General liability insurance for electrical contractors costs, on average, $48 per month. The total cost of coverage will depend on the type of insurance purchased, the coverage limits selected, the ...

Since 2020, CRE construction has witnessed unprecedented materials pricing escalations and excessive lead times, accentuated by rising interest rates, record-high inflation and labor shortages. From ...

U.S. contractors lost between $30 billion and $40 billion in 2022 due to poor labor productivity, according to a new report from FMI Corp. The survey focused on self-performing contractors, those ...

Like many industries, commercial real estate hasn’t been immune to the impacts of the new tariffs implemented by the Trump administration, especially in the construction sector. As of March 12, steel ...

Construction costs accelerated again in May, with steep increases for a wide range of materials, according to the Associated General Contractors of America. Those materials include many that are ...

However, the One Big Beautiful Bill Act that was enacted this past summer made several impactful changes to the Internal Revenue Code. These changes should result in more financially feasible deals, ...

Through meticulous planning, a correct Work in Progress (WIP) report, continuous monitoring, and strategic financial management, general contractors can navigate the bell curve challenges.” — Jason ...

Wednesday’s trimming adds to a growing sense of a softer borrowing environment for construction by next year, according to a ...