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Home » Topics » News

News
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3QCR_ECONOMICS_web_900x550.jpg
2023 3Q Cost Report

High Interest Rates, Labor Woes Persist in Third Quarter

Supply chain issues have lessened as the year-end approaches
Alisa Zevin
Alisa Zevin
September 27, 2023
No Comments

As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.


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Military Projects

Navy Picks Eight Firms for $1B in IDIQ Contracts

James-Leggate.jpg
James Leggate
September 26, 2023
No Comments

Work is expected to take place primarily in Washington state through October 2025 at four naval stations under firm fixed price task order awards.


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Immigration and Labor

US Extends Venezuela Protected Status, Boosts Industry Workforce

Tom Ichniowski
Tom Ichniowski
September 26, 2023
No Comments

Praised by organized labor and called a modest labor step by contractor groups, Homeland Security Dept. chief Alejandro N. Mayorka approved 18 months more of protected status for Venezuelan workers in the U.S. 


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Dam Safety

Army Corps Begins Taking Applications for New Dam Loan Program

Mary K. Miller
Mary K Miller
September 25, 2023
No Comments

 New $7.5 billion loan program will partially fund non-federal dams in need of repairs.


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Railroads

US DOT Awards $1.4B in Grants to Rail Infrastructure Projects

Tom Ichniowski
Tom Ichniowski
September 25, 2023
No Comments

FRA receives $6B in grant applications, four times the funds available.


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Sustainability

New York State Issues Buy Clean Concrete Guidelines for State Projects

The program takes a gradual approach to lowering embodied carbon in the material
Nadine Post
Nadine M. Post
September 24, 2023
No Comments

Rules are designed to reduce the sizable carbon footprint of the ubiquitous construction material.


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Energy Construction

FERC: Infrastructure Fixes Seen in Preventing Power Grid Failures

Commissioners also approved natural gas projects, including a proposed $13B expansion of the Port Arthur, Texas LNG plant
Powersheadshot.jpg
Mary B. Powers
September 23, 2023
No Comments

Analysis noted near shutdown by utlity Con Ed in NYC, as federal energy regulator also okayed four natural gas projects but left a controversial climate change measure undecided.


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Construction Technology

Procore Launches Payment Service, Expands Offerings at Groundbreak

Tech provider formally launches its Pay service, announces acquisition of GIS platform
James-Leggate.jpg
James Leggate
September 22, 2023
No Comments

The construction tech firm announced a slate of new and planned offerings, including an AI-based assistant still under development.


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CTA Red Line Extension
Transportation

Funds Advance Chicago Transit Authority $3.6B Red Line Extension

CTA gets green light from Federal Transit Agency to move the 5.6-mile rail project into design
Jeff Yoders
Jeff Yoders
Annemarie-Mannion.jpg
Annemarie Mannion
September 21, 2023
No Comments

Rail project moves into the design phase with $1.97 billion in grant funding from the Federal Transit Administration


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Transportation Infrastructure

Buttigieg to House Committee: Infrastructure Act Funds Are Moving Along

Tom Ichniowski
Tom Ichniowski
September 21, 2023
No Comments

Cost increases were a major concern of the Committee, as well as some still-unresolved details of Buy America provisions.



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