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Contractors and subcontractors face an increasingly difficult challenge: skyrocketing inflation is bleeding their bottom lines.
For over 40 years, I have been involved in the project planning, design, and construction of facilities and infrastructure, including stadiums, roads, factories, utilities, schools, hospitals, and even a water park or two. I’ve worked on projects for cities and counties, the U.S. Army and Navy, and for so many private owners that I would …
Each year, buildings across the United States suffer more than $100 billion in damage from earthquakes, hurricanes, flooding, and wind, according to the National Institute of Building Sciences. The pace of major events causing $1 billion or more in damage has increased over the past few decades as more people live in vulnerable areas. Modern …