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Exploring Contractual Risk Transfer in Construction

Construction Business Owner

Exploring Contractual Risk Transfer in Construction ccapoccia Wed, 11/08/2023 - 10:12 Every commercial or residential building, no matter how unassuming its appearance, is the culmination of collective endeavors by designers and proficient tradespeople.

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Avoiding construction disputes: 3 ways AI mitigates risk early

Construction Dive

Leveraging AI technology during the preconstruction phase can significantly reduce the design-induced risks, errors and disputes associated with early design sets.

Risk 131
professionals

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Assessing the Design and Build Risk

Construction Law

Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available. This story is only available to subscribers to the printed edition of Construction Law. If you have a subscription please log in to read the rest of the story.

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Construction Cost Data Information

Job Order Contracting

Current, objective, verifiable, and detailed construction cost data is critical to achieving any useful level of cost visibility and cost management. The fact that detailed unit price cost estimates using this type of information is rarely used and shared among owners and design/builders is largely responsible for cost overruns.

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Major Construction Cost Estimating Improvement

Job Order Contracting

An important construction cost estimating inprovement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks. Construction Cost Estimating Improvement including locally researched, objective, current, granular labor, material, and equipment info.

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What is ‘Contingency’ in Construction Budgeting: Managing Uncertainty and Risk

Building Radar

One essential aspect of construction budgeting is the inclusion of a contingency. This article will delve into the concept of contingency in construction budgeting, exploring its purpose, how it is calculated, and how it can impact a project’s success. Understanding Contingency in Construction Budgeting What is a Contingency?

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5 Design Considerations When Building In Harsh Environments

Construction Marketing

After all, no amount of high-grade construction can stand the test of time if it doesn’t survive its environment. Engineering in harsh environments poses a distinct set of challenges that call for innovative and robust design solutions. When designing military shelter systems , the material choice becomes even more critical.