Finance - Articles - Page 58 | Engineering News-Record

Federal Funding

Construction Groups Oppose Trump's Move to Delay Stimulus Package

The President Announces No Funds Until After Election Day, then Backtracks

Tom Ichniowski

October 7, 2020

2 Comments

Construction groups and industry officials say decision to pull out of stimulus negotiations will cause severe harm.

Canada Unveils $7.5B Project Spending Plan as New COVID-19 Stimulus

Scott Van Voorhis

October 4, 2020

No Comments

Investment focuses on renewable energy and building efficiency, but concerns are raised over lack of core infrastructure and oil and gas spending; wage subsidy program is extended

French Building Giant Vinci Offers $6B for Energy-Industrial Unit of Spain's ACS

Peter Reina

October 2, 2020

No Comments

Spanish firm agreed to negotiate the non-binding offer for the unit, which focuses on P3 project development, construction and operation.

Transportation Infrastructure

Near Deadline, Trump Signs Spending Bill With 1-Year Highway-Transit Extension

Tom Ichniowski

September 30, 2020

No Comments

Ten-week CR averts government shutdown, also adds $13.6 billion to ailing Highway Trust Fund.

Fluor Reports $1.7-Billion Loss in Delayed Release of 2019 Corporate Results

Debra K. Rubin

September 26, 2020

No Comments

Report follow months-long internal and outside reviews of project charges; execs say firm stays in energy sector with tougher bid controls

Transportation Infrastructure

Highway-Transit Extension is a Plus, but Won't Narrow Needs Gap

Tom Ichniowski

September 23, 2020

2 Comments

New ASCE report says highway capital spending must rise 29% over 30 years to erase backlog.

Transportation Infrastructure

House Passes Stopgap Spending Bill, With 1-Year Highway-Transit Extension

Tom Ichniowski

September 22, 2020

No Comments

Pelosi, White House strike deal clearing path to enactment that would keep funds flowing through Dec. 11.

Maryland Presses On With Purple Line As P3 Team Files New $100M Lawsuit

Jim Parsons

September 16, 2020

No Comments

State will start 'short term' construction plan in mid-October for disrupted $2B rail job, claiming new contractor interest to take over wotk; developer suit seeks delay payment.