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Tuesday, April 3, 2012

Getting Ready: Pre-Construction Services in the US Industry Market ...

Los Angeles, CA (PRWEB) April 02, 2012

The Pre-Construction Services industry acts as a third-party manager, overseeing preparatory aspects of a construction project, including cost estimating, scheduling, designing and engineering. As such, the fall of the housing market and its subsequent strain on the financial sector set the stage for a stagnant commercial and institutional construction. The industry began to slow in 2008 and experienced steep revenue declines in 2009 and 2010 17.7% each year. With demand declining and virtually nonexistent new construction from these downstream markets, industry demand dropped dramatically, says IBISWorld industry analyst Nima Samadi. Despite the influx of stimulus dollars, most contractors saw backlogs diminish to unprecedented levels, causing profit to shrink. As a result, industry revenue is expected to fall at an average annual rate of 7.2% to $ 11.8 billion over the five years to 2012.

Reduced corporate profit, high unemployment and low consumer spending contributed to the Pre-Construction Services industry?s decline as businesses stopped growing or contracted, which constrained demand for pre-construction services from new office space and commercial construction. According to Samadi, demand for pre-construction services from institutional and municipal markets were somewhat sheltered from the severe declines due to a lag in its largest market, state and local government investment. Additionally, pre-construction firms increasing array of responsibilities and moves toward diversification has provided new revenue opportunities for the industry and allowed firms to charge more for services. The industry also benefits from a longer-term trend toward construction companies outsourcing functions to third parties (such as pre-construction services).

After three years of consecutive revenue decline, the industry is expected to begin recovering in 2012, with revenue expected to grow 2.7% this year to $ 11.8 billion. Over the five years to 2017 revenue is projected to increase at an annual average rate of 4.3% to $ 14.5 billion. Industry growth will be driven by continued improvements in the US economy, with demand for construction (and subsequently pre-construction services) projected to steadily rise as businesses begin to expand operations and real estate values rebound. Because the industry relies so heavily on general economic activity, the number of firms is expected to increase over the next five years. While there are several large-scale firms that operate both domestically and internationally, such as Jacobs Engineering Group, AECOM Technology Corporation and URS Corporation, this industry is also characterized by many small-scale, often individual proprietors and partners that operate on a regional basis. For more information, visit IBISWorlds Pre-Construction Services report in the US industry page.

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IBISWorld industry Report Key Topics

This industry acts as a third-party manager, overseeing preparatory aspects of a construction project, including cost estimating, scheduling, designing and engineering. It also acts as a third-party manager in regard to community relations, permitting, cost control and procurement.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Payday Loans: Solution for Salaried People of UK | Semantic Bay

Payday Loans UK are used by the borrowers for combating mid-month financial crisis.. With the cash received from this source, sometimes, school fees for their sons and daughters are paid off. Sometimes, the cash is used for clearing grocery bills or medical bills. For suddenly fixed wedding ceremony in the family, this fund appears as the best savior. Yes, payday loans are exclusively for the salaried people of UK, in whose life journey from one payday to the next one, in some months, is very troublesome. Actually, for most of the people, small and limited monthly income is not sufficient.

The loan seekers, through payday loans UK, can secure $100 to $1500, but they should, first of all, know for them why they are looking for funding and how much they really need. How much they can pay up within the given time is assessed by the finance providers, before they determine the payable amount. They determine the same after learning how much the loan seekers do earn in every month.

Payday loans are advanced against the paycheck that the loan seekers will get in the next month. Finance of this type is advanced in unsecured form. The finance is, thus, free from collateral. The loan seekers are to pay back the borrowed amount within 14 to 31 days. For reasons like these, payday loans UK are associated with higher rates of interest.

To be eligible for payday loans, the loan seekers must be adult citizens of UK and they must have verifiable and active bank account. They must also have a check book in which their name will be printed. A sizeable income in every month is also an imperative to be qualified for this kind of cash. It is again necessary that they are employed or self-employed.

Terms and condition for payday loans are set on the basis of the prevailing practices in the finance market of the region. Faxing or credit verification is not required. The borrowers should bear in mind that failure in repayment or failure to obey the terms and condition of the loan agreement is not excused. There are provisions of punishment for such lapse(s), that is, provisions of fines or penalties.

The loan seekers are encouraged to choose online mode of application. This helps in faster execution of loan payment. The applicants are sure to receive the loan amount within 24 hours, before which the finance providers must approve the loan application.

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Seven Ways to Waste Money on Health Insurance | Get Smart Get ...

Happy April Fool?s Day, folks!

In the spirit of holiday, we?ve compiled seven excellent tips to help would-be April fools make poor health insurance decisions this year. Here we go:

1. Wait for the 2014 health care reform provisions to kick in before getting coverage! The 2014 provisions of the law are the ones that will require most people to have coverage and prevent insurance companies from denying you coverage based on your medical history.

It may sound tempting to wait for 2014 before you get coverage, but the medical bills for a serious illness or injury could land you in bankruptcy between now and then. Explore your coverage options now before it?s too late. If you have a pre-existing medical condition visit pcip.gov or coverageforall.org to learn about government-sponsored options.

2. Don?t look into all your coverage options! Employer-based coverage is generally best for most people, especially for those with pre-existing medical conditions who may be declined elsewhere. But if your employer plan doesn?t meet your needs or you can?t afford it, take a look at the individual and family health insurance market when your next open enrollment period comes around.

3. Keep adult children on your plan till age 26 no matter what! The 2010 health reform law allows you to keep adult children on your health plan until age 26, which is great news for a chronically-underinsured segment of the population. But if your young adult children live in another state there may be no in-network providers nearby and their coverage could be limited at best, even non-existent. Work with adult children to see if there are any more affordable alternatives in the individual market.

4. Ignore unfamiliar terms like ?coinsurance?! It?s shocking how few people can define or explain basic terms like ?deductible? or ?premium.? What?s even more disturbing is how incredibly few people know what ?coinsurance? means: a mere 25% according to a 2011 Kelton Research survey sponsored by eHealthInsurance*. Coinsurance is another ? and very important ? form of cost-sharing. It means money out of your pocket. If you buy a plan with a 70% coinsurance rate and don?t know what you?re getting, you may be in for a rude awakening.

5. Overlook Short-term health insurance coverage! A lot of people who buy coverage for themselves only need it for a short period of time, or only as a back-up in case of unexpected accidents or illnesses. Rather than limiting themselves to major medical individual policies, some consumers should consider short-term plans. These don?t typically cover things like preventive care or prescription drugs, but they can provide an affordable safety net for medical emergencies for up to six months at a time.

6. Wait till you?re pregnant or sick to look for health insurance! Unfortunately, lots of people wait until it?s too late to get the coverage they need. In most states it?s still possible (until 2014) to be declined coverage due to a pre-existing medical condition. If you?re pregnant or already sick and in need of serious medical care, it?s probably too late to find affordable coverage on your own. Your only options may be employer-based coverage or government assistance. Don?t wait until it?s too late!

7. Never negotiate medical costs! If you have no health insurance or want a kind of treatment not covered by your insurance plan, it?s a good idea to negotiate prices with your medical provider. Without processing your claim through an insurance company you won?t benefit from the lower rates insurers negotiate with medical providers. If you can pay in cash up front or create a payment plan with your provider, you may be able to lower your costs by up to 30%, according to the New York Times**.

*To learn more about the Kelton Research survey visit: http://news.ehealthinsurance.com/pr/ehi/what-is-your-health-insurance-218679.aspx

**New York Times, March 13, 2009: http://www.nytimes.com/2009/03/14/health/14patient.html?_r=2

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Monday, April 2, 2012

Samsung Galaxy S3 Release Date: Is It Coming In April Or May? (Roundup Of Rumored Specs And Features)

Samsung Electronics continues to keep silence over the highly anticipated smartphone of the year -- Samsung Galaxy S3. However, the media world is abuzz with the next generation gadget's rumored specs, features and unofficial pictures.

Samsung fans have imagined all possible concept designs, some that could be likely be. However, most of the speculations are fabricated and might never see the light of the day, at least with the next generation Galaxy S smartphone.

Launch date April or May 22?

The South Korean manufacturer took to Twitter to shoot down rumors recently and fed the hype of the successor of S2 by saying, "once a specific launch date [is available] we will notify you via Twitter first."

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Samsung also reached out to the Verge and informed the website that the device will be revealed in the first half of 2012. They were quoted saying in the verge report, "The successor to the GALAXY S II smartphone will be unveiled in the first half of the year, closer to commercial availability of the product... We cannot confirm the detailed information at the moment."

Hence the media world and the smartphone maniacs got a vague assurance that the S3 will come in the first part of the year.

Taking that further, last week, Dutch mobile blog GSM Helpdesk in the Netherlands leaked a new image of Samsung Galaxy S3 which it claimed to be an official press photo of the device, obtained from an unnamed source.

Along with a professed official press image of the expected smartphone, the reports have also added updates on most of the hardware specifications.

The site reasserted a potential date for S3's announcement and reaffirmed that the device will be launched May 22 at a press conference in London. The published image of the next generation smartphone showed the weather in London and the Unpacked Event calendar entry pictured on the home screen pointed to a May 22 press conference in London.

However, despite an the image leak that made a May announcement seem increasingly likely, rumors swirled around that Samsung is still considering an April launch for its highly anticipated Galaxy S3 smartphone. A South Korean news site MK reported that Samsung president for the China region Kim Young-ha was quoted as having said that the company was pushing for an April launch.

"In order to increase sales of the Galaxy S3 as well as the Galaxy Note which is already very popular in China, the company is considering rescheduling the rollout of the Galaxy S3 from May to April," Kim Young-Ha, Samsung Greater China president, was quoted with the statement in the report. He was speaking at the Samsung Forum 2012.

Adding on to the release date spice, rumor has it that a couple of South African carriers have said in the recent past that they expect the Samsung Galaxy S3 to hit the shelves by July.

MyBroadband reports claimed that South-African major carrier MTN confirmed that it will offer Samsung Galaxy S3 as an alternative to Samsung Galaxy Nexus, which the carrier refused to add to its portfolio.

According to MTN, Galaxy S3 has already been ranged, but the phone needs to follow as certain procedure, such as testing, pricing and advertising. Galaxy S3 will hit shelves at MTN only after this process is complete.

The report mentioned that other South-African carriers hope to be able to offer the Galaxy S3 as well. Virgin Mobile estimated that it will be able to carry the smartphone from Q3 2012 while Cell C predicted they will start offering the Galaxy S3 from July.

It is a known fact that the phones predecessor was unveiled at the Mobile World Congress (MWC) last year, and then launched in April, which accelerated rumors that the S3 would be out at the same time. The success of Galaxy S2 is thought to the biggest reason behind the S3 delay.

Are you looking forward to Samsung Galaxy S3? Take a look at the rumor roundup of the most popular specifications and features of the most awaited future smarphone of this year -- Samsung Galaxy S3.

Display:?According to various rumors, the phone will feature a stunning 4.8-inch Super AMOLED Plus screen with 1080p (can be 720p too) full HD screen, with a 3D screen (first of its class);

Quad-Core Processor:?The phone will be powered by quad-core ARM A9-based Exynos 4212 chipset, 1.8GHz processor with 2GB RAM. In another claim made by BGR, a more modest 1.5GHz quad-core has been indicated.

Ice Cream Sandwich and Latest TouchWiz UI: Android's latest Ice Cream Sandwich OS will run on the device and the phone will receive the latest TouchWiz UI version 5.0.

12 MP Camera:?Rumors are rife that the S3 is likely to pack a 12 megapixel rear camera, a major upgrade from the 8 megapixels in the S2. The camera will also have a 2 megapixel front-facing shooter for video chats.

4G LTE and NFC:? S3 will have integrated 4G LTE support and Near Field Communication feature.

Better Battery:? Galaxy S3 is predicted to come with a 2250 mAh battery.

Other features:?S3 is expected to come with revolutionary wireless charging, 3D Lenticular image technology, waterproof casings.

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Video: Avon Rejects $10B Coty Bid... Analyst Weighs In

Avon products rejected a $10 billion takeover bid from Coty. Linda Bolton Weiser, analyst at Caris & Company, reiterated a "buy" on Avon this morning.

Knicks shake off Lin injury news, beat Cavs

New York Knicks' Carmelo Anthony (7) shoots over Cleveland Cavaliers' Antawn Jamison, right, and Samardo Samuels, left, during the first half of an NBA basketball game, Saturday, March 31, 2012, in New York. (AP Photo/Frank Franklin II)

New York Knicks' Landry Fields (2) shoots over Cleveland Cavaliers' Antawn Jamison (4) during the first half of an NBA basketball game, Saturday, March 31, 2012, in New York. (AP Photo/Frank Franklin II)

New York Knicks' Iman Shumpert (21) drives past Cleveland Cavaliers' Alonzo Gee (33) during the first half of an NBA basketball game, Saturday, March 31, 2012, in New York. (AP Photo/Frank Franklin II)

New York Knicks' Iman Shumpert (21) shoots over Cleveland Cavaliers' Antawn Jamison (4) during the first half of an NBA basketball game, Saturday, March 31, 2012, in New York. (AP Photo/Frank Franklin II)

NEW YORK (AP) ? A playoff spot is there for the New York Knicks, if they stay healthy enough to get it.

With Jeremy Lin heading for knee surgery and joining Amare Stoudemire on the injured list, that will only happen if someone steps up to be the No. 2 scorer behind Carmelo Anthony.

JR Smith is the most obvious candidate.

"JR, I mean he has the ability," Anthony said. "Coming off that bench, we're going to need JR to be him every night."

Smith scored 20 points, Anthony had 19, and the Knicks shook off more bad injury news before beating the Cleveland Cavaliers 91-75 on Saturday night.

Already without Stoudemire, the Knicks announced before the game that Lin would have surgery to repair a torn meniscus in his left knee and could miss six weeks. That leaves them without their second- and third-leading scorers as they try to hold onto a playoff spot.

But they showed they still may have enough. Tyson Chandler had 14 points and 12 rebounds for the eighth-place Knicks, who bounced back from a loss in Atlanta on Friday to win for the ninth time in 11 games. They have won seven in a row at home and moved 2 1/2 games in front of Milwaukee, which lost to Memphis.

"Well, the good teams do that, no matter who's in or out of the lineup," Chandler said. "So that's what we've got to do. We've got to win games whether they're ugly or pretty."

This one was ugly, with both teams shooting below 40 percent. But the Knicks have been a much better defensive team since Mike Woodson replaced Mike D'Antoni, and they may have to rely on that defense more than ever now.

"We've just got to hang in there together and keep the bodies that we do have healthy, keep them alert and ready to play when we step out on the floor," Woodson said. "The season is what it is. I mean it's not going anywhere. We've got remaining games left we've just got to take it one game at a time. We still control our own destiny and they've got to understand that."

Antawn Jamison scored 13 for the Cavaliers, who played without injured rookie Kyrie Irving and have lost seven straight and 10 of their last 11 games. They committed 20 turnovers that led to 28 points.

"I thought we played hard. We didn't know until we sat down and talked to Kyrie that he wasn't going to play, and the players didn't know that, but I thought they came out and gave a heck of an effort," Cavs coach Byron Scott said. "Starting the fourth quarter, down by five, I thought we did a pretty good job, especially on the defensive end. We just turned the ball over way too many times tonight."

The victory ended a difficult week for the Knicks, who learned Monday that Stoudemire had a bulging disk in his back. They said he could be back in two to four weeks, making it possible he could play again this season.

That's unlikely for Lin, who chose to have surgery when pain in his knee wouldn't go away after a week and whose amazing breakthrough season appears over. An undrafted point guard from Harvard who was barely hanging onto an NBA job two months ago, he became the starter in February and became the biggest story in basketball.

But the Knicks will have to go on without Linsanity, and more performances like this from Smith will help. The streaky shooter is a career 12.5 points per game scorer, but hasn't had enough good streaks since joining the Knicks after playing in China, and was just 2 of 10 in Friday's loss.

But he scored 12 in the fourth quarter, grabbed nine rebounds, and was a key when the Knicks finally got some separation in the fourth quarter, hitting a 3-pointer before Baron Davis made another for an 84-74 lead with 3:35 to play.

Irving sprained his right shoulder in a 121-84 loss to Milwaukee on Friday. The Cavs waited as long as they could to see if the No. 1 pick would be able to go before ruling him out.

After trading backup Ramon Sessions to the Lakers at the trade deadline, that left them with rookie Donald Sloan as their starting point guard. With Anderson Varejao (broken right wrist) and Daniel Gibson (left foot/ankle) also out, they simply don't have enough.

Scott said team management understands that, which is why even though Dan Gilbert wrote on Twitter after Friday's loss that Cavs fans deserved better, Scott said the owner was more upbeat than he was after the game.

Smith had a 3-pointer and two jumpers in a 14-0 run late in the first quarter as the Knicks turned a 13-11 deficit into a 25-13 lead. New York was ahead by eight after the period and led 46-38 at halftime.

NOTES: The Knicks have won three in a row at home against the Cavaliers. Before then, the Cavaliers didn't lose at Madison Square Garden following a Dec. 19, 2007, defeat until last April 3. ... The teams meet again in Cleveland on April 20.

Associated Press

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