Jacobs Engineering Group Inc. failed to convince a Minnesota state judge to throw out the claims against the company related to the collapse of the Interstate-35W bridge in Minneapolis two years ago. The company had argued that it didn’t owe Minnesota any of the $37 million the state paid out to victims because the design work performed on the bridge was done more than 40 years earlier. A state court judge in Hennepin County on Aug. 28 ruled that the state’s lawsuit against Jacobs, one of several engineers and contractors targeted, could continue. As the bridge’s principal designer, Jacobs is
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.