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Contractor Shimmick/Danny's Joint Venture still has claims pending against the owner over alleged breach of contract.

Pay hikes for construction staff remain at a historically high rate, even as some sectors could see a future slowdown in project starts.

ENR’s Construction Industry Confidence Index fell four points this quarter, to a rating of 40. Confidence in the current construction market is virtually unchanged, but execs have become more pessimistic about the short- and medium-term future.

Prices for used construction equipment have continued to show signs of stabilizing over the last few months, a trend also seen in other heavy equipment categories.

Despite inflation, labor shortages and other troubles plaguing the construction industry, some sectors continue to thrive, but others face difficulties as demand for growth slows.

Energy contractor Petrofac, with new CEO Tareq Kawash, will execute contract to expand the large Habshan gas processing complex in Abu Dhabi, one year after its suspension ended in UAE, Iraq and Saudi Arabia related to bribery incidents by former executives.

Rainstorm brought significant damage in four states, and the death of a New York engineering firm manager.

The project, originally expected to complete this year, is now scheduled to finish in 2027 at an estimated cost of $2.77 billion.

Japan's plan to discharge treated wastewater from the stricken plant into the sea would have "negligible" health and environmental impacts, says International Atomic Energy Agency.

Terms were not disclosed of the civil settlement with plaintiffs, but it "will allow LAN to put this matter behind them and focus on their future," an attorney says.