Oak Ridge Surety

02/16/2024

Architects and contractors underestimate cyberattack risk https://www.bdcnetwork.com/architects-and-contractors-underestimate-cyberattack-risk

Design and construction industry firms underestimate their vulnerability to cyberattacks, according to a new report, Data Resilience in Design and Construction: How Digital Discipline Builds Stronger Firms by Dodge Construction Network and content security and management company Egnyte.

01/14/2024

12/22/2023

Happy Holidays from Oak Ridge Surety!

11/22/2023

Happy Thanksgiving! 🍁🦃🍽

06/24/2022

06/07/2022

Bids for recent PennDOT projects have come in 10% to 20% above estimates, which would weaken the benefits of the Biden administration’s infrastructure spending increase.

07/20/2021

https://www.constructiondive.com/news/gilbane-ceo-impacts-of-material-price-squeeze-will-continue-for-years/603292/

In its 150th year, Gilbane Building Company is shifting some of its corporate leaders to Boston in order to tap into the area's talent pool and thriving market.

07/11/2021

https://www.constructiondive.com/news/median-age-of-construction-workers-is-contributing-factor-to-workforce-shor/603018/

An aging workforce heightens the need to bring in new workers to the industry, according to a trade association official.

06/04/2021

Nonresidential Construction Outlays Drop In April To Two-Year Low
https://lnkd.in/dj6zuf2

ARLINGTON, VA (June 1, 2021) — Nonresidential construction spending in April declined for the fifth-straight month to a two-year low as demand waned for numerous public and private project categories in the face of lengthening production and delivery times for materials, along with fast-rising pri...

05/08/2021

WASHINGTON (May 3, 2021) — The United States Department of Commerce revealed that construction spending gained just 0.2% in March, despite predictions from the industry expecting a 1.9% increase. Spending is still up 5.3% over March 2020. Private construction rose 0.7% in March as demand for housi...

04/23/2021

04/23/2021

Soaring Material Prices Supply Chain delays spook Owners & Developers- Author-Joe Bousquin

The rising cost of many materials and increased sourcing headaches have project owners rethinking their return to normalcy and threaten to derail construction's expected resurgence.