Control

    Make your reporting structure more efficient.
    Read More →: Delegating Control

  • Quick Tips for Criminal Background Checks

    Make sure you comply with the law during the application process.
    Read More →: Quick Tips for Criminal Background Checks

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