Construction News

Integration of AI in Arbitration: Ethical Considerations

News Summary The use of artificial intelligence (AI) in arbitration processes within the construction industry is on the rise, yet…

2 months ago

The One Big Beautiful Bill Act Introduces Key Tax Opportunities for Contractors

News Summary The One Big Beautiful Bill Act (OBBBA) unveils significant tax opportunities for contractors, including changes to income recognition,…

2 months ago

Tragic Construction Site Incidents in Brooklyn

News Summary Recent construction site tragedies in Brooklyn have resulted in the deaths of two workers, raising serious concerns about…

2 months ago

Construction Milestone Achieved in the Hudson Tunnel Project

News Summary The Hudson Tunnel Project, a $16 billion infrastructure initiative, is making significant strides in construction across New Jersey,…

2 months ago

Indian Prairie District 204 Approves High School Renovations

News Summary The Indian Prairie District 204 School Board has approved major renovation contracts for Waubonsie Valley High School and…

2 months ago

Construction and Design Software Market Growth Insights

News Summary The global construction and design software market is set to grow from approximately USD 12.21 billion to nearly…

2 months ago

Parsespic Secures $20 Million in Series A Funding to Innovate Construction Supply Chain

News Summary Parspec, an AI-native software platform based in San Mateo, has raised $20 million in a Series A funding…

2 months ago

Insider Sales at Procore Technologies Raise Questions

News Summary Procore Technologies faces scrutiny due to insider sales by executives amidst positive market developments. Key transactions have raised…

2 months ago

Major Advancements in Construction Technology Changing the Industry Landscape

News Summary The construction industry is witnessing a transformative shift with innovative technologies enhancing operations, safety, and project management. Notable…

2 months ago

KeyBank Finances Over $100 Million for Affordable Housing in Oceanside

News Summary KeyBank has revealed its financing of over $100 million for the El Camino Real housing project in Oceanside,…

2 months ago