Major delays in a pair of multibillion-dollar bridge proposals have handed Canada’s Trudeau government a setback as it pushes to get marquee infrastructure projects moving to boost the economy.
Continued construction risk in public-private partnerships was a key topic for financing experts on a panel hosted by investment firm D.A. Davidson as part of its annual investor conference.
As the construction industry has moved toward more collaborative forms of project delivery, many owners have begun engaging outside professionals who are known as owners project managers (OPMs).
Pipeline-sector observers are watching whether a U.S. appellate court ruling, which last month canceled federal approval of a $3.2-billion Florida natural-gas line and two others for not adequately considering the projects’ contribution to greenhouse-gas emissions, could affect approvals of other planned projects.
South Carolina politicians investigating the failed V.C. Summer nuclear expansion would do well to focus on Westinghouse Electric Co.’s “unbuildable” design for its AP1000 nuclear reactors, people who worked on the project told ENR.