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Category: Procurement


Construction Processes, Procurement, Sustainability

Tariff exemption denied for $1.1B Texas pipeline project

July 20, 2018

Via: Construction Dive

Shell and Chevron got better news from the Commerce Department. The department granted both Shell and Chevron exemptions so that the companies could buy Japanese steel for drilling operations in the Gulf of Mexico, according to the Houston Chronicle. According […]


Construction Processes, Procurement

Are we facing a new era in Foreign Direct Investment?

July 17, 2018

Via: BDCNetwork

In 2017, the A.T. Kearney Foreign Direct Investment Confidence Index concluded, “Investors are bullish about economic growth and FDI [Foreign Direct Investment] prospects, but are monitoring political risks for abrupt changes to the business environment.” Fast-forward to 2018, and that […]


Construction Processes, Financial, Procurement

2018 U.S. Construction Prospects

May 25, 2018

Via: ConstructConnect

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at […]


Construction Processes, Financial, Procurement

Airport projects could hit $70B by 2021

May 7, 2018

Via: Construction Dive

Given the cost to construct some recent airport terminals, transportation and runway projects, $70 billion is not unrealistic, particularly since that figure is spread out among 50 airports. Chicago officials are finalizing plans for an $8.5 billion expansion at O’Hare […]


Construction Processes, Procurement

U.S. Construction Spending Drops 1.7% in March

May 1, 2018

Via: ConstructConnect

Construction spending fell to a seasonally adjusted annual rate of $1,284.7 billion in March. This is 1.7% below February’s estimate which was revised up significantly from $1,273.1 billion to $1,306.4 billion. January’s estimate of $1,272.2 billion was also revised up […]


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, Interaction of Expertise, Procurement

Tishman Speyer to begin building The Spiral in Manhattan

April 16, 2018

Via: Construction Global

Leading New York-based construction company Tishman Speyer has announced that it is set to begin constructing The Spiral in Manhattan, having both secured a $1.8bn loan from Blackstone Mortgage Trust, and finalized an 800,000 square foot lease with Pfizer. Costing […]


Construction Processes, Procurement

6 Tips on Buying Used Construction Equipment

April 2, 2018

Via: ConstructConnect

Most businesses prefer bringing in a new equipment if their old one fails, but there may be times when you would prefer buying used equipment. While it may not be very different from making a new purchase altogether, it is […]


Construction Processes, Procurement

Seattle area starts $6.7B light rail and tunnel projects

February 12, 2018

Via: Construction Dive

The Central Puget Sound Regional Transit Authority (Sound Transit) is entering the assessment and early- development phases for $6.7 billion of light rail projects that will further connect Seattle with its western suburbs, according to the agency’s February 2018 Summary […]


Construction Processes, Financial, Procurement

December material prices edge down, up 5% for 2017

January 12, 2018

Via: Construction Dive

A too-narrow narrow gap between natural gas and crude oil prices contributed to the decision that South Africa-based chemical and energy company Sasol made to cancel its plans to build a $15 billion gas-to-liquids (GTL) factory in Louisiana next to its $11 […]