2022 Contractor’s Professional Liability Market Trends and Challenges

The introduction of new construction materials coupled with a renewed emphasis on modular building, artificial intelligence, 3D printing, and wearable and drone technologies is not only expected to ease existing cost burdens but also speed construction processes while completing projects on time and within budgets. Another boost is expected to come from President Joe Biden’s $1.2 trillion infrastructure spending plan, which “will deliver $550 billion of new federal investments in America’s infrastructure over 5 years, touching everything from bridges and roads to the nation’s broadband, water and energy systems.”3 Read more.

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