The private developers of Kansas City, Mo.’s new airport terminal have adjusted the project’s cost, estimating that the $964-million public-private venture approved by voters in November 2017 will now require as much as $1.4 billion.
The U.S. Army Corps of Engineers identified 3,840 candidate restoration projects for the Chesapeake Bay in a comprehensive water-resources and restoration plan released June 14.
The East Valley Water District has received approval and funding for a $126-million wastewater treatment plant that will produce high quality recycled water in Highland, Calif.
Bentley Systems Inc. said on June 20 that it has acquired Synchro Software, a London-based 4D scheduler and construction planning tool championed by its CEO, Tom Dengenis, since 2007 for use on major, high-risk projects worldwide.
Canada has prided itself on innovative use of public-private partnerships to build major infrastructure projects. But critics, including public employee unions, argue in new analyses that P3s cost taxpayers more than government procurement methods.
The joint venture of American Bridge and Fluor Corp. has reached a settlement valued at $34 million with the California Transportation Dept. (Caltrans) to end a five-year dispute involving faulty seismic anchor rods used for the $6.5-billion San Francisco-Oakland Bay Bridge rebuild.
While a new report forecasts spending on North American pipelines and midstream infrastructure will begin declining after next year, at least one engineering firm sees significant near-term activity, partly on higher oil prices.
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