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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.
Hard-Hit Areas Face Tough Questions - McGraw-Hill Construction | ENR
The total or near-total devastation across about 90,000 sq miles offers the opportunity to improve communities, agree the experts. But they caution that the path toward rebuilding will be filled with volatile debate and difficult decisions. For ...
Publication Date: 10 October , 2005
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Issue of Gross Negligence May Void Damage Waiver - McGraw-Hill Construction | ENR
An auto maker could sue a contractor for damages caused to its plant, even though the construction contract stated that the owner assumed the risk of loss, an Indiana appeals court has ruled. According to
Publication Date: 10 October , 2005
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Swinerton Inc.'s CEO Dies at Age 62 - McGraw-Hill Construction | ENR
James R. Gillette, an accountant who rose through the ranks to turn building contractor Swinerton Inc., San Francisco, into one of construction’s largest firms, died Sept. 17 of brain cancer at age 62
Publication Date: 10 October , 2005
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Urbanists Invade the Gulf Coast Suburbs - McGraw-Hill Construction | ENR
Although many Gulf Coast buildings were destroyed by Hurricane Katrina, the region’s infrastructure remains basically intact, and its generally high land values stable. The combination offers "a
Publication Date: 10 October , 2005
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Bush Nominates White House Counsel to Supreme Court - McGraw-Hill Construction | ENR
Supreme Court Spotlight: Shortly before the Supreme Court opened its new session on Oct. 3, with John Roberts as its new Chief Justice, President Bush heightened the focus on the court, announcing he would nominate
Publication Date: 03 October , 2005
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Disaster Recovery - Baton Rouge Seeks Help For Its Boom Town Woes - McGraw-Hill Construction | ENR
Katrina has become a double-whammy for Louisiana, heavily damaging New Orleans and turning Baton Rouge into an overstressed boom town. The influx of 400,000 hurricane evacuees has doubled its population s
Publication Date: 03 October , 2005
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Conferees Agree on 2006 Homeland Security Spending Bill - McGraw-Hill Construction | ENR
House and Senate negotiators have agreed on a fiscal year appropriations bill that provides $30.8 billion in discretionary spending for the Dept. of Homeland Security, a 4% increase over 2005. But that cal
Publication Date: 30 September, 2005
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Dennis Washington Tops Forbes' Wealthiest Builders - McGraw-Hill Construction | ENR
The work is tough, the risks are many, and the margins can be thin, but a few have made major fortunes in the construction industry, as the 24th Annual Forbes Magazine list of the 400 Richest Americans sho
Publication Date: 27 September, 2005
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Owner Joins Design-Build Team in Australian System - McGraw-Hill Construction | ENR
Have a project with lots of unknowns, many different stakeholders and a high likelihood of scope changes? A project delivery technique called "alliancing," emerging from Australia, could be the a
Publication Date: 26 September, 2005
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San Francisco Building Contractor Swinerton Inc. Loses Chairman Jim Gillette to Cancer at 62 - McGraw-Hill Construction | ENR
James R. Gillette, an accountant who rose through the ranks to lead building contractor giant Swinerton Inc., San Francisco, to become one of the construction industry's largest firms, died Sept. 17 of bra
Publication Date: 22 September, 2005
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title - McGraw-Hill Construction | ENR
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Publication Date: 22 September, 2005
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Prospering Pike Electric Terminates Chief Accounting Officer After Error - McGraw-Hill Construction | ENR
Privately owned Pike Electric Corp. completed an initial public offering of stock last July, raising $122 million and beginning life as a publicly traded company. But the Mt. Airy, N.C.-based contractor st
Publication Date: 20 September, 2005
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Bush Approves Base Closure Plan, Sends List to Congress - McGraw-Hill Construction | ENR
A plan to shut 22 major U.S. military posts and realign others now is in the hands of Congress. President Bush on Sept. 15 approved the recommendations of an independent panel to close the 22 large bases a
Publication Date: 16 September, 2005
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California Tackles Industry Initiatives - McGraw-Hill Construction | ENR
Ballots for California’s Nov. 8 special election already have gone to the printers, but Gov. Arnold Schwarzenegger and the state legislature still are posturing about the initiatives that are set to a
Publication Date: 05 September, 2005
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Lots of Construction Ahead After Panel Trims List - McGraw-Hill Construction | ENR
The commission reviewing the Dept. of Defense plan to close or shrink hundreds of U.S. bases has pared the Pentagon’s shutdown list, saving some prominent posts. But it left standing most DOD recommen
Publication Date: 05 September, 2005
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Cash-Rich Rudolph and Sletten Sought Buyer and Found Perini - McGraw-Hill Construction | ENR
Rudolph and Sletten Inc., the California contractor that Perini Corp. says it intends to acquire, is rich in cash and needed to recapitalize so that 10 key stockholders approaching or above 50 years of ag
Publication Date: 29 August , 2005
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Chief N.J. Builder To Depart Agency - McGraw-Hill Construction | ENR
John F. "Jack" Spencer, CEO of the embattled New Jersey School Construction Corp., is quitting his post, effective Sept. 7. His two-year term saw SCC build 30 schools, start construction
Publication Date: 29 August , 2005
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Marketers Seek 'C-Suite' Presence - McGraw-Hill Construction | ENR
Marketing professionals still lack the clout to reside in the "C Suite," along with the CEO, COO, CFO and CIO, and marketing groups in construction want to do something about it.
Publication Date: 29 August , 2005
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Base Closure Panel Votes to Keep Conn., Maine Posts Open - McGraw-Hill Construction | ENR
Going against Dept. of Defense recommendations, an independent review panel has voted to spare two New England Navy installations in the pending round of military base closures. But in its first day of vot
Publication Date: 25 August , 2005
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Jack Spencer, Former New Jersey School Construction Chief, Withdraws From Lower Manhattan Construction Position
John F. "Jack" Spencer, CEO of the embattled New Jersey School Construction Corp. announced Aug. 18 that he would step down from that position as of Sept. 7 after a stormy two-year-term that saw
Publication Date: 19 August , 2005
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Johnson Named New Corps Deputy Chief; Bostick to Head Army Recruiting - McGraw-Hill Construction | ENR
The Pentagon has named a new deputy chief of the Corps of Engineers after shifting the previous designee, Maj. Gen. Thomas P. Bostick, to head the Army Recruiting Command.
Publication Date: 19 August , 2005
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Age Preference in Electrical Contract Violates State Law - McGraw-Hill Construction | ENR
A provision in an electrical workers union contract giving preferences to older journeymen workers, while not in conflict with federal age discrimination laws, violated the Minnesota Human Rights Act (MHRA
Publication Date: 15 August , 2005
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Building Trade Leaders Have Smooth Sailing - McGraw-Hill Construction | ENR
For the second time in five years, Edward C. Sullivan and Joseph Maloney have been elected president and secretary-treasurer of the AFL-CIO’s Building and Construction Trades Dept. Their first electio
Publication Date: 15 August , 2005
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Investigators Unravel Japan’s Largest Bid-Rigging Scheme - McGraw-Hill Construction | ENR
Japanese authorities are unraveling what is shaping up as the largest and most highly organized bid-rigging scheme ever seen in the country. Investigators allege that two bid-rigging circles have been coll
Publication Date: 15 August , 2005
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Owner Not Personally Liable for Debts - McGraw-Hill Construction | ENR
A federal district court in Indiana ruled that a pension fund failed to show the owner of a bankrupt roofing contractor was personally liable for unpaid contributions to a union pension plan.
Publication Date: 15 August , 2005
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Perini to Buy Rudolph & Sletten, Creating Newest Megafirm - McGraw-Hill Construction | ENR
The top 15 contractors will soon have a new competitor in their midst. Publicly traded Perini Corp, Framingham, Mass., announced Aug. 11 that it has signed a letter of intent to buy privately-held contract
Publication Date: 15 August , 2005
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TEA-21 DBE Plan Upheld, But State Use of Goals Barred - McGraw-Hill Construction | ENR
The provision in the 1998 federal Transportation Equity Act establishing the use of disadvantaged business enterprise goals was constitutional, but Washington state’s application of the goals program
Publication Date: 15 August , 2005
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New Jersey's $8.6-Billion Building Fund Is at an End - McGraw-Hill Construction | ENR
Officials of New Jersey’s Schools Construction Corp. officially delivered the hard facts long feared by participants and customers–that the state’s mandated $8.6-billion public school constr
Publication Date: 08 August , 2005
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Seattle Streetcar ‘Green Light’ Cements District’s Rebirth - McGraw-Hill Construction | ENR
Seattle’s monorail project may be stalled, but the city’s recent green light for a 2.6-mile streetcar line linking the central business district with South Lake Union, a former industrial area to
Publication Date: 01 August , 2005
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Sources of Net Project Value Surprise CII Study Team - McGraw-Hill Construction | ENR
The Construction Industry Institute research team studying the difference between "commodity" and "value-added services" from contractors found some surprises in the results. Contract a
Publication Date: 01 August , 2005
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Tripartite Initiative Remains on Track - McGraw-Hill Construction | ENR
About a year after reaching consensus on initiatives to increase market share and make union construction more profitable, the Construction Users Roundtable Tripartite Initiative has issued its first posi
Publication Date: 01 August , 2005
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United Rentals Chief Keeps Quiet - McGraw-Hill Construction | ENR
John N. Milne, president and CFO of the Greenwich, Conn.-based firm, "failed to perform his duties" when he refused to answer recent boardroom questions, says the company in a statement. A special board committee had found possible evi ...
Publication Date: 01 August , 2005
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New Indictments Issued Over Sewer Kickback Scheme - McGraw-Hill Construction | ENR
A federal grand jury handed up new indictments July 13 in an alleged bribery scheme during a federally mandated $3-billion repair of the Jefferson County, Ala., sewer system.
Publication Date: 25 July , 2005
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Bush Pick for Supreme Court has Business Experience - McGraw-Hill Construction | ENR
Judge John G. Roberts, President Bush’s choice to fill a vacancy on the U.S. Supreme Court, has weighed in on cases affecting the business community during his brief tenure as an appellate court judge
Publication Date: 21 July , 2005
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Changes Sought in How DOE Measures Contracting Success
The decision comes after the U.S. Government Accountability Office suggested that DOE take steps to more accurately report the percentage of its contracting dollars going to small businesses. GAO found errors in the base amount that DOE contract ...
Publication Date: 18 July , 2005
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Louisiana Road Rehab Hits Snag
The bids are for the first phase of a project to rebuild nine miles of La. 1 leading to the Barrier Island of Grand Isle and Port Fourchon–a corridor carrying 18% of the nation’s oil and gas supply. A joint venture of James Constructio ...
Publication Date: 18 July , 2005
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Ready-Mix Supplier Hit With $29-Million Price-Fixing Fine
A major midwestern supplier of ready-mix concrete, Irving Materials Inc., has been hit with a $29.2- million fine after the company and four executives pleaded guilty to price-fixing charges related to con
Publication Date: 18 July , 2005
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Canadian Projects Fueled By Gas-Tax Share Revenue Deal
A first-ever gas revenue sharing program between the Canadian government and local municipalities will boost water, wastewater, road and transit projects over the next five years. Under its New Deal for Ci
Publication Date: 11 July , 2005
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Contractor's Guilty Plea Includes $7.05-Million Penalty
Under terms of the deal, KCC Group Design+Build CEO Jacob Kiferbaum agrees that the firm, formerly known as Kiferbaum Construction Co., will pay $7.05 million in restitution to Chicago Medical School by July 1. That amount represents the Deerfie ...
Publication Date: 04 July , 2005
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As O'Connor Retires, Congress Moves to Counter High Court Decision
As the retirement of Supreme Court Justice Sandra Day O'Connor intensifies rumors about possible replacements, there are moves in Congress to counteract the court's recent decision on the use of eminent d
Publication Date: 01 July , 2005
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Treasury Opposes Extending Terror Insurance Backstop, in Current Form
Publication Date: 30 June , 2005
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Fixing Infrastructure Is Nation's Top Task
Fighting wars is a lot easier "than what we’re trying to do," Barry R. McCaffrey told a construction industry leaders forum in Chicago on June 14. The retired general and national security a
Publication Date: 27 June , 2005
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Gilbane Has New Post for Satisfaction
Providence, R.I.-based Gilbane recently hired Mary Bloom to fill the job and to build on the role of a traditional quality manager. Bloom earned bachelor’s and master’s degrees in engineering from Rensselaer Polytechnic Institute and a ...
Publication Date: 27 June , 2005
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How To Buy Security Upgrades: Very Carefully
BCUA followed the stipulations of a 2002 federal law that required water systems–but not wastewater systems–to perform vulnerability assessments and update their emergency response programs. The authority now is pioneering "secure ...
Publication Date: 27 June , 2005
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Planning for Successful Global Project Development
Ballooning population, coupled with urban migration and the globalization of communications and trade, adds up to a demand for about $1-trillion in infrastructure development over the next five years in E
Publication Date: 27 June , 2005
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Supreme Court Allows Cities to Seize Homes for Development
The U.S. Supreme Court gave cities and other local governments the green light to seize individual homes and businesses for private development. The decision essentially extends the scope of the Fifth Ame
Publication Date: 24 June , 2005
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Kiferbaum Admits Guilt in Chicago Hospital Extortion
A key figure in an alleged Chicago-area hospital contract bid-rigging and extortion scheme, KCC Group Design + Build CEO Jacob Kiferbaum, has admitted guilt and is cooperating with federal prosecutors.
Publication Date: 22 June , 2005
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Design Detail Responsibility Again at Issue in New York State
New York state regulations say that when engineers delegate portions of design work to subcontractors, "the delegator shall be required to review and approve the design." In recent years, some New York engineers serving as prime design ...
Publication Date: 20 June , 2005
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Job Market Rebounds For the Class of 2005
This year’s construction job market for members of the college Class of 2005 could be a better graduation gift than a new car from Mom and Dad. Those trained in civil engineering and construction fiel
Publication Date: 20 June , 2005
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Steel Not As Precious a Metal
The law of gravity is finally acting on steel, sending prices down 20% since Jan. 1, reports the American Institute of Steel Construction, the industry association.
Publication Date: 13 June , 2005
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