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 from this year and the fallout that followed.

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The most expensive projects on the planet: $175B fuels these 5 jobsites

Megaprojects, above all else, are defined by their potential to impact millions of people. While the $1 billion investment mark is generally accepted as the threshold for a singular project to be considered “mega,” that target moves according to the context of the country or specific location it’s in. 

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Massive $1.4-Trillion Spending Measure Goes on the Books

The spending package hikes highway obligation limit 2% to $46 billion, but cuts discretionary highway program 33%, to $2.2 billion.

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Skanska-Led Team Aims for Early 2020 Start on $463M Maryland Bridge

A joint venture of Skanska, Corman Kokosing Construction Co. and McLean Contracting Co. is moving toward a spring 2020 construction start for a $463-million replacement for a 79-year-old bridge across the Potomac River, south of Washington, D.C.

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