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Construction spending drops for fourth straight month

Construction Dive

In addition, ABC’s backlog indicator experienced a sharp dip in May, indicating that contractors have less work on the books. Published July 7, 2025 Zachary Phillips Editor post share post print email license An aerial view of apartment construction on March 19, 2024 in Austin, Texas.

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DIY Interior Design Ideas to Revamp Your Home

UK Construction Blog

Try building your own shelving units or repurposing old crates and wooden boxes into stylish storage options. If you need a space to store books, consider creating floating shelves on your walls. Adding unique accessories like decorative trays, candles, or vintage books can elevate your space.

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How to Win Construction Contracts — Without Racing to the Bottom on Price

Develop Coaching

Beyond that, new-build work hit £139 billion in 2023 and inched higher again during 2024, even with a slow economy. Tender prices are forecast to climb roughly 2.75 % in 2025, driven mainly by tight labour and tougher rules, not soaring material costs. Build a Reusable Bid Library Winning teams rarely start with a blank page.

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#144:  What Is a “Material” Breach Justifying Contract Termination?

NH Construction Law

When an owner hires a contractor to perform work, there is an expectation that the contractor will adhere to the express and implied contract terms, the ultimate goal being to build what the contract calls for in a proper, safe and timely manner, free of claims from injured third parties or unpaid suppliers and subcontractors. ” Fitz v.

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Is Your Construction Tendering Process Costing You Projects?

Develop Coaching

Costs keep edging up, too: tender prices are set to rise about 3.2 % in 2025, mostly because labour is scarce rather than materials getting dearer. Build a live compliance vault online. Book a free 15-minute Scale Session call with Develop Coaching. Every bidding slip now eats straight into the bottom line.

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Construction Accounting Explained: Key Terms, Tools, and Techniques

Buildern

fixed price, time and material, AIA progress billing, and cost-plus) help align invoicing with project progress and contractual terms. Decentralized production also means construction accounting reflects the fluctuating costs of labor and materials in a locational context. Specialized billing methods (e.g.,

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A Comprehensive Guide to Contractor Accommodation in the UK Construction Sector

UK Construction Blog

The UK construction industry is a vibrant, ever-evolving force, driving the nations growth through ambitious infrastructure projects, innovative building techniques, and a steadfast commitment to sustainability. While more cost-effective than hotels for extended stays, they may require minimum booking periods, so flexibility is key.