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Finance

How AECOM Made 2018 Taxes Vanish

The benefits that helped the corporation avoid paying are all legal

Scott Van Voorhis

May 15, 2019

No Comments

Pinning down the legal moves that helped AECOM pay no 2018 corporate tax.

US Infrastructure

Hoyer: Trump Must Take Lead on Infrastructure Funding Solution

Tom Ichniowski

May 13, 2019

No Comments

President and top Democrats expected to meet by end of May to discuss infrastructure finance options.

Companies

In May 8 Stock Offering, Parsons Corp. Nets $500M

Debra K. Rubin

May 9, 2019

No Comments

As it grows a lucrative government services and cybersecurity business, the design firm seeks cash beyond its ESOP

Study: Housing Costs Squeeze California’s Labor Supply

Erica Berardi

May 8, 2019

No Comments

Longer commutes impact incomes and workforce management

Companies

As Fluor Numbers Tumble, New Leadership Faces Challenges

Debra K. Rubin

May 5, 2019

2 Comments

Project execution issues and missed earnings trigger chief David Seaton's surprise departure; top legal officer Carlos Hernandez is interim CEO.

Guarantees

Surety Bond Producers Keep Eye Out For Illegal Waivers

A report from the annual convention of surety brokers and agents

Richard Korman

April 24, 2019

One Comment

Comment letters go out from time to time about laws and rules requiring bonds on state and local projects.

Toronto Contractor Bondfield Wins Court Protection as Project Woes Mount

Scott Van Voorhis

April 24, 2019

No Comments

Industry default claims hit record high in Canada, records show.

Jacobs Adds To Its Government Cybersecurity Business

April 24, 2019

No Comments

Jacobs (NYSE: JEC) added another government cybersecurity contracting business by announcing a deal to acquire KeyW for $11.25 a share and assumption of debt.

Struggling Astaldi Announces Defaults on Florida Highway Contracts

Scott Judy

April 10, 2019

No Comments

The contractor, which filed for creditor protection last October, informed the Florida Dept. of Transportation of its voluntary default on March 28.

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Finance

Fast-Growing Ohio Contractor Defaults On Projects

Finance
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How AECOM Made 2018 Taxes Vanish

Hoyer: Trump Must Take Lead on Infrastructure Funding Solution

In May 8 Stock Offering, Parsons Corp. Nets $500M

Study: Housing Costs Squeeze California’s Labor Supply

As Fluor Numbers Tumble, New Leadership Faces Challenges

Surety Bond Producers Keep Eye Out For Illegal Waivers

Toronto Contractor Bondfield Wins Court Protection as Project Woes Mount

Jacobs Adds To Its Government Cybersecurity Business

Struggling Astaldi Announces Defaults on Florida Highway Contracts

Fast-Growing Ohio Contractor Defaults On Projects

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The latest news and information

#1 Source for Construction News, Data, Rankings, Analysis, and Commentary

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