Federal Legislation New Stopgap Keeps Government Open for Another Week Tom Ichniowski December 11, 2020 No Comments Dec. 11 extension gives Congress more time to negotiate omnibus spending and coronavirus relief measures.Read More
Coronavirus and Construction Update: SBA Issues New PPP Guidance After AGC Sues Contractor group also challenged OMB on legality of loan-forgiveness eligibility questionnaire Tom Ichniowski December 9, 2020 One Comment Contractor group challenges legality of loan-forgiveness eligibility questionnaire and process for developing it.Read More
Public-Private Disappointment Lawsuit Marks Pennsylvania County's Souring Bridge P3 Experience Richard Korman December 4, 2020 No Comments Northampton County seeks to remove some bridges from a public-private partnership agreement covering more than 30 bridges.Read More
Companies Consultant Golder Set to Be Newest WSP Unit in Announced $1.14B Deal Debra K. Rubin December 3, 2020 No Comments Design giant's purchase of leading environmental expert firm will boost its position and client base as climate change drives market.Read More
Dealmaking Jacobs, STO Building Group Add New Assets and Operations Debra K. Rubin November 30, 2020 No Comments In Nov. 30 deals, designer to spend $2.4B on next-gen consultant stake, while builder puts a Seattle contractor in its construction network.Read More
Maryland, P3 Team Ink $250M Pact on Disputed Purple Line Jim Parsons Debra K. Rubin November 25, 2020 No Comments Agreement appears to settle litigation and cost issues for Fluor, which officially leaves the project; cost allocation, design liablity, schedule await resolutionRead More
Federal Construction Capitol Hill Talks Could Set Fiscal 2021 Construction Funding Tom Ichniowski November 17, 2020 No Comments House-Senate staff negotiations are continuing, with hopes of an agreement before Dec. 11 deadlineRead More
2020 Election Biden Transportation Adviser Outlines Possible Plans for Highways, Transit, Rail Tom Ichniowski November 12, 2020 One Comment John Porcari says president-elect's plan seeks quick-starting short-term projects, as well as "transformative" long-term onesRead More
Skanska Continues US P3 Concession Exit With Sale of Va. Toll Tunnels Jim Parsons November 12, 2020 No Comments Contractor sells 50% equity stake in Elizabeth River Crossings to Spanish toll road manager Abertis in $2.4B deal, but team will manage O&M.Read More
Starts Will Slowly Climb in 2021 After Sharp Drop in 2020, Dodge Reports Single-family housing and warehouse sectors will drive construction in the coming year Alisa Zevin November 11, 2020 No Comments Assuming the availability of a COVID-19 vaccine and significant government stimulus, Dodge forecasts total construction starts to rise 4% in 2021.Read More