When negotiating a complex change order or preparing to litigate a claim, calculating actual recoverable costs incurred can be a difficult exercise. You will want to first review your contract to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Commercial construction projects are challenging in so many ...

As we approach the end of 2024, prudence dictates a checkup on one of the most critical risk management tools for developers, builders and designers – insurance. With multiple acronyms out there such ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Health care workers are, like patients, subject to illness from a variety of airborne pathogens common to hospital settings. This risk increases during construction and renovation because these ...

You've completed your take-off, entered the job quotes, applied profit, overhead, and taxes to your estimate, and you believe you've accounted for everything. What could possibly go wrong? Plenty. The ...