Management

2020 February

How Do GCs Pay and Treat Their Subs?

Seventy-five percent of contractors feel left in the dark about their payment terms or payment timing and wonder whether they are getting a fair shake on the job, according to the 2019 National Construction...

2018 October

ConsensusDocs Coalition Publishes a New Lean Addendum

The ConsensusDocs Coalition is publishing the industry’s first Lean Addendum standard contract document. The ConsensusDocs 305 utilizes lean tools and processes without an Integrated Project Delivery agreement. The Lean Addendum provides a contractual...

2018 October

SBA Announces Decrease in Surety Bond Guarantee Fees

The U.S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years. The fee decrease will be in effect for guaranteed bonds approved during fiscal year 2019, taking effect October...