Risk - Articles - Page 95 | Engineering News-Record

Risk Management

Prices Rise Sharply as Clouds Darken Construction Insurance Market for Buyers

Richard Korman

May 12, 2021

No Comments

Brokers report increases in major coverage types, with highest in excess and umbrellas.

Financial Reports

AECOM Reports Solid Q2 2021 Net Income

Financial performance in the quarter improves to $45.3 million

Richard Korman

May 10, 2021

No Comments

Troy Rudd, company chief executive officer, noted the uneven pace of economic recovery.

Energy Construction

Trans Mountain Oil Line Can Hide Insurer Names, Canada Regulator Says

Scott Van Voorhis

May 10, 2021

No Comments

Ruling comes as opponents target its $10.2B expansion that includes pressure on insurers to cut ties; Lloyd's of London unit will drop the project in August

Pay Inequities Are a Symptom of Broader Gender Biases, Studies Show

Groundbreaking Women in Construction conference addresses industry diversity, inclusion challenges ahead

May 9, 2021

Inclusion and equity drives bottom line results, said experts at ENR talent development conference May 4-6.

Acquisitions

Energy Builder MasTec Boosts Pivot In $420M Power Firm INTREN Buy

Debra K. Rubin

May 6, 2021

No Comments

Link creates $8B operation that pushes leading pipeline contractor toward other niches and is industry's largest minority and woman-owned company.

Feds to Repair Damage From Halted Border Wall Work in Texas, California

Mary B. Powers

May 5, 2021

One Comment

Homeland Security Dept. moves on Rio Grande levee breaches after locals push back; amounts of Biden cancelled wall contracts held by firms are tallied.

Coronavirus and Construction

Why Construction Workers Aren't Rushing To Get Vaccinated

Richard Korman

May 5, 2021

No Comments

A new study asked virus-hesitant workers to explain their anti-vaccine inclinations.

Best GDP Rise Since 1984 Seen This Year, Credit Suisse Expert Tells Industry

Debra K. Rubin

Alisa Zevin

May 4, 2021

No Comments

Post pandemic world "looks pretty good," industrials analyst Jamie Cook said May 4 at ENR on line GWIC workforce conference.

Structural Failures

Answers Sought in Mexico City Overpass Collapse

International structural experts will be asked to investigate

Jim Parsons

May 4, 2021

2 Comments

The overpass collapse occurred on a mostly elevated section of Line 12 that began construction in 2008 and cost $1.7 billion to complete.

Ferrovial Team Falls Short on Maryland P3 Bid Protest

Jim Parsons

May 4, 2021

No Comments

Spain-based contractor is appealing decision against its protest charge that winning highway expansion bidder Transurban/Macquarie gamed the evaluation criteria