News - Articles - Page 700 | Engineering News-Record

$5 Billion for Road, Bridge Resilience Provided in Senate Highway Bill

An Additional $5 Billion Set Aside For Climate Change Measures

July 30, 2019

For the first time ever, climate change and resilience have been included in a federal highway bill, which passed unanimously out of committee.

Highway Infrastructure

Senate Committee Unanimously Approves $287B, Five-Year Highway Bill

Updated 7/30/19 Committee approves measure on unanimous vote

Tom Ichniowski

July 30, 2019

One Comment

UPDATED 7/30 with committee approval. Measure is silent on how to pay for the increased spending.

Mega-P3 Airport Projects Poised To Take Off

Aileen Cho

July 30, 2019

No Comments

Summit discussed ambitious plans in San Diego and New York

UPDATE SNC-Lavalin Fixed-Price Exit Could Boost Rival

Debra K. Rubin

July 29, 2019

One Comment

With Q2 loss now $1.6B as of Aug. 1, Canada firm pulls out of four large shortlisted bids; CEO splits design, construction to new units, terms industry model "broken."

The Nation's Infrastructure

Budget Deal Has No Specifics on Infrastructure Spending

Unlike last two-year pact, new agreement lacks overall infrastructure increase target

Tom Ichniowski

July 27, 2019

No Comments

Industry officials hope to at least preserve big infrastructure gains won in 2018-2019.

Caterpillar Sees Drag From Slow Energy Sector in Q2

Strong construction equipment sales offset by other factors

Jeff Rubenstone

July 26, 2019

No Comments

Caterpillar reported strong sales in Q2 for construction equipment but sees tariffs and a slow energy market as ongoing tailwinds.

FERC To Open Office in Houston to Advance LNG Facility Permitting

Pam Radtke Russell

July 24, 2019

No Comments

Companies building new LNG terminals along the Gulf Coast will be getting more service and closer supervision after the Federal Energy Regulatory Commission opens a new office in Houston.

Federal Contracts

SBA Hikes Size Thresholds for Firms to Qualify as Small Businesses

Tom Ichniowski

July 24, 2019

No Comments

New minimum is up 8% for most construction categories, 10% for engineering services.

Construction Finance

Italian Banks Back Salini Impregilo Buy of Astaldi With $1.67B Loan Commitment

Jim Parsons

July 24, 2019

No Comments

Milan-based contracting giant moves step closer to consolidating country's troubled public works and construction sector.

Orlando Gives Initial OK for $1B Vertical Medical City Tower

July 24, 2019

No Comments

Orlando, Fla., approved Ponte Health’s site plan and initial designs for its $1-billion Vertical Medical City project in downtown Orlando, the Orlando Sentinel reported.