Monthly Archives: August 2024
Aug
View the Full Post Here Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Rhode Island awarded a $625 million contract to address 15 ailing bridges along I-95 to a joint venture, Rhode Island DOT spokesperson Charles St. Martin said in an email. The […]
Aug
View the Full Post Here For another consecutive quarter, the total U.S. hotel construction pipeline grew to new highs. In the second quarter of 2024, the total hotel pipeline reached a record 6,095 projects, or 713,151 rooms, growing 9% and 8% year over year, respectively, according to a trends report by Lodging Econometrics. Sequentially, projects […]
TWIA Commercial Property & Casualty
Purdue University’s capital plan includes $239M for construction and renovation
Aug
View the Full Post Here Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Purdue University trustees approved a 10-year capital plan Aug. 2 to guide its state funding requests for the 2025 to 2027 period, according to a news release. The plan prioritizes […]
Aug
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TWIA Commercial Property & Casualty
Tutor Perini sees ‘major project opportunities,’ but settlement drags down profits
Aug
View the Full Post Here Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. The trick as an infrastructure contractor today isn’t necessarily finding enough work to make a living. It’s also hashing out disputes with your owners and getting paid for the job once you’re […]
TWIA Commercial Property & Casualty
New York transit chief paints grim picture for MTA without congestion pricing revenue
Aug
View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. The New York Metropolitan Transportation Authority’s operating budget could take more than an $800 million hit beginning next year as a result of the indefinite halt placed on the state’s congestion pricing program by […]
Aug
View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Fluor CEO David Constable reiterated a positive outlook on data center construction during the firm’s second quarter earnings call on Friday, highlighting strong demand due to rapid growth in cloud technology and […]
Aug
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