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1. New Risk Management Documents Available from the Engineers Joint Contract Documents Committee (EJCDC)

The new 2023 Construction Manager at Risk document series is now available from the Engineers Joint Contract Documents Committee (EJCDC), a joint project of the leading engineering trade associations. The 27 new documents include contracts, bonds, contractor-procurement documents, and administrative forms, and are intended for use on projects in which the owner retains a construction manager at risk (CMAR) to provide preconstruction services and then construct a project.

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Market Indicators

Engineering Employment
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1,603,500 (February)
1,599,100 (January)

Construction Spending
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$1,677,200,000 (January)
$1,655,800,000 (December)

Dodge Momentum Index
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158.2 (February)
151.7 (January))

Morrissey Goodale U.S. M&A Index
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425 Deals—Up 33 percent year-over-year

AIA Billings Index
51.0 (January)
51.0 (December)

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Job Board - January Promo

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