Image courtesy Fla. Dept. of Transportation Odebrecht Construction states that the new law would prevent the firm from further pursuing the $2.1-billion Interstate 4 reconstruction project planned for Orlando. Photo courtesy Odebrecht USA Odebrecht says the final completion for its $1.1-billion North Terminal contract at Miami International Airport is set for February 2013. Related Links: Florida's Anti-Cuba Law Could Be Trouble for Odebrecht Gov. Scott's Signing of Anti-Cuba Legislation Ends With Curious Twists Odebrecht Construction on June 5 filed a federal lawsuit against the state of Florida over its new law that bars the awarding of public contracts to firms
Odebrecht Construction has filed a federal lawsuit against the state of Florida over its new law that bars the awarding of public contracts to firms that have business interests in Cuba or Syria. Widely viewed as a specific target of the new state law, the Coral Gables, Fla.-based contractor asserts that the act is unconstitutional because it conflicts with federal law and attempts to enact foreign policy. Image courtesy Fla. Dept. of Transportation The new law would prevent Odebrecht Construction from further pursuing the $2.1-billion reconstruction of Interstate 4 through Orlando. Related Links: Florida's New Anti-Cuba Law Poses Business Challenge
Officially ending months of inter-agency negotiations over funding for the $1.7-billion Wekiva Parkway toll-road project near Orlando, Florida Transportation Secretary Ananth Prasad in late May signed a memorandum of agreement with the Orlando-Orange County Expressway Authority, or OOCEA, that pushes the project one step closer to construction.
Officially ending months of inter-agency negotiations over funding for the $1.7-billion Wekiva Parkway toll-road project near Orlando, Florida Transportation Secretary Ananth Prasad in late May signed a memorandum of agreement with the Orlando-Orange County Expressway Authority, or OOCEA, that pushes the long-planned project one step closer to reality. Image courtesy Fla. Dept. of Transportation The Florida Dept. of Transportation and the Orlando-Orange County Expressway Authority will each separately manage various sections of the $1.7-billion project. Related Links: Orlando Toll Road Clears Hurdle Low on Gas Taxes, Florida Accelerates Contractor Financing The Florida Dept. of Transportation and OOCEA will each design,
A 61% jump in the value of new residential projects couldn’t overcome sharp declines in the nonresidential and infrastructure categories, as the overall value of new Georgia contracts fell 11% in April, according to McGraw-Hill Construction. In all, the company estimated the state’s April contracts at roughly $718.3 million. Related Links: Florida Contracts Keep Building Momentum in April Nuclear Project Boosts Georgia's March Total for New Contracts During April, Georgia contractors gained $443.2 million of new residential work, well ahead of the year-ago volume of $275.8 million. But the nonresidential market fell by 51% to deliver just $199.8 million in
All three of Florida’s construction categories improved in April, combining for a 17% overall gain in the value of new contracts, compared to a year ago, according to McGraw-Hill Construction. In total, Florida contractors gained nearly $2.4 billion in new business during the month. Related Links: In March, Florida's Building Markets Soared, But Infrastructure Soured More ENR Southeast News The nonbuilding sector, which includes infrastructure projects, jumped 27% and was the largest category for new work in April, with just over $1 billion in new contracts moving forward.At roughly half the volume, Florida’s nonresidential market generated an estimated $503.1 million
A 41% drop in the value of new nonresidential contracts pulled down North Carolina’s April total for new projects by 13% overall, according to McGraw-Hill Construction. In all, the company estimated the Tar Heel State delivered nearly $851.4 million in new contracts during the month. Related Links: Florida Contracts Keep Building Momentum in April Despite Housing Bump, Georgia Contracts Tumble 11% in April The nonresidential sector was the leading culprit for the state’s April decline. Its 41% drop resulted in nearly $196.8 million in new work, compared to the $335.4 million reported a year ago.North Carolina’s nonbuilding sector, which includes
An $8.5-billion nuclear powerplant project in Jenkinsville greatly boosted South Carolina’s April construction contracts total to nearly $9.4 billion, according to McGraw-Hill Construction. By comparison, the monthly figure beat the state’s entire total for 2011, which had been estimated at $7.8 billion. (McGraw-Hill reports the full value of new contracts at the start of construction.) Related Links: North Carolina's Nonresidential Slump Continues in April Despite Housing Bump, Georgia Contracts Tumble in April Florida Contracts Keep Building Momentum in April Other infrastructure projects added more than $200 million to the nonbuilding category's total, for a final April tally of more than
Bowing to state concerns over the increased potential for sinkhole activity near Tampa Bay Water's C.W. "Bill" Young Regional Reservoir in Lithia, Fla., the water utility has scuttled its $41-million, 3-billion-gallon planned expansion of the facility.
Related Links: Odebrecht Helps Reopen Haiti Airport A new law signed on May 1 by Florida Gov. Rick Scott (R) banning state and local governments from hiring firms with business activity in Cuba or Syria has put Odebrecht in the spotlight over its work in the Caribbean nation.Set to take effect on July 1, the law faces potential legal action. Though Scott has since said the state would enforce the law, he also issued a signing statement that indicated congressional action would be required first. The governor cited the U.S. Supreme Court's decision in Crosby v. National Federal Trade Council,