The Office of Federal Contract Compliance Programs (OFCCP) has recently updated its audit procedures for construction contractors, bringing significant changes to data and documentation requirements. These updates demand that construction contractors prepare for increased scrutiny, particularly
As the multifamily housing sector grapples with economic obstacles, industry experts explore potential routes to recovery and growth. Though the market is dense with challenges, including financial constraints and supply-demand imbalances, there is optimism about its future driven by innovation and
Sustainable architecture is no longer a niche; it has become a fundamental approach to building design and construction. As we grapple with the pressing challenges of climate change and resource management, innovative tools like building energy simulations are crucial. These technologies help
The groundbreaking of the $2.3 billion Long Bridge project marks a transformative moment for rail travel along the East Coast. Officially launched with the presence of Transportation Secretary Pete Buttigieg and other notable officials, the project aims at alleviating one of the most significant
The European construction industry, traditionally marked by slow innovation uptake and fragmentation, is undergoing a significant transformation. This shift is propelled by a burgeoning class of technology startups that are securing critical funding to catalyze industry-wide changes. As of October
In recent years, the Building Information Modeling (BIM) market in the Asia-Pacific region has witnessed unprecedented growth. As of 2023, the sector has been valued at an impressive $1,979.34 million. Experts project this market to reach about $9,207.17 million by 2033, driven by an annual growth
The construction industry, a crucial driver of global economic development, continues to face persistent issues that consistently derail projects despite various geopolitical and economic shocks over the years. The primary causes of these problems have shown remarkable consistency. According to the
Technological advancements in connected and autonomous construction equipment (CAP) hold the promise of a transformative impact on the UK economy and its infrastructure sectors. A substantial study conducted by Costain, commissioned by the UK Department for Transport, delves into the far-reaching
Occupational safety in the construction industry remains a critical issue requiring continuous attention and improvement. The Occupational Safety and Health Administration (OSHA) has played a pivotal role in championing these efforts through its Advisory Committee on Construction Safety and Health
The construction industry is on the cusp of monumental growth, poised to reach a staggering $26.75 trillion by 2033. This unprecedented expansion, underpinned by a myriad of factors ranging from technological advancements to sustainable practices, presents both vast opportunities and significant
