A joint venture of AECOM, its Tishman Construction unit and STV was awarded a $19 million contract to provide construction management and other services for the Moynihan Station project which will expand Penn Station New York. Phase one of the project is estimated at $267 million and will create passenger…
Virginia Gov. Bob McDonnell wants to increase the percentage of any year-end surplus and sales tax that is spent on transportation projects. According to this article, the specific proposals include: * Increasing transportation’s share of year-end surpluses to 75 percent. * Authorizing the Commonwealth Transportation Board to implement a version…
If you answered “yes” but only because the title conjured up images of late nights in a small room with 11 other jurors of your peers…there is another type of “sequestration” that might be of concern to you. The more noteworthy sequestration is the automatic budget cuts that were triggered…
Virginia announced a $940 million dollar P3 agreement with Flour-Transurban. The agreement calls for the construction of a 29 mile hot lane to ease the Virginia’s traffic congestion, especially during rush hour. The agreement calls for Fluor-Transurban to pay $843 million and Virginia to $97 million. Most of the current…
A funny thing happened at a recent ENRNewYork infrastructure conference titled Where’s the Money? — they found some. During a panel discussion concerning infrastructure financing, both Robert Dove, Managing Director, The Carlyle Group and Christophe Petit, President, Star America Infrastructure Partners, told the large audience that they had “money to…
With all the talk — and all the press — about our cash-strapped federal government, you’d think that announcements of new government spending would be few and far between. But not if you’re into green building. President Obama is teaming with former President Clinton to invest $4 Billion — yes,…
If you build it, they will come. But what if someone else built it first? We just might find out the answer to that question if Guatemala goes forward with its new president’s plan to build a canal connecting the Atlantic and the Pacific Oceans. You can read about it…
OK, the walls haven’t come a’ tumblin down yet. But stay tuned. It wasn’t enough to chop a 47 story building down to 26 floors — in the middle of construction. Engineers for CityCenter, in Las Vegas, have said they need to implode the unfinished building before it collapses in…
Historically, when a government contractor received an “unsatisfactory” performance rating (“Unsat”) that was issued without proper procedures being followed or was substantively erroneous, the contractor’s only immediate recourse was to ask the agency to reconsider. Otherwise, the contractor had to wait to seek judicial review through a bid protest on…
Article Co-Authored with Christian Henel The United States Supreme Court has settled a long-standing split among lower courts on the definition of a corporation’s “principal place of business” for purposes of diversity jurisdiction in federal court. The Court held a corporation has a single principal place of business for purposes…