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Category: Financial


Construction Processes, Financial, Legal

Pentagon eyes military construction budget for border wall

January 15, 2019

Via: Construction Dive

Despite the controversies surrounding the proposed barrier — i.e. who is going to pay for it and its central role in the longest federal shutdown in the country’s history — there is construction activity underway along the border. There are […]


Construction Processes, Financial, Legal

Trump wants $5.7B for ‘steel barrier,’ instead of concrete wall at US-Mexico border

January 8, 2019

Via: Construction Dive

Despite protests from activists and many lawmakers, the administration still is keeping some contractors busy with border wall construction. The most recent award was announced in November and went to San Antonio, Texas, construction company Gideon Contracting. The company will […]


Construction Processes, Financial, Interaction of Expertise

Canada Government Audit Cites P3 Settlement Cost

December 27, 2018

Via: ENR

A private consortium of engineering and construction firms won more than $177 million in extra payments to keep its nearly $4-billion Toronto light-rail project on track, despite having agreed to shoulder cost overruns, according to an Ontario auditor’s report released […]


Construction Processes, Financial

$229M plan underway to replace collapsed bridge in Italy

December 21, 2018

Via: Construction Dive

Fincantieri plans to build the steel components at its facilities in Genoa and Verona and then transport them to the jobsite to be assembled and welded, keeping much of the work at ground level. The pieces will then be lifted […]


Construction Processes, Financial

State, local governments using higher revenues to increase infrastructure spending

December 20, 2018

Via: Construction Dive

Many state and local residents around the country showed their commitment to public construction in November by voting for at least $24 billion of bond initiatives. Some measures that won approval included $16 billion for California construction projects. That measure […]


Construction Processes, Financial

$50B of development in Washington, DC’s pipeline

December 18, 2018

Via: Construction Dive

The WDCEP report did not include the Amazon project in JBG Smith’s numbers because the project, while still in the D.C. Metro area, is in a Virginia suburb. Amazon will lease about 500,000 square feet of office space from JBG […]


Construction Processes, Financial

Google plans $1B New York City project

December 18, 2018

Via: Construction Dive

Google joins Amazon in staking out their respective sections of New York City, where both tech giants have said there is a diverse, qualified pool of employee candidates, although Amazon’s arrival was much more high profile. After teasing more than […]


Construction Processes, Financial, Sustainability

Industry Execs, Investors Weigh 2019 Sector Projections

December 13, 2018

Via: ENR

Construction equipment and contracting executives from publicly owned companies offered investors optimism in their 2019 market outlook at a Credit Suisse investment conference last month in Miami. The mining sector’s continuing upward momentum in the next year and big overseas […]


Construction Processes, Financial

Connecticut DOT unveils 5-year, $12B infrastructure plan

December 12, 2018

Via: Construction Dive

As many state transportation officials struggle to carry out their construction programs within the confines of limited budgets, federal lawmakers are working toward what could be a revival of President Donald Trump’s $1 trillion national infrastructure program. The potential federal […]


Construction Processes, Financial, Interaction of Expertise

Tariffs driving up infrastructure construction costs, analysis shows

December 11, 2018

Via: Construction Dive

The Wall Street Journal recently reported that the Trump administration might be willing to make some compromises in order to seal a deal with Democrats for the type of massive infrastructure program that failed to get off the ground last […]