Buildots Raised $130M and Says Seven-Figure Contractor Contracts Are Now Standard
Buildots closed a $130 million round led by O.G. Venture Partners, taking total funding to $297 million, and says seven-figure contractor deals are now routine.
Buildots closed a $130 million round led by O.G. Venture Partners, taking total funding to $297 million, and says seven-figure contractor deals are now routine.
MSI Economics projects U.S. power construction doubling to $150 billion a year by 2030, but says only about 5 GW of 2026 demand is under construction.
Deloitte puts labor-driven lost output near $124 billion, but estimating capacity kills projects before crews are ever needed, a bidding software founder argues.
Black & Veatch launched BVinfraIQ, a physics-model-based platform applying 100 years of project data to LNG asset performance, reliability and uptime.
Multifamily developers say greater contractor competition and steadier materials prices have not lowered costs enough to open new markets for apartment development.
Roughly 1,000 registered for the Commanders’ First and Goal contractor expo, as the $3.8B RFK campus stadium works toward a 40% D.C. business spending commitment.
The NYC Dept. of Buildings finished phase one of its post-collapse safety sweep: 180 jobsites inspected, 65 violations, 19 stop-work orders, no imminent hazards.
An ETH Zurich study finds local climate, not mix chemistry, drives rebar corrosion in low-carbon concrete, pointing the fix at location-calibrated building codes.
McDermott won a $1B-plus ADNOC contract for Umm Shaif package 4 and a $750M Eni award for the Cronos gas field off Cyprus, filling its Qingdao fabrication yard.
The Energy Dept. restored federal cost-share support for LuxWall’s 276,000-sq-ft Detroit vacuum-insulated glass plant, a year after rescinding its $31.7M grant.
A federal appeals court vacated New Jersey’s water-quality certification for Williams’ Northeast Supply Enhancement pipeline over unresolved Raritan Bay dredging monitoring.
LS Power broke ground on the 285-mile SWIP-North 500-kV transmission line, closing a corridor Idaho and California plan to use in opposite directions.
From Oct. 1, manufactured products on federal-aid highway projects must clear a 55% domestic component-cost threshold on top of U.S. final assembly.
Global wood demand is projected to rise 37% by 2050 while forest loss accelerates. Mass timber’s carbon case depends on supply that isn’t guaranteed.
Compressed schedules put more trades on a floor at once. Most craft safety training still teaches workers only their own hazards, and the gap shows up in incidents.
Data center employers face an acute skilled-worker shortage, and Kelly Services argues the fix is recruiting from telecom and utility grid operations, not poaching.
Oklahoma City awarded Jacobs a $130.5M, five-and-a-half-year contract to operate four wastewater plants handling more than 110 million gallons a day.
Skanska landed a $114M design-build contract from DDOT and FHWA to rehab the I-395 northbound Potomac crossing, adding 75 years of service life to a 1950 bridge.