Companies - Articles - Page 120 | Engineering News-Record

Nerves of Steel Needed as Firms Face Volatile Prices, Broken Contracts and Price-Gouging

Inflation and supply-chain issues create numerous conflicts and complications

October 7, 2021

Owners and contractors engage in guessing game over delivery dates and future prices.

White House Reverses Trump Administration NEPA Cutbacks

Mary B. Powers

Debra K. Rubin

October 7, 2021

No Comments

industry groups fear risk of new project delays with Biden-promised rules to restore indirect and cumulative environmental impact review, with comment on new changes due in late November

Canada Cites US Treaty in Battle Over Line 5 Pipeline Shutdown

Mary B. Powers

October 6, 2021

No Comments

Push to end Michigan shutdown of the cross-border oil-gas line comes as owner aims to bid new contract by mid-October to build an estimated $500M replacement tunnel.

2021 3Q Cost Report: Construction Executives Stay Confident

Strong headwinds persist, but most continue to see a growing market

Jonathan Keller

September 30, 2021

No Comments

Worries over price inflation and persistent labor shortages have cooled optimism among construction execs, but overall confidence in the market remains strong.

2021 3Q Cost Report: Economic Recovery Slows Amid Delta Variant Concerns

Materials prices have dropped but remain historically high as labor woes continue

Alisa Zevin

September 30, 2021

No Comments

Following a period of strong recovery, construction activity has begun to cool, largely due to emerging COVID-19 variants, high materials prices, a worker shortage and other challenges.

Clean Energy Construction

NJ Utility PSEG Adds Hundreds of Millions in New Infrastructure Spend

Mary B. Powers

September 30, 2021

No Comments

Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.

Swinerton Exec Named to Lead Its PE-Acquired Renewables Spinoff

Debra K. Rubin

September 29, 2021

No Comments

George Hershman, to be CEO of new construction business, also is a board member of solar sector trade group opposing possible U.S. tariffs on Chinese firm-made components imported from three Asian countries.

Study Shows Popularity of Design-Build Contracts Grows

Richard Korman

September 29, 2021

No Comments

Analysis by Design-Build Institute of America and consultant FMI says the construction approach will account for $400 billion of U.S. work by 2025.

Contractors Must Pay For Using Foreign Steel Components, Court Rules

Jonathan Barnes

September 27, 2021

No Comments

Pennsylvania Supreme Court said lower court miscalculated $244K penalty for use of Chinese steel in sewage plant blowers; one firm attorney disputes rules under 2013 state law as "previously unknown."

Clean Energy Construction

Offshore Wind Projects Move Forward in Northeast, California

Mary B. Powers

September 26, 2021

No Comments

Massachusetts gains new proposals in third bid round for 1,600 MW of added capacity, while state's first project closes on $2.3B of construction finance and feds expand development off New York.