In an age when image recognition, Big Data analysis and artificial intelligence are coming to define construction, outdated and inefficient contracting and construction management practices won’t cut ...

The National Renewable Energy Laboratory has hired a design-build team of JE Dunn Construction Co. and SmithGroup as it tests a new procurement strategy called cooperative construction contracting ...

Construction companies and contractors can choose among several accrual accounting methods specialized for their industry. They can also use cash accounting. If they choose accrual accounting, they ...

Thad Berkes, Chief Cost Estimator, Design Collaborative compares four construction project delivery methods, highlighting ...

Construction businesses can use special accounting methods to recognize income. By selecting one of these methods, you can figure your taxes based on your progress in completing a construction ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Due to the high costs and extended timelines associated ...

Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...

Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

Texas public procurement statutes allow for several alternative delivery methods on public projects. This article explains how Texas public procurement statutes regulate Competitive Sealed Proposals ...