Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024

By Nick Williams – R.I.S.E. LLC The construction industry builds the infrastructure that shapes our world, but beneath the surface, it faces an escalating crisis—substance use disorders and mental health struggles among its workforce. These issues threaten not just individual lives but also job site safety, productivity, and company stability. Leaders in the industry can
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By NCCER Staff The construction industry is no stranger to physical risk. Every day, workers face hazardous conditions, heavy equipment and demanding schedules. Safety talks, hard hats and protective gear are part of the culture. Yet the most urgent risk to construction workers today is often the one we don’t see: mental health and suicide.
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By Mary Klett, ASA Communications Team Artificial intelligence bots can draft reports, generate creative ideas, and answer complex questions—but only if they’re guided well. The key lies in setting clear parameters. Here are the most important settings, along with examples to illustrate weak versus strong prompts. 1. Define Clear Objectives Vague: “Summarize this report.” Better:
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By Patrick Hogan, handle.com Payment rarely moves without friction in construction. Even with favorable terms, cash flow hinges on meeting every procedural requirement tied to each draw, progress payment, or final release. Payment compliance is the operational side of contract strength, the process that turns written rights into actual funds received. A well-written agreement can
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The U.S. construction industry experienced a surge in 2022 and 2023 due to federal funding and pent-up demand, but the market began softening in 2024 and continues into 2025. Key challenges include rising costs from interest rates, inflation, and tariffs, which disproportionately affect smaller firms. Supply chain disruptions, though eased, still necessitate a “just-in-case” approach
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By Eric Travers, Kegler Brown Hill + Ritter For subcontractors, change orders are a fact of life on construction projects. They can stem from design revisions, unforeseen conditions, impacts from general contractor (GC) decisions or interference from other trades, or owner-driven scope expansions. While change orders almost by definition mean more work—and potentially more revenue—they
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