Construction Processes, Financial, Procurement
April 18, 2018
Via: BDCNetworkOver 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
April 10, 2018
Via: ENRFaced 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
April 3, 2018
Via: ENRPresident 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
March 28, 2018
Via: ConstructConnectConstruction 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
February 26, 2018
Via: ConstructConnectTotal 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
February 14, 2018
Via: ENRThe 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
February 9, 2018
Via: Construction DiveLos 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
February 8, 2018
Via: Construction DiveAs 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
January 23, 2018
Via: Construction DiveIn 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
January 22, 2018
Via: Construction DiveBack 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 […]