|
May Construction Backlog Increases to 6.3 Months
Associated Builders and Contractors recently released its inaugural Construction Backlog Indicator, a forward-looking measurement reflecting the amount of work to be performed by contractors in the months ahead. Full Story >>
Construction Slowdown in Vail Continues During Second Quarter
The slowdown in construction activity continued during the second quarter of 2009 compared to development activity in 2008, according to statistics from the town of Vail Community Development Department. Full Story >>
Colorado Appeals Court, Subcontractors Agree on ‘Risk-Shifting’ in Construction Defect Case
On July 9, the Colorado Court of Appeals issued a decision that will help keep construction subcontractors from having to pay claims for design errors caused by others.
In D.R. Horton Inc. versus BD Foundations, et al., the appeals court rejected a design-build contractor’s claim that a contractual indemnity clause allowed it to shift settlement costs for damage caused by its own design errors to subcontractors.
Full Story >>
June Construction Retreats 7% Nationwide
New construction starts in June dropped 7% to a seasonally adjusted annual rate of $385.4 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Cos. Full Story >>
Reduction of Greenhouse Gas Emissions Depends on Productivity
Restrictions on greenhouse gas (GHG) emissions are not feasible without significant productivity growth and a transfer of technologies from advanced to emerging economies, concludes an analysis by The Conference Board, the global research and business membership organization. Full Story >>
|
