Chicago transit projects could halt within days as a $2.1-B federal funding freeze forces contractors toward demobilization. Compliance with department of transportation policy guidance on MWBE programs triggered the dispute.
Even as Gateway tunnel construction resumes after a court-ordered release of federal funds, officials warn the $16B Northeast Corridor megaproject could face another shutdown within months if reimbursements again stall.
Contractor backlog edged up in February but remains below historical norms, with Midwest growth driving gains even as infrastructure work and profit-margin confidence soften.
Energy consultant settled financial reporting discrepancies with UK government auditor, with new contract awards up significantly last year, the firm said and a new CEO—Neil Bruce, who formerly led SNC Lavalin after its contracting corruprion scandals predating him.
With interconnection queues topping 2,000 GW of capacity, firms aim to expand engineering and advisory services upstream of transmission and generation construction
Private equity firm Littlejohn is backing grid consultant GDS as interconnection queues and power demand reshape when transmission, generation and substation projects reach construction.