A $4.8 million kickback scheme involving a former Chicago Housing Authority official and a builder highlights the need for rigorous compliance in government contracting. Heightened scrutiny and potential regulatory changes could impact procurement practices.
Skanska USA's report highlights rising material costs due to tariffs and the growth of data centres, impacting procurement strategies and offering opportunities in the US construction sector.
May saw the fastest annual rise in construction costs since the pandemic, driven by soaring material prices. This increase challenges contractors as bid prices lag, impacting profit margins and project planning.
IronCAD's software update enhances mechanical design efficiency with BOM checks, fastener automation, and external link tools, crucial for AECM firms handling large steel work assemblies.
Saudi Arabia awards a contract for a 22.7km freight railway in Dammam, enhancing industrial connectivity.
Micron Technology and Bechtel are collaborating on a $100 billion semiconductor plant in New York, the largest private investment in the state's history, expected to enhance US semiconductor manufacturing capabilities.
The Hard Rock Hotel & Casino Las Vegas is building a 36-story guitar-shaped tower on the former Mirage site, signaling a trend towards innovative designs in hospitality construction.
KIP secures $580M funding for University of Kentucky utility plant, marking a major step in modernizing campus energy infrastructure.
The "Top Contractors of 2026" report highlights a 13.4% decline in average gross sales among leading pavement contractors, signaling a strategic shift towards residential projects and existing pavement maintenance.
