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Category: Financial


Construction Processes, Financial

The right funding mechanism can help move your project forward

December 9, 2019

Via: BDCNetwork

Funding mechanisms like New Markets Tax Credits, Low Income Housing Tax Credits, and Historic Tax Credits are familiar tools to many—but not all— of our clients. Don’t make the mistake of assuming these mechanisms don’t apply to your organization. They […]


Construction Processes, Financial, Interaction of Expertise

Nonresidential construction spending falls in October

December 4, 2019

Via: BDCNetwork

National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted […]


Construction Processes, Design, Financial, Procurement

Project Planning: Estimate, Budget, and Forecast

December 3, 2019

Via: ENR

The project planning process starts with a proposal estimate. Taking the time and effort to make a great proposal plan is a sure way to give the executing team the best shot for project success. The proposal estimate will have […]


Construction Processes, Financial

$3.9B P3 road project in Virginia breaks down into small bid packages for minority-owned businesses

December 2, 2019

Via: Construction Dive

Virginia Gov. Ralph Northam announced last February that HRCP had won the $3.3 billion design-build contract for the Hampton Roads bridge and tunnel. Northam said it is the largest project in VDOT history. HCRP includes construction industry heavy hitters Dragados […]


Construction Processes, Financial, Interaction of Expertise

Architecture Billings Index rebounds after two down months

November 22, 2019

Via: BDCNetwork

Following a two month decline in demand for design services, architecture billings got a bounce in October, according to a new report released today from the American Institute of Architects (AIA). The Architecture Billings Index (ABI) score in October is […]


Construction Processes, Financial

Public Sector Work Will Lead Market in 2020, Industry Economists Say

November 20, 2019

Via: ENR

As the market reaches the late stages of the recovery cycle, experts don’t predict an impending downturn in the U.S., bolstered in part by increases in public-sector work, according to economic forecasts analyzed by ENR. “We’re not expecting a recession […]


Construction Processes, Financial

Global construction industry deals hit $61.7bn in Q3

November 19, 2019

Via: Construction Global

The total value of deals to Q3 2019 marked an increase of 92.4% over the previous quarter and a rise of 33.2% when compared with the last four-quarter average of $46.68bn. In terms of number of deals, the sector saw […]


Construction Processes, Financial

California approves $3.2B bond for Virgin’s $4.8B bullet train to Las Vegas

November 6, 2019

Via: Construction Dive

The XpressWest between California and Las Vegas, according to the IBank staff report, will take about half the time of a car trip, but Randal O’Toole, a senior fellow at the Cato Institute, isn’t convinced that this is enough to […]


Construction Processes, Financial

Citing tariffs, Caterpillar lays off 120 temp workers in Texas

November 5, 2019

Via: Construction Dive

The OEM, seen as an economic bellwether for the construction industry, has been affected not only indirectly by its customers’ worries over a U.S.-China trade war, but also directly by an increase in tariffs. In July, Caterpillar said it paid […]


Construction Processes, Financial

NYC construction spending to hit $190B by 2022

October 30, 2019

Via: Construction Dive

The Building Congress also called on federal and state government officials to step up their investments in the city’s infrastructure and transportation systems. Of particular importance to the group is adequate funding of the Gateway Program by President Donald Trump’s […]