The Hidden Cost of Growing Your Construction Business

LACEY DARROW | September 12, 2018

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For many construction businesses the biggest obstacle they face isn’t finding enough qualified workers or even bidding for jobs, it’s actually cash flow - specifically, not having enough of it to pay for liabilities like bills and payroll. According to a recent study conducted by TSheets and zlien, 1 in 5 construction companies faces a cash flow problem.

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Bosch Rexroth India Limited

Bosch Rexroth (India) Ltd., the Drive and Control Company, provides a complete range of world-class products, systems and services for drive and control technologies in various industries such as machine tool, press, plastic processing equipment, steel mill, civil engineering, materials handling, earthmoving and other mobile applications, printing and packaging equipment, textile machinery, factory automation, etc.,

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ENGINEERING TECH

Why infrastructure policies need engineers' 'bigger picture' view

Article | July 6, 2021

One way or another, we all work on infrastructure; whether design, construction, operation or maintenance. We solve problems and make things work – often without the public realising the complexity of our task. We sit in the background and don’t make waves. We are good at the technical challenges, but how often do we take a step back and think about how our work or project fits into the ambitions of wider society? Who is commissioning it? Why are they commissioning it? What are the political drivers? What do they want the outcome to be? What has changed since we started work on it? This sort of questioning will help us deliver better projects, as we see the bigger picture, beyond our technical solutions. With so much of our infrastructure delivered through public bodies, it is important that civil engineers understand, and give professional advice to, the political process that drives infrastructure investment for our communities.

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ENGINEERING TECH

10 simple ways to ensure a successful infrastructure project

Article | August 4, 2021

In amongst the chatter about how we can 'do' infrastructure better, there's now a growing consensus that we need to improve the way we design our interventions - 'design' in the broader sense of the word, rather than the narrow sense we tend to use as engineers. My front-end principles for better infrastructure Over the course of my career, the following front-end principles have served well to ensure we think through, before we rush in where angels fear to tread. Be clear about the purpose and the expected outcomes, and engage communities in decision-making through an effective communication strategy. Prioritise the user, aiming to offer services that are modern, effective and affordable. Seek to improve people's quality of life and support the transition to a more sustainable future, while also facilitating the functioning of the economy, enhancing productivity and accommodating growth (to the extent possible, given other competing objectives). Extract greatest value from existing infrastructure through timely maintenance, repurposing, renewal and upgrading. Seek to remove constraints and bottlenecks. Aim to make best use of data, automation, innovation and technology (including for future asset management), recognising the complexity and risks this may introduce. Recognise, analyse, mitigate and manage technical, environmental and climate risks, and complete any surveys necessary to support this. Improve governance, with robust, timely and transparent decision-making, supported by strong evidence-based planning, clear prioritisation, and best practice technical design and delivery. Seek an appropriate funding balance between 'user pays' and general taxation which incentivises behaviours in the best long-term social, economic and environmental interests. Complete well-evidenced business cases and risk assessments of proposed initiatives before embarking on projects, including financing proposals. Aim to allocate the risks identified to those best able to carry them. Facilitate collaboration between the government and business to promote delivery of the broader social, economic and environmental benefits. Clearly, there are many other issues to consider as a project develops, and the above principles may seem obvious to some, and a counsel of perfection to others, but it's surprising how many are overlooked in the rush to build.

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ICE STEM Ambassadors help to inspire the next generation

Article | April 23, 2020

Andy Magee is a Senior Civil Engineer at Leeds City Council and ICE Yorkshire & Humber’s STEM Ambassador of the Year. STEM outreach is crucial, says Andy. Firstly to better inform the next generation of the opportunities available to them, but also to the civil engineering industry which is facing a potential skills shortage in the future. Outreach work helps us to grow the potential engineers of tomorrow and equip them with the skills needed for an ever-changing world of work – in being able to find and convey innovative ideas and solutions for example.

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ENGINEERING TECH

Infrastructure Policy Watch: UK government reviews road and rail development policy

Article | July 27, 2021

The UK’s Secretary of State for Transport, Grant Shapps MP, has announced a full review of the National Policy Statement (NPS) for national networks covering major roads and rail. NPSs outline the UK government’s strategic policy intent for infrastructure development and are used as part of the planning system to determine if a proposed project should be granted development consent. The review aims to bring the national networks NPS in line with commitments to achieve net-zero emissions by 2050. The secretary of state said: "The current National policy statement (NPS) on national networks, the government’s statement of strategic planning policy for major road and rail schemes, was written in 2014 – before the government’s legal commitment to net zero, the 10-point plan for a green industrial revolution, the new sixth carbon budget and most directly the new, more ambitious policies outlined in the transport decarbonisation plan."

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Spotlight

Bosch Rexroth India Limited

Bosch Rexroth (India) Ltd., the Drive and Control Company, provides a complete range of world-class products, systems and services for drive and control technologies in various industries such as machine tool, press, plastic processing equipment, steel mill, civil engineering, materials handling, earthmoving and other mobile applications, printing and packaging equipment, textile machinery, factory automation, etc.,

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