Material Pricing Inflation & Uncertainty: How Contractors & Subs Can Better Manage the Bottom Line
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...
Projects are Short Term Investments in Long Term Assets
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...
Using Digital Reporting Technology to Avoid Litigation and Disputes
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...
Five Ways Owning an Electric Machine is Different from Owning a Diesel Machine
Construction equipment manufacturers are embracing electric power. Almost every major construction equipment manufacturer has electric vehicles (EVs) in their current product catalog. Some of this is driven by corporate decisions to decrease the negative impact when...