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Read Time : 5 Minutes
The 10 large construction markets most devastated by COVID-19
Dive Quick: New Dodge Facts & Analytics investigate displays that U.S. commercial and multifamily construction commences plunged 22% during the to start with six months of 2020 in comparison to the exact same time body in 2019. In phrases of sectors, only warehouse construction posted a pretty small achieve, whilst office, […]
Read Time : 2 Minutes
Readers Respond: Contractors worried about future infrastructure work
Quantities released past week disclosed that less infrastructure tasks are staying created in the U.S. Dodge Data & Analytics reported a 31% decline in the nonbuilding sector, which consists of get the job done these kinds of as roadways, bridges and pipelines, and a report earlier this month located that infrastructure […]
Read Time : 3 Minutes
“Racially motivated damage” discovered at Las Vegas Convention Center jobsite
Dive Quick: “Racially motivated damage” has been found at an workplace belonging to a Black building foreman at the $1.four billion Las Vegas Convention Centre expansion jobsite, according to a assertion from the Las Vegas Convention and Site visitors Authority (LVCVA). Common contractor Turner/Martin-Harris, a joint enterprise amongst Martin-Harris Building […]
Read Time : 4 Minutes
Despite coronavirus challenges, financing is available for the right projects
Less new development tasks have come to marketplace due to the fact the coronavirus pandemic hit the U.S. Even now, six months into the outbreak, several proprietors and developers are prepared to acquire risks through the ongoing economic uncertainty. Nevertheless, lenders and financiers continue to want to back superior tasks and banking […]
Read Time : 4 Minutes
Justice Department indicts Minnesota contractor for $841K PPP loan fraud
Dive Brief: The U.S. Division of Justice (DOJ) has indicted a St. Paul, Minnesota, contractor for allegedly defrauding the Paycheck Defense Software, a exclusive limited personal loan initiative meant to supply money aid to organizations negatively impacted by the COVID-19 pandemic. U.S. Legal professional Erica H. MacDonald explained in a […]