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CEO also is bullish on its small nuclear reactor unit despite a just-canceled key US project due to higher projected power cost.

American Institute of Architects/Deltek Architecture Billings Index shows the third consecutive monthly billings decline for U.S. architecture firms. 

Transaction, set to close by third quarter next year, would create new public company with more than 53,000 employees, of which Jacobs shareholders would have a 63% ownership stake.

A commentary about key issues raised and talked about by attendees at the 2023 International Risk Management Institute construction conference this month.

Firm execs cited “extensive lead times across critical components” in late 2027 start of Zachry-built scaled-up project in Texas Permian energy region, In mid-November earnings call.

Officials have increased the maximum strike price for future projects following September auction that had no lease site bidders.

Expert Tara Albin, midwest cyber leader for a unit of broker Willis Towers Watson, says Insurance carriers have more experience underwriting risks.

Quebec $2.9B project would produce 70,000 tons annually by 2028, while the B.C. project, valued up to $7B, would be one of the largest Indigenous energy projects in Canada.

Employers say the change would give union representatives access to nonunion jobsites and create safety liabilities.

In just unsealed whistleblower complaint, former site construction manager says utility owner of over-budget Kemper project in Mississippi defrauded the U.S. Energy Dept. of hundreds of millions in funding.