Project Manager Can Offer Knowledge To Novice Owner, Be Contractor Ally

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As the construction industry has moved toward more collaborative forms of project delivery, many owners have begun engaging outside professionals who are known as owners project managers (OPMs). They assist with overall project planning, coordination and project oversight beyond what is typically performed by the owners’ design professionals. They also serve as a liaison between the owner and project team. …

States Take Lessons From Indiana P3 Project, Focus on Bidder’s Qualifications

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Continued construction risk in public-private partnerships was a key topic for financing experts on a panel hosted by investment firm D.A. Davidson as part of its annual investor conference, held in Chicago on Sept. 19. “There are two types of equity investors that usually get into P3s,” said Bryan Kendro, vice president of project development at Star America Infrastructure Partners …

Maryland Governor Seeks $9B To Add Lanes To Two DC Metro-Area Interstates

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Maryland Governor Larry Hogan proposed on Thursday an ambitious $9 billion public-private partnership to add new traffic lanes around the traffic-clogged U.S. capital region and assume control of a highway operated by the federal government. Hogan, a Republican, said his administration plans to add four new lanes to the Capital Beltway (I-495), a ring highway around Washington, and four new …

Four Companies Contracted For Border Wall Prototypes

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The Department of Homeland Security awarded four contracts for border wall prototypes, another crucial step in President Donald Trump’s plan to secure the border. Officials of Customs and Border Protection gave contracts to Texas Sterling Construction of Houston, Caddell Construction of Montgomery, Alabama, Fisher Industries of Tempe, Arizona, and W.G. Yates & Sons Construction of Philadelphia. Read the full article …

Contractors Should Know Exclusions in CGL Policy

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Whether you are a developer, builder, design professional, subcontractor, or supplier, one of the most important aspects of risk management is ensuring both you, and any entities with whom you contract, have good insurance. But, do you really know if you have enough insurance and the types of coverage you need? Ask yourself the following questions and speak to your …

Construction Schedules, Supply Chain to Feel Harvey

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Hurricane Harvey’s immediate impact on the construction sector will be a disruption in the supply chain for key materials, along with scheduling problems for projects that were under construction. As the cleanup and eventual rebuilding proceed, increased demand for materials and labor will push costs upward and contractors will be scrambling to secure supplies and workers. Read the full article …

Opinion: Trump Infrastructure Plan Has Roots in Privatized Indiana Toll Road

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President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in …

Contractors: Craft Workers, Supervisors, Field Employees Hard to Find

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Seventy percent of construction contractors in the United State report having a hard time finding hourly craft workers, and more than 35 percent are having a hard time hiring salaried office and field employees, according to a study released August 29 by the Association of General Contractors of America and Autodesk. Read the full article >>>

Builder’s Risk Insurance Can Mitigate Effect of Catastrophic Event

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Hurricane Harvey caused severe destruction in Texas with its significant winds and historic rainfall. But Harvey may also prove to be a costly lesson for many project owners and contractors. As Texas begins to focus on recovery in the coming weeks, Harvey will further serve as a reminder to all construction industry stakeholders that hurricanes, and other “acts of God”, …