Pandemic Ethics What Fraud Charges Reveal About Rescue Loans and a Fast-Growing Florida Roofer Richard Korman Scott Van Voorhis October 8, 2020 No Comments How did the owner of Target Roofing & Sheet Metal allegedly use Paycheck Protection Program funds to buy a pleasure boat?Read More
Former Turner, Bloomberg Managers Plead Guilty in $15M Bribery Scheme Eva Fedderly October 7, 2020 No Comments The pleas, announced by Manhattan DA’s office Oct. 6, are the latest outcome of a larger kickback scheme probe in interiors constructionRead More
COVID and Construction Netherlands BAM to Cut Costs Through Staff Cuts Peter Reina October 2, 2020 No Comments Pandemic impacts have led country's largest contractor to cut $117 million, mainly by cutting staff of about 19,500, largely in Europe.Read More
French Building Giant Vinci Offers $6B for Energy-Industrial Unit of Spain's ACS Peter Reina October 2, 2020 No Comments Spanish firm agreed to negotiate the non-binding offer for the unit, which focuses on P3 project development, construction and operation.Read More
Executive News Granite, STV Leaders Shift; Buyouts Change Titles for American Bridge, LTK CEOs Debra K. Rubin October 2, 2020 No Comments Granite elevates COO amid ongoing financial review; STV chief Milo Riverso departs; US contractor buys American Bridge from long-time Taiwan ownerRead More
3Q Cost Report: Global Pandemic Recovery Is Underway But Remains Uneven Rachel Personius, Currie & Brown September 30, 2020 No Comments Developed and developing countries are seeing recovery happen at different ratesRead More
3Q Cost Report: Execs Believe the Downturn Will Continue Until 2021 Gary J. Tulacz September 30, 2020 No Comments Most markets are in decline, but many industry leaders hope that the worst will soon passRead More
Fluor Reports $1.7-Billion Loss in Delayed Release of 2019 Corporate Results Debra K. Rubin September 26, 2020 No Comments Report follow months-long internal and outside reviews of project charges; execs say firm stays in energy sector with tougher bid controls Read More
Bechtel, Ex-AECOM Unit Settle U.S. Cleanup Site Labor Overbilling Suit Tim Newcomb September 23, 2020 No Comments DOE contractors will pay $58M to resolve U.S., whistleblower excessive cost claims on giant Hanford waste project but did not admit wrongdoing.Read More
FERC Talks Technology, But Clean Energy Innovators Say Actions Hurt Sector Mary B. Powers September 22, 2020 No Comments Renewables producers charge in U.S. lawsuit that agency decisions keep them from U.S. power grid, but sector still sees battery storage growth and more manufacturers in supply chain.Read More
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