The Export-Import Bank of China is in the final stages of striking a deal with two real estate magnates to complete construction of the stalled, $3.5-billion Baha Mar Resort project in the Bahamas.
Shortly before Congress adopted a measure to help curtail individual surety fraud, an appellate court decision seemed to make it more difficult for contractors who use individual surety bonds on public project bids to compete.
Suspecting that the California High- Speed Rail Authority intentionally misled the state Legislature on costs, state Assembly Republicans are seeking to subpoena state documents on the estimated $68-billion high-speed-rail (HSR) project and set up a special committee to receive sworn testimony from CHSRA officials.
Chocolate Factory LLC is planning to convert an 1860s-era, six-story, 240,000-sq-ft former mill complex, located in Mansfield, into 130 residential units and about 35,000 sq ft of commercial and industrial space.
Under steady conditions, global construction output is set to grow, on average, by nearly 4% annually for the next 15 years—reaching, in constant 2014 dollars, $17.5 trillion by 2030, says an expansive 15-year forecast by two U.K.-based consultants..
Construction of power upgrades, small modular and advanced nuclear reactors are now eligible for funding under the Energy Dept.’s $12.5-billion nuclear loan guarantee program, the White House announced on Nov. 6 as part of a nuclear energy summit.
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