The $1.2T IIJA expires Sept. 30. That’s making construction execs nervous.
“If federal funding is reduced or fails to keep pace with growth and inflation, our projects will be postponed,” said Lynn Hansen, CEO of Crowder Constructors.
“If federal funding is reduced or fails to keep pace with growth and inflation, our projects will be postponed,” said Lynn Hansen, CEO of Crowder Constructors.
Kiewit subsidiary Weeks Marine is already mobilized in the Hudson River and expects to begin work on the change order later this year.
Originally scheduled to debut last month, the new span is projected to carry 400 commercial vehicles each hour between Detroit and Windsor, Ontario.
Topics: Infrastructure
Entities: Infrastructure
The New York City-based contractor expects to complete the new, 2 million-square-foot headquarters for American Express in 2031.
The settlement requires Deere to provide farmers and independent repair providers the same equipment repair resources it provides its authorized dealers for the next 10 years, the FTC said.
Most contractors think they have asset visibility. The data says otherwise.
The deal, which is expected to close near the end of the year, will help the Spanish infrastructure stalwart grow its presence in the U.S.
Topics: Infrastructure
Entities: Infrastructure
Once the immediate safety concerns are addressed, a flurry of claims is almost certain for the East 42nd Street conversion project, construction lawyers said.
The capstone represents the first time the city of Lawrence, Kansas, used the CMAR project delivery method on a wastewater project.
Plus, Balfour Beatty invests $13.4 million in a tech venture capital fund and Skanska signs a $94 million contract to build a Virginia data center.
Topics: Infrastructure
Entities: Infrastructure
C.D. Smith Construction was granted a default judgment, potentially leading to the sale of the Edison property, according to the Milwaukee Journal Sentinel.
The order follows an April ruling for $174.6 million against the Los Angeles-based company for breach of contract on the troubled build of the W and Element hotels.