Risk - Articles - Page 52 | Engineering News-Record

Companies

Italy's Webuild Cancels Acquisition of Australian Contractor Clough

December 5, 2022

Planned $237M purchase ends after few weeks, with Italian contractor missing deadline for $20M loan to prop up Clough finances, and "no reasonable prospect" of deal being completed, firms say.

Clean Energy Tariffs

Solar Exporters Evaded Duties on Chinese Components, US Rules

Mary B. Powers

December 3, 2022

No Comments

Despite Dec. 2 Commerce Dept. probe finding, Biden earlier order postpones until June 2024 tariffs for project use of solar modules and cells imported from four Asian countries.

Legal

Contractor Sues Golden Gate Bridge District Over Suicide Net Project

James Leggate

December 2, 2022

2 Comments

Shimmick/Danny’s Joint Venture says the project is now expected to cost more than double the price of its contract and finish about five years late.

Legal

Firm Pays $8.4M to Settle Hurricane Restoration Contract Case

James Leggate

December 1, 2022

No Comments

U.S. Army Corps of Engineers district hired PowerSecure Inc. in 2017 via a sole source time-and-materials contract for power grid repair and restoration in Puerto Rico after Hurricane Maria, but the government says the firm improperly withheld pricing data.

Project Management

Construction Groups Say Rail Strike Would Disrupt Fragile Supply Chain

House has passed a bill to impose an agreement to avert a Dec. 9 walkout

Jeff Yoders

November 30, 2022

No Comments

US House of Representatives passed a bill to avert a rail shutdown by Dec. 9 that would affect construction and other industries, but the Senate must also pass it before the deadline.

Construction Technology

nPlan Promises Better Risk Management Through AI for $11B UK Rail Project

London startup believes its technology can eventually replace QSRA

Peter Reina

November 30, 2022

One Comment

nPlan's AI project risk management is being used on an $11-billion UK rail program. The company is looking to eventually replace traditional construction risk-prediction methods.

Toxic Spill

Court Clears Contractor Weston Solutions of Mine Spill Liability

Mary B. Powers

Debra K. Rubin

November 29, 2022

No Comments

Firm was EPA contractor at defunct Gold King mine in Colorado when 3 million gallons of toxic wastewater spilled into nearby rivers and states.

Climate Change Policy

Revised NJ Proposal Tightens Flood Zone Building Rules

Stephanie Loder

Debra K. Rubin

November 24, 2022

No Comments

State changes, scaled back from 'emergency' status and set for Dec. 5 official release, would raise first-floor elevations and expand flood zone boundaries unchanged since 1999.