In an age when image recognition, Big Data analysis and artificial intelligence are coming to define construction, outdated and inefficient contracting and construction management practices won’t cut ...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 ...
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 ...
In this installment of our ongoing series on selling to the government, we'll look at fundamentals of government contracting. We'll tackle contracting methods in general order of apparent ...
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, ...
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 ...
Officials approved a new station. You hired your architect. However, what will the project delivery method be? How will the construction be bid? When will the contractor come onboard? Who will hold ...