Aarni Heiskanen | AEC Business At the Building 2030 Summer Seminar, doctoral researchers Tuomas Valkonen and Roope Nyqvist from Aalto University shared fresh insights into how Large Language Models (LLMs) like ChatGPT and DeepSeek perform in construction-related tasks. The results highlight a simple truth: used wisely, LLMs can accelerate knowledge work; used unwisely, they can produce nonsensical results in… Continue reading LLMs in Construction: Where They Fail and Where They Shine
If It Ain’t Broke, Don’t Fix It: When an Equipment Breakdown Isn’t Actually a “Breakdown”
Adam Masef | Butler Weihmuller Katz Craig Many industrial companies often purchase commercial insurance policies with equipment breakdown coverage to guard against damage to their valuable equipment and protect against the associated loss of business income. However, as one steel producer recently discovered, not every incident amounts to a covered “breakdown.” In Aspen Specialty Insurance Company… Continue reading If It Ain’t Broke, Don’t Fix It: When an Equipment Breakdown Isn’t Actually a “Breakdown”
Build-to-Rent vs. Traditional Multifamily: Key Considerations in Joint Venture Agreements
Christopher MacMurray | Burr & Forman The rental housing market in the United States continues to evolve. Alongside traditional apartment properties, the build-to-rent (“BTR”) sector—single-family homes or townhomes constructed specifically for rent—is attracting increasing levels of institutional capital. Although both sectors address the growing rental demand, the distinct nature of the assets and the associated… Continue reading Build-to-Rent vs. Traditional Multifamily: Key Considerations in Joint Venture Agreements
Idaho Supreme Court Clarifies the Scope of Idaho’s Contractor Registration Act and Mandatory Fee Shifting on Lien Foreclosure Actions
Tara Martens Miller | Snell & Wilmer The Idaho Contractor Registration Act (ICRA)1 imposes mandatory registration requirements on contractors operating within Idaho. Since January 1, 2006, it has been unlawful for any person to engage in the business of or hold themselves out as a contractor without being registered in accordance with the ICRA. The Act… Continue reading Idaho Supreme Court Clarifies the Scope of Idaho’s Contractor Registration Act and Mandatory Fee Shifting on Lien Foreclosure Actions
Those Involved in Private Construction Agreements in California Must Act Now to Prepare for New Claim Resolution Requirements
Laurence Phillips | Procopio, Cory, Hargreaves & Savitch The clock is ticking for anyone involved in negotiating or administering private construction agreements in California. Beginning January 1, 2026, the Private Works Change Order Fair Payment Act (SB 440) will reshape how change orders and claims arising from them are handled on private construction projects. Private… Continue reading Those Involved in Private Construction Agreements in California Must Act Now to Prepare for New Claim Resolution Requirements