The Complete Guide to Construction Accounting

Why Construction Accounting Isn’t Like Standard Accounting Construction accounting is a project-based financial system designed to measure profitability, risk and cost performance at the individual contract level. Unlike traditional accounting models that treat business activity as continuous operations, construction accounting isolates revenue, costs and financial outcomes for each project. Every construction project behaves like a […]

Steel Cooling: Steel Costs Steadily Decline After Pandemic Price Shock

Despite minor tariff-induce volatility. steel prices have steadily cooled off over the last year. Steel prices have continued trending downward after several years of volatility, according to Gordian’s latest analysis based on RSMeans Data. After dramatic spikes during the pandemic-era supply disruptions, the market has gradually stabilized as supply chains improve and demand softens in […]

Researchers turn sawdust into fire-resistant building panels

Researchers have found a way to turn sawdust into a durable and sustainable interior wall panel, but whether it gets commercialized as a product depends on how cost-effectively manufacturers can access a mineral that’s key to the production process. The key ingredient is struvite, a crystalline ammonium magnesium phosphate that builds up in water treatment […]