by steve | Jan 2, 2022 | Did You Know? (DYK)
Did you know that 3 out of 4 construction businesses (77%) say they are happy with how quickly they finish a job, and a majority (53%) are happy with how quickly they get paid for their work? This makes us question if the status quo should continue to be the norm and...
by steve | Jan 2, 2022 | Did You Know? (DYK)
Did you know that construction costs for the 12-month period through the end of August 2021 rose by 4.5 percent, with material costs leading the way with a whopping increase of 23.1 percent? Over the next year, the estimated increase in total construction costs...
by steve | Jan 1, 2022 | Did You Know? (DYK)
Did you know that the industry needs to build 13,000 buildings each day between now and 2050 to support an expected population of 7 billion people living in cities. It also demands 1.55 million new housing units planned annually in the U.S. —...
by steve | Dec 13, 2021 | Did You Know? (DYK)
Did you know that there are different versions of the web? Web 1.0 or the original version of the internet (Netscape) was the primary game in town during the early 2000’s. This was the first iteration of the WWW or the world wide web and it was lifechanging as...
by steve | Oct 25, 2021 | Did You Know? (DYK)
Did you know that the global average value of a construction delay dispute is roughly $54.3 million. Where the average length of these disputes are 13.4 months! Further 9 out of 10 projects experience a cost overrun.
by steve | Oct 25, 2021 | Did You Know? (DYK)
Did you know that modular construction was actually implemented in the U.S. and is over 100 years old! Modular construction was actually integrated in the 1600’s when English settlers brought well made prebuilt homes over to...
