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.
Worries over price inflation and persistent labor shortages have cooled optimism among construction execs, but overall confidence in the market remains strong.
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.
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.
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.
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."
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.
Three teams are shortlisted to submit proposals to design, build, operate and maintain major existing non-tolled interstate bridges under 20- to 30-year concession agreements.