COVID-19 Takes Added Toll on UK Market, But More European Projects Reopen Peter Reina Debra K. Rubin May 7, 2020 No Comments UK purchasing index reports 23-year record declines in April while survey shows industry value way off; but two big Paris rail jobs resume.Read More
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.Read More
Survey: Workloads Decline Amid Virus Outbreak Alisa Zevin May 6, 2020 No Comments Overall expectations have been downgraded for the next 12 months. Read More
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.Read More
Cladding Contractor Permasteelisa Is Set for Sale to U.S. Private Equity Firm Debra K. Rubin May 4, 2020 No Comments Japanese owner is shedding 6,000-person unit as non core, after Italian firm's sale to a Chinese company was halted by the U.S. government in 2018.Read More
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.Read More
Lawsuits Fly Amid State, Federal Changes in California Water Delivery and Use Mary B. Powers May 3, 2020 No Comments Environmentalists, water districts sue separately over gaps, changes in huge state water network, with added U.S. government complications.Read More
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.Read More
Coronavirus and Construction Construction in Washington State Won't Fully Restart Until June Tim Newcomb May 1, 2020 No Comments Some low-risk work on existing projects can continue, but start of new projects is pushed back, say state officials.Read More
Amtrak Will Redevelop Baltimore Penn Station Despite COVID-19 Impacts Stephanie Loder May 1, 2020 No Comments The $90-million project will continue despite large drops seen in 2020 for U.S. rail line's ridership, revenue and earnings due to the pandemic. Read More