Construction News Magazine

Like all other industries, there are many members of the construction industry interested in the latest industry news. For decades, construction news magazines have provided that information, along with interesting pictorial layouts, for subscribers.

Construction news magazines keep track of the latest information, from contract awards to mergers and acquisitions. They will conduct interviews of major players and in-depth articles on the latest industry trends. Most importantly, however, construction news magazines are the places companies turn to for the latest information on new project announcements.

While construction news magazines do draw attention for their interviews with industry innovators and stories on new design ideas, the opportunity to find a new project to bid on draws many readers. A construction news magazine is a popular place for property owners or architects to advertise their projects in an attempt to draw the attention of bidders. Federal, state and local authorities are required by law to post their jobs for an extended period of time in local newspapers, but many also post the jobs in construction magazines.

In order to keep pace with these advertisements and the faster pace of news dissemination today, many construction news magazines have started putting their information online instead, drawing as many readers to the Web sites as they have reading their print versions.

In the traditional bid process, the bids cover the amount it would cost a general contractor to build a project, pay its employees and make a small percentage of profit. The design-build process is more involved. In this process, an architect and general contractor combine as a team and present a building or project design and construction contractor services in one proposal. The design-build process is used by those who believe an architect-contactor team with a past history of working together would be more efficient and, as a result, cheaper than an architect and contractor

The construction manager at-risk (CM at-risk) project falls in between the two. The architect is hired separately from the general contractor, but the contractor is involved in the project from the pre-construction process all the way through completion. The estimate comes in the form of a guaranteed maximum price, which covers all services rendered from pre-construction through the building process.

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