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Ex-Lane Construction chief Robert Alger is named president of Canada firm's infrastructure projects group; he succeeds exec named COO of Dutch-based giant.
As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.
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."
