Choosing the right construction contract structure is never a purely administrative decision; it is the primary mechanism for allocating financial risk, driving schedule behavior, and defining cash flow dynamics across a project’s lifecycle. While most construction professionals know the standard definitions of Fixed Price, Unit Price, and Time & Materials (T&M) agreements, the challenge lies in aligning job-site execution with the operational demands of each contract type.

The national construction industry added 11,000 jobs on net in September, according to data released by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 109,000 jobs, or an increase of 1.3%.

National nonresidential construction spending rose 0.7% in August. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.309 trillion for the month.

In the construction industry, profit margins are rarely lost all at once. They bleed away quietly when operational delays aren’t caught in time. Most companies rely on traditional accounting, which looks backward at what has already been spent. Running a profitable job site, however, requires looking forward. Combining real-time cost projections with continuous Work-in-Progress (WIP) reporting bridges the gap between field realities and board-level financial health, giving contractors the foresight needed to protect project profitability.

The national construction industry added 22,000 jobs on net in August, according to data released today by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 120,000 jobs, or an increase of 1.5%.

National nonresidential construction spending rose 0.1% in July. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.286 trillion for the month.

.Trimble has an important update regarding customer Trimble ERP subscriptions and a new service being provided at no cost to them.

Managing safety documents on a construction site often feels like a constant juggling act. You are trying to keep the project moving forward while dealing with a mountain of inspection forms, safety logs, and compliance paperwork. But keeping these records organized is not just about avoiding fines or keeping inspectors happy—it’s one of the best ways to keep your crew safe and your project on budget.

The national construction industry added 22,000 jobs on net in July, according to data released today by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 82,000 jobs, or an increase of 1%.

National nonresidential construction spending rose 0.1% in June. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.277 trillion for the month.