In June 2010, the Financial Accounting Standards Board issued its Exposure Draft, Revenue from Contracts with Customers. If this Exposure Draft is adopted, it could have a negative impact on contractors� financial statements and the percentage-of-completion method, as we know it, would largely disappear. At a minimum, it will make financial reporting more reliant on subjective decisions that will vary from contractor to contractor. In addition, financial performance will appear inconsistent, since revenue won�t be recorded until the project is transferred to the owner. As a result, financial institutions and bonding agents may misread financial information from construction companies under
In order to move radioactive material to and from three separate facilities at the Idaho National Laboratory, the U.S. Dept. of Energy plans to build 10 miles of new road that will allow it to transport the waste without having to access U.S. Route 20. U.S. 20 is the longest road in the United States and runs through the southern portion of the INL. DOE officials say the new road will lie within the nearly 900-sq-mile federal nuclear research center in the Arco Desert between Arco and Idaho Falls, Idaho. The $6.2-million project will be built with American Recovery &
Engineers JONES Jessica Jones of The RMH Group, Lakewood, Colo., was recently promoted to director of sustainable services. She will spearhead the company’s sustainable design and facilitate its commitment to providing low-energy-use mechanical and electrical engineering solutions. Her job will include maintaining the firm-wide focus on green design by keeping the company abreast of trends and technologies and coordinating in-house green training. Jonathan Jensen, associate mechanical engineer with Spectrum Engineers, Salt Lake City, has earned the Building Energy Modeling Professional certification from the American Society of Heating, Refrigerating and Air-Conditioning Engineers. Jensen provides mechanical engineering services for health-care, hospitality, education,
Chris Hipwell was recently hired as the new president for Associated Builders and Contractors Utah Chapter. Hipwell was chosen after a national search to fill the position concluded in September. Her involvement with ABC Utah began in 2003, when she served on several chapter committees. She advanced to the board of directors in 2005. In 2006 she was appointed to the executive board and served as chairman in 2008. div id="articleExtrasA" div id="articleExtrasB" div id="articleExtras" Her construction background includes 10 years of marketing/business development for a large Utah commercial contractor. R&O Construction estimator Todd Zampedri has joined the ranks of
When CooverClark & Associates designed the $34-million Wyoming Air National Guard’s new aviation support facility in Cheyenne, the Denver-based firm married functionality, technology and energy efficiency with a lodge feel that WANG hopes will enhance recruitment/retention and provide a comfortable home to support training and aircraft maintenance operations. Photo BY Mike Rogers The 98,000-sq-ft aviation maintenance facility provides space for the Navy reserve, active-duty Air Force and reserve Air Force and Army and includes a hangar, administration building and pumphouse. Photo By Mike Rogers Design for the building created a western lodge feel, with a rustic stone-and-timber interior that mimics
Straight-shooting engineer Renee Azerbegi wants to be as accurate as possible when describing the Denver consulting firm she co-founded with her husband. Since its start in 2004, Ambient Energy has been identified by a golden logo and the tagline, �solar and sustainable design solutions,� but Azerbegi is considering a tweak. �The Ambient name was his idea�my husband�s a solar guy and he was a consultant for us�but now he�s with the National Renewable Energy Laboratory, so we�re thinking of changing the tagline.� And so it goes at an evolving firm led by a perfectionist. Located in a retrofitted Victorian-era building
She recently returned from Paris, the “first real vacation” she and her husband have taken without their son. She’s also resumed taking piano lessons, willfully making time now instead of waiting until retirement, when “I won’t have the memory any more.” She has resumed taking piano lessons, willfully making time now instead of waiting until retirement. Also important to Azerbegi is her mother-son time. Once a week, no matter the demands of the office, she picks her son up from school, and they also take weekly taekwondo classes together. Azerbegi says she believes that �people think I�m too serious because
In the business of safety, we talk about competency and use the term “competent person.” OSHA refers to and requires competent persons in several of its standards and defines the term as “one who is capable of identifying existing and predictable hazards in the surroundings or working conditions which are unsanitary, hazardous, or dangerous to employees, and who has authorization to take prompt corrective measures to eliminate them.” div id="articleExtrasA" div id="articleExtrasB" div id="articleExtras" Yet many managers, supervisors and leaders find it difficult to apply this definition. Looking at the two primary components—capability to identify hazards and authority to correct
MATHER Airports are feeling the pinch of both the recession and airline financials more than ever, with negative impact on airport development. Many developing trends in airport design over the past 10 years respond to this economic reality. Programming for a new or improved airport facility is weighted toward maximizing value in those areas where passenger impact will be greatest. div id="articleExtrasA" div id="articleExtrasB" div id="articleExtras" Security Apart from economics, the most visible changes in design have been security related as a result of Sept. 11, 2001. Security standards have impacted airport design substantially, with no small effect on the
Interstate 80 1300 East to State Street Submitted by Horrocks Engineers The CM/GC team utilized accelerated bridge construction to speed up the schedule for the Interstate 80 project. ABC was used to replace seven bridges along the I-80 corridor in a two-month period from late June through early August 2008. The Horrocks team designed the ABC bridges carrying traffic westbound I-80 at 300 East, 500 East, 600 East, 600 East ramp, 700 East, 900 East and Highland Drive. The technology reduced road closures along mainline I-80 and inconvenience to commuters. Related Links: Intermountain Best of 2010 Judges The bridges were
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