Business

Understanding the Eichleay Formula: Recovering Compensation From Project Delays

by Robert Mercado | Jul 27, 2021
Accounting | Business | Finance | Project Management

If a construction project is delayed by the actions of the project owner or another contractor, the delayed contractor has the right to request compensation for the impact of the delay. The most common calculation related to compensation recovery is the Eichleay formula.

Deloitte Report Shares the ‘Future of Construction’

by Construction Executive | Jul 27, 2021
Business | Economy

Deloitte has launched a report, “The Future of Construction: Key Trends Shaping Engineering and Construction,” which discusses advancements in a changing industry.

Understand and Reduce Operation Costs in Construction

A smart, strategic approach is required for any construction company to reduce operating costs.

Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

by Lori J. Drake | Jul 22, 2021
Accounting | Business | Finance | Project Management

Managing payments and the paperwork that goes with them is key to ensuring that construction businesses have the funds they need to grow and build their businesses.

Diving Deeper During Tech and Software Evaluations

by Michel Richer | Jul 20, 2021
Productivity | Technology

Before purchasing a new tech solution, find out specifics of the product’s integration roadmap, development method and a realistic implementation timeline.

Construction Technology and Software Rundown: July 23, 2021

Apps SafeSite Check In digital check in, jobsite safety and productivity app now features detailed weekly reports containing activities and hours worked by subcontractors, employees and project via daily log automation. Supervisors can upload pictures [...]

Build Up a Diverse Workforce in Construction

by Nancy Novak | Jul 20, 2021
Business Development | Training | Workforce

It only takes a few leaders to champion change and make diversity commonplace in jobsite culture so construction can be a safer place for more people to work hard, feel valued and build meaningful careers.

Pandemic Appropriations for Education Create Construction Opportunities

by Nat Peniston | Jul 20, 2021
Business | Education | Finance | Workforce

COVID-19 had an enormous impact on America’s education system. Recognizing the need for students to safely resume in-person learning, Congress allocated substantial funding to help schools rebuild and recover.

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Understanding the Eichleay Formula: Recovering Compensation From Project Delays

Deloitte Report Shares the ‘Future of Construction’

Understand and Reduce Operation Costs in Construction

Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

Diving Deeper During Tech and Software Evaluations

Construction Technology and Software Rundown: July 23, 2021

Build Up a Diverse Workforce in Construction

Pandemic Appropriations for Education Create Construction Opportunities

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