Federal auditors say U.S. Energy Dept. PM inexperience led to the estimated final cost of the Mixed Oxide Fuel facility in South Carolina rising to $17.2 billion from its original $4.8-billion estimate, and its planned finish pushed out 32 years.
It’s gotten to the point that when we mention Lean Construction to a subcontractor, we get an eye roll rather than an enthused response, and that’s troubling.
Terry Morgan's ouster as chair of HS2 and Crossrail comes as the latter London tunnel line faces a new $2.5-billion budget hole and a likely finish beyond 2019.
The multibillion-dollar completion of a nuclear unit at the Tennessee Valley Authority’s unfinished 1,260-MW Bellefonte plant in Alabama is in limbo after the federal power producer refused to complete its sale to Nuclear Development LLC, which has since filed a breach of contract complaint in federal district court.
As Amazon’s decision to split its second headquarters between New York City and metropolitan Washington, D.C., draws plaudits and criticism regarding incentives used to lure the e-commerce giant, contractors are weighing the impacts of major new construction programs in what are already the nation’s top two construction markets.