On Aug. 26, the U.S. State Dept. issued the final environmental impact statement on TransCanada’s 1,700-mile Keystone XL pipeline, setting the final stage for the hotly contested battle over the line that would move Canadian tar-sands oil from Alberta to the Gulf of Mexico for refining.The final EIS repeats the findings of previous environmental assessments—the construction and operation of the $7-billion pipeline would have “limited adverse environmental impacts.” During the 90-day comment period on the final EIS, the department will hold 13 public meetings. The administration had promised to decide by the end of the year on whether to issue
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.