Finance - Articles - Page 85 | Engineering News-Record

Treasury, SBA Add More Paycheck Protection Guidance

May 20, 2020

For engineering and construction groups, new federal guidance for forgivable loans less than $2 million under the Paycheck Protection Program was welcome news.

Coronavirus and Construction

Update: New Directive Eases Path for Smaller Paycheck Protection Loans

Treasury-SBA Guideline Applies to PPP Loans Under $2 Million

Tom Ichniowski

May 13, 2020

No Comments

But industry groups say more guidance is needed for forgiveness and loans of $2 million or more.

Coronavirus and Construction

With Less Driving, Where Will Funds For Road Construction Come From?

May 13, 2020

Decrease in driver-fueled revenue poses uncertainty for future projects as agencies await word on federal aid.

State Attorneys Want FERC to Halt Fossil-Fuel Project OKs

Mary B. Powers

Debra K. Rubin

May 8, 2020

No Comments

10 AGs, mostly Democrats, seek moritorium as major study warns of unprecedented global energy demand drop due to recession, COVID-19

Coronavirus and Construction

AECOM Says Owners Are Paying For Most Pandemic-Idled Project CM Costs

The company continued to pile up restructuring-related losses in fiscal 2020 first half

Richard Korman

May 6, 2020

No Comments

The engineering and construction services giant is working its way out of fixed-price contracts.

Survey: Workloads Decline Amid Virus Outbreak

Alisa Zevin

May 6, 2020

No Comments

Overall expectations have been downgraded for the next 12 months.

Coronavirus and Construction

Treasury Extends PPP Repayment Deadline, but Eligibility Confusion Persists

Tom Ichniowski

May 5, 2020

No Comments

AGC says unless Treasury clarifies new guidance, some construction firms will repay loans, lay off workers.

Construction Risk Management

Skanska and Seattle Condo Developer Seek To Resolve Costly Tangle Of Disputes

Richard Korman

May 4, 2020

No Comments

Why the big contractor hit a nearly sold out high-rise apartment building's developer with a $34-million lien.

Design-Build Team Decides to Leave Maryland Purple Line Rail Project

Jim Parsons

May 2, 2020

No Comments

Consortium that includes Fluor, Lane Construction and Traylor Bros. says it could not obtain time and cost relief from the state on much-watched P3 project.