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The East Bay Municipal Utility District in Oakland, Calif., awarded a $237-million contract to Flatiron for construction projects at two of the utility’s water treatment plants: the Upper San Leandro Water Treatment Plant, built in 1927, and the Sobrante Water Treatment Plant.
Construction is underway, with new contracts awarded, on the first phase of Sempra Infrastructure’s $13-billion Port Arthur LNG export terminal in Texas near the Gulf of Mexico, following the energy firm’s award to Bechtel Energy of an EPC contract to manage the two-train project.
Construction is set to begin later this year on the $3-billion TransWest Express Transmission Project, a 732-mile high-voltage interregional transmission system designed to deliver about 20,000 GW of renewable energy per year to western states and in early September on the estimated $8-billion SunZia transmission project that will carry an initial 3 GW of clean power to southwest U.S. markets.
Turner Construction will begin work on the University of Kansas David Booth Kansas Memorial Stadium in December, following the conclusion of the 2023 football season.
Contractors grew revenue in 2022, buoyed by rising populations and favorable business climates amid labor and materials shortages and rising interest rates
Contractors grew revenue in 2022, buoyed by rising populations and favorable business climates amid labor and materials shortages and rising interest rates.
Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and construction management-at-risk revenue.