In an age when image recognition, Big Data analysis and artificial intelligence are coming to define construction, outdated and inefficient contracting and construction management practices won’t cut ...

The National Renewable Energy Laboratory has hired a design-build team of JE Dunn Construction Co. and SmithGroup as it tests a new procurement strategy called cooperative construction contracting ...

Fire stations are unique buildings that do not fall under a single building classification. These structures must accommodate not only sleeping quarters and automotive storage, but also allow for ...

Contracting in the world of engineering and construction often swings between models of risk shifting from owner and Contractor. This allocation of risk is the primary / root difference between the ...

As a contracting business matures and develops, larger projects and higher bond amounts naturally come into focus. Yet, there may be an unanticipated hurdle. Bumping against the construction bond ...

Construction companies and contractors can choose among several accrual accounting methods specialized for their industry. They can also use cash accounting. If they choose accrual accounting, they ...

Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

Construction businesses can use special accounting methods to recognize income. By selecting one of these methods, you can figure your taxes based on your progress in completing a construction ...

Texas public procurement statutes allow for several alternative delivery methods on public projects. This article explains how Texas public procurement statutes regulate Competitive Sealed Proposals ...

Getting your Trinity Audio player ready... The idea was to speed up hospital construction, but the contracting approach the U.S. Department of Veterans Affairs switched to in 2009 had disastrous ...