Project Delivery

WASHINGTON, Dec. 2—National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $...

The shortcomings of traditional project delivery methods are well known to construction professionals. The cost and risk-shifting strategies of project owners, contractors and design firms are intended to address which entities are exposed to loss. These strategies frequently res...

WASHINGTON, Aug. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator held steady at 8.4 months in July, according to an ABC member survey conducted July 22 to Aug. 6. The reading is down 0.9 months from July 2023. View ABC’s Construction...

It's no secret that fluctuating labor shortages and supply-chain delays can present business challenges for contractors. Construction company leaders must think proactively about future operational interruptions. Speeding into the second half of 2024, labor shortages, the supply ...

In 2023, despite the proliferation of digital tools and advanced management programs, the construction industry still grappled with project delays and cost overruns. A staggering 98% of projects face these challenges. As highlighted by McKinsey, many construction sites, while ma...

Intravenous immunoglobulin is a medical treatment that involves the infusion of concentrated antibodies derived from donated plasma, which boosts the immune system in individuals with various immunodeficiency disorders, autoimmune diseases and certain other medical conditions. Th...

When construction companies develop a history of successful projects, they often consider bidding on larger projects. However, larger projects can carry greater risks. If a company has successfully completed numerous $10 million projects and is considering a bid on a $100 million...

E-learning has been an important aspect of higher education facilities for quite some time. Esteemed universities across the nation have recognized its significance as a revenue generator—and a way of providing greater access to education—enabling them to reach students from othe...

“Come here on Saturdays, Sundays, the central green is packed with yoga, farmers markets, music.…” Jeff King, a Clark Construction Group vice president, isn't talking about Paris, New York or even Washington, D.C. He's describing the lush Metropolitan Park campus—aka Met Park—in ...

A new Italian meats factory has opened in the United States, and from start to finish, it was a stellar project—both figuratively and literally. From design to build to ribbon cutting, the Florida-based construction group Stellar was hands-on during every aspect of this $200-mill...