"Construction costs are increasing and the contractors face the impact," said Fitch analyst Anubhav Arora. Contractors in fixed-price contracts are under pressure from escalating project costs, Fitch ...
New York City construction is unforgiving. Budgets are tight. Schedules are public. Approvals are layered. Once a project falls behind, recovering lost time and money becomes exponentially harder. In ...
Earlier this year, the American Institute of Architects (“AIA”) released updated form contract documents for traditional design-build (“Traditional DB”) construction projects and introduced a new set ...
Free resource responds to rapid growth as PDB now represents one-third of design-build procurements nationwide These ...
AASHTO. 2008. Guide for Consultant Contracting Washington, DC. AGC/ABA. 2022. AGC/ABA Construction State Law Matrix. https://slm.agc.org/. Alder, R. 2007. “UDOT ...
In 2018, Tipton County, a community in north central Indiana, broke ground on one of the most significant building projects since 1895. Like many communities around the nation, the county needed to ...
The 2026 National Defense Authorization Act (NDAA) recently signed into law by President Donald Trump includes authorization of progressive design-build (PDB) for military construction. It is the ...
When describing the difference between construction manager/general contractor (CM/GC) and progressive design-build (PDB), some authors posit that PDB is merely CM/GC in which the contractor holds the ...
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