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Hurricane Harvey

Risk Management

Will Contractors Limit Weather Risk With Indexed Insurance?

Richard Korman.jpeg

Scott Van Voorhis

January 29, 2020

A new way to weatherproof a contractor’s jobsite risks.

New York Gov. Andrew Cuomo (D)

NY Boosts Infrastructure Spend to $275B in New Budget Plan, Says Governor

Eydie Cubarrubia

Eydie Cubarrubia

January 29, 2020

Cuomo sets ambitious transport, climate change agenda amid agency upheavals

Virginia Gov. Seeks Gas Tax Hike To Raise $1B for Transportation

Jim_Parsons

January 29, 2020

Four-cent increase, set to fund statewide rail expansion, would take effect in July if legislators approve.

elizabeth line trains in production.jpg

New Report Pegs UK High Speed Rail Megaproject Cost at $115 Billion

London's Elizabeth Line also misses key deadline

Peter Reina

January 26, 2020

Jan. 24 audit cites failed assessments of HS2 complexity and risk, but construction CEOs and other chiefs tell Boris to build whole line.

PM Firm Hill Intl., Former Exec Settle SEC Charges on Fraudulent Filings

Debra K. Rubin

Tom Stabile

January 25, 2020

Firm will pay $500K over serial accounting errors and "coverup" of losses in Securities and Exchange Commission pact; one charged former exec denies allegations.

structural steel

Construction Materials

Commerce Dept. Places Duties on Fabricated Steel from Mexico, China

Canadian steel imports hit with anti-dumping charges, but not countervailing duties

Jeff Yoders

January 24, 2020

Under preliminary finding, imports from China hit with stiffest penalties.

Canada High Court OK of Contract 'Reprisal Clauses' Upsets Industry

Scott Van Voorhis

January 21, 2020

Groups say public sector "blacklisting" of bidders involved in project pay disputes hurts small firms.

Levelset's payment speed ratings

Risk Management

New Platform Calculates Contractor, Owner Pay Practice Ratings

Levelset profiles designate firms as fast, medium and slow payers

Jonathan Barnes

Jonathan Barnes

Richard Korman.jpeg

January 19, 2020

Levelset online tool is designed to do what Glassdoor does for employers or Yelp for restaurants.

Construction Workforce

PBGC OKs Construction Union Locals' Pension Fund Merger

Tom Ichniowski

January 15, 2020

Merger of New York State LIUNA locals' pension funds is first under 2014 multiemployer pension law.

Early Analyst Reports See 2020 Ups and Downs

Debra K. Rubin

January 8, 2020

Markets show some softening but firms may do better on risk management, cash flow.

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