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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.
Team Wins $1.1-Billion Award To Rebuild WTC Transit Hub - McGraw-Hill Construction | ENR
Observers in New York City criticize the slow pace of many Ground Zero reconstruction projects, noting the new transportation hub as the exception. But it still took extra months of negotiating to finally
Publication Date: 06 February , 2006
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At Confirmation Hearing, OSHA Nominee Pledges Employer Outreach, Enforcement - McGraw-Hill Construction | ENR
President Bush's nominee to head the Occupational Safety and Health Administration, South Carolina labor lawyer Edwin G. Foulke, Jr., told a Senate committee that if confirmed he would continue the agency'
Publication Date: 01 February , 2006
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Concrete Outlook Looks Solid in '06 - McGraw-Hill Construction | ENR
Rising mortgage rates, a growing prevalence in high-risk home loans and a forecasted decline in residential projects may burst the high-priced housing bubble, but it probably won't wash out what is expecte
Publication Date: 30 January , 2006
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Court Douses Contractor's Fire Blanket Negligence Claim - McGraw-Hill Construction | ENR
A contractor’s claim that a manufacturer of a fire blanket was negligent in marketing a fire blanket and in its warnings about use of the fire blanket were properly dismissed under Maine law by the t
Publication Date: 30 January , 2006
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General Contractor Liable for Subcontractor's DBE Breach - McGraw-Hill Construction | ENR
A jury had the right to find that a general contractor, not the subcontractor, was responsible for obtaining approval of a disadvantaged business enterprise and the general contractor’s failure to do
Publication Date: 30 January , 2006
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Ideas Floated for Hardening New Orleans Storm Defenses - McGraw-Hill Construction | ENR
Even as plans to build interim gates and bypass pumps at the mouths of three big stormwater outfall canals in New Orleans advance, the U.S. Army Corps of Engineers is testing a new concept to block the can
Publication Date: 30 January , 2006
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New Lithium-Ion Batteries Are Burning Up the Track - McGraw-Hill Construction | ENR
Faster than a speeding bullet? More powerful than a locomotive? Able to leap tall buildings in a single bound? The new generation of super batteries for cordless tools now hitting the street may not be abl
Publication Date: 30 January , 2006
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U.S. and Mexico Reach Cement Import Deal - McGraw-Hill Construction | ENR
With chronic cement shortages popping up across America, the U.S. and Mexico on Jan. 19 reached an “agreement in principle” that could settle a 16-year-old dispute over cement imports. A final
Publication Date: 30 January , 2006
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U.S. and Mexico Reach Cement Import Deal - McGraw-Hill Construction | ENR
With chronic cement shortages popping up across America, the U.S. and Mexico on Jan. 19 reached an “agreement in principle” that could settle a 16-year-old dispute over cement imports. A final
Publication Date: 30 January , 2006
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Cattle Renderings Could Fuel North American Cement Kilns - McGraw-Hill Construction | ENR
Some European and Japanese cement manufacturers have started using animal renderings as kiln fuel, saving fossil-fuel costs while disposing of banned material. The practice could soon come to North America.
Publication Date: 23 January , 2006
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Large Designs Firms May Lead Specifications Changes - McGraw-Hill Construction | ENR
Many large design firms are likely to switch soon to the Construction Specification Institute's latest system for classifying construction information, known as MasterFormat 2004. But smaller firms will li
Publication Date: 23 January , 2006
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New Orleans Rebuild Plans Taking Shape - McGraw-Hill Construction | ENR
Members of the Urban Planning Committee of the Bring New Orleans Back Commission have a long "to do" list if they are to meet the self-imposed June 2006 deadline for completing and compiling plans for rebu
Publication Date: 23 January , 2006
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Record Crowd, Big "Wow Factor" at Concrete Expo - McGraw-Hill Construction | ENR
Kevin McCaleb glanced over a sea of exhibitors, stopping on a man using a blue power gun to drive plastic clips into a rebar cage. His eyes widened as he said, "That's sweet!
Publication Date: 20 January , 2006
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U.S. Mexico Reach Agreement in Principle on Cement Imports - McGraw-Hill Construction | ENR
In what could be a breakthrough in a 16-year-long trade dispute, the U.S. and Mexico announced on Jan. 19 that they had reached an agreement in principle on levels of cement imports and duties on those shi
Publication Date: 20 January , 2006
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Federal AIDS Coordinator Named USAID Chief, Would Head Revamped Foreign Aid Effort - McGraw-Hill Construction | ENR
President Bush has selected Randall L. Tobias, U.S. global AIDS coordinator, to be administrator of the U.S. Agency for International Development but if confirmed also would wear a new, second hat, as Stat
Publication Date: 19 January , 2006
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Cement Economist: Shortages May Continue - McGraw-Hill Construction | ENR
Rising mortgage rates, a growing prevalence of shaky, high-risk home loans and a forcasted 2.2% decline in residential construction this year will do little to ease tight cement supplies, according to an e
Publication Date: 18 January , 2006
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World of Concrete Organizers Predict Strong Show - McGraw-Hill Construction | ENR
The World of Concrete trade show opened in Las Vegas Jan. 17 and organizers say pre-registrations for both vendors and attendees are up making this likely to be the largest show in the event¹s 32 year
Publication Date: 17 January , 2006
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Levee Improvements Have Broad Appeal - McGraw-Hill Construction | ENR
Schwarzenegger’s plan calls for updating more than 1 million acres of floodplain maps to guide development. “Mapping is key,” says Linda Fiack, executive director of Delta Protection Commission, Walnut Grove. When development site ...
Publication Date: 16 January , 2006
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Kajima Outbids AECOM for Austin - McGraw-Hill Construction | ENR
Kajima USA Inc. outbid AECOM Technology Corp. for the main assets of bankrupt Austin Co., paying roughly $7.25 million in cash and assumed liabilities, according to federal bankruptcy court documents.
Publication Date: 09 January , 2006
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No Longer Showing in Vegas: Bovis Versus the Venetian - McGraw-Hill Construction | ENR
Under the agreement, whose terms are secret, New York City-based Bovis releases the Venetian from further liability in exchange for payments. The Venetian’s insurer also will provide indemnity to Bovis from ongoing subcontractor litigation. ...
Publication Date: 09 January , 2006
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Survivors Still Dealing with Poor Conditions - McGraw-Hill Construction | ENR
"Reconstruction efforts...have not been awarded the priority they so urgently warrant," says United Nations Commission on Human Rights Special Rapporteur Miloon Kothari. Across a dozen countries, survivors "remain forced to live i ...
Publication Date: 09 January , 2006
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Schwarzenegger Proposes $222-Billion Plan for California Growth - McGraw-Hill Construction | ENR
California Gov. Arnold Schwarzenegger (R) has proposed the most ambitious construction plan in a generation for aging Golden State infrastructure. If it is adopted, the $222-billion building spree could in
Publication Date: 06 January , 2006
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With Low Bid $90 Million Too High, N.J. Rethinks Causeway Project - McGraw-Hill Construction | ENR
The bad news is that the low bid submitted Dec. 8 came in about $90 million above the New Jersey Dept. of Transportation’s estimate.
Publication Date: 29 December , 2005
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At 11th Hour, Kajima Snags Austin Assets from AECOM - McGraw-Hill Construction | ENR
In an auction held in Austin Co.’s attorneys’ offices in Cleveland Dec. 16th, Kajima bid significantly higher than the original $2.5 million price that AECOM had offered for Austin Co.’ s assets, t
Publication Date: 23 December , 2005
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Bush Signs 2-Year Terrorism Insurance Extension - McGraw-Hill Construction | ENR
President Bush has signed into law a bill to continue the federal terrorism insurance program for two years. The program had been set to expire Dec. 31.
Publication Date: 23 December , 2005
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States' Fiscal Outlook Gets Brighter - McGraw-Hill Construction | ENR
State budgets continue to improve, with only a few having to cut spending in 2005, but there still are some worries on the horizon, according to a new survey from the National Governors Association and Nat
Publication Date: 22 December , 2005
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Architects Name First Female Leader - McGraw-Hill Construction | ENR
“I’ve already started to prepare” for the job, says McEntee, who is not an architect.
Publication Date: 19 December , 2005
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Austin Co. Assets Opened for Bids - McGraw-Hill Construction | ENR
Potential buyers had until Dec. 16th to submit bids for the main offices of The Austin Co., the Cleveland-based design-build firm that sought protection from its creditors in October. AECOM Technology Corp
Publication Date: 19 December , 2005
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Congress Approves 2-Year Terrorism Insurance Extension - McGraw-Hill Construction | ENR
Legislation to continue the federal terrorism insurance program for two years is on its way to President Bush's desk after Congress gave final approval to the measure. The current program is set to expire
Publication Date: 19 December , 2005
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Will Another Bidder Seek Bankrupt Austin Co. Assets? - McGraw-Hill Construction | ENR
Is there a fast-moving buyer willing to pay at least $2.5 million for the Austin Co.’s main assets?
Publication Date: 13 December , 2005
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Hill International Tries Novelty To Speed Plan To Go Public - McGraw-Hill Construction | ENR
Hill International Inc., the Marlton, N.J.-based construction claims firm turned global construction manager, has agreed to merge with Arpeggio Acquisition Corp. to facilitate its plan to go public.
Publication Date: 12 December , 2005
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Parsons Brinckerhoff Sues DOT over Award - McGraw-Hill Construction | ENR
PB’s suit, filed Nov. 25 in federal district court in Boise, seeks to nullify the contract for the Connecting Idaho initiative awarded Oct. 27 to a joint venture of WGI and CH2M Hill Cos., Denver. It is funded using Grant Anticipation Reven ...
Publication Date: 12 December , 2005
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Small and Minority Firms Win Pieces of Levee Work - McGraw-Hill Construction | ENR
Thirty-six contracts have been awarded and 15 to 20 more, worth $100 million to $150 million, are expected to go out by the end of the year, say project and contracting officers. They say many contract bid packages are being tuned for small busi ...
Publication Date: 12 December , 2005
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House Passes Terrorism Coverage Extension, but White House Is Opposede - McGraw-Hill Construction | ENR
The House has voted to extend the federal terrorism insurance program for at least two years, but the Bush administration says it is strongly opposed to the measure.
Publication Date: 08 December , 2005
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Hill International Goes Public in Unusual Way - McGraw-Hill Construction | ENR
Arpeggio is a "special purpose acquisition" firm trading on the NASDAQ exchange that was organized "solely for the purpose of going public, raising funds and then looking for an acquisition or merger partner," says Irvin Richter, Hill chairman a ...
Publication Date: 06 December , 2005
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Big AMEC Unit Goes on Block - McGraw-Hill Construction | ENR
The planned sale is part of a broader reorganization of AMEC designed to strengthen the company’s balance sheet, exit lump-sum contracting and concentrate on faster-growing areas. Freeing up cash "to invest further in oil and gas, nucl ...
Publication Date: 05 December , 2005
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Chicago Bridge & Iron Still Probing Possible Accounting Improprieties - McGraw-Hill Construction | ENR
Chicago Bridge & Iron Co. says it is continuing a now month-long investigation of alleged accounting improprieties. The investigation has prevented CB&I from filing its overdue third quarter financ
Publication Date: 02 December , 2005
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AECOM Moves ‘Up Front’ With Link to Planning Firm - McGraw-Hill Construction | ENR
Designer AECOM Technology Corp. is acquiring EDAW Inc., one of the largest U.S. planning and landscape architecture firms. The Los Angeles designer is finishing final details of a deal that will make EDAW
Publication Date: 28 November , 2005
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Execs Believe Managing Risk Is Their Biggest Challenge - McGraw-Hill Construction | ENR
Most of the world’s largest international construction firms believe properly managing and pricing risk is their biggest challenge, according to a new survey of 25 megafirm CEOs and top officials by m
Publication Date: 28 November , 2005
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Olympics Job Goes to Lemley - McGraw-Hill Construction | ENR
The senior recruits to ODA "both bring a formidable range of skills and experiences," says Olympics government Minister Tessa Jowell. "Time is at a premium" in preparing plans for what will probably be "the biggest const ...
Publication Date: 28 November , 2005
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Sterling Plans Stock Offering While Pursuing Acquisitions - McGraw-Hill Construction | ENR
The medium-size Houston-based road, paving and pipe contractor has turned in a solid performance since debuting as a publicly traded company whose shares are traded on a major exchange earlier this year (ENR 1/3-10 p. 14). Since then, Sterling h ...
Publication Date: 28 November , 2005
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Two Charged in Iraq Conspiracy - McGraw-Hill Construction | ENR
A former Coalition Provisional Authority official and a contractor involved in Iraq reconstruction have been charged with conspiring to commit money laundering and wire fraud in connection with a bribery a
Publication Date: 28 November , 2005
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Unfinished Business On Congress' Table - McGraw-Hill Construction | ENR
Following the Money
Publication Date: 28 November , 2005
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AECOM to Buy Planner EDAW - McGraw-Hill Construction | ENR
AECOM Technology Corp., Los Angeles, is finishing up final details of a planned acquisition of EDAW Inc., the San Francisco-based architect-planner. It will give AECOM a foothold in the fast-growing global market for project master planning, ac ...
Publication Date: 21 November , 2005
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Bond Issues Offer New Hope For Infrastructure Investment - McGraw-Hill Construction | ENR
With only a few high-profile political contests on ballots in this off-year election, voters on Nov. 8 focused on bond issues, particularly for transportation and school construction. But those in Seattle
Publication Date: 21 November , 2005
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Design-Build Risk Shifting Is Key to Success or Failure - McGraw-Hill Construction | ENR
The game of risk-shifting on design-build projects is changing again. Where the shift once was from owner to the design-build contractor, designers and contractors now are shifting risks to subcontractors.
Publication Date: 21 November , 2005
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Global Oil and Gas Need $17 Trillion - McGraw-Hill Construction | ENR
Worldwide cumulative investment in oil and gas infrastructure of $17 trillion will be needed by 2030 to meet global energy demand, says an authoritative forecast released this month. Failure to make necess
Publication Date: 21 November , 2005
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Walbridge Aldinger Hires Staff of Austin Co. Unit - McGraw-Hill Construction | ENR
The senior management and staff of an Austin Co. unit whose troubled project helped push Austin into bankruptcy has been hired by Walbridge Aldinger, the Detroit-based construction firm.
Publication Date: 21 November , 2005
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Senate, House Committees Approve Terrorism Insurance Extensions- McGraw-Hill Construction | ENR
With the current federal terrorism insurance program set to expire Dec. 31, bills to extend the program have advanced in the Senate and House. The Senate banking committee and House Financial Services Comm
Publication Date: 17 November , 2005
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On-and-off Davis-Bacon Rule Puzzles Some in Katrina-Land - McGraw-Hill Construction | ENR
The Depression-era Davis-Bacon Act requires contractors on federally funded construction work to pay craft labor at least the hourly wage prevailing in the area for each craft as determined by the Dept. of Labor. With wages high and labor short ...
Publication Date: 14 November , 2005
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Global Corruption Foes Gaining Ground - McGraw-Hill Construction | ENR
"In developing countries, often the engineer has the highest status," said Henry, marketing manager for Schaaf & Wheeler Consulting Civil Engineers, Seattle, during a forum on global ethics at ASCE’s 2005 Annual Civil Engineer ...
Publication Date: 07 November , 2005
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Investigators Find Wilma Damage Passes Expectations - McGraw-Hill Construction | ENR
"We didn’t have a bad storm. It’s going to take considerable study to see exactly what did happen," says Herbert S. Saffir, consulting engineer in Coral Gables, Fla., and co-developer of the Saffir-Simpson hurricane-severity ...
Publication Date: 07 November , 2005
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Jury Says Agency Liable in Bombing - McGraw-Hill Construction | ENR
The decision allowed plaintiffs to proceed with lawsuits worth potentially millions of dollars for damages against the agency. Port authority spokesman Steve Coleman says the agency is in the process of preparing an appeal.
Publication Date: 07 November , 2005
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Bankruptcy Plan Followed Bad Job - McGraw-Hill Construction | ENR
Company officials say the firm is seeking protection under Chapter 11 of the bankruptcy code in federal court in the firm’s base city, Cleveland. As part of the company’s plan, Austin would sell most of its U.S. operations to AECOM Tec ...
Publication Date: 31 October , 2005
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E&C Firms Enjoy Good Times But Sound Alarms on Future - McGraw-Hill Construction | ENR
Engineering and construction firms seem to be enjoying good times that have raised profits, stock prices and company valuations, but they are still dogged by employee turnover, size and ownership transitio
Publication Date: 31 October , 2005
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Contractor Group Tries To Halt Pennsylvania Best-Value Bids - McGraw-Hill Construction | ENR
Associated Builders and Contractors of Pennsylvania has sued the state’s Dept. of General Services to block the use of of best-value requests for proposals for complex projects with a value of more th
Publication Date: 24 October , 2005
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FEMA Explains Early Contracts After Director’s Senate Grilling - McGraw-Hill Construction | ENR
Contrary to the popular impression that it is canceling four Hurricane Katrina-related contracts to allow for greater competition following a public and Capitol Hill outcry, the Federal Emergency Managemen
Publication Date: 17 October , 2005
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Williams Industries Posts 2005 Loss of $11.4 Million - McGraw-Hill Construction | ENR
Steel fabricator and erector Williams Industries Inc. says it lost $11.4 million in fiscal 2005, or $3.12 a share, compared to a loss of $780,000, or 22 cents a share in the prior year.
Publication Date: 17 October , 2005
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Engineer's Non-Compete Clause Was Too Broad To Enforce - McGraw-Hill Construction | ENR
An engineering firm could not enforce a non-competition agreement contained in its employment contract with a former employee because the agreement was too broad, the Supreme Court of Idaho ruled.
Publication Date: 10 October , 2005
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Former Maryland DOT Chief Named to Head GSA Public Buildings Office - McGraw-Hill Construction | ENR
David L. Winstead, former secretary of the Maryland Dept. of Transportation, has been appointed to be the new head of the General Services Administration's Public Buildings Service, the agency announced Oc
Publication Date: 10 October , 2005
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