“Homes ‘Unaffordable’ in 99% of Nation for Average American”… This is a CBS News headline for a topic that has everyone—from politicians to property developers—highly concerned.
The construction industry is a complex ecosystem with various stakeholders—each facing unique challenges, particularly when it comes to insurance needs.
In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.
nPlan's AI project risk management is being used on an $11-billion UK rail program. The company is looking to eventually replace traditional construction risk-prediction methods.
Associated Builders and Contractors members and subs will stay exempt from mandate for federal contractors, but it could take effect for non-construction US contracts in all but seven states, appeals court ruled.