Kevin Watson | Clark Hill Construction professionals, like physicians, attorneys, and CPAs, are being pressed to adopt state-of-the-art tools offered by the burgeoning artificial intelligence industry. For those old enough to remember, state-of-the-art tools for architects and engineers evolved from hand calculations and calculators in the ’60s, to “Fortran + STRUDL” structural design “punch card”… Continue reading Navigating the AI Revolution: Duty of Care in Modern Design
Category: Construction
Government Shutdowns: How Contractors Can Recover Costs and Seek Time Extensions
Aron C. Beezley and Nathaniel J. Greeson | BuildSmart With the possibility of a government shutdown looming, federal contractors are rightfully concerned about how such an event could affect their contracts. Work stoppages, closed government facilities, and furloughed contracting officers can all disrupt contract performance. Fortunately, contractors may have legal avenues to recover certain costs… Continue reading Government Shutdowns: How Contractors Can Recover Costs and Seek Time Extensions
Well-Insulated: Predict the Unpredictable Construction Costs
Jill Masur | Construction Executive Contractors may need to revisit some of the processes in their accounting and financial operations. Here are six strategies for construction companies to insulate against cost increases and mitigate financial risks. It’s clear that, at least for the next year or more, the construction industry can expect unpredictable cost variations.… Continue reading Well-Insulated: Predict the Unpredictable Construction Costs
The Difference Between Seasonal Adverse Weather and Unusually Severe Weather (and How Contractors Can Protect Against Both)
Matthew DeVries | Best Practices Construction Law Picture this: A contractor is nearly finished with a major dam stabilization project, but a series of Owner-directed changes pushes the last phase of the work into late fall and early winter. Instead of working through the relatively dry conditions expected in the original schedule, the contractor is… Continue reading The Difference Between Seasonal Adverse Weather and Unusually Severe Weather (and How Contractors Can Protect Against Both)
Artificial Intelligence And The Construction Industry
Patrick Johnson | Honigman Typically, when one thinks of artificial intelligence (AI), computers using algorithms and data manipulation come to mind. Interestingly, the construction industry, which has traditionally been viewed as heavily labor dependent, has been increasingly utilizing advanced technologies driven by AI. However, given the early stage of this technology, the question remains: how… Continue reading Artificial Intelligence And The Construction Industry