There is an outdated adage among building contractors: You happen to be by no means 1 massive career away from personal bankruptcy. The saying is effective not only from the perspective of often needing to acquire new jobs to continue to be active it also applies from the standpoint of […]
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Webuild, Lane, Kiewit nab $17B total in Texas high-speed rail contracts
Dive Quick: Less than a $16 billion agreement signed this 7 days, Italian contractor Webuild and its U.S. subsidiary Lane Design have been chosen to build a higher-velocity railway between Dallas and Houston. The project with private developer Texas Central Railroad will link the two cities in 90 minutes, which includes a […]
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Border wall construction accelerates with $773M in new government contracts
Dive Temporary: Development contracts valued at $773 million have been awarded in the latest months to establish fifty seven new miles of border wall in Laredo, Texas, in accordance to the U.S. Customs and Border Defense (CBP). Past week, a $283 million agreement for 27 miles was awarded to Fisher […]
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Survey: 25% of Sale Contracts Face Settlement Delays
NAR’s Dec. confidence index uncovered that 1 in 4 U.S. contracts did not settle on time. Financing challenges have been the top reason followed by appraisals and inspections. CHICAGO – Seventy-a single p.c of contracts in December settled on time, but twenty five% faced a delay, according to the newest […]