Construction Risk Management Will AIA's Revised Contract Options Prompt More Insurance Coverage? Scott Van Voorhis Richard Korman August 16, 2017 No Comments In revising its standard form agreements, AIA calls out as optional additional coverage that could be added to builders' risk policies.Read More
Finance Fluor Stumbles on Fixed-Price Power Projects A second-quarter charge trims the earnings estimate for the year Richard Korman August 8, 2017 One Comment The company says it parted ways with key employees in its power unit.Read More
Companies Jacobs Pays Surprise Premium in $3.27B Deal for CH2M The combined companies would create biggest designer with limited construction risk, says buyer Debra K. Rubin Richard Korman August 2, 2017 One Comment The much-speculated purchase, set to conclude by December, would create a $15-billion-revenue firm and includes $416 million of debt.Read More
Insurance Risk Allocation: What AIA's New Standard Form Agreements Say Ten Minutes With Ken Cobleigh of the American Institute of Architects Richard Korman August 2, 2017 No Comments The new AIA standard form agreements take a more expansive view of risk allocation.Read More
Finance How Costly Projects Are Forcing CH2M to Weigh a Buyout Much damage was done by a couple of fixed-price contracts Richard Korman Debra K. Rubin July 26, 2017 No Comments The firm is reported to be in advanced talks with Jacobs for $1.5B takeoverRead More
Nuclear Power Court Decision Electrifies Chicago Bridge & Iron Investors Appeals court judges note that Westinghouse had agreed to pay 'bupkis' Richard Korman July 7, 2017 No Comments A new court decision propels CB&I's share price.Read More
Risks Revisited What is the Chance a Solar Storm Could Knock Out The Power Grid? Researchers fine-tune estimates of a strong punch that could put out our lights Richard Korman June 22, 2017 2 Comments Is there really a nearly one in eight chance that a severe solar wind will hit the earth in any given decade?Read More
Viewpoint: The American Infrastructure What If They Call a Do-Over on the I-395 Project in Miami? Proposing teams face risks in seeking controversial urban infrastructure Richard Korman May 31, 2017 No Comments You would have to think twice before putting in a proposal on a project like this any time again soon.Read More
Construction Risk Management Why Does Texas Rank Among the Worst States in Work Zone Deaths? The search for an answer involves data, safety programs and driving habits Richard Korman May 5, 2017 One Comment The answers may prove revealing in the campaign to stop fatal work zone crashes.Read More
Risk Management How to Control Potential Construction Surety Claims Why surety manager Monica Donatelli keeps the line open to Crossland Construction's Maurice Harley Richard Korman May 2, 2017 No Comments What a surety bond producer and big contractor do to keep a lid on claims trouble.Read More