GM Construction Intel

This is a best prospect industry sector for this country. Includes a market overview and trade dat.

Foundation failures rarely originate at the slab; they originate in soil bearing capacity, drainage, or expansive-clay behavior that was either uninvestigated or not honored in the design. A geotechnical report that is older than the building's design or that did not sample at the actual building footprint is a red flag.

"Substantial completion" is achieved when the owner can occupy the project for its intended use — not when a punch list is finished or a percentage is hit. The status starts warranty clocks, transfers risk of loss, and triggers retention release in most contracts. Disputes over whether SC has been achieved are common at month-end.

"Pay-when-paid" sets a timing condition only — the GC must still pay even if the owner never does. "Pay-if-paid" creates a true condition precedent — no owner payment, no GC payment to subs. Many states will not enforce pay-if-paid clauses without unmistakably clear language; ambiguity defaults to pay-when-paid.