"Construction costs are increasing and the contractors face the impact," said Fitch analyst Anubhav Arora. Contractors in fixed-price contracts are under pressure from escalating project costs, Fitch ...
In 2018, Tipton County, a community in north central Indiana, broke ground on one of the most significant building projects since 1895. Like many communities around the nation, the county needed to ...
Earlier this year, the American Institute of Architects (“AIA”) released updated form contract documents for traditional design-build (“Traditional DB”) construction projects and introduced a new set ...
Thad Berkes, Chief Cost Estimator, Design Collaborative compares four construction project delivery methods, highlighting ...
Whether public or private, large infrastructure projects involve complex risk and resource management. Project owners must first identify, describe and mitigate design, construction, financing and ...
The 2026 National Defense Authorization Act (NDAA) recently signed into law by President Donald Trump includes authorization of progressive design-build (PDB) for military construction. It is the ...
The Tennessee Department of Transportation has awarded the state's inaugural Progressive Design-Build (PDB) contract to expedite the reconstruction of two bridges destroyed by Hurricane Helene. This ...
The historic US‑70 Roosevelt Memorial Bridge over Lake Texoma is set for replacement through Oklahoma DOT’s estimated $250M design-build project. November 13, 2025 The Oklahoma Dept. of Transportation ...