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EJCDC releases new series of documents
The Engineers Joint Contract Documents Committee (EJCDC) has released the construction manager at risk document series, a completely new series for construction manager at risk project delivery...
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Victor blog is moving!
After nearly a decade, the Victor Risk Advisory blog will transition to a new platform as we launch our new website in late July. Moving forward, all future blog posts will be integrated into the...
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Revitalizing America’s heartbeat: The call to champion homegrown industry
The Infrastructure Investment and Jobs Act, enacted on November 15, 2021, unfurled the Build America, Buy America Act. More than just words on paper, this act is a clarion call to give procurement...
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ESG by any other name: The imperative of resilient business models
Introduction In the rapidly evolving world of business, environmental, social, and governance (ESG) principles might be undergoing an identity crisis, but its essence remains unshaken. For...
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Risk management strategies for volunteering in times of disaster
With extreme weather patterns transforming from rarities to regular occurrences, you are not alone in wondering how you can help affected communities in the wake of such disasters—as a design...
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The labor movement: An ESG risk factor for design and construction
Recently, it seems like labor is having a moment, and this shift has the potential to influence various aspects of the industry. According to polls, more than 70% of Americans view labor unions...
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What happens to federal design projects if the federal government shuts down?
Congress has not yet passed crucial funding bills for the fiscal year 2024, which starts on October 1. If Congress does not act promptly, the government may be forced to shut down due to lack of...
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Zero-carbon cement: A game changer in the fight against climate change
Concrete is the most widely used building material in the world, and cement is its key ingredient. Unfortunately, cement production is responsible for about 8% of global carbon emissions, making it a...
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New flood forecast maps and tool released by the National Weather Service
Last week, the National Weather Service (NWS) launched a four-year national rollout of “experimental” flood forecasting maps. The maps show when, where, and how much floodwaters are expected to impact...
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Future of business: Why ESG is the cornerstone of tomorrow
In a rapidly evolving global landscape, it’s imperative for every business, irrespective of its industry, to understand the increasing intertwining of financial risk analysis and ESG (environmental,...
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