The Louis Berger Group on April 1 signed a $100-million, five-year program-management contract to help Saudi Arabia build some $16 billion worth of highway and transit systems through 2025 in Madinah, the second-largest destination for Islam followers.
Related Links: DBIA DBIA Best Practices The Design Build Institute of America (DBIA) is seeking industry comment through April 1 on a draft document that highlights best practices for design-build projects in the water-wastewater sector.The document, circulated at DBIA's water-wastewater sector conference in San Antonio March 11-13, is based on DBIA's universal best practices for design-build document released last year. The group released a similar draft of best practices for transportation projects at its transportation conference March 9-11.Lisa Washington, DBIA's executive director, said the "market drill-downs" are meant to supplement the association's universal best practices, which apply to all types
The Dodge Momentum Index posted a monthly decline of 4.8% this January but is still 5.8% higher than January 2014's level, according to Dodge Data & Analytics.
IDE Technologies Ltd., a leader in the global desalination technology market that is owned by two Israeli firms, is set for spinoff next year from its Israel-based corporate owners to boost the have decided to put the company on the block. “There are only a few companies out there that have experience in the field of large desalination plants and this could make IDE very attractive to a major international infrastructure company,” says Chen Herzog, chief economist and energy and infrastructure expert in the Tel Aviv office of BDO Consulting. In order to make IDE more attractive, its current owners are
Related Links: Link to National Economic and Labor IMpacts of the Water Utility Sector Link and background on Johnson Foundation report. A new study puts some data behind claims that the water-wastewater industry can boost the economy through investments in infrastructure.The study found that 30 water utilities across the U.S. plan to spend an aggregate of $23 billion annually for capital construction and operating costs over the next 10 years. The study, released at WEFTEC's annual meeting in New Orleans on Sept. 29, was funded and published by the Water Research Foundation and the Water Environment Research Foundation.The research team
A Canadian federal panel probing the extent of public works construction corruption in Quebec heard from its last witness on Sept. 9 after two years of testimony from industry executives, union leaders and government officials. Since then, several Quebec-based engineering and construction firms including Dessau, SNC Lavalin, WSP Global, Pomerleau and EBC Inc., were accused of, or confessed to, involvement in a province-wide conspiracy of price colluding, campaign contibution fraud and bid rigging. Post scandal, the firms quickly began the process of rebuilding and rebranding, says David Wilkins, newly appointed chief compliance officer at Montreal-based SNC Lavalin. The Commission of
As the excitement over the World Cup ebbed in mid July, Latin American politicians got busy dealing with China’s President Xi Jinping, who dashed through Brazil, Argentina, Peru and Venezuela signing 150 projects worth a colossal $70 billion. The deals included construction of a metro rail in Brazil and several projects worth $7 billion in Argentina. "We know that cooperation with China has not brought us debt, but greater development," Venezuelan President Nicolas Maduro said after shaking hands with the Chinese President over a bouquet of deals including a $700-million gold exploration project and others worth $4 billion in cash. Xi’s Latin
Joe Martosella, the senior vice president and general counsel for Philadelphia-based contractor Buckley & Co., says his company’s workers’ compensation insurer paid out “three very serious claims” that cost the insurer $5.5 million over the past year.What was unusual was that the claims were made against Buckley & Co. by employees of subcontractors who should have been carrying workers’ compensation coverage of their own. In most states, workers’ compensation statutes require employers to have insurance to pay wages or medical costs of injured employees. In exchange, the laws generally prevent employees from making claims of negligence against legally defined employers.That’s
RSS
