Typical delivery methods consist of contracts based on (a) a lump or stipulated sum, where the parties agree on a fixed price for the entire project or phase; (b) a guaranteed maximum price (GMP), ...
In a recent Eno webinar, experts from ARTBA and AASHTO discussed how rising construction costs have reduced IIJA purchasing ...
Every project owner wants a successful construction project—one that finishes on time, on budget, without defects in design or construction, and with minimum conflict among the project parties.
Tariffs and expiring energy tax credits are making construction cost estimation difficult, raising project expenses for ...
Editor's Note: This article appears in Governing's Summer 2024 magazine. You can subscribe here. Even before the recent phase of inflation, public construction projects often far surpassed their ...
NEW YORK (WABC) -- The construction of the Second Avenue subway expansion into East Harlem has been paused after the delay of congestion pricing in New York City. The extension was one of the projects ...
U.S. construction starts jumped 21.1% in October to $1.53 trillion, fueled by data centers, manufacturing, and LNG facilities ...
Mortenson reports Minneapolis construction costs up 1.4% in Q3 and 6.7% year-over-year, reflecting a return to historic ...
The largest construction projects in the Kansas City area reported combined project costs of over $15.65 billion in 2025. Information on The List was obtained through Kansas City Business Journal ...