construction

Reviewing the Look-Back Method for Long-Term Construction Contracts

Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time aren’t the only cause for…

Read More

Contractors Can Calculate KPIs, Too

Successful companies of all stripes use key performance indicators (KPIs) to monitor their financial health and spot red flags. Well, you know what? Construction businesses can do it, too. And…

Read More

How Is 3D Printing Affecting the Construction Industry?

If you’re even remotely interested in technology, you’ve likely encountered the term “3D printing.” Sometimes also referred to as “additive manufacturing,” it’s the process of creating three-dimensional objects from digital…

Read More

Stay On Guard Against Supply Chain Fraud

Most contractors are no strangers to supply chain problems. Slow deliveries, out-of-stock items, wrong orders — what else could go wrong? Well, fraud, for one. How does it happen? The…

Read More

Is Your Construction Business Ready for Connected Jobsites?

Construction jobsites used to be decidedly unfriendly places for mobile technology. You wouldn’t, after all, want to lose your laptop to a steamroller or drop your smartphone in a cement…

Read More

Infrastructure Jobs Call for Due Diligence

Since its enactment in 2021, the Infrastructure Investment and Jobs Act (IIJA) has spurred tens of thousands of projects nationwide. And the IIJA — along with state and local efforts…

Read More

Construction Companies Should Approach Drone Purchases Carefully

They say there are two kinds of contractors these days: one that uses a drone and another with a drone on back order. It’s debatable whether anyone actually says this,…

Read More

Building Your Construction Company’s Bonding Capacity

As you know, every construction project doesn’t require bonding. However, once your company starts working on jobs that do, your ability to obtain performance bonds of the requisite value becomes…

Read More

The Latest on Occupational Fraud in the Construction Industry

The construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption.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…

Read More

Navigating Tariffs: Managing Rising Materials Costs

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…

Read More