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Less than half of the company's work involved federal programs.

The technology giant says it is reorganizing its construction and design software divisions under one umbrella, while also announcing a 9% cut to its global workforce.

Rate cuts have slowed in the first quarter of 2025, and experts predict rising materials costs ahead.

The Chicago-based materials supplier cites a growing demand in the sector for low-embodied carbon building materials.

In his ruling, a judge sided with the construction manager and four sub-contractors on all but two claims following the completion of a 23-story tower.

A long list of stadium improvements, funded by tourist tax funds, are set to be completed in late summer 2027. 

The cash deal, which is subject to approval by David Evans’ shareholders, is expected to close in the second quarter.

Veterans' agency, which builds health care and other facilities, cited a Jan. 21 court ruling against the Biden-era agreement in a directive to remove it from construction contracts. 

The General Services Administration has made an exception to Biden-era rules that require project labor agreements on all large projects, exempting land port of entry projects from the rule, stating that doing so would be "impracticable."

Firm is bullish on cash flow strength and prospects for large scale data center, energy transition and federal projects