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Category: Financial


Construction Processes, Financial

Trump FY19 Budget Mixed for Construction

February 15, 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, 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

2017 U.S. and Canadian Construction Performances in Review

February 6, 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

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 […]


Construction Processes, Financial

Construction Software Pricing: How Much Should You Pay?

January 18, 2018

Via: Construction Management – Capterra Blog

Looking for information on how much you can expect to spend on construction management software? It’s a tricky question with many variables. I’ve put together a straightforward guide on the ballpark figure you can expect when shopping for software in […]


Construction Processes, Financial

Sports venue construction spending expected to jump in 2019

January 17, 2018

Via: Construction Dive

The sports venue construction segment hit temporary turbulence last year when it almost lost what has become a key source of funding under the House GOP tax reform bill. Lawmakers included a provision that would have eliminated the option to […]


Construction Processes, Financial

US commercial real estate to grow through 2019

January 16, 2018

Via: Construction Dive

Despite the ULI’s findings, Bloomberg recently reported that the suburban office market is on an upward march as older millennials opt to move away from urban centers to smaller, more affordable cities nearby. And employers are tagging along. One of the contributing factors […]