Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our feature articles.
"Future of the Field" series: — Nov. 7
We continue our series on young professionals with 30-year-old Paul Tse, a project manager at HVAC company Shapiro & Duncan in Rockville, MD. In May, Tse testified before the U.S. House of Representatives Committee on Education and the Workforce on the importance of technical education programs in the construction trades. On Monday, Nov. 7, we check in with Tse to learn more about his experience in apprenticeship programs and why a four-year degree isn't a fit for everyone.
"The Dotted Line" series: Cost-plus contracts — Nov. 8
In January, we launched our monthly series, "The Dotted Line," exploring the intricacies of construction contracts from guaranteed maximum price to construction bonding to design-build.
On Tuesday, Nov. 8, the next installment in our series will look at cost-plus contracts. While this type of arrangement can be a good fit for tight schedules and situations in which plans aren't quite ready, potential pitfalls present themselves if the owner and contractor aren't on the same page from the start.
Succession planning feature article — Nov. 10
The past few months have seen several construction giants shake up their leadership. In September, Mortenson announced that current CEO Tom Gunkel would retire at the end of the year, with President Dan Johnson slated to take over Jan. 1. And just last week, Canada-based PCL Construction announced that Dave Filipchuk has taken over as the company's new president and CEO, replacing Paul Douglas, who will become board chairman.
Continuity in business operations is a characteristic that large customers often look for when choosing a contractor, and it can be a bonus when recruiting new talent. But how can companies — small and large, family and publicly owned — execute a plan for the future? In our feature article on Thursday, Nov. 10, we'll find out what firms should consider when choosing future leaders, and how a succession plan can be executed effectively.
