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1 day ago · Construction Management Software: Technology used to streamline and organize project planning, scheduling, and communication in construction projects. Gantt chart: A visual representation of a project schedule, showing tasks, timelines, and dependencies.
2 days ago · Ho Chi Minh City (HCMC), Vietnam’s economic powerhouse, is charting a new course for infrastructural development through the extensive use of Public-Private Partnerships (PPPs). A recently approved landmark list of 41 projects underscores the city’s ambition to leverage private sector expertise ...
1 day ago · A construction purchase order is an essential legal instrument in the construction industry. It works as a contract between the buyer and the seller and outlines the terms under which goods and services are purchased for a project, ensuring clarity and commitment from both parties.
2 days ago · A construction loan, also called construction financing, is a special kind of loan used only to build large, new homes or businesses. It provides the money needed for the building process’s costs, such as materials, labour, and other related costs. Construction loans offer a unique level of security compared to regular mortgage loans.
1 day ago · The National Infrastructure Agency (ANI) has accredited financial closure for COP700 billion (US$179.19 million) on the Northern Access Project Phase II in Colombia.. The Fifth Generation Northern Access Project Phase II secures financing for expansion works along the Northern Highway between Calle 192 and 245, Carrera Séptima between Calle 201 and 245, and the Perimetral de Sopó.
5 days ago · This need is especially evident in large-scale local authority construction endeavors, where significant investments and public finances are at stake. Given the inherent risks in construction projects, performance bonds are increasingly favored as a protective measure against potential non-performance by the contractor.
3 days ago · The trajectory of China's PPP market since 2014, characterized by rapid expansion and a high failure rate, now plunges into a state of limbo and uncertainty. Through a quantitative analysis of failed PPP projects in China from 2014 to 2020, this study investigates the impact of local government institutional quality, private capital business environment, local economic development, and local ...
