Tag: Contractors
-
What Contractors Need to Know About Prompt Payment Statutes in Construction
Prompt payment statutes are laws enacted at the federal and state levels that set specific deadlines for payment and limit the amount of retention that can be withheld on construction projects. These statutes can apply to both public and private construction work, depending on the jurisdiction, and are designed to ensure that contractors, subcontractors and…
-
The top commercial contractors of 2025
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: New York City-based Turner Construction has once again retained its top spot as the No. 1 contractor in the country by revenue, according to Engineering News-Record’s 2025 Top 400 Commercial Contractors list released last week.…
-
Nominations Now Open: Contractors’ Top 50 New Products 2025
Hosted hosted by Equipment Today and ForConstructionPros.com, the Contactors’ Top 50 New Products Award serves as the voice of the industry, representing your equipment priorities and preferences when it comes to exploring new market offerings. Returning for its 15th installment this year, the annual Contactors’ Top 50 New Products Award is designed to recognize the best new product introductions…
-
Construction Labor Shortage? How Tech Helps Contractors Adapt
Headlines about labor shortages in the construction industry are nothing new—for years, contractors have known that there was plenty of work but never enough workers. Even so, the construction labor shortage seems to have taken on a new acuity. According to Newforma’s 2025 AECO Project and Information Management Survey, 41% of firms in the AECO…
-
From Bids to Build: How Contractors Can Win with BIM
I recently spoke with the CEO of a mechanical contractor and asked whether their installation teams are already using BIM models. “Every day,” he responded. “They want to check the placement of ducts and other components on a 3D model before starting the installation.” That’s just one example of how Building Information Modeling impacts construction…
-
Contractors tout tech as AI arms race continues
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: As artificial intelligence continues to gain prominence in the construction world, two large builders are touting their new solutions as effective tools of the trade. Granite Construction and Skanska have shared in-house tools that the…
-
How to Sell Your House Fast in St. Louis: Contractor’s Guide
Holding onto a property can feel like watching cash drain out of your pocket. Between vacant property taxes, insurance, utilities—and let’s not forget the unpredictable St. Louis market—it’s enough to give any contractor or investor a headache. You want that property sold, and you want it done yesterday. Are you looking to sell your house…
-
How to Sell Your House Fast in St. Louis: Contractor’s Guide
Holding onto a property can feel like watching cash drain out of your pocket. Between vacant property taxes, insurance, utilities—and let’s not forget the unpredictable St. Louis market—it’s enough to give any contractor or investor a headache. You want that property sold, and you want it done yesterday. Are you looking to sell your house…
-
New York contractors boost pay, benefits to fight labor shortages
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. New York construction firms are ramping up pay and benefits to stay competitive in a tight labor market, according to a new 2025 study from The Bonadio Group, a New York City-based national accounting and advisory firm.…
-
Trial against four contractors over care home fire collapses
Alex Waller, chief fire officer, said: “Following extensive legal submissions heard over the first two days of the trial, unfortunately, it became clear this morning (7 May) that there would be no realistic prospect of securing convictions. After carefully considering legal advice, regrettably we have taken the very difficult decision to withdraw our prosecution case…