The future of wearable technology for the construction industry conjures up images of workers covered in clunky machinery—hydraulically powered exosuits multiplying the wearers’ strength, while gleaming visors with information-dense heads-up displays block their vision.
If you had to explore the myths about subcontractor default insurance, Douglas Schrift, AON’s managing director and practice leader for contractor default insurance, is a good person to put together—and dispel—a list of false notions.
In a competition that involved at least a dozen global contenders, Milan-based Salini Impregilo has emerged as the apparent winner in its bid to acquire Lane Industries Inc., a major U.S. transportation contractor, as the Italian firm seeks to boost its position in a U.S. market set to grow with soon-to-be-enacted highway funding legislation and more equity financing.
Large power transmission lines are in the works to relieve congestion in southeastern New York, but, to cut costs, state officials may scrap one of the projects—a previously accepted, $1.2-billion proposal—and seek new submissions from losing bidders.
Days after two Wisconsin oil and ethanol train derailments in early November, a national environmental watchdog group released a scathing critique of the decaying state of freight rail infrastructure—especially bridges—and the dangers they pose to wildlife habitats and waterways as heavier volumes of hazardous materials put pressure on aging track.
Denmark-based wind-power pioneer DONG Energy—the world’s largest offshore developer—has opened a Boston office, planning to build what could be North America’s largest offshore wind farm, located 15 miles south of Martha’s Vineyard.
A recent U.S. Nuclear Regulatory Commission report noted that safety-related structural welds at the Savannah River site’s Mixed-Oxide Fuel Fabrication Facility, or MOX, failed to meet industry specifications, according to The Augusta Chronicle.
Two Florida state representatives have filed legislation aimed at ending the state’s practice of authorizing advanced cost recovery related to nuclear and integrated gasification combined-cycle powerplants.
Two new software products for rapidly converting collections of photos into 3D models and rapidly creating realistic environments for those models—one called ContextCapture, the other called LumenRT—demonstrate technical sophistication, data management techniques, rendering speed and ease of use that has reviewers taking notice but asking for more validation, too.
When, as expected, President Obama signs into law the National Defense Authorization Act, a new military spending bill, he probably won’t know about Section 874, which upgrades the minimum standards for surety-bond assets.