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.
The invitation for expression of interest did not state what gauge the new line will be, but in Ghana almost the entire existing rail system is narrow gauge.
Some key federal water accounts got sizable spending hikes in 2018, thanks to shares of a Capitol Hill budget deal’s $10-billion overall infrastructure bonus.
Wind and solar energy will supply almost 50% of the world’s electric power generation by 2050, Bloomberg New Energy Finance forecasts in its annual long-term analysis of the global electricity system released June 19.
Massachusetts’ high court has ordered a state superior court to reassess facts in a pay dispute on an overbudget and late-running $90-million fiber-optic project for a state agency.
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