BEAM announced an update to internal documentation outlining how AI-supported quantity takeoffs are being integrated with bid estimating software to support changes in bid volume management and ...

The following information was released by the Federal Reserve Bank of Atlanta:. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this "advance" estimate at their ...

In a traditional project delivery model, contractors have a limited timeframe to prepare pricing. Pricing is based on a finalized set of design plans and specifications. This approach can lead to ...

MEDINA, Ohio -- In the hopes of attracting bidders to take on the U.S. 42 resurfacing project through the center of town, City Council’s Finance Committee is looking to increase the estimate for the ...

In construction, an accurate bid can mean the difference between a profitable year or continuous delays and costly overruns. Many contractors continue to rely on spreadsheets, fragmented data, or gut ...

Abstract: Large synchronous machines designed for high-speed operation often feature a solid rotor construction which guarantees the needed robustness against centrifugal forces. The rotor solid steel ...

On time and on budget—the familiar yet challenging goal in the construction industry. Despite significant efforts to enhance construction productivity and efficiency, many projects continue to ...

Following a record-breaking wave of new industrial development over the past several years, U.S. industrial market vacancy rose to 7.3% during the first quarter of 2025, according to JLL. However, ...

The terms Agile and estimations don't align perfectly. Agile is all about responding to change rather than following a plan, while accurate estimations require a fixed plan that doesn't change. It's a ...

Sami Soufi is vice president and program manager for rail and transportation at Mt. Laurel, New Jersey-based program management firm Hill International. Opinions are the author’s own. My first ...