"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 ...

California has expanded the ability of its local agencies to use progressive design-build contracts for certain infrastructure projects in a bid to control costs and remain on schedule. Gov. Gavin ...

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 ...

Whether public or private, large infrastructure projects involve complex risk and resource management. Project owners must first identify, describe and mitigate design, construction, financing and ...

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 ...

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 ...

The city wants to speed up construction on its capital projects. Will the state let it? For years, the city has pushed state lawmakers to allow it to use alternative construction models that promise ...