New Dragados/OHL team is set to resume full-scale construction on 16-mile light-rail system in D.C. suburbs now about four years behind schedule due to numerous disputes and previous contractor Fluor's departure.
Steep inflation has exacerbated what was already a volatile market for construction materials, complicating specialty contractors’ efforts to navigate the post-pandemic environment.
In an increasingly complex global construction market, Top 250 firm executives say owners are placing a greater emphasis on meeting basic project goals—delivered on time, under budget and at promised value.
Giant specialty contractor acquired William E. Groves Construction in 2021, and two departing senior managers of former family-owned firm aim to nullify earlier non-compete agreements.
In "no contest" plea deal related to numerous state violations on key Mariner East 2 and Revolution gas liquids projects, Texas developer will pay $10 million for local water improvement projects.
The long-time industry leader and higher education supporter who also authored textbooks and stepped up to impact his community died in Arlington, Va. on July 16.
The purchase, set for close in Q4, would add 5,000 employees to Montreal-based design firm's workforce and $875 million in revenue, mostly to its earth and environmental practice.