As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.
The largest investment, $975 million, would go toward upgrading the Southwest Corridor parallel to I-5, and includes an 11-mile extension of the MAX light rail line.
The consortium, led by global infrastructure owner-developer John Laing Investments Ltd., will design, build and finance the new 18-km, 19-stop light rail transit line.
Liberals hang on despite overheated political scandals, but action on climate change, transport and pipeline building will need deals across party lines.
Design-builder SNC-Lavalin, caught up in election fray, sees shares soar 14% on speculation reshaped government will settle long pending bribe charges.
The James B. Garrison Bridges crossing the Lake Tillery reservoir, east of Charlotte, N.C., are undergoing a $20.1-million design-build rehabilitation that will improve safety while preserving the bridges’ past.