Finance - Articles - Page 61 | Engineering News-Record

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Transportation Conference

Hope, and Trepidation, for DC Event Attendees on Infrastructure Fund Flow

Equity, technology, and efficiency was also on the agenda at TRB meeting

Aileen Cho

Jim Parsons

January 17, 2022

No Comments

Transportation Research Board attendance was down as US COVID-19 cases rose, but participants spoke volumes about efforts underway and risks ahead to wisely spend billions coming to the sector.

Highway Infrastructure

US DOT Releases 2022 Share of New IIJA $26.5B Bridge Program

Tom Ichniowski

January 14, 2022

No Comments

California gets largest funding share, New York ranks second.

Transit Construction

Stalled Maryland Light-Rail P3 Won't Open Until 2026, With Cost Up $1.4B

Jim Parsons

January 13, 2022

No Comments

Purple Line's new JV contractor Dragados-OHL will start in spring as state approves its contract on Jan. 26. Construction tab now is $3.4B, with opening four years past original estimate, say officials.

Construction Economics

Survey: Growth of Construction Activity Slows in the UK

Peter Reina

January 10, 2022

No Comments

Despite improving supply chains and high demand, delays are expected to continue.

Steady Growth Seen for Global Construction After COVID Rebound

Peter Reina

January 5, 2022

No Comments

The worldwide sector is set to rise 2.3% a year in real terms, reaching $16.6 trillion by 2030, with four of the 10 fastest growing markets in Asia, says a London-based economic forecaster.

Port Infrastructure

US DOT Selects Winners for $241M in Grants for Port Upgrades

Tom Ichniowski

January 4, 2022

No Comments

Winning projects are in coastal, Great Lakes and inland river locations.

Clean Energy Technology

Utility Pushes U.K.'s First Big Pumped Storage Hydro Project in 30 Years

Peter Reina

December 29, 2021

No Comments

Bechtel, Webuild, Strabag and Dragados are among bidders for the $1.3B, 1.5-GW Coire Glas project in Scotland, but project revenue uncertainties remain.

Highway Infrastructure

FHWA to Provide $1.4B for Emergency Road Repairs

Tom Ichniowski

December 21, 2021

No Comments

Funds go to reimburse 42 states for storms, wildfires and other disasters.

Companies

MasTec Expands Power Work In $600M Deal to Buy Henkels & McCoy

CEO Jose R. Mas calls the deal the largest in the specialty contractor's history

Emell D. Adolphus

December 20, 2021

No Comments

The deal further diversifies the specialty construction giant's portfolio away from oil and gas related work.

The Infrastructure Act Rollout

EPA Allocates $1B in New Federal Funds for Superfund Projects

Update: EPA finalizing plans to start construction "as soon as possible"

Tom Ichniowski

December 17, 2021

One Comment

Administrator Michael Regan said some cleanups have awaited federal dollars for give more than five years; new infrastructure bill funding will start work at 49 sites in 24 states.