Project Finance Texas OKs $10B Energy Build, Maine Rejects New Utility in Off-Year Voting Jim Parsons November 8, 2023 No Comments Nov. 7 election outcomes are among others in states where new project funding measures and political makeup of statehouses were closely watchedRead More
Transit NYC Second Ave. Subway Project Advances With $3.4B in US Funding James Leggate November 6, 2023 No Comments Project's Phase 2 would extend the line 1.8 miles into Manhattan/s East Harlem section.Read More
Passenger Rail White House Awards $16.4B for 25 Northeast Corridor Projects Tom Ichniowski November 6, 2023 No Comments Baltimore's 150-year-old rail tunnel gets the largest grant, $4.7 billion, to alleviate a major rail line bottleneck.Read More
Transmission ENR 2023 Top Owners Sourcebook: Three Power Grid Expansions to Split $1.3B in U.S. Project Funding Mary B. Powers November 5, 2023 No Comments Proposed large transmission builds in New England, four western states and two border states will negotiate funding terms with the US Energy Dept. Read More
Clean Energy Orsted Cancels Big NJ Offshore Wind Projects Amid Financial Squeeze James Leggate Debra K. Rubin Mary B. Powers November 1, 2023 No Comments Major wind developer, and others that include giant Equinor, predict millions in writedowns as first projects face tough economics, but proponents see a solid market that needs government attention to current obstacles.Read More
Legal Lane, Skanska, Granite Battle in Court Over Florida Interstate 4 Job The design-builders lost $500 million on the job, substantially complete last year James Leggate October 20, 2023 No Comments The design-builders lost $500 million on the reconstruction job, substantially complete last year.Read More
Economics Architecture Billings Fall Steeply in September, Reach New Post-Pandemic Low Historic low demand in the housing market cited as biggest factor Jeff Yoders October 19, 2023 No Comments The AIA/Deltek Architecture Billings Index fell steeply to 44.8 in September. Read More
Transportation Infrastructure House Panel Spotlights Highway Trust Fund's Looming Woes Tom Ichniowski October 18, 2023 No Comments CBO estimates $241B trust fund shortfall for 2024-2033, assuming no revenue increase and spending hikes to reflect inflation.Read More
Clean Energy Seven Hydrogen Hubs Picked for $7B in US Funding to Launch Landmark Network Initiative could cut 25 million metric tons of carbon emissions Debra K. Rubin Mary B. Powers October 15, 2023 No Comments Clean hydrogen industry could propel $43B in private investment and 220,000 new construction jobs, says President Joe Biden.Read More
Environment St. Louis Sewer District's $900M Wastewater Upgrade Aims to Boost Air Quality James Leggate October 12, 2023 No Comments Kokosing-Plocher is the design-build contractor for upgrade of biosolids processing at two wastewater plants.Read More