Insights

The One Big Beautiful Bill is now Public Law 119-21, passed on July 4, 2025. The law features several powerful new financial incentives, including the Special Depreciation Allowance for Qualified Production Property (Section 70307). This article is for decision-makers to better understand and leverage the law in planning, designing, and implementing a related CapEx project.

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett. Hansen-Rice, Inc. did things differently. We completed the two-stage auditing process and achieved ISO 9001:2015 in eight months, far ahead of the expected schedule. How did we do it? This article discusses quality management systems and certification. It shows that, beyond a certificate, how you implement a quality management system matters.

The delivery and contracting of an industrial facility project are complex processes involving many parties performing a wide array of services that support design, engineering, pre-construction, construction, and commissioning solutions. This article discusses construction contract types, the importance of a properly aligned contract, how to choose, and a comparison of the most common types used for high-performance industrial facility projects.

Project delivery methods can either support or raise barriers to capital project success. Selecting the proper project delivery method is vital for optimizing project development and execution strategies for high-performance industrial facilities.