Construction
Recent News
Houses, apartments, factories, offices, schools, roads, and bridges are only some of the products of the construction industry. This
industry's activities include the building of new structures, including site preparation, as well as additions and modifications to
existing ones. The industry also includes maintenance, repair, and improvements on these structures.
.jpg)
The construction industry has been strongly affected by the credit crisis and recession that began in December 2007. Housing prices fell
and foreclosures of homes rose sharply, particularly in overbuilt areas of the country. New housing construction, while still ongoing,
dropped significantly. The recession is expected to impact other types of construction as well. Retailers are refraining from building new
stores and State and local governments are reducing spending. However, as energy costs have risen, some companies are finding it necessary
to build or renovate buildings that are not energy efficient. "Green construction" is an area that is increasingly popular and involves
making buildings as environmentally friendly and energy efficient as possible by using more recyclable and earth-friendly products.
As disputes, investigative and valuation requirements, and reorganization needs arise, our clients reach out to BBP. They understand that
our professionals' experience and expertise with issues in multiple aspects of the construction industry enable us to objectively
evaluate their needs. We perform detail oriented, objective analyses which we share with our clients in a manner that is understandable
and helpful in resolving business disputes, alleviating financial distress, ascertaining value or facing other issues challenging the
success of their business.
The construction industry has been strongly affected by the credit crisis and recession that began in December 2007. Housing prices fell
and foreclosures of homes rose sharply, particularly in overbuilt areas of the country. New housing construction, while still ongoing,
dropped significantly. The recession is expected to impact other types of construction as well. Retailers are refraining from building new
stores and State and local governments are reducing spending. However, as energy costs have risen, some companies are finding it necessary
to build or renovate buildings that are not energy efficient. "Green construction" is an area that is increasingly popular and involves
making buildings as environmentally friendly and energy efficient as possible by using more recyclable and earth-friendly products.
As disputes, investigative and valuation requirements, and reorganization needs arise, our clients reach out to BBP. They understand that
our professionals' experience and expertise with issues in multiple aspects of the construction industry enable us to objectively
evaluate their needs. We perform detail oriented, objective analyses which we share with our clients in a manner that is understandable
and helpful in resolving business disputes, alleviating financial distress, ascertaining value or facing other issues challenging the
success of their business.