Identifying and addressing the risks of information sharing in the construction supply chain is of great significance for the value-added and development of the construction supply chain. Using the TOE (Technology Organization Environment) theory, 16 indicators were selected from three aspects: technology, environment, and internal aspects of the construction supply chain to construct a list of risk factors for information sharing in the construction supply chain. The interrelationships between various risk factors were analyzed using the FISM-MICMAC model. Finally, suggestions are proposed to reduce or avoid information sharing risks and improve information sharing efficiency from three aspects which are technology, environment, and internal construction supply chain.