Winds are Favorable for CMAR Delivery Method
According the US Bureau of Labor Statistics, inflation in the U.S. for March 2022 exceeded 8% year-over-year, the largest incremental increase since 1981. Correspondingly, construction material pricing has been extremely volatile with nearly all core categories seeing low to mid double-digit increases. To add insult to injury, we have seen tariffs, supply chain disruptions, and international politics contributing to an unstable economic environment for commodities. These factors pose particular challenges to estimating and planning large infrastructure projects—when projects unfold over years, an incorrect assumption on future conditions during the planning process can profoundly affect the profitability or even feasibility of a project.
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Promoting Economic Growth Through Public Transportation
South Jersey residents without reliable transportation face significant barriers getting to work. Addressing this challenge over the past decade, Cross County
Connection TMA has coordinated with multiple partners to provide three regional Community Shuttles. The shuttles provide mobility for underserved residents in
communities where public transit is limited or lacking.
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Project Benefits of Early Construction Management Involvement
“The wise man is one who knows what he does not know.” – Lao Tzu. This quote from the Tao Te Ching provides context to the benefits of having a program manager involved early in your project. While this article uses construction management as an example, the concept can be applied to other markets.
An owner’s main goal is to create or increase the value of holdings for your shareholders and constituents. When undertaking a capital construction project, an owner must focus on value creation, rather than being drawn into the minutia of the multiple phases required for project completion. Early engagement of a program manager during the pre-design and design phases is one method of creating value.
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Preparing for the Future: Transform into a Future-Ready Business
The modern workforce is growing and changing every day. With this constant evolution, there is opportunity for leaders to reimagine their organization’s identity. Specifically, how they can grow into a future-ready business through mixing up their hiring practices. One of the most underestimated tactics, and one that is simultaneously imperative to adopting a fresh approach to hiring, is the act of moving away from those traditional hiring practices and moving more towards non-traditional sources and processes.
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Offshore Wind Brings A Greener Future to New Jersey In More Ways Than One
For New Jersey, achieving a cleaner, greener future is paramount, however, continuing to grow the economy and ensure that New Jerseyans have good-paying jobs is equally imperative.
Offshore wind is slated to be a strategic part of New Jersey’s diverse energy portfolio. Between New Jersey’s first offshore wind farm Ocean Wind 1, a joint venture between Ørsted and PSEG, and the Ørsted solo venture Ocean Wind 2, significant economic investment and development have already commenced in the Garden State, with many more opportunities on the horizon.
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What is HVAC Commissioning and Why is it so Important?
The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) describes the commissioning process as a “capable way of verifying that a facility and its systems meets the Owner’s Project Requirements”.
HVAC systems are the most complex components of a building, involving multiple equipment suppliers, sophisticated electronic controls, several building trades and has the fewest code inspection requirements. The commissioning agent (CxA) verifies that this all comes together, resulting in HVAC systems operating as intended. Additional oversight on HVAC system installation and operation is extremely important to the health and welfare of the building occupants as well as the energy costs to a building owner. Building occupants will benefit from healthy indoor air quality and comfort throughout all seasons.
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M&T's Environmental Commitment Continues Through the Communities We Serve
M&T Commercial Equipment Finance has a full platform of products & expertise in the renewable energy industry, helping our customers and vendors decarbonize the economy for a greener tomorrow since 2015.
Our Decarbonization Platform of Products.
Our Group mobilizes capital across the capital stack, through a variety of technologies, and at various points along the supply chain. Our Team’s experience spans solar, hydroelectric generation, fuel cell technology, battery storage, offshore wind, EV infrastructure, and combinations of these technologies in the ongoing electrification of the US economy. As a community-driven bank, we have a laser focus on serving our communities, from Maine to Virginia and Florida, whether they be C&I businesses, governments, or developers.
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