In three-year delay, companies cite “changing market conditions and subsequent high cost inflation” for drilling project after FEED contract award in April to engineers KBR and Hatch.
State will enact nation-leading requirements next month to boost first floor building elevations for most
new or renovated projects that are based on
“predictive precipitation modeling” of future flood impacts, not historic
trends.
HOK Sports + Recreation + Entertainment is architect for the stadium, estimated to cost at least $1.4B, with Barton Malow and AECOM Hunt named to manage preconstruction.
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
Chief of the Federal Permitting Improvement Steering Council, with a track record in public procurement and private development, shares insight on how agency guides the government's behind the scenes push to expedite project approvals.
Lane-Webuild JV breached its contract, says South Florida Water Management District in a May 30 court filing that seeks to recover claimed additional costs from project delays.
But Biden, legislators punt on broad transmission expansion in deadline-pushed debt ceiling compromise bill that is set for House and Senate votes this week.
U.S. Energy Dept. did not detail why it withdrew its conditional loan to Texas-based Microvast made last year for a $500M plant in Kentucky, but the firm's founder disputes Congressional allegations of alleged ties to the Chinese government voiced in letters to the agency since last year.