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Engineering News Record on Finance

Below is a list of the articles on Finance published by Engineering News-Record. Articles are sorted by their Publication date. Click on the article title to view additional information and purchase options.
Big L.A. Developments Move Closer to Reality - McGraw-Hill Construction | ENR
Although they are still far from starting construction, much less completion, two significant Los Angeles redevelopment projects took major steps forward this month: one, a Frank Gehry-designed urban distr
Publication Date: 18 February , 2007
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Senate Approves 2007 Spending Package With Full Highway Funding - McGraw-Hill Construction | ENR
With a deadline approaching, the Senate has approved a $463.5-billion spending package that finances most federal agencies through the end of the current fiscal year, including full funding of the federal
Publication Date: 15 February , 2007
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Bush Proposal Faces Battle in Congress - McGraw-Hill Construction | ENR
Construction industry groups see little to cheer in President Bush’s $2.9-trillion budget proposal for fiscal year 2008. The spending plan, sent to Congress on Feb. 5, recommends hiking accounts such
Publication Date: 12 February , 2007
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Bush's Budget Plan: Boosts For Some, Cuts For Others - McGraw-Hill Construction | ENR
President Bush's fiscal year 2008 budget proposal has welcome news for some federal construction programs but disappointing numbers for others.
Publication Date: 12 February , 2007
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The Numbers Behind Balfour Beatty's Centex Deal - McGraw-Hill Construction | ENR
Centex Corp. had been shopping its commercial construction unit to prospective buyers for some time but started moving toward a decision in the last several months. The company wanted to concentrate on ho
Publication Date: 12 February , 2007
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U.S. Seeks Program Manager For Huge South Korea Effort - McGraw-Hill Construction | ENR
Amid still swirling global politics and changing American military priorities, the U.S. and South Korea are closing in on selecting  a program management team for an estimated $10-billion construction
Publication Date: 12 February , 2007
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PBSJ Takes Steps To Leave Embezzlement Scandal Behind - McGraw-Hill Construction | ENR
Nearly two years after Tampa-based engineer The PBSJ Corp. uncovered a high-level internal embezzling ring that inflated overhead on public-sector projects, the firm is repaying clients, elevating fiscal a
Publication Date: 05 February , 2007
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China Shows Strength At World of Concrete - McGraw-Hill Construction | ENR
Construction may be coming down from record homebuilding highs, but commercial activity is still pushing suppliers to keep up. Globally, China is trying to establish itself in North American markets. Also,
Publication Date: 05 February , 2007
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Pennsylvania Fines Developer Following Landslide - McGraw-Hill Construction | ENR
Pennsylvania’s Dept. of Environmental Protection has proposed a $470,000 fine against a developer after sitework for a new mall on a hilltop outside of Pittsburgh triggered a Sept. 19 landslide along
Publication Date: 05 February , 2007
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title - McGraw-Hill Construction | ENR
Nearly two years after Tampa-based engineer The PBSJ Corp. uncovered a high-level internal embezzling ring that inflated overhead on public-sector projects, the firm is repaying clients, elevating fiscal a
Publication Date: 05 February , 2007
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Contractors Find That Leaders Are a Precious Commodity - McGraw-Hill Construction | ENR
In this time where there seems to be more work than people to do it, the search for new talent in the industry has been well-documented. The search for leadership is no less intense, as construction firms
Publication Date: 29 January , 2007
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Another Venerable Boston Contractor Calls It Quits - McGraw-Hill Construction | ENR
George B.H. Macomber Co., a 103-year-old Boston construction firm, is closing its doors at month’s end. A tough business environment coupled with a fatal accident last year sealed the firm’s fa
Publication Date: 29 January , 2007
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Doubtful Lawmakers Hear About Iraq Rebuilding - McGraw-Hill Construction | ENR
As the Bush administration prepares to ask Congress for $1.7 billion more to carry out a revised plan for continuing reconstruction in Iraq, a top State Dept. official has made clear that local firms will
Publication Date: 29 January , 2007
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New Jersey School Agency Could Not Allow Sub Changes - McGraw-Hill Construction | ENR
New Jersey’s school construction agency had no authority to allow bidders on projects to substitute the mechanical subcontractors they named in their bids with others, a state appeals court has ruled
Publication Date: 29 January , 2007
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Warranty Disclaimers for Window Parts Were Binding - McGraw-Hill Construction | ENR
Disclaimers of warranties contained in a window parts manufacturer’s catalogues and invoices protected the manufacturer in a lawsuit by a buyer over alleged defects in the parts, an Illinois court ru
Publication Date: 29 January , 2007
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Concrete Paving Advocates Claim Asphalt's Cost Edge is Smaller - McGraw-Hill Construction | ENR
The Portland Cement Association claims high crude oil prices and refinery improvements are causing transportation agencies to abandon asphalt in favor of concrete for paving.
Publication Date: 27 January , 2007
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CEMEX Raises Rinker Buyout Offer - McGraw-Hill Construction | ENR
CEMEX’s takeover bid for Australia-based Rinker Group Ltd. is still alive and kicking, according to sources at this week’s World of Concrete show in Las Vegas.
Publication Date: 26 January , 2007
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PBSJ Settles Federal Fraud Claims - McGraw-Hill Construction | ENR
The U.S. Justice Dept. and The PBSJ Corp., Tampa, have reached agreement to settle federal fraud claims related to overstated overhead rates on several federal contacts that arose from an embezzlement sche
Publication Date: 25 January , 2007
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Sources: Falling Rebar Prices Due for Upswing - McGraw-Hill Construction | ENR
Rebar prices are due for a modest upward swing soon, say sources at the World of Concrete trade show at the Las Vegas Convention Center. They say that rebar prices in the U.S. are poised for another increa
Publication Date: 25 January , 2007
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Bush Seeks Rebuilding Shifts, Plus 20,000 More Troops - McGraw-Hill Construction | ENR
After President Bush’s Jan. 10 speech outlining a new U.S. strategy in Iraq, most of the focus and congressional reaction, centered on his decision to send more than 20,000 additional U.S. troops to
Publication Date: 22 January , 2007
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Consolidation Trend in 2007 Starts with a Bang in January - McGraw-Hill Construction | ENR
A year of expected heavy activity in industry mergers and acquisitions already is well under way, with several big linkages announced since Jan. 1.  With rising stock valuations, more private equity c
Publication Date: 22 January , 2007
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Illegal Picketing, Rat Balloon, Cost Local Union Stiff Fines - McGraw-Hill Construction | ENR
A federal appeals court in New York City has ruled that Local 3, International Brotherhood of Electrical Workers, must pay contempt fines ordered by a court-appointed Special Master for engaging in illegal
Publication Date: 22 January , 2007
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Unions Sue Nevada Over Plant Hiring - McGraw-Hill Construction | ENR
The Nevada AFL-CIO sued the state Commission on Economic Development Jan. 10 over $15 million in sales and use tax incentives for a 64-MW solar thermal electric generating plant project in Boulder City, ne
Publication Date: 22 January , 2007
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Beavers Honoree Looks Forward To Another "Golden Age" - McGraw-Hill Construction | ENR
California state officials' ambitious plan to rebuild the state of California will m
Publication Date: 21 January , 2007
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Gov. Schwarzenegger Unveils $43.3-B Construction Program - McGraw-Hill Construction | ENR
Gov. Arnold Schwarzenegger (R) unveiled an ambitious new $43.3-billion public works program on Jan. 9 during his State of the State speech
Publication Date: 16 January , 2007
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ASCE Will Consider How To Measure Engineers' Experience - McGraw-Hill Construction | ENR
The American Society of Civil Engineers is taking a closer look at how work experience should factor into engineering license and practice requirements. The fledgling effort could add a new dimension to th
Publication Date: 15 January , 2007
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Shaw Stockholder CalPERS Objects to CEO Severance - McGraw-Hill Construction | ENR
Shaw Group CEO J.M. Bernhard Jr. has agreed to reduce his employment contract to three years from 10, after complaints to the public firm from a key stockholder, the California Public Employee Retirement S
Publication Date: 15 January , 2007
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Trans-Alaska Pipeline Work Hit by Delays and Cost Rises - McGraw-Hill Construction | ENR
Costs have risen and schedules have dragged for the program to upgrade and reconfigure pumping stations on the Trans-Alaska Pipeline. The operator blames engineering and construction challenges as well as
Publication Date: 15 January , 2007
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Bush, Rice Outline Shift in U.S. Rebuilding Plan - McGraw-Hill Construction | ENR
Along with his plan to send 20,000 additional U.S. troops to Iraq, President Bush also is proposing to make changes that would result in a more modest, decentralized approach to continue rebuilding the cou
Publication Date: 11 January , 2007
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Nevada AFL-CIO Sues over Solar Project - McGraw-Hill Construction | ENR
The Nevada AFL-CIO sued the state Commission Economic Development on Jan. 10 over $15-million in sales and use tax incentives for a new 64-MW solar thermal electric generating plant project in Boulder City
Publication Date: 11 January , 2007
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Doing Good Is Good Business - McGraw-Hill Construction | ENR
Employee volunteerism and philanthropy in the construction industry are hardly new trends, particularly in times of disaster, but firms, unions and others are supporting and organizing these efforts more t
Publication Date: 08 January , 2007
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Washington D.C. Goes Green - McGraw-Hill Construction | ENR
The District of Columbia is on-track to become the first major city in the United States to require all new large non-residential buildings to be built green. Before leaving office at the end of December,
Publication Date: 06 January , 2007
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Beyond Housing, Demand for Construction Remains High - McGraw-Hill Construction | ENR
The depth and breadth of continuing strong demand in many markets for construction are as notable as the recent sharp declines in housing, says Robert Murray, chief economist of McGraw-Hill Construction, t
Publication Date: 05 January , 2007
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Hill Democrats Begin Legislative Push - McGraw-Hill Construction | ENR
As the 110th Congress begins, Democrats hope to use their newly won majority in the House and Senate to push for quick approval of a set of bills that include a boost in the federal minimum wage and an ene
Publication Date: 05 January , 2007
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Hill Democrats and Bush Want to Trim 'Earmarks' - McGraw-Hill Construction | ENR
Congressional Democrats and President Bush want to see cuts in the number of narrowly targeted spending provisions and tax breaks in federal legislation and more openness about who their Capitol Hill spons
Publication Date: 04 January , 2007
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California Jury Says Tutor-Saliba Breached Contract on Tunnel - McGraw-Hill Construction | ENR
The 11-year legal battle between the Los Angeles County Metropolitan Transit Authority and its contractor, Tutor-Saliba-Perini, over construction of the Red Line subway, took a new turn on Dec. 18.  A
Publication Date: 25 December , 2006
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In Switch, Sen. Warner Won't Seek Top GOP Slot on Environment Panel - McGraw-Hill Construction | ENR
In a change of position, Sen. John W. Warner (R-Va.) has decided not to seek the top GOP position on the Environment and Public Works Committee next year. That clears the way for outgoing "EPW" Chairman Ja
Publication Date: 25 December , 2006
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Economists See Housing Market 'Bottoming Out' - McGraw-Hill Construction | ENR
Housing industry economists are forecasting that the slumping housing market will "bottom out" sometime soon, perhaps as early as the fourth quarter of 2006.
Publication Date: 22 December , 2006
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Nevada Appoints Martinovich to Top Transportation Job- McGraw-Hill Construction | ENR
Nevada Gov.-elect Jim Gibbons (R) yesterday named the state’s chief transportation engineer, Susan Martinovich, as the new transportation director effective Jan. 1. A 22-year veteran, she faces
Publication Date: 22 December , 2006
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Construction Funding Is Left Hanging - McGraw-Hill Construction | ENR
As the 109th Congress came to a close on Dec. 9, it approved a few important measures in its final hours, but will be remembered more for the business it left unfinished. For construction, the major proble
Publication Date: 18 December , 2006
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Former Chairman of Schoor DePalma Indicted on Bribery Charges - ENR.com | McGraw-Hill Construction
Howard M. Schoor, former chairman and CEO of Manalapan, N.J.-based Schoor DePalma Inc., was indicted Dec. 14 by a federal grand jury in Newark on one count of bribing two municipal officials in Ocean Towns
Publication Date: 16 December , 2006
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'Preoccupied Worker' Entitled to Trial - ENR.com | McGraw-Hill Construction
A painter who fell into an unguarded stairwell that he knew about had a right to a jury trial of his claim against the general contractor, a Wisconsin court ruled.
Publication Date: 11 December , 2006
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Big Design-Build Road Jobs Aren't Foolproof Profit-makers - ENR.com | McGraw-Hill Construction
Large transportation projects have disappointed some of the biggest infrastructure contractors in the country a pretty penny lately. Those kinds of projects are a key part of the strategies of companies su
Publication Date: 11 December , 2006
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KBR Pays Millions for DOD Overbilling -ENR.com | McGraw-Hill Construction
Kellogg Brown & Root, Houston, has agreed to pay $8 million to settle allegations that it overcharged the U.S. government under a contract for logistical support of military operations in the Balkans
Publication Date: 11 December , 2006
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Owner's System Design, Not Component, Caused Injury -ENR.com | McGraw-Hill Construction
An electrician who was injured while moving a live electric line had no claim against the maker of a component part of the electrical distribution system, a Texas appeals court ruled.
Publication Date: 11 December , 2006
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Speed Interviewing Scores Big in Houston -ENR.com | McGraw-Hill Construction
The work force crisis sweeping the industry is prompting innovation in the way companies recruit needed personnel. In one novel approach, four engineering and construction firms in Houston banded together
Publication Date: 11 December , 2006
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New Senate Banking Chairman Favors Permanent Terrorism Insurance Program -ENR.com | McGraw-Hill Construction
Sen. Christopher J. Dodd (D-Conn.), who will become banking committee head in the new Congress, says he would like to see federal backstop coverage for terrorism-related claims made permanent and plans to
Publication Date: 08 December , 2006
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Booming U.K. Building Market Draws Eastern Europeans - ENR.com | McGraw-Hill Construction
Irish accents that once filled United Kingdom building sites are now being replaced by those from Poland and a host of other Eastern European nations. Workers are now taking advantage of their home countri
Publication Date: 04 December , 2006
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Two Years After Tsunami, Firm's Gift Keeps on Giving - ENR.com | McGraw-Hill Construction
What began as donations for victims of the Indian Ocean tsunami two years ago has blossomed into an ongoing charitable organization providing boats, wells, houses and other vital structures for those in ne
Publication Date: 04 December , 2006
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Sciame Carves Out a Prestigious New York Niche - ENR.com | McGraw-Hill Construction
Frank Sciame assessed his prospects as a designer after he graduated from the City College of New York with a bachelor’s degree in architecture in 1974. “I realized I wasn’t the next Prit
Publication Date: 03 December , 2006
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Capitol Visitor Center Faces Longer Haul to Completion - ENR.com | McGraw-Hill Construction
Despite added pressure from Congress to get the nearly $600-million U.S. Capitol Visitor Center project on track, budgets continue to balloon and schedules keep slipping.
Publication Date: 27 November , 2006
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Federal Research May Clear Recycled Roads' Bad Rap -ENR.com | McGraw-Hill Construction
If asphalt contractors had their way, they would use large amounts of recycled pavement to stretch state budgets, decrease U.S. dependence on foreign oil, cut costs and increase profits. But a lack of tech
Publication Date: 27 November , 2006
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Los Angeles Area Roads Are Winners -ENR.com | McGraw-Hill Construction
Contractors in Southern California can expect 2007 to be a banner year, particularly in Interstate construction projects. The recent passage of Proposition 1B provides $20 billion in funding for congestion
Publication Date: 27 November , 2006
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Owners Tackle Work Force and Process Transformation -ENR.com | McGraw-Hill Construction
Bold cooperative action to alleviate the industry's shortfall in craft workers "must begin today because tomorrow will be too late," said veteran labor relations analyst Peter A. Cockshaw in a fire and br
Publication Date: 27 November , 2006
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Webcor Builders Plans To Sell 70% to Obayashi Corp.- ENR.com | McGraw-Hill Construction
Webcor Builders, a San Mateo, Calif.-based general contractor that has grown significantly in the last decade, says it intends to sell 70% of the company’s stock to Japan’s Obayashi Corp. for c
Publication Date: 27 November , 2006
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Big Day for Public Works, Paced by California's $37 Billion - ENR.com | McGraw-Hill Construction
Voters on Nov. 7 approved 14 of 15 statewide bond issues,totaling about $43.3 billion, most of it for infrastructure. Leading the packis California, where measures providing $37 billion for transportation,
Publication Date: 20 November , 2006
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Senate Approves Extension for Iraq Watchdog - ENR.com | McGraw-Hill Construction
The Senate has voted to extend the life of the U.S. watchdog office monitoring Iraq reconstruction until late 2008, a move that would reverse recently enacted legislation that terminates the office's overs
Publication Date: 20 November , 2006
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Shifts in Senate, House Won't Impact Infrastructure -ENR.com | McGraw-Hill Construction
The Democrats’ takeover of the Senate and House in the Nov.7 elections, the biggest shift since the Republicans won the House in 1994,redraws the legislative landscape for construction firms, unions
Publication Date: 20 November , 2006
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Pension Agency Reports Bigger Loss In Multiemployer Insurance Program - ENR.com | McGraw-Hill Construction
The Pension Benefit Guaranty Corp., which insures retirement plans covering 44 million workers and retirees, says the net loss for its multiemployer-plan program widened significantly in fiscal year 2006. It also reports that multiemployer plans ...
Publication Date: 16 November , 2006
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Halliburton Launches KBR IPO and Shares Rise -ENR.com | McGraw-Hill Construction
KBR, the Halliburton engineering and construction subsidiary, raised $473 million at its initial public offering Nov. 16, selling nearly 28 million shares.
Publication Date: 16 November , 2006
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