construction

The construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption. Unfortunately, the fact remains that contractors lose hundreds of thousands of dollars a…

With the Trump administration imposing broad-based tariffs on foreign goods and materials, many construction companies are thinking about the potential increase in materials costs on their projects. There are many…

Digital transformation is a very real trend in many industries, including construction. The term refers to a business’s conscious effort to integrate digital technology into every area of its operations.…

Earned wage access (EWA) is catching on across various industries. Many different types of employers are using it to help attract and retain employees, but is it a viable option…

When project owners invest in construction jobs, they invariably look for long-term value. Whether road, residence or commercial real estate, the final deliverable needs to stand the test of time…

Under a performance bond, a legally binding agreement is established between a construction company, a surety (the bond provider) and a project owner. Essentially, the bond guarantees that the business…

If you’re like most busy construction business owners, you have plenty on your plate. Adding anything more to it is likely a tall order unless that item is going to…

Construction technology has been growing and improving in a variety of ways. Much of the focus is on front-office technologies such as project management systems and building information management software.…

Slow payments create many problems for construction companies. They reduce cash flow, undermine profitability, and shrink the working capital needed to fund current projects and other expenses related to day-to-day…