Coronavirus Coverage - Articles - Page 20

COVID-19 and Construction

Army Corps Set to Deliver 28 More COVID-19 Alternate Care Facilities

Agency and FEMA create space for emergency beds even as some governors scale back needs

Jeff Yoders

April 18, 2020

No Comments

Work at some sites will decrease as updated agency modeling shows they won't be needed.

Coronavirus and Construction

Airports Plan to Apply for Shares of $10B in CARES Act Grants

Tom Ichniowski

Aileen Cho

April 17, 2020

No Comments

Because of workforce-retention requirements, most of the funds are likely to go for payroll, not construction.

Coronavirus and Construction

Update: Construction Tops Industries in Paycheck Protection Loan Volume

But SBA says all of the program's funding was exhausted by April 16

Tom Ichniowski

April 17, 2020

No Comments

Updated figures show construction companies received $44.9 million in PPP loans, more than any other industry.

Georgia Power Cuts Vogtle Project Workforce Amid Increase in COVID-19 Cases

Bruce Buckley

April 16, 2020

No Comments

Despite an estimated 20 % reduction in site workers, utility hopes to maintain the project's current schedule.

Whistleblower Suit Dismissed Against AECOM on $1.9B U.S. Army Contract

Mary B. Powers

April 16, 2020

No Comments

Federal judge rejects former finance manager's charges of overbilling and other violations, citing "underlying invalidity of the merits."

Boston Mayor Considers Bringing Construction Back, Slowly

Martin J. Walsh to discuss lifting city's COVID-19 construction ban with local industry leaders

Scott Van Voorhis

Justin Rice

April 16, 2020

No Comments

Mayor Martin J. Walsh is considering a slow lifting of the building ban he instituted in March to reduce the risk of spreading COVID-19.

Industry M&As Take COVID-19 Hit, But Deals Aren't Dead Yet

Debra K. Rubin

April 15, 2020

No Comments

Industry brokers say the virus has not cancelled transactions but has put the brakes on speed of completion, with valuation uncertainties; U.S. payroll loan could also complicate sales.

Feds' Construction 'Economic Revival' Team Picked as Eased Social-Distance Guidance Goes to States

Erica Berardi

Debra K. Rubin

April 15, 2020

No Comments

Construction firm, union and trade group execs will provide post-COVID-19 market startup advice while Trump tells governors: "You're going to call your own shots."

Energy, Power, Health Care Face COVID-19 Downgrades, Disruption

Mary B. Powers

April 15, 2020

No Comments

Energy majors, whose CEOs met with President Trump April 3 over falling prices, are among 300 firms in hard-hit sectors hit with ratings cuts, S&P Global Ratings said in an April 8 webinar.

New U.S. COVID-19 Paid Sick Leave Law Has Lots of Gray

Bruce Buckley

April 15, 2020

No Comments

With the federal Families First Coronavirus Response Act in effect on April 1, design and construction firms are grappling with new provisions for emergency paid sick leave and paid family medical leave.