Construction Industry News: September 6, 2019

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 last week in anticipation of Hurricane Dorian’s arrival. While South Florida escaped the storm’s wrath, developers and contractors saw their costs rise as the days ticked by.

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Bechtel scion raises nearly $100M for contech startups

The firm, led by Darren Bechtel, a scion of Bechtel Corp., raised the money from construction-related companies such as Autodesk, CEMEX, Ferguson Ventures and others. Darren Bechtel, who has found success raising money in the real estate industry, has a 10% stack in the fund. 

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Four Southern Vermont bridges found to have ‘non-compliant’ construction

Barre-based J.A. MacDonald Inc. has been barred from working on AOT projects.

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The Military Construction Projects Delayed For The Border Wall

The Pentagon will cut funding from military projects like schools, target ranges and maintenance facilities.

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