As the US emerges from the COVID-19 pandemic, there is an increased demand for construction materials—a demand that will surge if Congress ever passes infrastructure revitalization investment legislation. Limited product inventory and ongoing supply change disruptions only compound the issue of swelling demand as this leads to increased construction costs and longer lead times for obtaining materials. In... Continue Reading →
Once again, economic factors have been pushing up the price of construction materials. In some cases, the increase means the costs of materials are soaring, and that means that construction contractors and subcontractors who submit a fixed-price bid are subject to the impact of escalating costs due to material shortages, snarled supply chains, continued tariffs... Continue Reading →
Websites are an integral part of the business of providing professional services. Often, architecture firms exhibit graphic creativity and challenge site visitors to spend time exploring and learning from the site. Engineering firms typically display accomplishments, document client satisfaction, and promote client interaction through their website's interface. However, websites can create problems for businesses ranging... Continue Reading →
The DC Department of Consumer and Regulatory Affairs (DCRA) recently introduced a rating system for architects, interior designers, general contractors, and home improvement contractors who submit applications to the DCRA. DCRA assigns a rating from one to five stars. For architects and interior designers, the rating is based on the quality of their plans that... Continue Reading →
Having read through the American Jobs Plan, it’s clear that federal funding and capacity-building proposals for infrastructure and climate are transformational, once-in-a-lifetime, and good for business. However, if the design and construction industry views the proposed policy framework through the lens of just the project flow opportunities, it could miss a massive opportunity to address... Continue Reading →
The White House will release the first part of their multi-trillion-dollar economic recovery package this week. This initiative is focused on rebuilding roads, bridges, and other infrastructure that will be of interest to design and construction firms. The White House's hope is that a bill that is solely focused on roads and bridges will get... Continue Reading →
During the 2020 Biden campaign, climate change was a priority issue. Consistent with that messaging, the administration is now plowing forward with urgent and sweeping climate mitigation policy proposals that will significantly impact the power, transportation, building, waste, and industrial sectors. Navigating the policy and regulatory implications for business models takes time, but the risks... Continue Reading →
According to the American Society of Civil Engineers (ASCE) and their 2021 Report Card for America’s Infrastructure, the country’s total infrastructure needs over the next 10 years is nearly $6 trillion. After acknowledging various sources of committed funding, ASCE measures the gap to meet those needs as $2.59 trillion. To indicate the payback that infrastructure... Continue Reading →
Both local and state governments continue to pledge commitments to achieving net-zero emissions by 2050 or sooner. While aspirations are high and worthwhile, and even more are in fact needed, the details on how to meet those pledges have been scarce, confusing, and fraught with political hand-wringing. Indeed, the complexity of solving for climate change... Continue Reading →
The ACEC Research Institute has released a report detailing the impact of the A&E services economic contribution to the overall US economy. The study reports that 2019 revenue for the A&E services sector totaled $386 billion. The total economic contribution of A&E services in 2019 reached nearly $600 billion, and the industry's analogous contribution to the economy... Continue Reading →
