Construction Costs Surge 7.4% in July, Pressuring AECM Budgets
Construction costs rose 7.4% annually in July, pressuring AECM budgets. Rising fuel and material prices are expected to continue impacting the industry.
Bank of America Commits $250B to Transform US Infrastructure
Bank of America pledges $250 billion to modernize U.S. infrastructure, offering new opportunities for AECM firms.
SESI Consulting Engineers: Pioneering Early-Stage Feasibility in Development
SESI Consulting Engineers is transforming real estate development by prioritizing engineering feasibility early in project planning, crucial for navigating rising costs and regulatory challenges.
Skanska Leverages DBE Changes to Boost Small Business Engagement
Skanska's success in meeting DBE goals at LAX highlights the importance of engaging local contractors, offering a roadmap for AECM firms to align with federal guidelines and enhance competitive edge.
Facility Grid Expands with PingCx Acquisition, Unveils Unified Software Platform
Facility Grid's acquisition of PingCx marks a strategic move to unify building lifecycle management, offering a comprehensive platform from construction to sustainability. This development holds significant implications for AECM professionals in terms of efficiency, compliance, and competitive posit
CIOB Seminar Explores Global Building Safety Regulations
The CIOB's upcoming seminar will delve into global building safety regulations, offering insights vital for AECM leaders. With international experts speaking, the event highlights challenges like the misuse of performance-based codes and the need for robust regulatory frameworks.
Automated Fleets Reduce Injury Risks on Construction Sites
Automated fleet technology is transforming construction site safety by reducing struck-by risks, a leading cause of fatalities. This innovation offers proactive risk management, crucial amid labor shortages, enhancing both safety and operational efficiency.
Tutor Perini Secures $42M Contract at Saudi Air Force Base
Tutor Perini lands a $42M contract for construction at Tabuk Air Base, Saudi Arabia, supporting the Royal Saudi Land Forces Aviation Corps. Key design work starts in September 2026.
OBEX Launches RapidTray, Streamlining Cavity Tray Installation
OBEX's new RapidTray simplifies cavity tray installation, ensuring compliance with fire and moisture standards, crucial for construction professionals facing regulatory pressures.
