Consortium that includes Fluor, Lane Construction and Traylor Bros. says it could not obtain time and cost relief from the state on much-watched P3 project.
With COVID-19 likely to influence the business environment for the foreseeable future, contractors can look to lessons from the great recession for guidance
With COVID-19 economic slowdowns, and the resulting drop in demand for oil, gas and electricity, the outlook for traditional energy sector growth and capital investment is dim, if not outright grim.