Sweden and Norway honor scientists, economists, writers and peace activists each year with the Nobel Prize; now the United Kingdom wants to recognize engineers at the top of their field. On Nov. 17 in London, British Prime Minister David Cameron launched a $1.6-million biennial prize for engineering developments that significantly benefit humanity. To be called the Queen Elizabeth award, the prize will be open to teams of up to three people anywhere in the world.An international expert judging panel, to be named in February, will issue the first call for prize nominations. Nominations will close in July 2012 and the
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.