ENR 2020 Top 600 Specialty Contractors Shift Into Crisis Mode Gary J. Tulacz Jonathan Keller October 15, 2020 No Comments Specialty firms face similar COVID-19 market impacts as GCs and design firms but also key issues in protecting more field workersRead More
Design Firm CEOs Push To Rebalance COVID Instability Debra K. Rubin October 14, 2020 No Comments Impacts downshifted past rosy projections as firms navigate unknowns of client health, altered workloads, virtual productivity and selling technology, say execs and new data.Read More
Roofer Charged With PPP Fraud Says Boat Buy With Loan Is Legal Richard Korman Scott Van Voorhis October 14, 2020 No Comments But experts contend that terms of the Paycheck Protection Program are clear about the intended purpose of the fundsRead More
Pandemic Ethics What Fraud Charges Reveal About Rescue Loans and a Fast-Growing Florida Roofer Richard Korman Scott Van Voorhis October 8, 2020 No Comments How did the owner of Target Roofing & Sheet Metal allegedly use Paycheck Protection Program funds to buy a pleasure boat?Read More
Former Turner, Bloomberg Managers Plead Guilty in $15M Bribery Scheme Eva Fedderly October 7, 2020 No Comments The pleas, announced by Manhattan DA’s office Oct. 6, are the latest outcome of a larger kickback scheme probe in interiors constructionRead More
COVID and Construction Netherlands BAM to Cut Costs Through Staff Cuts Peter Reina October 2, 2020 No Comments Pandemic impacts have led country's largest contractor to cut $117 million, mainly by cutting staff of about 19,500, largely in Europe.Read More
French Building Giant Vinci Offers $6B for Energy-Industrial Unit of Spain's ACS Peter Reina October 2, 2020 No Comments Spanish firm agreed to negotiate the non-binding offer for the unit, which focuses on P3 project development, construction and operation.Read More
Executive News Granite, STV Leaders Shift; Buyouts Change Titles for American Bridge, LTK CEOs Debra K. Rubin October 2, 2020 No Comments Granite elevates COO amid ongoing financial review; STV chief Milo Riverso departs; US contractor buys American Bridge from long-time Taiwan ownerRead More
3Q Cost Report: Global Pandemic Recovery Is Underway But Remains Uneven Rachel Personius, Currie & Brown September 30, 2020 No Comments Developed and developing countries are seeing recovery happen at different ratesRead More
3Q Cost Report: Execs Believe the Downturn Will Continue Until 2021 Gary J. Tulacz September 30, 2020 No Comments Most markets are in decline, but many industry leaders hope that the worst will soon passRead More