#construction-risk-management

#construction-risk-management

The windows are so dark now, I can't see anything inside. No more eye contact. No more silent acknowledgment that I exist.

The property developer organises the tours in part to showcase the site and explain their master plan for the area, as well as why they believe it's a good idea.

Centuri ended 2025 with a $5.9 billion backlog, up 59% from the prior year, 82% of which was MSA work. For 2026, the company already has approximately $1.1 billion in year-to-date bookings, covering over 85% of the midpoint of its 2026 base revenue guidance.

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.

Work to fix hospitals built using unsafe concrete will not be completed in time to meet the government's target, a new report has warned. Seven hospitals built using Raac, or reinforced autoclaved aerated concrete, were prioritised for remedial work last year, with the government setting a deadline of 2030. The new buildings are now expected to open in 2032 and 2033 - but some are already facing pressure to meet the revised timetable, the National Audit Office (NAO) said.

By focusing on what others aren't building, solidifying relationships on the ground, improving processes incrementally, and carving out a niche where they can stand apart from peers, private builders can achieve stronger margins, maintain brand value and grow sustainably despite the advantages held by large public competitors.

Life doesn't pause for grief or fear. You might be going through something devastating but you're still packing lunches, still driving your kids to baseball practice, still showing up to work. One minute I find myself prepping for a whole home presentation and the next minute I'm checking the news, hoping and praying that no one has been killed on the streets today.

A bridge failure might sound like something from a blockbuster, but real damage usually creeps in slowly. Across the nation, engineers watch thousands of bridges that remain open, yet are far from their best condition. "Structurally deficient" is not a death sentence, but it signals repairs can no longer wait. These 10 bridges handle massive traffic and are a serious concern nationwide today.

Beneath the visible surface of cities lies an invisible architecture. Subways, tunnels, water systems, data cables, and bunkers form a dense network that sustains urban life while remaining largely unseen. The ground beneath our feet is not a void but a complex territory that holds the infrastructures, memories, and anxieties of our age. In recent years, as land becomes scarce and climate pressures intensify, architects and urbanists have turned their gaze downward, rediscovering the subterranean as both a physical and conceptual frontier.

An east London authority is set to spend almost 6m fixing fire safety faults at two recently completed council-backed housing and commercial developments. The issues include missing back-up power supplies at a block of 156 affordable homes, and sprinkler system problems at an industrial scheme that have left many business units unlettable. London Borough of Barking and Dagenham documents show the problems have delayed occupation, limited rental income and forced costly retrofits funded by taxpayers.

Data published by the insurer Aviva reveals that of the 396,602 new homes recorded by the Ordnance Survey in England between 2022 and 2024, 43,937 are in areas of medium or high risk of flooding, while 26% of new homes have some risk of flooding.

Cedar Street just came out victorious in a multi-year saga with the city of La Canada Flintridge, winning the first successful builder's remedy case in California Superior Court for its 80-unit mixed-use project at 600 Foothill Boulevard and setting a path for other developers to build. But the fight may have left its scars, in time, stress and now soured relationships with some officials.

Construction costs globally are set to rise by 2.4% in 2026, but growing uncertainty is the real challenge to project delivery. The findings are captured in 'Construction in 2026: Where Certainty Comes from Agility' a new report published by Currie & Brown, a world-leading provider of cost management, project management and advisory services. UK market: steady costs, fragile confidence At 3.6%, the UK sits in the middle of the global range of forecast cost escalation for 2026.