ABC Bidding Lien Profitability 
Levelset
APRIL 28, 2022
In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Some GCs pass the cost of the loss reserve onto the project owner and claim that amount as additional profit on the project. ABC has a $750,000 deductible on the SDI policy, so the total claim payout is $450,000 ($1.2
Autodesk Construction Cloud
JULY 7, 2022
The Associated Builders and Contractors (ABC) estimates the construction sector would need to bring in nearly 650,000 additional workers in 2022 to meet labor demands. As Anirban Basu, ABC Chief Economist said in a statement, “The workforce shortage is the most acute challenge facing the construction industry despite sluggish spending growth.
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