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Category: Procurement


Construction Processes, Financial, Procurement

2018 U.S. Construction Prospects

May 25, 2018

Via: ConstructConnect

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at […]


Construction Processes, Financial, Procurement

Airport projects could hit $70B by 2021

May 7, 2018

Via: Construction Dive

Given the cost to construct some recent airport terminals, transportation and runway projects, $70 billion is not unrealistic, particularly since that figure is spread out among 50 airports. Chicago officials are finalizing plans for an $8.5 billion expansion at O’Hare […]


Construction Processes, Procurement

U.S. Construction Spending Drops 1.7% in March

May 1, 2018

Via: ConstructConnect

Construction spending fell to a seasonally adjusted annual rate of $1,284.7 billion in March. This is 1.7% below February’s estimate which was revised up significantly from $1,273.1 billion to $1,306.4 billion. January’s estimate of $1,272.2 billion was also revised up […]


Construction Processes, Financial, Procurement

Steel and aluminum tariffs raise more questions than answers for domestic suppliers

April 18, 2018

Via: BDCNetwork

Over the past 90 days, the price of steel that Dallas-based DFW Grating buys from domestic mills to fabricate bar and plate grating has nearly doubled. C. Scott Netherton, DFW Grating’s Vice President of Business Development, added that steel distributors […]


Construction Processes, Interaction of Expertise, Procurement

Tishman Speyer to begin building The Spiral in Manhattan

April 16, 2018

Via: Construction Global

Leading New York-based construction company Tishman Speyer has announced that it is set to begin constructing The Spiral in Manhattan, having both secured a $1.8bn loan from Blackstone Mortgage Trust, and finalized an 800,000 square foot lease with Pfizer. Costing […]


Construction Processes, Procurement

6 Tips on Buying Used Construction Equipment

April 2, 2018

Via: ConstructConnect

Most businesses prefer bringing in a new equipment if their old one fails, but there may be times when you would prefer buying used equipment. While it may not be very different from making a new purchase altogether, it is […]


Construction Processes, Procurement

Seattle area starts $6.7B light rail and tunnel projects

February 12, 2018

Via: Construction Dive

The Central Puget Sound Regional Transit Authority (Sound Transit) is entering the assessment and early- development phases for $6.7 billion of light rail projects that will further connect Seattle with its western suburbs, according to the agency’s February 2018 Summary […]


Construction Processes, Financial, Procurement

December material prices edge down, up 5% for 2017

January 12, 2018

Via: Construction Dive

A too-narrow narrow gap between natural gas and crude oil prices contributed to the decision that South Africa-based chemical and energy company Sasol made to cancel its plans to build a $15 billion gas-to-liquids (GTL) factory in Louisiana next to its $11 […]


Construction Processes, Procurement

3 Ways That Renting Equipment is Better Than Purchasing

December 7, 2017

Via: Construction Marketing Blog

Heavy equipment is expensive to buy and maintain and this means that a few people or a few companies can afford to purchase and maintain this kind of equipment. Even when you have the ability to purchase these items, sometimes […]


Construction Processes, Procurement

Construction material prices continue to climb in September

November 17, 2017

Via: Construction Dive

A stronger international economy is sure to be welcome news for companies like Caterpillar, which suffered along with a weaker global market over the course of the last few years. Late last month, the construction equipment giant reported an 11% annual […]