Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

As the construction industry faces mounting pressure to deliver on time and within budget while reducing its environmental impact, procurement will continue to play a pivotal role.

Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain to help ...

A pair of lawmakers from both sides of the aisle launched a construction procurement caucus on Thursday for the 117th Congress to advance “sensible reforms” for federal contractors. Reps ...

The construction industry depends on procurement operations to fulfill project success requirements. The delivery of projects on schedule and budget depends on finding equilibrium between cost ...

Supply chain management in construction, despite its complexities, has remained stubbornly resistant to technology upgrades.

Digital construction procurement platform, Agora, has rebranded as Kojo as it expands to support new construction trades. In addition, it is also launching new products to help customers manage ...

Agora, a construction procurement platform, raised an additional $33 million series B funding, bringing total investment to $44 million.Investors include Tiger Global, 8VC, Tishman Speyer, Suffolk ...

Last year, two surveys relating to construction procurement and contracts were published: the National Construction Contracts and Law Survey published by the NBS, which carried out its survey in the ...

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia ...

The procurement for the expansion of a 22-kilometer section of Via Baltica into a four-lane highway failed after the submitted bids proved too expensive. While the initial plan was to build the ...