Construction Industry News, December 30, 2019
Takeaways from the year's construction calamities This year, and this fall in particular, saw a number of high-profile accidents. Here is a look back at some of the construction calamities…
Takeaways from the year's construction calamities This year, and this fall in particular, saw a number of high-profile accidents. Here is a look back at some of the construction calamities…
Atlanta transit authority approves $27B regional plan The Atlanta-Region Transit Link Authority (ATL) has adopted a $27.4 billion regional plan, making it possible for the authority's transit projects to be considered for…
Texas Central signs preconstruction contract with Kiewit firm for $20B bullet train Texas Central has signed an early contractor involvement (ECI) agreement with Mass. Electric Construction, a subsidiary of Kiewit Corp., for…
Public Sector Work Will Lead Market in 2020, Industry Economists Say As the market reaches the late stages of the recovery cycle, experts don’t predict an impending downturn in the…
Repeal of $7.6B Highway Funding Cut Clears Big Hurdle State departments of transportation and construction industry groups are moving close to a major win on Capitol Hill, with House passage…
California approves $3.2B bond for Virgin's $4.8B bullet train to Las Vegas The California Infrastructure and Economic Development Bank (IBank) has authorized a $3.2 billion tax-exempt, fixed-rate revenue bond issuance to help…
What Florida Bridge Collapse Report Leaves Unexplained The bridge, a 174-ft-long concrete truss, was to provide a crossing over a busy road for pedestrians at Florida International University. In its…
A round-up of news and developments from some of our Beaver member companies. AECOM completes cleanup at the Separations Process Research Unit nuclear facility in New York AECOM, a premier,…
Oklahoma approves $8B of infrastructure work The commission approved three plans. The largest is the $6.5 billion, Eight-Year Construction Work Plan, which centers around replacing structurally deficient highway bridges, maintaining…
Construction Adds 14,000 Jobs in Aug., Jobless Rate Trends Mixed Construction gained 14,000 jobs in August and the industry’s unemployment rate improved modestly from July’s level but rose slightly year…
Hurricane Dorian spared South Florida but will still cost developers and contractors Most general contractors are back to work in South Florida, after securing and shutting down their job sites…
Seattle's Sound Transit awards $1.6B of contracts for $2.8B Lynnwood Link Extension The Central Puget Sound Regional Transit Authority (Sound Transit) Board of Directors on Thursday awarded two contracts totaling more…