Snc-lavalin - Articles - Page 2 | Engineering News-Record

After a Decade of Work, Fusion Reactor Assembly Begins

The 'Hardest Part Lies Ahead' for Fusion Reactor in France

Peter Reina

July 28, 2020

One Comment

Construction of the fusion reactor's buildings ended in March. Components began arriving a month later.

Winning Team Low Technical Score on $1B Ottawa Rail Is Under Fire

Scott Van Voorhis

March 18, 2020

One Comment

Work is proceeding with no city plans to rebid project.

SNC-Lavalin Shuffles C-Suite and Board in Corporate Reboot

Debra K. Rubin

Scott Van Voorhis

February 12, 2020

No Comments

Bechtel veteran Keith Sibley now is running contractor's revamped NYC ops; city transit veteran takes senior role at HNTB.

UK Prime Minister Clears HS2 Project To Start Construction

Despite cost overruns, high-speed London-to-Birmingham rail project gains approval

Peter Reina

February 11, 2020

No Comments

Total projected high-speed line budget now is at $114 billion, $33 billion above previous estimate.

SNC-Lavalin Settles Canada Bribe Charge on Past Libya Work With Fine, Probation

Debra K. Rubin

December 18, 2019

No Comments

Long-awaited plea deal lifts "overhang" contributing to design-builder's 2019 red ink; firm pays $213M but other charges dropped.

Fixing Construction's Fixed-Price Conundrum

November 20, 2019

As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.

After Bottom-Line Hits, More Firms Exit Fixed-Price Work

Debra K. Rubin

Mary B. Powers

August 7, 2019

No Comments

Executives move to contain project losses, owners face cost-rise; job completion may become biggest risk, says infrastructure financier.

UPDATE SNC-Lavalin Fixed-Price Exit Could Boost Rival

Debra K. Rubin

July 29, 2019

One Comment

With Q2 loss now $1.6B as of Aug. 1, Canada firm pulls out of four large shortlisted bids; CEO splits design, construction to new units, terms industry model "broken."