This week’s Construction Financial Manager Review touches on a variety of subjects including the economy, construction technology, and operations. We try to provide you with major headlines and interesting insights to keep you on the cusp of industry news.
We hope you enjoy this week’s review and would love to get your feedback.
Happy weekend,
Scott Wolfe
zlien CEO
What We’re Reading
Key Articles from Across the Web This Week
Mortenson president: Construction industry is ‘a prisoner to bids’ – but change is on the horizon
“When I started with the [Mortenson], the industry was still very much a rip-and-read, competitive bid kind of industry,” said Mortenson President Dan Johnson. “It has evolved into a professional services, very sophisticated, technology-driven, solutions-driven business.” Read the full article on Construction Dive.
Making the grade: Summer camp introduces girls to the construction field
Learning to build a bench, toolbox, lamp and animal sculptures got Towers High school senior Nyomi Sorton thinking about a career in engineering. The Decatur student acquired those hands-on skills through summer sessions at Mentoring a Girl in Construction camp, a week-long summer session that has been held at Gwinnett Technical College for the last six years. Read the full article on AJC.
US home construction down slightly in May
Construction of new homes nudged down slightly in May, with builders pulling back in the Northeast and Midwest. Read the full article on US News.
Why we’re obsessed with building tall
From the legendary Tower of Babel to the iconic Burj Khalifa, humans have always aspired to build to ever greater heights. Over the centuries, we have constructed towering edifices to celebrate our culture, promote our cities — or simply to show off. Read the full article on CNN.
Cities face new urban problem: Their own skywalks
In a city where cranes and construction barriers mark a surge in new downtown apartments, hotels and offices, the sidewalks in Des Moines’ core can be strangely quiet. Read the full article on The Jobsite.
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What We’re Writing About
Recent Articles by zlien Relevant to Construction Finance
Lien law alert from Texas: What not to do
Refiling a released lien is sometimes permissible, but it’s generally better not to release a lien until payment has been received. Read this article about what not to do. Read the full article.
Hawaii project says aloha to mechanics liens
Hawaii is just like its mainland counterparts when it comes to lien laws- filing can be both complex and expensive. Here, a massive redevelopment project has faced nearly $10M in liens over the past two years. Learn more about this project and how they handled securing payment. Read the full article.
Where’s the litigation in green construction?
Going green with construction projects can create serious perks, most importantly easing your impact on the environment. However, with the benefits of going green also come some pitfalls. It appears that the law has not caught up with the green movement, and environmental interests in construction have not really been tried in court despite the number of green projects skyrocketing. Read the full article.
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