Finance - Articles - Page 54 | Engineering News-Record

Canada Launches $15B Infra Spend Plan, Despite Bottlenecks in Old One

February 10, 2021

Trudeau government announces new 'permanent' transit fund to insure project certainty as national industry coailtion aims to boost funding flow

Coronavirus & Construction

Global Survey: Infrastructure, Residential Work Driving Recovery

February 9, 2021

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Survey respondents in North America expect workloads in 2021 to continue to rebound.

Construction Litigation

Fluor-Led NY Bridge Team Lawsuit Fires New Volley at State Thruway Authority

Richard Korman

February 8, 2021

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Consortium seeks more than $900-million payment for change orders in construction of the Mario M. Cuomo Bridge across the Hudson River.

As COVID-19 Continues to Shape Outlook, Economist Predicts Mid-2021 Recovery

Alisa Zevin

February 8, 2021

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Following a V-shaped recovery in the third quarter of 2020, economic growth has slowed. Amid pandemic's third wave, vaccines bring hope for the second half of 2021.

Design Sector Adds Nearly $600B to GDP, ACEC Study Says

Alisa Zevin

Debra K. Rubin

February 7, 2021

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Engineering and architecture supported 4.5 million direct and indirect jobs and $311 billion in total company and supply chain wages, says American Council of Engineering Cos. in what it terms a first-of-its kind economic analysis.

COVID-19 Impacts Bottom Line of Two Euro Giants

Peter Reina

February 5, 2021

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French contractor Vinci Group reports 14% drop in domestic construction revenue last year, while Sweden-based Skanska AB says cost control drove margins up 2.5%

Nonresidential Spending Falls in December

February 3, 2021

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Spending in the nonresidential sector has been falling for several months, says ABC

Biden Administration

Buttigieg Confirmed as DOT Secretary as Infrastructure Plan Looms

Tom Ichniowski

February 2, 2021

One Comment

Senate approves former South Bend, Ind., mayor on a strong 86-13 vote.

Construction Risk Management

Can a New Construction Insurance Policy Cut Delay and Estimating Risk?

Richard Korman

February 2, 2021

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An insurance giant says its new project loss insurance can address estimating errors.

Canada, UK Governments Boost Mega-Battery Storage Projects

Scott Van Voorhis

February 1, 2021

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Ontario 250MW facility, Canada's largest, could get federal infrastructure bank investment, while U.K. regulators approved record-size lithium-ion storage project in November.