Tag: finance


Mis—Direction: Industry Study Sees Flaws in Engineering and Construction Firm Governance

August 24, 2018

Via: ENR

It’s the rare engineering or construction firm that doesn’t tout its leadership ability and resources to tackle ever-more complex challenges and deliver the highest quality and value to customers. But new industry research from management consultant FMI suggests that the […]

Construction Processes, Design

Green Light for $1.4 Billion London Tunnel

May 10, 2018

Via: ENR

London’s transportation authority has secured approval to go ahead with design, build, finance and maintain project for a 1.4 km twin highway tunnel under the River Thames between Greenwich and Silvertown. Transport for London aims to selected the preferred bidder […]

Construction Processes, Financial

Trump FY19 Budget Mixed for Construction

April 3, 2018

Via: ENR

President 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

Construction Spending Remained Flat in January

March 28, 2018

Via: ConstructConnect

Construction 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, Legal

Tax Reforms a Big Deal for Small, Midsized Builders

February 14, 2018

Via: ENR

The 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

Construction set for $962M Houston tollway bridge project

February 8, 2018

Via: Construction Dive

As 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

Construction underway on $2.1B Orlando airport terminal

January 23, 2018

Via: Construction Dive

In 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

Construction to start on $2B widening of I-405 in CA

January 22, 2018

Via: Construction Dive

Back 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 […]

Construction Processes, Financial

Construction Software Pricing: How Much Should You Pay?

January 18, 2018

Via: Construction Management – Capterra Blog

Looking for information on how much you can expect to spend on construction management software? It’s a tricky question with many variables. I’ve put together a straightforward guide on the ballpark figure you can expect when shopping for software in […]

Construction Processes, Financial

Sports venue construction spending expected to jump in 2019

January 17, 2018

Via: Construction Dive

The sports venue construction segment hit temporary turbulence last year when it almost lost what has become a key source of funding under the House GOP tax reform bill. Lawmakers included a provision that would have eliminated the option to […]