It’s Construction Safety Week and the Associated Builders and Contractors (ABC) have released their 2024 Safety Performance Report. ABC’s research on more than 900 million work hours completed by participants in the construction, heavy construction, civil engineering, and specialty trades…
The construction industry is a critical sector in the United States, responsible for shaping the nation’s infrastructure and driving economic growth. However, it also has one of the highest rates of business failure of any economic sector. In fact, according…
The construction industry continues to face inflation, supply chain issues, cyber threats, and project delays. While these problems can cause conflict, owners and project managers are finding ways to adapt to this environment and mitigate risks in contracts. The legal world…
Effective RISK MITIGATION poses a particular challenge for construction projects. On one hand, various risk factors have to be considered before, during, and after the project. While it seems impossible to create an exact risk or cost forecast, you can…