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
Transportation Infrastructure Near Deadline, Trump Signs Spending Bill With 1-Year Highway-Transit Extension Tom Ichniowski September 30, 2020 No Comments Ten-week CR averts government shutdown, also adds $13.6 billion to ailing Highway Trust Fund.Read More
Fluor Reports $1.7-Billion Loss in Delayed Release of 2019 Corporate Results Debra K. Rubin September 26, 2020 No Comments Report follow months-long internal and outside reviews of project charges; execs say firm stays in energy sector with tougher bid controls Read More
Transportation Infrastructure Highway-Transit Extension is a Plus, but Won't Narrow Needs Gap Tom Ichniowski September 23, 2020 2 Comments New ASCE report says highway capital spending must rise 29% over 30 years to erase backlog.Read More
Transportation Infrastructure House Passes Stopgap Spending Bill, With 1-Year Highway-Transit Extension Tom Ichniowski September 22, 2020 No Comments Pelosi, White House strike deal clearing path to enactment that would keep funds flowing through Dec. 11.Read More
Maryland Presses On With Purple Line As P3 Team Files New $100M Lawsuit Jim Parsons September 16, 2020 No Comments State will start 'short term' construction plan in mid-October for disrupted $2B rail job, claiming new contractor interest to take over wotk; developer suit seeks delay payment.Read More
Transportation Infrastructure US DOT Awards $1B in Latest Round of BUILD Grants Tom Ichniowski September 16, 2020 No Comments Road and bridge projects were the big winners, accounting for 54 of the 70 projects selected.Read More
P3s Proceed to Build or Rebuild Germany's Autobahn Peter Reina September 14, 2020 No Comments Public-private partnerships win contracts as the central German government takes control of the roadway from regional authorities.Read More
Megaprojects Court Ruling Clears P3 Team to Leave Disputed $2B Md. Purple Line Rail Project Jim Parsons Debra K. Rubin September 11, 2020 One Comment Rail job contract allows end to public-private deal if delay exceeds 1 year, judge says, as industry owner-contractor risk debate amplifies.Read More
Highway Infrastructure States Receive $4.8B in 'Bonus' Federal FY20 Highway Funds Tom Ichniowski September 9, 2020 No Comments Each state, plus D.C., receives a share of FHWA's annual August funding redistribution.Read More