This new $1.2 Trillion Infrastructure Bill has many contractors thinking about trying their hand at Federal Projects. Bigger doesn’t always mean better though. Especially if this means that there is more risk involved. It’s important to truly think first before you jump and educate yourself on what...
This Week's Second Look
A recent survey by Dodge Data & Analytics and Sevan Multi-site Solutions of owners who have multi-site construction and contractors who do that work reveals some vastly different positions on “critical success factors” in the construction process. The survey findings were reported in a Dodge...
Later this year, Democrats in the US House of Representatives plan to restart their push to penalize companies that compensate their workers as independent contractors when, by law, they should be classified as employees and compensated as such. Of course, there are many legitimate uses of...
The merger and acquisition (M&A) market took a nosedive in recent years, but rebounded swiftly. Investors who pulled back on purchases previously are looking to make use of their cash reserves while interest rates are low and tax rates are advantageous. If you are looking to sell your business...
When you get into a legal predicament as a construction company owner, time and money are of the essence. You would not believe how much time of my legal career has been spent diving through banker boxes and trying to put together the pieces of a project gone wrong. Before the creation of...
Some worksites may look like a scene from one of the Terminator movies soon if construction firms adopt widespread use of bionic suits for some of their skilled craftsmen and women.As far as we can tell, no one in the industry believes the exoskeletons will be widely adopted until the year 2020....
The Piedmont at River Oaks is a four-story luxury apartment complex comprised of 80 residential units and a parking garage. Located in Montrose, also known as “The Heart of Houston”, the residents are minutes from restaurants, parks, museums, retail and running trails. Built in 2006, time and...
The following article originally appeared in the January newsletter to clients of FMI Corporation. Reprinted with permission.The war for talent continues and exacerbates. Many industries seek the logical, orderly minds that are the hallmark of our industry’s best project managers and...
In the construction world, Silica safety has become a top priority, albeit if partly only because of OSHA’s implementation of its Silica safety standards, which went into effect in September 2017.Prior to those standards being put into effect, workers may not have realized how common, and dangerous...