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Designing with Intent: The Owner’s Playbook for Preconstruction Clarity and Control
If you’re an owner responsible for a capital program, you already know the harsh truth: most projects are set up to fall short on budget and schedule targets long before anyone pours concrete. The numbers are stubborn and remarkably consistent. Studies show that large capital projects frequently run over budget and behind schedule – cost …
Navigating Soaring Costs: Subcontractors Faced $97B Excess Expenses
As the commercial construction industry continues to face challenges related to rising material costs and labor shortages, subcontractors find themselves bearing the brunt of these expenses. In its third annual construction industry market report, Billd reveals alarming statistics regarding the financial burden placed on subcontractors. The 2023 National Subcontractor Market Report sheds light on the …