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Construction industry news, trends for building professionals

AGC panel posits ways contractors can survive in a time of 'peak disruption'

Tech leaders from Skanska, Mortenson, McCarthy and more are conferring strategies for maximizing innovation and investment at an Associated General Contractors event in Chicago this week.

At least 39 dead in Italy bridge collapse, as public, government search for answers

The finger-pointing has already begun, with the contractor and lack of bridge investment and maintenance included as targets.

3 cost-free ways to handle late payments

With 3.3 percent of total project costs attributed to handling late payments, subcontractors look to improve their cash-flow management. 

New NTSB report on FIU bridge collapse stops shy of naming a culprit

The investigation has unveiled photos showing fissure-like cracks, but has still not named a probable cause of the deadly March collapse.

Business Toolbox: When should contractors say no to new business?

Construction companies are often reluctant to turn down work, but seasoned contractors and accountants say there are some good reasons to walk away.

US has fewer structurally deficient bridges than 10 years ago

ASCE's 2017 report card for infrastructure indicated 9% of bridges were structurally deficient compared to 12% around a decade ago.

Stantec-Hensel Phelps finishes part of $741M border facility

The 100,000-square-foot pedestrian processing building at the U.S.-Mexico border in San Ysidro, California, represents the second of three phases.

Tech Toys: Autodesk's Navisworks integrates with VR, Procore debuts Field Productivity line and more

Other new digital tools include real-time hoist car monitoring, Motorola's two-way radio and a hardhat tech device that targets worker productivity and safety.

Myriad technologies help KEF Infra lead modular

The newest Katerra acquiree is honing its market position with sensors, connected devices, various software applications and robots.

Startup focused on AI for infrastructure scores $4.5M funding

SenSat's product learns from a virtual representation of the jobsite to present project teams with the most efficient course of action.

Raiders' Las Vegas stadium bridge could alter I-15 plans

The pedestrian bridge could interfere with previous Nevada DOT plans for a high-occupancy vehicle off-ramp in the same area.

Costs to rebuild Portland, Oregon, schools approach $1B

The cost estimate is $190 million more than voters approved last year, which the former interim superintendent partially attributes to President Donald Trump's tariffs and the local building boom.

AR allowed concrete company to catch flaws in design

Elements to prevent bird nesting had been omitted on a bridge model, but an augmented reality tool revealed the error before construction began.

Tutor Perini's Q2 backlog a record $8.7B

Although its earnings declined 14.5% to just under $28 million, its current and future contracts value increased 15% from the same quarter last year. 

Transit group: Trump administration behind on $1.4B funding

Transportation for America said the Federal Transit Administration has awarded only $25 million of the nearly $1.4 billion allocated in its appropriations bill. 

Guam amid U.S. military-driven $8.7B construction boom

When the approximately 60 projects are complete, around 4,100 U.S. Marines based in Japan will be able to relocate to the U.S. island territory.

Jacobs to oversee $410M Omaha school construction program

Board members unanimously approved a consent agenda recommending the project management firm over finalists Skanska USA and Project Control.

AECOM hit record $5B revenue, earned $61M in Q3

Despite the sales boost, the construction giant's income was down nearly 40% from the prior year's third quarter. An executive said the firm is trying to narrow its focus rather than "being all things to all people."

Lawmakers push for innovative materials in national infrastructure

The IMAGINE Act calls for new asphalt and concrete formulations, advanced alloys and metals, reinforced polymer composites and aggregate, geosynthetic and other materials meant to accelerate construction times and last longer.

AIA predicts nonresidential spending growth through 2019

The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.



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