Finance - Articles - Page 124 | Engineering News-Record

2016 Construction Starts Down 10% Through First Quarter

May 18, 2016

Through the first quarter of this year, the dollar value of total construction starts was down 10% from the same period of last year, according to Dodge Data & Analytics’ latest report.

Flood Insurance

A Step Toward Disaster-Recovery Sanity

Congress can open the door to private flood insurance

May 11, 2016

No Comments

The U.S. House of Representatives edged U.S. flood insurance policy—and with it, risk financing needed to rebuild after losses from flooding—closer to rationality with a unanimous vote April 28.

Construction Risk Management

Surety Bond Claims on Abengoa Could Hit $200 Million

A court ruling leaves less room for Liberty Mutual, Zurich and others to recoup surety bond claims

Richard Korman

May 6, 2016

No Comments

Most of the potential loss involves an electrical power plant in Oregon.

Construction Risk Management

Orascom Records Loss Tied to Iowa Project Cost Overruns

The contractor and a major subcontractor are contesting contract cost overruns in court

Richard Korman

May 6, 2016

No Comments

The contractor and a major subcontractor are waging a construction contract dispute in federal court

Workforce Education

We Should Put Our Money Where the Jobs Are

Michael Kenig

May 4, 2016

One Comment

We need to update our approach toward career and technical education (CTE).

Construction Economics

Construction March Spending Up Vs. Feb., Year-Earlier Levels

Tom Ichniowski

May 2, 2016

No Comments

Commerce Dept. report says value of construction finished in March increased just 0.3% from February but rose 8% year over year.

Oracle Is Buying Textura for $663 Million

Textura was founded in 2004 by three former PwC partners who sought to automate construction payments

Tudor Van Hampton

April 28, 2016

No Comments

Construction payment tech provider Textura Corp. has inked a sale to Oracle for $26 per share of stock, valued at roughly $663 million.

Construction Law

Supreme Court's Power Plant Decision: The Positive Side

Observers say the Maryland ruling will not significantly impact state efforts to push energy projects

Mary B. Powers

April 21, 2016

No Comments

Observers say the ruling will not significantly impact state efforts to push energy projects.

Disaster Recovery

What Rebuilding of Earthquake-Stricken City Shows

The lesson is about financing disaster recovery, not seismic safety.

April 13, 2016

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Rebuilding after the Feb. 2011 magnitude-6.3 earthquake in Christchurch, a city of 382,000 people, offers a cautionary tale for future disaster recovery.

State Audit, DOT Chief See Gaps in S. Carolina Tranportation Priorities

Jim Parsons

April 13, 2016

No Comments

South Carolina has the nation’s fourth-largest state-owned transportation network, but a labyrinthine project-upgrade priority system has hampered the state Dept. of Transportation’s ability to keep roads and bridges from worsening over the past decade, state auditors and Transportation Secretary Christy Hall testified on April 7.