CEO also is bullish on its small nuclear reactor unit despite a just-canceled key US project due to higher projected power cost.

Looking into the coming year, experts are cautiously optimistic of a stronger construction market, particularly in certain sectors such as manufacturing and health care.

American Institute of Architects/Deltek Architecture Billings Index shows the third consecutive monthly billings decline for U.S. architecture firms. 

Estimated costs to cover the backlog of four agencies' deferred projects increased by about $22 billion between 2017 and 2022, according to a new U.S. Government Accountability Office report.

The Community Change Grants program established through the Inflation Reduction Act will support projects that launch clean energy or improve climate resilience.

Firm execs cited “extensive lead times across critical components” in late 2027 start of Zachry-built scaled-up project in Texas Permian energy region, In mid-November earnings call.

A lawsuit by AECOM over its former construction unit's sale price remains unresolved.

After posting an estimated 1% gain for 2023, the overall value of construction starts is expected to rise 7% during 2024.

Officials have increased the maximum strike price for future projects following September auction that had no lease site bidders.

Quebec $2.9B project would produce 70,000 tons annually by 2028, while the B.C. project, valued up to $7B, would be one of the largest Indigenous energy projects in Canada.