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Economists Expect Steep Dip in GDP, Construction Markets Due to COVID-19

Alisa Zevin

March 26, 2020

While construction impacts may be less in the short term than other industries, experts say there's more long-term risk that future projects will be slower to move forward.

Risk Management

Coronavirus Pandemic Finance for Contractors: The Major Issues

How construction firms must navigate cash, insurance collateral and delay issues

Richard Korman.jpeg

March 25, 2020

Insurance and risk-control leaders on the best moves for this phase of the emergency.

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Involuntary Manslaughter Plea in Fatal Wildfire Case Costs Calif. Utility $4M

March 24, 2020

PG&E filed Camp fire pact as part of its bankruptcy restructuring, which includes new mitigation strategies for the 2020 wildfire season such as community microgrids.

Industry Workshop Focuses on Calif. Infrastructure For 2028 LA Olympics

Aileen Cho

March 23, 2020

Global event will require smart-city technologies and billions of construction that will start during the current COVID-19 pandemic, firms said at recent conference.

ENR 1Q Cost Report Executive Compensation

2020 1Q Cost Report

Construction Exec Pay Rose 4.2% in 2019, a Big Yearly Gain

March 18, 2020

Construction executives continue to make strong annual gains in compensation, particularly those willing to sign on with new employers.

Warren Buffett Pulls $3B Canada Gas Line Stake

Scott Van Voorhis

March 18, 2020

Mega-investor cites rising nationwwide environmental protest but owners seek new money and will proceed.

McDermott offshore rig

McDermott Bankruptcy Filing Gets Court OK

Debra K. Rubin

March 18, 2020

How will contractor's restructuring succeed in a changing oil and gas market?

Portal Bridge North

Trump Administration Flashes New Caution Light for NJ Bridge Funds

Justice Department legal opinion could hold up Portal Bridge replacement

Richard Korman.jpeg

March 9, 2020

Feds have consistently blocked any federal dollars to replace nearby aging Hudson River tunnel

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States Sue to Block Trump on New $3.8B Border Wall Fund Shift

March 8, 2020

19 state attorneys general charge that diversion halts milcon projects and disrupts national guard ops in their states, with economic impact.

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Tutor Perini Considers Sale Offer

Big contractor confirms board committee is evaluating a buyout

Richard Korman.jpeg

March 3, 2020

Ronald Tutor would remain at the helm after a sale, company says.

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