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Building a Customized Home for Aging in Place

Developing a custom-made home includes a wide range of advantages, consisting of that you can personalize your home to guarantee you will have the ability to age in place. Aging in place is an expression that’s been getting more utilize recently- in other words, it describes the capability to remain in your own home as you age instead of need to transfer to a smaller sized home or a nursing home. When developing your own home, it’s simple to make some little choices that will permit you to keep your self-reliance as you age.

Flooring Bed Room

Maybe the most convenient and most crucial option you can make as you develop a home with the objective of aging in place is to guarantee there is a first-floor bedroom with a complete restroom. If you are constructing a home early in your life, it’s basic to utilize this space for other functions until you need it.

No Action Layout

Not just is it much better to utilize a no-step floor covering strategy, but it’s also a great concept to stick with one floor covering throughout your home. In addition, selecting entryways that do not utilize actions can guarantee your home stays available.

Door Adjustments

There is a range of methods you can modify your doors to make them much better for long-lasting usage. This makes sure that if anybody in the home needs a walker or wheelchair, they will be able to browse quickly. Using a lever manage as opposed to a knob will permit more comfy usage by those with arthritis.

Get Bars and Guardrails

To avoid falls, including considerable and protected guardrails, can be important. These ought to be put in numerous places throughout the home, consisting of restrooms, any stairs, and entryways.

Walk-In Tubs

Together with grab bars, walk-in tubs and showers are vital for avoiding injury and keeping your home available. Walk-in showers are lovely and typical, and it’s most likely that nobody seeing your home would think about what it was prepared for ease of access. Ensure that the entryway to the shower is broad, and if possible, that there is no lip to the entryway.

Throughout the Home

Choose for systems that are simpler to run when movement is impaired — select door levers over doorknobs.

Floor covering

Go with smooth and soft surface areas, like rubber, linoleum, and cork. These softer surface areas will be kinder to joints but will not position a journey danger, like exceedingly cushioned or high-pile carpets can.

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Services You Get When You Hire A Customized Home Builder

Picking to develop custom-made home features lots of advantages, but one substantial benefit is the reward services that originate from dealing with a custom-made home contractor. With a custom-made contractor, clients have access to numerous additional services to make the building procedure as smooth as possible.

Local Expert

Custom-made home contractors are specialists in their field and have all the understanding needed to produce your dream home. Custom-made home building can be more costly than acquiring an existing home, but the additional expense is worth the competence and capability to personalize every element of your home.

Interaction

In basic, the building market is not popular for exceptional interaction, which can be a battle for homeowners. Custom-made home contractors have terrific credibility of providing direct interaction with their customers to listen to concepts and create their dream home. With a custom-made home builder, you will not be left waiting on a response or feel as though you are neglected- rather, you will have a sincere and open interaction throughout the whole procedure.

Collaboration

Another big advantage of working with a custom-made contractor is the sensation that you have a partner in your home constructing procedure. Either method, a customized home builder will do whatever they can to develop your perfect home!

Local skill

It takes a little something additional to end up being an effective custom-made home contractor. Customized home building isn’t always the most inexpensive or most convenient path for a contractor to take, but understand that if you’re working with quality customized home builder who’s made it, they have actually put in years of difficult work to get where they are today. When you work with a customized home contractor, your home is ensured to benefit from their regional knowledge.

Direct interaction

The building market isn’t well understood for outstanding interaction, but all of that changes when you hire a customized home contractor. A custom-made home contractor works on your behalf to develop precisely the home you desire, which shows the desire to listen to what you have to state, and they desire you to have a part in the procedure.

Control over choices

Another service you get when you work with a customized home contractor is overall control, which’s, in fact, a truly huge offer. Other kinds of home builders may let you pick from a couple of various layout alternatives, and you might have a couple of options when it concerns floor covering and countertop alternatives, but you’re restricted to what that home builder supplies. With a custom-made home builder, you have overall control over every option, from doorknobs to siding to paint color, and somebody to assist direct you if you just can’t decide.

Task management

Some property owners are lured to undertake their own dream home building procedure to guarantee they get precisely what they desire, but that suggests a lot of work finding professionals, weighing quotes, and scheduling each specialist to show up at a suitable time. With a customized home contractor, you prevent all of that tension.

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Self Management Vs Project Management

Self-management will always be the most inexpensive choice however unless you physically have the time to handle the trades and make sure all are working harmoniously, it might not be a choice you would wish to think about and probably any self-managed task can be tough specifically if you have actually never ever handled a task before and aren’t sure where to begin.

Traditionally, a building company will currently have a supervisor or manager used to supervise a task from start to complete and will deal with the day to day development; communicate with the customer, the building inspectors, providers, designers, structural engineers as well as the sub-contractors. Typically, the expense of this management service would (among other things) be consisted of in the quote offered by the contractor as a ‘covert’ uplift within your quote.

Office, Business, Businessmen, Shaking Hands, HandshakeThis uplift is contributed to essentially whatever consisting of products, sub-contractors, and plant hire and is used to pay towards the company’s outgoings and expense such brand-new vans, lease, organization rates, lighting, phone, personnel earnings, and corporation tax and so on. It’s not unusual for the building company to then ask for even higher cost savings from its provider after they have actually been granted this decrease and the task will make them a lot more earnings as these cost savings will never ever be handed down to the client.

A basic part of the Task Manager or Supervisor function is to carefully keep track of the financial components of the task to make sure that the project remains within the budget plan. This part can in our experience show to be the most controversial as typically it’s not made clear what bonus has actually been included up until the very end of the task and conflicts can typically develop as an outcome.

Acting straight for you the customer, we will assist you through the labyrinth of guidelines & provide the guidance you’ll need to assist you in making a notified choice. We will prepare work requirements and an evaluation design template to get precise like for like quotes in your place, source the products and trades keep track of each phase of the construct no matter how huge or little the task is. We will make sure that the task runs as rapidly & as efficiently as possible & to the spending plan you have actually set.

To prevent any dreadful financial surprises, all changes to the project will be precisely priced and authorized by you before work commences. Among the lots of advantages of using an IPM is that as soon as we have actually been appointed the task, we can look for quotes from different specialists’ part method through the development and those cost savings will be handed down to you. As soon as work has actually begun, this alone can conserve you a considerable quantity of cash if any unpredicted issue comes to light.

At the end of the task, we will supply you with an operating and upkeep pack which will consist of information of the products all the essential accreditation offered by our NICEIC and GAS SAFE certified engineers and last accreditation supplied by developing control which will be needed when you ultimately come offer your house.

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5 Things Your Center Management Must Understand On Residential Upkeep

Integrated center management obligations tend to differ. In primary, center management services generally, include the procedure of monitoring and handling all or some of the operations and maintenance of neighborhood facilities, centers, as well as structures on behalf of residential or commercial property owners.

For center supervisors to manage their obligations effectively, a varied capability is needed. The customers, themselves, need to likewise share essential details with their center management supplier for all-around seamlessness to be experienced.

Center supervisors should have the ability to collect details and utilize it for finding facilities issues or keeping the centers they supervise of. Not just does this guarantee that the supervisors have an understanding that will affect the larger photo. However, it will likewise improve effectiveness.

Five things your center management need to understand for property upkeep

  1. How integrated center management services suit your company’s goals

Center supervisors need to determine how their services suit is making a company or a center more effective as a whole. Center supervisors should comprehend the essential things required by your company, such as minimized functional expense, tidy and practical workspaces, and so on so that the best quality of service can be offered.

  1. How to establish a strategy that will work for your company

The best center supervisor for your company needs to have the ability to develop a strategy that is custom-made to your center or service. The very best center supervisors understand that they should handle a schedule that permits them to remain ahead of issues, along with devices and systems that need consistent upkeep to prevent troubles from happening.

  1. How to expect and fix approaching issues

In center management, issues are bound to develop from time to time, and it depends on the center supervisor to prepare for some concerns, also, to create fast-acting options to these issues. Center supervisors need to be versatile. Otherwise, they would be not able to prioritize what requires repairing with versatility.

  1. Details relating to regional policies impacting your center

Center supervisors are expected to report straight to the owners of the centers or to business owners that own business. Aside from this, center supervisors likewise take a lot of instructions from federal government regulators, whether at a regional, state, or national level. The policies and laws produced by federal government regulators should be complied with at all times, mainly where the management of a structure in a high-risk market is worried.

  1. The most recent patterns in center management

Much like any sector in these modern times, center management is likewise affected considerably by brand-new innovations and inbound patterns. Center supervisors need to have the ability to stay up to date with consistent modifications so regarding provide adequate services. Thanks to brand-new innovation, automation is now possible, which had increased the capability for supervisors to manage devices and structures from another location as a outcome of the Web of Things.

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WHY USAGE A GREEN COMMERCIAL CLEANING COMPANY

One huge relocation companies can make selecting business cleansing services that utilize items that are otherwise mild and non-toxic to Mom Earth. Here are some excellent advantages of choosing green industrial cleansing services and why it is trending for companies all over the nation.

Products are Safer

One method you can assist to guarantee your staff members stay healthy is to employ an industrial cleaning service that utilizes green items. Typically, chemical-based cleansing items are complete of active ingredients that can burn skin, promote allergic reaction or asthma attacks, or usually aggravate anything with which they come into contact. Green cleansing items are complimentary and non-corrosive from toxic substances.

No Contamination is Developed

The non-toxic nature of environment-friendly cleansing items develops practically no contamination. The details are eco-friendly. So, any of the things that come into contact with the earth will not hurt it in any method.

No Toxic Smells

The chemicals that are discovered in conventional cleansing items are the reason for the strong, undesirable, and frequently sickening smells that follow a cleansing team has existed. Those smells can typically be harmful to the health of employees, along with being unwanted to be near. When an office or other business location is cleaned up with green cleaners that utilize natural active ingredients, the smells that are produced are enjoyable and inviting, not to point out not damaging to the body.

More Effective Cleaning up

Working with a green business cleansing service can assist get that done. Cleaning up services that utilize environmentally friendly items can get your work area cleaner than ones using standard cleansing items can.

Promotes Healthier Air in the Work environment

If the air quality is low due to the usage of poisonous chemicals in the cleansing materials, your employees will be at danger for myriad breathing problems like asthma, allergic reactions, and upper breathing infections to call a couple of. Producing an environment with much healthier air due to the usage of green cleansing products can not just create a generally healthy environment; it can assist your company to grow.

Conserve Cash

A business cleaning service that is devoted to utilizing green practices might cost you more loan upfront; it will assist you to conserve cash in numerous other aspects of your service and increase your general expenses. Some methods utilizing a green business cleaning service can help your service to save loan consist of:

  • Less staff member ill days.
  • Lowered water use.
  • Get a better-quality cleansing for your cash.
  • Get more use out of floorings, carpets, furnishings, and other pricey expenses.
  • Usage of fewer products and fewer devices.

Kinder to the Environment

An industrial cleaning company that utilizes green practices take pride in acting in manner ins which are environmentally-friendly. You can be ensured that when you work with a green business cleaning company like Allied Center Care, that you are making a favorable influence on the health of the earth. Everybody requires to do his/her part in ensuring the world remains undamaged for as long as possible, and dealing with a green industrial cleaning company for your workplace or other work area is an excellent action in the best instructions.

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HOW COMMERCIAL CLEANING CAN AFFECT YOUR SERVICES

We comprehend how essential having an orderly and tidy workplace is to your employees. However, the effect it can have on your service is frequently neglected.

Ninety-four percent of consumers reported that they would not go back to an organization that has filthy bathrooms.

You are taking the very first action in making sure outstanding client service and customer complete satisfaction when you provide your consumers with an enjoyable environment in which to go shopping. Having a business cleaning company take care of all of your upkeep requires can assist your organization to prosper in the following methods:

Boost the performance of staff members

At some point, client service is going to suffer if your staff members are entrusted with upkeep tasks in addition to their functions to your customers. Either your workers will be needed to leave a customer waiting while they address janitorial responsibilities, or a consumer will be upset by the chaos of the workplace when they enter your store.

Your staff members might be outstanding at multitasking and doing their most excellent to preserve the properties, however throughout peak service hours mishaps frequently take place. By employing an expert cleaning company, you can assist your staff members to focus more on the customers that are in-store and less on basic cleansing tasks.

Boost consumer complete satisfaction

In addition to permitting your staff members to concentrate on providing outstanding customer care, a customer is most likely to see your company in a beneficial light if the store is well addressed, neat, and tidy. The image that they will be left of your business is that you are well-run and expert, which is precisely the kind of image organizations wish to develop on their own.

If a client enters your store and is faced with chaos or an untidy workplace, they are less most likely to rely on the truth that your services and items are the very best offered ones on the marketplace and might take their service in other places.

Sixty percent of customers state experiencing a neat and tidy shopping environment has motivated them to duplicate store, store more, and remain in business longer.

Protect your worker’s health

The typical staff member takes 7.7 ill days a year. Not just does this leave you short-staffed, it costs additional money to employ a replacement to fill their area. If that’s not a possibility, you might lose clients over the problems that emerge when you are trying to run your organization with fewer workers, or wind up taking additional time at work yourself to fill the spaces.

Possibly increase sales

Every entrepreneur understands that getting consumers into the store to search is a bottom line in turning an earnings. The longer you have a client in your shop, the more your opportunities of either making a sale or accomplishing a more significant cost point on the deal through impulse purchases or suggestions from your workers upsales.

Consumers will not desire to stick around and evaluate your other product if your store isn’t tidy and neat. Allied Center Care comprehend that you require your customers to take their time and search the readily available items, and thoroughly cleans your service before delegating guarantee whatever is taken care of, from empty waste bins to cleaning of the racks.

Motivates repeat clients

Considering that having an orderly and tidy shopping environment is so essential to customers, they are most likely to go back to your store if their previous experience has agreed with. Numerous consumers choose to remain devoted to a company that they understand and trust, instead of branch off and run the risk of a service that is unverified.

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Furnish The Construction Site More Efficiently With The Bim Model

The construction site is often overlooked when realizing a construction project. And that while the construction site design is an essential part of the construction project that can determine the lead time of the project. If the construction site is not properly laid out, problems may occur along the way. Think of lack of space, no good flow and loading and unloading problems. In this blog I explain how you can organize the construction site more efficiently and realize a smooth completion of the construction project using a BIM model.

The role of BIM in the design of the building site

You probably know the Building Information Model (BIM) as a handy tool in which all information about a building project is collected. Information from different suppliers is brought together in BIM, giving the architect, constructor and installer an overview of the entire construction project. With BIM, all phases of construction can be mapped: from design to demolition. This helps with performing calculations, planning work and maintaining an overview.

Less common is the inclusion of the construction site device in the BIM drawing. Since the focus is on the construction project, the construction site layout often comes in second place. And that while a good layout of the building site can bring considerable benefits to an operator.

How BIM helps with the efficient design of a construction site

You don’t want to waste too much time designing the construction site. The layout of the construction site is therefore often laid down in a sketch. The required building fences are ordered based on that sketch. This fleeting approach often causes unforeseen problems during the construction process. For example, too few construction fences are regularly ordered, too little space is reserved for scaffolding or the design of the construction site stands in the way of a good walk-through. These are all problems that delay the construction process.

Designing your construction site with the help of a BIM drawing helps you effectively solve the above problems and provides you with the following benefits:

  • Reduce errors

All phases of the construction project are recorded in a 3D BIM model. This offers the possibility of accurately designing the construction site around the construction project. By including your construction site layout in the BIM drawing, you can test the construction site for efficiency before it is actually realized. Do you have enough space for your scaffolding? Can trucks easily make a turn within the construction site? BIM allows you to answer these questions in advance and, if necessary, adjust your construction site accordingly. This way errors are anticipated and prevented early.

  • Insight in advance which material you need

The planning and progress of the construction project can also be recorded in BIM. A new phase of the construction project may require an adjustment in the construction site layout. A BIM drawing can be used to accurately determine which material is most suitable for each phase of the construction project. This way, the right amount of material can be delivered when you need it.

  • Stimulate logistical progress

With the help of a BIM drawing you immediately map out what your construction site will look like. Because materials such as fences and braces can be loaded directly into the system, you can accurately see whether you have enough room left for a good logistics flow. Designing the construction site in a BIM drawing forces you to look critically at your construction site layout and to identify any problem areas early – before realization.

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Sustainable Construction With An Affordable Mortgage

You already know that sustainable building also has financial benefits, such as a mortgage with attractive conditions or room for a higher loan.

There is also no shortage of banks, construction companies and websites that try to convince you with all sorts of details, complicated calculations of returns and payback times, and lots of new terms and abbreviations. But this is what struck us: everyone gives you only a small piece of the whole.

It is not that the information is wrong, but with the maze of arrangements and choices that you already make when building a house, it does not become clearer.

You see words passing by:

  • energy neutral and almost energy neutral (BENG);
  • Energy performance coefficient (EPC) 0;
  • Zero-on-the-meter (NOM);
  • Building-related and user-related
  • The efficiency of solar panels, heat pumps and triple glass;

But what you want to know is: what do I have to? If you are interested in sustainable building and a Sustainer Home, there are several things to take into account when financing your home that can give you some extra space — literally and figuratively.

Sustainable mortgage building: conditions and requirements

For every mortgage, of course, there are requirements for income and the house that is purchased. In that sense, a Sustainer Home is no different than a typical new-build home that is freely built-in name for permanent residence. A building depot is used. Upon granting the mortgage, the full amount for the purchase of the plot and construction of the house is reserved and placed in this deposit. In the purchase and construction process, the money is released at set times.

The bank will also require various documents for the provision of a mortgage. These include the signed purchase contract for the lot, documents about your personal financial situation, and the building contract for the construction of the house. For the latter, the bank often asks for a certificate for a number of guarantees.

Sustainable mortgage building: subsidy schemes and financing benefits

Building a sustainable house has its advantages. For example, the government encourages gasless construction and wants to be utterly gas-free by 2050. In practice, this means that there are various subsidy schemes that you can benefit from, but also schemes to borrow a higher amount.

Energy-saving measures such as a heat pump, insulation, triple-glass, and solar panels can be co-financed with your mortgage. This not only means that you can borrow more in proportion, but the co-financing of solar panels and the heat pump means that you can deduct mortgage interest on this. Moreover, you can see the revenue from these systems net on your energy bill – or rather, because they are not there. Because this is a standard part of our homes, that means more Sustainer Home for your money in practice.

What can you do to finance your sustainable home? Three categories can be distinguished: mortgages, subsidies and own money. We list several options per class for you.

Mortgages and loans

A zero-on-the-meter (NOM) home allows you to borrow more on top of your mortgage. The possibilities are different for each bank and how easy it is. Own Home Association keeps a good record of how that works and at which banks you can make use of this scheme.

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What Are The Main Problems When Building A House?

When does the bank give me the money to pay the builder?

As the work progresses, the Rigger or the Architect draft what is called a Certificate of work progress. This certificate shows the percentage of the work that has been executed at that time.

If for example:

there is executed 35%; the bank would give the owners 35% of the amount of the mortgage granted but … This is NOT as it is!

What is the initial retention?

The reality is that the bank always keeps a percentage of initial retention that will not pay you until you have the License of First Occupation issued by the City Council. Usually this retention is around 10%, but it can reach up to 20%.

In other words, if 35% of the work is executed, the bank will only provide you with 25% of the mortgage amount (calculating retention of only 10%).

What can happen if you do not do this, is that people are working that take a long time to collect. And believe me, we all like to charge for the work we do.

What is the final retention?

There is another problem. The bank also reserves the last 10% of the work executed as retention. Nor will he pay it until he has the First Occupation License. Think that since the work itself is finished, until the City Council issues the License of First Occupation, it is necessary to carry out the Final Work Certificate and endorse it in the Professional Associations of Architects and Quantity Surveyors. These procedures usually take several weeks.

In a work of € 150,000, with 10% initial retention and 10% final retention, there would be € 30,000 that you will not collect from the bank until a couple of months after finishing the work.

And we all like to charge for the work we do:

The problem of falling short with the mortgage

I think that once the previous point is nuanced, it is evident that the “working capital” in which we have converted your savings will serve to absorb possible imbalances between the initial forecast and the final expense, either by modifications of the projected or by potential changes in qualities during execution.

However, I always recommend asking the maximum possible amount of money to the bank. It is clear that today they will not give you anything that you do not deserve. If at the end of the work you have money left over, blessed problem! An installment is made, and we subtract it from the mortgage.

Also, defining the project very well and taking a detailed calculation of the expenses that are made (through the certifications mentioned above) helps the final price does not trigger us.

It is evident that the fewer savings you have to make your home, the more conscientious you will have to be with what you spend and the better-defined everything will have to be in the project.

The problem of estimating, halfway through the work, that in the other half you will spend less than expected

This is a fairly common mistake. It is about making an economic analysis in the middle of the work (for example, after having executed structure, enclosures, and roofing) and observing that, for some reasons or others, the cost is skyrocketing.

Most people do not assume that difference in spending and trust that in the rest of the work the expense will be less than expected. And this is rarely like that.

If half of the work you learn that you have spent more than expected, you must take it and try not to happen again in the rest of the work. But yes, do not intend to recover the extra money invested in the first part of the work, because that will never happen.

The problem of estimating living conditions of departure and that at the end of the work, these have been altered

From the initial idea of ​​making a house until the action is executed, it takes a long time. Rarely less than 3 or 4 years. Also, it usually coincides in the range between 30 and 40 years, when many of us are given to have children and our priorities change.

It is possible that you have always wanted to have a pool table at home, but when you finish work, you prefer a toy room for your new child.

It is possible that the idea that you had to gather all the colleagues every weekend to do theme parties has faded with time. The same now you value the tranquility of a sofa.

The same thing about the pool was not such a good idea, considering that its maintenance is quite expensive.

Against this problem, there are not many solutions. Perhaps being aware of the changes that your lives could have in the coming years. Maybe designing polyvalent spaces that adapt to the family’s evolution.

That special corner

Although the house has been great for you, you may not find “your own” self in it. I explain. We all need a corner in our home to relax and isolate ourselves from the world.

This magical place can be a small terrace with a sun lounger and a little shade. It can be your study-library, with that reclining sofa so comfortable. Maybe it’s a high-chair breakfast on the island of a kitchen.

Everyone should look for their place in their home. If you do not project it, search for it once the work is finished. But find it, because that little corner will give sense to all YOUR HOUSING.

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Big Challenge For Commercial Construction Industry

Big Challenge For Commercial Construction Industry With Consistent Labor Force Shortage

The USG Corporation + American Chamber of Commerce and Commerce (index) index for Q1 2018 shows that almost two thirds of contractors are very optimistic about the fact that demand for commercial construction will be higher in the course of the year, but continuing concerns about labor shortages have put even greater pressure on the sector. More and more investors are turning to alternative building solutions such as prefabrication and modernization to increase productivity on the construction site and improve productivity.

The first quarter index points out the fact that contractors are now using novelties such as prefabricated and modular building materials to create more efficient construction (89 %), increase labor productivity (85%), drive cost savings (58 %) and provide a competitive edge in the market (51 %). In fact, 50 % of contractors report that their companies already use prefabricated and modular components, and the number was even larger among general contractors (72 %). About two-thirds of contractors report moderate demand for these building materials.

“Access to skilled labor is a constant concern, which has led contractors to increasingly seek solutions that help offset the site’s challenges,” said Jennifer Scanlon, the President and also CEO of USG Corporation. “There are important opportunities to introduce innovations aimed at improving site efficiency and strengthening the industry, such as solutions that enable the production of prefabricated and modular building components”.

Northeast contractors (69%) reported being the highest users of prefabricated and modular components when compared with the Southern contractors, where only 24% of the prefabricated and modular components are used. Companies in the Northeast also expect to hire fewer employees – 38% of contractors in the region expect to hire more employees in the next six months, compared with 57% in the South, 59% in the West and 68% in the Midwest. Nevertheless, in all regions, worries about the cost of hiring skilled workers have remained constant over the past year – nearly two-thirds (64 percent) of contractors expect these costs to increase over the next six months.

Despite labor force concerns, contractor’s morale remained stable during the first quarter, due to strong revenue forecasts and higher profit margins, yielding a compound result of 74. “As we continually work to build our neighborhoods, cities, regions and highways, as well as the workforce that supports our growth, innovation is becoming a key element in moving our country into the 21st century,” said Thomas J. Donohue, President and CEO of the United States House. “We must invest in a skilled, competitive and motivated workforce and adopt new innovations to be able to compete globally.

The index analyses the results of three main indicators to assess confidence in the commercial construction sector – portfolio level, new business opportunities and sales forecasts – and generates a composite index on a scale from 0 to 100 which serves as a quarterly business health indicator. The composite rating for the first quarter of 2018 was 74 and has then remained stable since the fourth quarter of 2017.

THE Q1 2018 RESULTS FROM THE THREE KEY DRIVERS WERE:

Order backlog: Averagely, contractors currently have an order backlog of 8.9 months, relatively close to the average ideal quantity of 12.2 months, which maintains market stability, although there is room for growth. This represents 73% of the ideal backlog, two points lower than in the fourth quarter of 2017. New Business: Almost all (98 percent) contractors report high or moderate confidence in commercial construction demand. Year over year, the number of contractors with high confidence in demand over the next 12 months increased 11 percentage points (from 51 percent in the first quarter of 2017 to 62 percent in the first quarter of 2018).

Revenue: More than half (54%) of contractors are hoping for increment in revenue next year. Since last quarter, this figure has increased by seven points (47 percent in the fourth quarter of 2017). The survey was conducted jointly with Dodge Data & Analytics (DD&A), a leading provider of information and data for the construction industry, through a survey of commercial and institutional contractors.

commercial construction

ABOUT THE INDEX

The USG Corporation + U.S. Chamber of Commercial Construction Index are a quarterly economic index to evaluate prospects and confidence in the commercial construction industry. The USG Corporation and the US House of Representatives, together with Dodge Data & Analytics (DD&A), work together to bring forth this index. Every three months, DD&A researchers receive feedback from more than 2,700 commercial decision-makers in the construction industry to better understand their confidence in the sector and other key trends. This panel enables DD&A to deliver results that are representative of the entire US construction industry in terms of geography, size and type of business.

It is worth noting that the Commercial Construction General Contractor report is presented for general information only. It does not also support an investment decision regarding USG Corporation, nor is it intended to be used for marketing purposes for an existing or potential USG investor. This report is not a forecast of USG’s future results, and USG’s actual results may differ materially from those of commercial construction companies.

Info provided in part from USG Corporation

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