Design & Construction Best Practices
Our end of year newsletter covered a lot of ground.
First we looked at the market conditions for end-of-year for 2022. Then we considered which of those conditions were expected to have the greatest impact on the industry.
We closed our newsletter with a look at what trends we expected to see in 2023. Here is what we expected.
While we expect all of those factors to influence construction, there are two constraints that will be more impactful than the rest.
As we “slam-the-lid” on another year and bid a “not-so-fond” good riddance to 2022, the outlook for construction in 2023 seems bleak, but with some high spots.
I don’t really know what this young man’s experience has been, but I know mine, and finding “meaning” in my work has been easy. I love the construction industry and think it is a great place for people to build a career.
Owner’s who demand the highest standards of care and want to attract the best Suppliers are best served by more balanced contracts
Material volatility coupled with ever increasing labor costs, have made navigating the current market extremely difficult.
Extending payment terms is not without consequence and we must be informed on these risks in order to make a sound decision.
The following content was originally published July 2021 on IBM’s Category Newsletter. The Post-COVID Office – Our New Normal By Olivia L’Heureux Category Manager – Facilities With light at the end of the quarantine, Companies are preparing to bring worker’s back to the office. Offices are being reconfigured to promote new safety protocols and make…
As we continue our recovery from the impacts of the pandemic, inflation rates across the globe are on the rise.
I wanted to take a moment to share an update and a little about my blogging plans for this year.
General Contractor should not rely on the Owner’s contract to define the terms and obligations between the Contractor and his subcontractors. Rather, the GC should specifically state any and all of their sub-contractor terms (including payment obligations) independently of the Owner’s obligations to the GC. The Contractor should adhere to those terms independent of what may or may not be happening between the Contractor and the Owner.
In the midst of the COVID-19 pandemic, the effects of mass quarantines around the world has created a great deal of uncertainty. The decision by many of the World’s largest Companies to permanently work from home, has left Landlords holding their breath as they wait to see what the market does.