Best Practices – Contractor Overhead and Profit – Why Lowest Bids Does Not Mean Best Value.

Low-ball contractor's win bids with the intention of making up losses through change orders.

Industry Watch – A Seat at the Table – Should Architects and Procurement Professionals be Relegated to an Administrative Function?

There is no degree of change that will ever replace these roles.  They are required on every job.

Industry Watch – Alliance Arrangement Models – What are They and How Do They Work

A unique method of creating a legal entity that falls short of forming a Joint-Venture (JV) yet goes further than typical construction agreements.

Project Bank Accounts – New Project Accounting Contractor’s will Hate but Will Protect them from Insolvency!

Using PBA's will require significant adjustments and all parties will need to rethink how they operate.

Industry Watch – PBA Accounts – What are They and Can They Solve Payment Problems in Construction?

PBA's work like a Trust that holds funds from an Owner as payment to the general contractor.

Best Practices – Why Your Design Build Contracts Are All Wrong!

There are only certain types of suppliers who have the training and legal obligation to look after the Owner's best interests.

Industry Watch – Construction Lobby Lays Out Plan For 2018 – What They Got Right and What They Got Wrong.

The SEC's focus on these issues foretells of major changes for construction in the future.

Best Practices – Advanced Payments in Construction – When Should You Allow Them?

You should bear that in mind and recognize that your payment is always a form of reimbursement.