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While the industry has long been focused on how to get people into construction, the conversation needs to shift to how we get them to stay and grow. That question is especially pressing in today’s tight and competitive labor market. Recruiting and retention are too often treated as separate strategies when they are instead deeply …
The construction landscape is experiencing an unprecedented shift in capital allocation. Driven by the rapid expansion of cloud computing, artificial intelligence, and global digital infrastructure, data center construction has grown from a niche into a major driver of commercial construction. Industry giants like Amazon Web Services (AWS), Google, and Meta are leading this charge, pouring …
Escalation clauses used to be rare. Now they show up in almost every contract involving a volatile material. They are negotiated line by line, tied to published indexes, and carefully capped and structured. The industry got good at this. Legal teams argue over which index applies. Estimators set trigger points. Owners and contractors negotiate exactly …