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…
The construction industry is still growing, but at the slowest rate in six years The country added 202,000 construction jobs in July compared to the year earlier, according to federal…
DOT Picks Winners for $856 Million in New INFRA Grants The U.S. Dept. of Transportation has selected 20 projects—for highway, bridge, port and rail improvements—to share $856 million in the latest round…
Colorado DOT Hires Contractor to Repair Damaged Denver-Boulder Freeway The Colorado Dept. of Transportation has hired Kraemer North America on a CM/GC contract to lead the emergency repair and rebuild…
Report: 60% of US construction activity concentrated in 10 states By far, California has the largest share of the pie, with the most projects in number — 1,302 — and value —…