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Construction Contract Issues?

Market Data

Construction Contract Issues?

Not all contracts set the foundation for project success. When issues such as liability, risk allocation and disputes are not clearly defined and explained in the contract, it can lead to excess costs. Unfair contracts with poorly written clauses raise project costs up to 20%, affecting the profitability and efficiencies on a project. “All parties in a construction project deserve to work under a fair contract” – seems like common sense, right? Download this white paper to learn how using standardized contracts set the foundation that makes good business sense.


September 17, 2018

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Architecture firm billings continue to slow, but remain positive in October

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Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

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