By Bruce Jervis
When public project owners solicit bids for construction contracts, they establish a deadline for submittal. But owners do not commit to awarding a contract immediately after bid opening. They often allow themselves 60, 90 or even 120 days to evaluate bids or proposals. Bidders assume prompt contract award at their peril. Read more.
While the FAA has eased up on restrictions with its proposed new rules, “333” exemptions issued under the current regulations still require the operator to have a pilot’s license. This does not seem to be holding up companies from wanting to deploy drones; more than 2,500 requests have been filed. Driven by anticipation of the FAA new rules expected to be issued later this year or in 2016, investment in companies providing drone hardware and services to contractors is also growing. Read more.