Mexico's State Utility Bids $9.8B In Energy Infrastructure Work
Mexico's state utility Comision Federal de Electricidad on June 22 announced it would seek bids for 24 natural-gas and power infrastructure projects, valued at about $9.83 billion. They include nine for power distribution and eight to transport natural gas. The projected 2,385 kilometers of gas pipeline include the 800-km, $3.1-billion South Texas-Tuxpan undersea line across the Gulf of Mexico seabed and the 250-km, $1.5-billion Nueces-Brownsville line across Texas.
Canada Bridge Contract Award To SNC-Lavalin, ACS Finalized
The Canadian government has finalized a $3.43-billion design, build, finance, operate and maintain contract with a team led by Montreal-based SNC-Lavalin and Spain's ACS for the 2.1-mile Champlain Bridge across the St. Lawrence River in Montreal. Work is underway on the three-year project to replace one of Canada's busiest crossings. The new bridge will include two vehicle traffic corridors, each three lanes, and a two-lane transit corridor with light-rail capabilities. The team will operate and maintain the bridge for 30 years.
Power, Gas Projects Push Up May's Building Starts by 3%
New construction in May rose 3%, to an annual seasonally adjusted rate of $729.7 billion, linked to a burst of power and natural-gas projects that broke ground last month, Dodge Data & Analytics said on June 19. The firm, which owns ENR, said non-building work propelled May's overall month-to-month pickup, jumping 59% to a $262.7-billion annual rate.