Build relationships with multiple general contractors to increase bidding opportunities and negotiation power Perform strategic risk and effort analysis to focus on projects with higher win ...

The latest federal data shows muted labor demand along with a sharp drop in hiring, according to an Associated Builders and Contractors analysis.

Bid bonds guarantee that contractors complete projects they bid on, often for public or government jobs. If a contractor fails, a performance bond replaces the bid bond, ensuring project completion.

The job numbers in construction stand in stark contrast to the broader labor market. The U.S. as a whole shed 105,000 jobs in ...

In recent years, the construction industry has enjoyed a period of robust growth. However, industry professionals are now facing a series of challenges that impact their businesses, including ...