Category: Financial

December 9, 2019

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 […]

December 4, 2019

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 […]

December 3, 2019

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 […]

December 2, 2019

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 […]

November 22, 2019

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 […]

November 20, 2019

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 […]

November 19, 2019

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 […]

November 6, 2019

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 […]

November 5, 2019

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 […]

October 30, 2019

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 […]