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By Anne Hunt, Trimble Viewpoint With the passage of the U.S. Bipartisan Infrastructure Law back in November 2021, many contractors hoped it would usher in a resurgence of new projects as the country embraced a renewed focus on updating and modernizing critical infrastructure across the country. The reality has been a slower rollout than initially …
By Ro Bhatia, CEO, PlanHub Contractors and subcontractors face an increasingly difficult challenge: skyrocketing inflation is bleeding their bottom lines. General inflation is raising the cost of everything, from food to fuel to office supplies, maintenance, and rent. Inflation and economic uncertainty are having a particularly pernicious effect on the construction industry, including: Record construction …
By Brian Poage, Raken Disputes severely impact the profitability of a construction project, especially when a disagreement between parties cannot be resolved without legal intervention. Sometimes the process is so costly it puts construction companies completely out of business. Most contractors know the best way to protect themselves from litigation is through careful documentation and …