Project delivery

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As interest rate hikes slow market inflation, more owners turn to third-party managers to weigh project costs and seek savings.

Former MTA Capital Construction chief navigated challenges both technical and political to guide completion of billions of dollars in projects to keep millions of city residents and visitors moving.

CM of 3.5-million-sq-ft American Dream retail-entertainment venue seeks funds for unpaid invoices and interest.from lead lender JP Morgan Chase, as agent for financially struggling project developer.

The hastened work to reopen the highway involved numerous quick decisions by public and private sector participants.

Speculated water utilities deal is official, following federal trial halt June 5 of a $100-million claim by Stuart, Fla., which seeks to recover from chemicals firm mitigation costs to reduce contamination in its drinking water supply.

The firm has signed two agreements with Ukrainian officials related to project management, cost estimating standards and gaining investors for the country's plans to rebuild infrastructure damaged by the Russian invasion.

Water sector professionals met in Toronto to discuss challenges of aging infrastructure, climate change and replacement of lead and copper water service lines.

Eight-lane immersed tube tunnel is set to replace the George Massey Tunnel south of Vancouver. 

Bid protest by Atkins-Jacobs-Westinghouse competing team is key factor in megacontract dispute, but neither the judge, companies nor U.S. Energy Dept. will comment on the invalidated contract or on what will happen next.

Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and construction management-at-risk revenue.