Category: Procurement

April 9, 2021

An unprecedented leap in the price of goods used in construction and supply-chain disruptions are wreaking hardships on contractors and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The association […]

March 18, 2021

At the same time as the depth of the nonresidential construction marketplace in the U.S. has become shallower, i.e., there are fewer projects out for bidding due to cutbacks in capital spending plans forced by the coronavirus contagion, material input […]

March 15, 2021

Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The data comes […]

February 17, 2021

Late last year, Mike Taylor was paying around $750 per short ton for the rebar he uses in his concrete pours. Now, that price has spiked closer to $900, a 20% increase in a little over a month. “That could […]

January 26, 2021

Manufacturing and labor groups including the AFL-CIO applauded the order, which tightens policies already in place. “The Trump administration used the right words but never put in place policies to affect meaningful change,” Richard Trumka, president of the AFL-CIO, said […]

December 23, 2020

The three big drivers — backlog, revenue expectations and contractor confidence — in the business group’s report “nudged up” slightly from the third quarter, but failed to reach pre-pandemic numbers. All three CCI scores were 70 or above in Q1, […]

December 16, 2020

When it comes to the construction business, the only thing that defines success is the quality of relationships. Either it is the relationships with the customers or the suppliers, it is the key to business continuity that defines the growth […]

November 20, 2020

A construction project starts well before the first shovel breaks ground, and its margin can be won or lost in this early stage. Preconstruction is becoming widely recognized as the most critical phase of a project when it comes to […]

October 8, 2020

When it comes to construction, it is extremely important to have control over finances. Though it is one of those industries that have shown significant growth during the last two decades, construction firms are expected to face maximum loss on […]

June 2, 2020

Joe Piro is the vice president of supply chain for Providence, Rhode Island-based Gilbane Building Co., the 10th largest contractor in the U.S., according to ENR’s Top 400 List. Since the coronavirus crisis began, Piro has been tracking supply chain […]