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Category: Financial


Construction Processes, Financial, Procurement

Steel and aluminum tariffs raise more questions than answers for domestic suppliers

April 18, 2018

Via: BDCNetwork

Over the past 90 days, the price of steel that Dallas-based DFW Grating buys from domestic mills to fabricate bar and plate grating has nearly doubled. C. Scott Netherton, DFW Grating’s Vice President of Business Development, added that steel distributors […]


Construction Processes, Financial

Industry Braces for Tariff Consequences

April 10, 2018

Via: ENR

Faced with a possible trade war erupting from a barrage of threats and counterthreats exchanged between the U.S. and China over tariff impositions, construction economists and equipment manufacturer representatives say the industry is growing increasingly edgy about the gathering unknowns […]


Construction Processes, Financial

Trump FY19 Budget Mixed for Construction

April 3, 2018

Via: ENR

President Trump’s fiscal year 2019 budget request seeks deep cuts for many construction accounts and some increases. But if the proposal, released on Feb. 12, gets the same Capitol Hill reception as his 2018 plan did, Congress will go its […]


Construction Processes, Financial

Construction Spending Remained Flat in January

March 28, 2018

Via: ConstructConnect

Construction spending remained flat in January, kicking off the year with a seasonally adjusted annual rate of $1,262.8. This is nearly identical to December’s estimate which has been revised up from $1,253.3 billion to $1,262.7 billion. November’s estimate of $1,245.1 […]


Construction Processes, Financial

2017 U.S. and Canadian Construction Performances in Review

February 26, 2018

Via: ConstructConnect

Total construction starts in the US grew by 11.1% in 2017 to reach $760bn, a modest slowdown from the 13.2% growth posted in 2016. Civil engineering was the main driver of growth, boosted by a number of mega-projects in the […]


Construction Processes, Financial, Legal

Tax Reforms a Big Deal for Small, Midsized Builders

February 14, 2018

Via: ENR

The Trump administration and congressional Republicans pushed hard for a massive federal-tax overhaul in December that left virtually no segment of U.S. industry untouched, including construction. The $1.5-trillion Tax Cuts and Jobs Act (TCJA) of 2017, which went into effect […]


Construction Processes, Financial

Los Angeles Union Station considers $2B expansion

February 9, 2018

Via: Construction Dive

Los Angeles Union Station officials are considering a $2 billion expansion of the facility, which they said would improve the quality of service for riders and increase the station’s efficiency, according to Engineering News-Record. The Link Union Station (Link US) […]


Construction Processes, Financial

Construction set for $962M Houston tollway bridge project

February 8, 2018

Via: Construction Dive

As many of the nation’s bridges continue to fall into disrepair or obsolescence, some local authorities are coming up with innovative ways to make the necessary bridge upgrades without creating additional commuter logjams. Last month, the Oklahoma Department of Transportation […]


Construction Processes, Financial

Construction underway on $2.1B Orlando airport terminal

January 23, 2018

Via: Construction Dive

In June, the Greater Orlando Aviation Authority (GOAA) approved a $350 million increase to the terminal’s price tag, citing inflation and rising labor and material costs brought by a robust local construction economy, a high-priced baggage system and other high-end […]


Construction Processes, Financial

Construction to start on $2B widening of I-405 in CA

January 22, 2018

Via: Construction Dive

Back in November 2016, OCTA awarded a $1.2 billion design-build contract for the project to low bidder OC 405 Partners, a joint venture led by OHL USA and Astaldi Construction. The contract was the first to be issued under a […]