Code Updates
The 2023 edition of the ASME Code has been published and will become mandatory for all orders placed on or after January 1st of 2024. Some of the major changes in…
Tag: field service
#METALMARKETUPDATE – DECEMBER ’23
In November 2023, the ISM Manufacturing Index (PMI) remained steady at 46.7, mirroring the October figure and falling short of the anticipated 47.6, indicating a sustained contraction in the manufacturing…
Planning & Contingencies – No Room for Winging It!
Planning for an on-site project/turnaround/shutdown/outage is a science as well as an art. Successful project planning is the cornerstone of any organization’s ability to execute tasks efficiently and mitigate potential…
#METALMARKETUPDATE – NOVEMBER ’23
In October 2023, the ISM Manufacturing Index (PMI) decreased to 46.7, down from the 10-month high of 49 in the previous month, falling significantly below the expected value of 49.…
#METALMARKETUPDATE – OCTOBER ’23
The ISM Manufacturing Index (PMI) for September 2023 showed a notable increase to 49, up from 47.6 the previous month. This exceeded market expectations set at 47.8 and indicated the…
T&M Estimates vs. Quotes – how to avoid projects where change orders are larger than the original contract value.
Anyone reading this newsletter is likely no stranger to the need to get quotes for work that is needed. Whether for a home remodel or a multi-million dollar turnaround, a…
