Rebar Free Design Allows Contractor to Top Out Building in 10 Months

Using a composite steel frame that is rebar free, The Erection Co., finished topping out its 850 square foot Rainier Square Tower in Seattle, Washington in just ten months. The building is scheduled for completion in 2020, but the "speed...

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Project Design Problems Cause Cost Overrun

Design plans can cause a contractor's project cost to go over budget all by themselves. Even if proper time and resources are spent on estimating the scope of the project as well as its cost beforehand if the project design...

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California Residential Mortgage Lending Act License Bonds

Any company or individual in the State of California who engages in the business of making residential mortgage loans, to include loan processing and underwriting or servicing residential mortgage loans, for California borrowers is required to obtain a California Residential...

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San Francisco’s First Modular Hotel Opens

San Francisco opened its first modularly built hotel, the Home2 Suites by Hilton. The total construction time for the hotel was 16 months, with construction finished in less than a year after the modular units arrived at the construction site. The...

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3D Digital Scans Will Help Rebuild Notre Dame

Notre Dame, the French cathedral dating back to the 12th century, had much of its wooden structure burn down recently. But with the aid of 3D digital laser scans of the building taken in 2015, the burnt down spire and roof...

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Bipartisan Infrastructure Bill Aims to Attract Global Investment

Rep. John Larson (D-CT) and Rep. Kenny Marchant (R-TX) have introduced the “Invest in America Act” that aims to draw $125 billion in investment, create 284,000 jobs, and create many more opportunities for contractors. The bill would repeal the “Foreign...

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Surety vs. Insurance in Contract Surety

Surety bonds and insurance may seem similar and come from similar companies, but they are not the same thing, especially in contract surety. With Colonial Surety, contractors are essentially able to establish a line of credit with Colonial to use...

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Pre-Bid Due Diligence is a Key for Contractors

Evaluating subcontractors and material distributors in a construction project while having clear, quality contracts can be the difference between making profits or suffering a loss. That’s why it’s so important for contractors to do due diligence on project participants while...

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Joint Ventures Let Companies Share Bonding Responsibility

Joint ventures are surely more complicated than just taking on a project yourself. But utilizing the skills and aptitude of a joint venture partner can provide great benefit while also mitigating your company’s risk. As projects cost more and more...

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How to Become a Home Improvement Contractor in NYC

In order to legally construct, repair, remodel or add to any land or building used as a residence in New York City,  or business you may need to obtain a home improvement contractor license. Construction, replacement, or improvement of basements,...

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