Veteran corporate executive Luis M. Ramirez began a new role on Sept. 12 as general manager and CEO of the Massachusetts Bay Transit Authority, despite controversy over his lack of public transit management experience and financial scrutiny of Global Power Equipment Group, an engineer and manufacturer of which he was CEO until 2015.
When student intern Ana Padilla left her job with Sundt Construction in Tucson, Ariz., this past summer, she received plenty of hugs and well-wishes from her colleagues on the Interstate 10-Ina Road interchange project.
Continued construction risk in public-private partnerships was a key topic for financing experts on a panel hosted by investment firm D.A. Davidson as part of its annual investor conference.
When former Harrisburg, Pa., Mayor Stephen Reed (D) and his aides set out to retrofit the city’s aging incinerator in late 2000, the project spun out of control over the coming years, enlarging the debt the city owed on the facility to $300 million and sinking Harrisburg into financial ruin.
As the construction industry has moved toward more collaborative forms of project delivery, many owners have begun engaging outside professionals who are known as owners project managers (OPMs).
The Dept. of Homeland Security has awarded eight contracts to companies to develop prototypes for the Trump administration’s proposed wall along sections of the nearly 2,000-mile U.S.-Mexico border.
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