Along with the usual concerns that keep business executives up at night—legal liability and rising medical and benefits costs—many U.S. companies are increasingly concerned about cyber risks and the ability to attract and retain talent, according to Travelers’ 2015 Business Risk Index.
Leaders must work on the strength of those around them and offer encouragement for growth. High expectations and passion to perform are major assets.
The key to success in proving and recovering on change orders is having the necessary policies and procedures in place prior to experiencing the changed condition (and in reality, prior to starting the project).
Promoting and adapting to diversity in the workplace and when working with diverse joint venture partners, subcontractors and suppliers showcases good corporate citizenship practices and potentially gives the company a competitive advantage.
Texas Universities will receive $3.1 billion for campus construction following eight years of receiving no state funding despite rapidly increasing enrollment. Gov. Greg Abbott (R) signed the legislation (House Bill 100) June 18.
Four steps construction company owners and financial executives should take to ensure the most appropriate job overhead rate is being used from year to year.
Similar to when construction firms expand their employee base, a thorough selection process for a qualified CPA will ensure the firm finds one with a strong reputation in the marketplace, proper industry experience and the ability to complement the construction firm’s existing culture.
At the end of the day, the contract determines a company’s rights and obligations on a project. Neglecting to select the right standard construction contract and which clauses to negotiate will make the risky business of construction even riskier.
The ABC Greater Michigan Chapter granted a 15-year-old young man’s wish for a treehouse at its 30th annual fundraiser, which brought in $30,000 for the Make-A-Wish Foundation.
Florida Gov. Rick Scott (R) approved a bill (SB 778) that restricts the ability of cities, counties and other government agencies from giving preferences to local builders when 50 percent or more of state funds are used to pay for a project.