Risk Management SEC Starts Investigation of Fluor's Fixed-Price Work Richard Korman Debra K. Rubin February 19, 2020 No Comments Executive Chairman Alan Boeckmann told investors Feb. 18 the firm is reviewing project charges and also will not sell its government unit.Read More
Workforce Management EMCOR CEO Cites Keys To Labor Success As 2019 Results Are Tallied Another year of solid profits based partly on choosing and keeping craft workers happy Richard Korman February 17, 2020 No Comments The specialty contractor and services giant soon will release revenue and earnings totals for the past year.Read More
Canada's Trans Mountain Pipeline Wins in Court, But Costs Shoot Up Scott Van Voorhis February 11, 2020 No Comments Government-owned oil carrier beats First Nations' lawsuit but design changes and delays double project price to at least $9.5B.Read More
Nation's Infrastructure Trump Floats $1-Trillion Infrastructure Plan, But FY21 Budget Has Some Cuts Tom Ichniowski February 10, 2020 One Comment Plan's centerpiece is $810-billion highway-transit reauthorization, not fully funded.Read More
Company Focus AECOM First-Quarter Results Leave Investors Hopeful The company is quiet on construction asset sale, CEO change and possible WSP merger deal Debra K. Rubin February 4, 2020 No Comments Design giant sees revenue drop, noting "large" claim on storm cleanup work, but cites positive earnings; CEO is quiet on reported WSP merger talks and his successor.Read More
Construction Finance Software Maker Built Technologies Buys lienwaivers.io Jeff Rubenstone February 3, 2020 No Comments Two firms say the acquisition move reflects a natural overlap in their businesses.Read More
North Carolina DOT Unlocks Lots of Budget-Stalled Project Awards Jim Parsons February 3, 2020 No Comments Design and construction set to resume on hundreds of jobs halted by storm emergency and other shortfalls.Read More
States Push to Limit Fossil-Fuel Plant Shutdowns Mary B. Powers February 1, 2020 One Comment Indiana bill, which would reward utilities that keep coal-fired plants open, is tied to Trump push for fossil-fuel power, says analyst.Read More
Project Finance Gas Tax? Tolls? Michigan Gov. Says Enough, ‘I’m Issuing Bonds’ For Road Projects State Senate pushes back by passing bill that asks to hire a toll road study consultant Richard Korman January 30, 2020 No Comments Gretchen Whitmer tries to put an end to the finance debate in her state, as the Michigan state senate pushes for a toll road study.Read More
American Infrastructure House Democrats Propose $760B, Five-Year Infrastructure Plan Tom Ichniowski January 29, 2020 No Comments But Speaker Pelosi, other key legislators decline to say how plan will be paid for or when it might move in the House.Read More