Billd’s National Subcontractor Market Report survey showed that materials and labor cost subcontractors $97 billion more than expected last year, according to Zachary Phillips of Construction Dive. Billd is a construction financial support company based in Austin, Texas.
Felice Farber has been appointed as Executive Director of the Subcontractors Trade Association, breaking barriers as the first woman to hold this leadership role in the Association’s 66-year-old history. Farber will replace retiring Henry “Hank” Kita, who has served as STA’s Executive Director for nearly a decade.