News - Articles - Page 369 | Engineering News-Record

SNC-Lavalin Chief Neil Bruce Steps Down; COO Ian Edwards is Interim Successor

Debra K. Rubin

June 12, 2019

No Comments

CEO search is under way at WSP's Americas unit

Construction Workforce

Construction Jobless Rate Hits 19-Year Low, But Job Gain Is Modest

Tom Ichniowski

June 7, 2019

No Comments

Industry added 4,000 jobs in May, well below April's increase of 30,000, BLS reports.

The American Infrastructure

Trump Signs Disaster Relief Bill With Billions for Infrastructure

Update: Construction firms waiting for agencies to turn funds into contracts.

Tom Ichniowski

June 6, 2019

No Comments

A $19.1-billion package has $3.3 billion for Corps civil works and $2.7 billion for DOD to rebuild storm-battered bases.

Transportation and Transit

Canceled WSP Contract Sends Message To NY Construction Industry

Richard Korman

June 5, 2019

7 Comments

New York's Metropolitan Transportation Authority has imposed a 10% fee cut on current projects and its CEO has talked of the importance of stricter future treatment of large companies.

The Top 100 Project Delivery Firms: Not 'Alternative' Anymore

Gary J. Tulacz

June 5, 2019

One Comment

Design-Build and Construction Management-at-Risk are assuming an increasing percentage of the overall market.

Duke Energy Hires JV to Speed Decommission of Crystal River Nuke Plant

June 5, 2019

No Comments

Duke Energy will decommission its Crystal River nuclear plant in Florida about 50 years earlier than planned under an agreement with Accelerated Decommissioning Partners.

Now Facing a Bribery Trial, SNC-Lavalin Explores Business Options

Scott Van Voorhis

June 5, 2019

No Comments

Industry observers are watching how the Montreal design-build firm responds to calls for dramatic action to shore up results.

Mortenson Reaches Agreement To Deploy Fully Autonomous Equipment

Jeff Rubenstone

June 4, 2019

One Comment

In a bid to speed work on projects in remote sites and cope with labor shortages, Mortenson has announced an agreement with tech start-up Built Robotics to expand the contractors deployments of fully autonomous construction projects on renewable energy projects.

Fluor Continues Management Shakeout to Boost Results

Debra K. Rubin

May 30, 2019

One Comment

After Q1 numbers shock, analysts warm to C-suite shifts and "bid rigor" but are looking past the second quarter

Project Financing

Riverlinx Consortium Wins Contract for $1.3B River Thames Tunnel

One of the UK's last privately financed infrastructure projects is to finish in 2025

Peter Reina

May 30, 2019

No Comments

Silvertown will likely be the last major privately financed infrastructure project in the UK for quite a while, with the PFI method falling from favor.