Burdened by a sluggish economic recovery, cash-strapped public and private owners are shifting greater risk onto contractors through onerous deal terms with non-traditional project responsibilities.
Contractors, as a result, must be alert to new risks, resist them whenever possible and keep costs low to stay profitable.
After dramatic personal loss, policy makers and construction experts weigh the longer-term implications of the hurricane damage in Houston, Florida and the Caribbean. Can resiliency be accelerated?
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