Ferrovial US CEO: Infrastructure demand outpacing public budgets
Alignment between builder and owner is where alternative delivery creates lasting value, Pepe Baraja said.
Topics: Infrastructure
Entities: Infrastructure
Alignment between builder and owner is where alternative delivery creates lasting value, Pepe Baraja said.
Topics: Infrastructure
Entities: Infrastructure
When a developer sits on both sides of the transaction, it may be incentivized to favor its affiliated builder, even if outside contractors could offer better pricing or quality, writes a construction attorney.
More power, cooling and IT equipment is moving outside data halls in a shift that could help “future-proof” computing facilities, a company executive said.
With deferred maintenance growing and capital dollars stretched thin, local governments are using ESPCs to fund energy and infrastructure improvements through future operational savings.
Topics: Infrastructure
Entities: Infrastructure
While other sectors showed signs of life in April, much of the momentum still flowed through data center and public infrastructure projects.
Topics: Infrastructure
Entities: Infrastructure
The contractor will work via a joint venture with subsidiary Black Construction, which is based on the island.
Local governments have until July 13 to apply for up to $3 million in grants for automated permitting and building code systems.
Construction execs often wear too many (hard) hats. Sharing responsibilities can help reduce bottlenecks, writes a consultant.
Rising material costs have turned preconstruction from overhead into a necessity.
Within a week of Meta investing $115 million, another major data center owner is looking to supercharge the construction education pipeline.
Entities: Google
A former property and asset management official fraudulently awarded construction contracts at CHA properties in exchange for funds, a federal court indictment alleges.
Topics: Housing
Entities: Housing
“Contractors are being hit by a double whammy” of rising materials prices and slower growth in bid prices, said Ken Simonson, chief economist at Associated General Contractors.