California agencies with tens of billions of dollars of construction joined more than 40 other groups in a movement to drive contracting opportunities for historically underutilized businesses.
RFQ will be out in January for contractor to build estimated $800M project in British Columbia, with construction to start in mid-year and finish by 2028.
Looking into the coming year, experts are cautiously optimistic of a stronger construction market, particularly in certain sectors such as manufacturing and health care.
The Biden administration’s Federal Sustainability Plan, announced in April, will require all agencies to transition to light-duty electric vehicles by 2027 and heavy-duty zero-emission vehicles by 2035.
Transaction, set to close by third quarter next year, would create new public company with more than 53,000 employees, of which Jacobs shareholders would have a 63% ownership stake.
Firm execs cited “extensive lead times across critical components”
in late 2027 start of Zachry-built scaled-up project in Texas Permian energy region, In mid-November earnings call.