Companies Granite Execs See Light at End of Turnaround Tunnel Richard Korman July 28, 2022 No Comments How much of the company's 'Old Risk Portfolio' remains to be performed?Read More
NASA Seeks Shift to Bechtel of Future Moon Launcher Cost Risk Richard Korman July 28, 2022 No Comments NASA says it wants to switch to a fixed-price contract.Read More
As Heat Waves Broil, Construction Employers Seek Limits on Planned Safety Standard Richard Korman James Leggate July 21, 2022 No Comments Industry employers remain wary of overly complicated new rules to protect workers, in comments on the proposed regulation.Read More
Jobsite Fatalities Fewer NYC Construction Deaths as Safety Law Awaits Governor's Signature Contractors seek changes before final approval Richard Korman July 15, 2022 No Comments Anticipated enactment of Carlos' Law would raise minimum potential penalties in criminal safety convictions to $300K or higher.Read More
Mergers & Acquisitions Design Firm Page Buys Assets of Bankrupt EYP Group Richard Korman July 8, 2022 No Comments The purchase adds to the buyer's architecture and engineering range while providing funds for EYP employee-shareholders.Read More
Sports Construction Gilbane-Turner Team Reported in Lead for Big Buffalo Stadium Contract Richard Korman June 30, 2022 One Comment Winner of the $1.4-billion football facility is expected to be announced this month.Read More
Construction Accidents Why A Jury Found That Contractor 'Retaliated' Against Undocumented Craft Worker Richard Korman June 28, 2022 No Comments A broken leg, an immigration arrest and a $650K jury award against a contractor related to safety violations.Read More
Viewpoint Biden Davis-Bacon Update: The Good and the Bad Richard Korman June 23, 2022 No Comments Arguments about prevailing wages have not changed much since the 1980s, the last time the U.S. government changed methods under the 1931 Davis-Bacon Act to determine a prevailing wage on most construction projects with federal funding. Read More
DOD to Contractors: No Inflated Cost Pay on Current Fixed-Price Jobs Richard Korman Scott Van Voorhis June 8, 2022 No Comments A U.S. Defense Dept. guidance memo gives instructions on how contract cost adjustment clauses should be written in the future.Read More
Annals of Inflation How a Critical Delay Sent St. Louis Convention Center Project Costs Sky High Richard Korman James Leggate June 1, 2022 No Comments The bid atmosphere and market for contracting deteriorated as St. Louis County and the city hammered out a deal.Read More