Finance - Articles - Page 63 | Engineering News-Record

Coronavirus and Construction

Update: Trump Signs Bill Making More Changes in Paycheck Protection Program

Tom Ichniowski

June 5, 2020

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Newly enacted legislation eases payroll spending requirement, extends period for loan recipients to spend funds.

Ten Minutes With Holly Drumheller Butler

How To Prepare For A Paycheck Protection Program Loan Audit

A compliance attorney describes what you should know and do

Scott Van Voorhis

June 4, 2020

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A compliance attorney outlines things you must explain in using COVID-19 federal loan funds.

Transportation

Maryland Advances Next Big P3 Project Even as Cost Dispute Stalls Existing One

Jim Parsons

June 3, 2020

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State reveals four bids for $9B-to-$11B Beltway project but offers no new detail on status of talks to restart shuttered $2B Purple Line rail.

Transportation Infrastructure

House Democrats Unveil $494-Billion Surface Transportation Bill

Tom Ichniowski

June 3, 2020

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Proposal unveiled by DeFazio is silent on how to pay for the $138-billion trust-fund infusion needed to fully fund it.

WSP Plans New Stock Offering, Reviving Speculation About Deal

Richard Korman

June 2, 2020

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Stock with a value of $437 million will be offered.

Monthly Construction Spending Drops in April, Commerce Dept. Says

Alisa Zevin

June 1, 2020

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But spending did increase on a year-over-year basis.

EPA Clears $196M WIFIA Loan for Calif. Wastewater Project

Tom Ichniowski

May 29, 2020

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Loan to Inland Empire Utilities Agency will cover about 45% of project's total cost.

Coronavirus and Construction

House Approves Bill to Loosen Paycheck Protection Restrictions

Tom Ichniowski

May 28, 2020

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Changes include cutting payroll's minimum share of loan proceeds to 60%, from 75% now.

NY Governor To 'Fast Track' Key NYC Projects to Boost Virus Recovery

Debra K. Rubin

May 27, 2020

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With NYC now set for June 8 reopening, push focuses on LaGuardia, Penn Station projects and power infrastructure, but no scope and schedule detail aired; Andrew Cuomo seeks federal fund boost.

NY-NJ Transport Chief Amplifies Pitch for $3B to Fill COVID-19 Revenue Hit

Debra K. Rubin

May 21, 2020

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The virus impact on aviation, port, rail, bus and bridge traffic puts $20 billion of planned capital spend at risk, said Rick Cotton, regional Port Authority executive director at NJ airport briefing.