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Changes in US immigration are creating a construction cost nightmare

Changes in US immigration are creating a construction cost nightmare Home builders tend to assume construction costs will not rise because even if they do go up, home price increases will cover the cost increases. This time might be different, as the dynamics surrounding home price and labor supply are very unrelated. Smart builders are putting big cost increase contingencies in their budgets, which makes land acquisition... read more...

Military Contractors Fined for Using Russian Programmers for DoD Projects

Military Contractors Fined for Using Russian Programmers for DoD Projects Two former contractors for the Department of Defense (DoD) have agreed to pay close to $13 million to settle a legal case alleging that they hired Russian workers without security clearances to work on DoD computer projects.NetCracker Technology Corp. has agreed to pay $11.4 million, and Computer Sciences Corp. has agreed to pay $1.35 million to resolve a... read more...

Bid Management Platform For Building Contractors BuildingConnected Raises $8.5 Million In Series A

Bid Management Platform For Building Contractors BuildingConnected Raises $8.5 Million In Series A BuildingConnected is a platform to help construction firms manage the details of a job, with the aim to help save time and money on building projects. Today, the startup announced it had raised $8.5 million in Series A financing from Crosslink Capital, Homebrew, Freestyle, Bee Partners and Brick and Mortar.BuildingConnected pulled in a seed round of $2.2... read more...


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