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Author:Craig Pierce
Created:7 months ago
Updated:7 months ago
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Some of the more interesting news from around the Construction Industry:

Margin Pressure Will Worsen for Nonresidential Contractors

Reed Construction Data is reporting that 2010 looks to be the worst for commercial contractors.  With project completions being more than project starts and material and labor costs increasing, profits will be affected.


January’s Construction Starts Rise Led by Commercial Projects

Reed Construction Data is reporting that January's starts have improved from December and impressively from last January.  This is good news for the pipeline of construction of work and end of 2010 revenue numbers.


NECA Supports Legislation To Curtail Worker Misclassification

NECA is supporting legislation that would define more rules for classification of Independent Contractor (1099) status of employees and allow for more Government enforcement.


Aqua named 2009 Skyscraper of the Year

A very cool building in Chicago named Aqua has been named Skyscraper of the year and in my opinion for good reason.


Germans Expand Inquiry Of Cologne Rail Project

ENR is reporting that German officials are continuing their investigation into construction of rail projects where construction documentation has been called absolutely unacceptable.


State Court Rules CGL Policies Cover Subcontractor Defects

Mississippi Court ruled that General Contractor Insurance Policies that cover subcontractor work should cover subcontractor defects.


Rocky Mountain Commercial Construction Pipeline Very Slim

The Rocky Mountain Region's pipeline is very poor in comparision to the rest of the country.  Reed Construction Data is reporting that even though it is better than the lows from last year, it is not filling up like the rest of the country.


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