The news from the world
The news from the world
ISG is main contractor on the £300m project where construction work was paused earlier this month. ISG and its client said that works at the site were ahead of schedule and the pause would allow the project team to focus on finalising designs for the main phases. Now Britishvolt former CEO Orral Nadjari has told…
Dive Brief: In a sign that rising interest rates and talk of recession have yet to cool the scorching construction labor market, job openings in the sector increased 22,000 in July from June, up 4.6%, according to an analysis of Bureau of Labor Statistics data from Associated Builders and Contractors. There are now 375,000 unfilled…
Dive Brief: The $802.9 million Harbor Bridge project in Corpus Christi, Texas, has been delayed indefinitely after an independent review identified a series of design and construction flaws. Texas DOT threatened to replace the contractors, a Flatiron/Dragados joint venture, if certain safety concerns aren’t addressed by Aug. 31. Citing “lack of responsiveness to safety concerns,”…
First published on Dive Brief: Company leaders facing the worst price pressures in four decades can take some of the bite out of inflation by following six strategies, ranging from increasing inventory to redoubling efforts to retain talent, global tax consultant Deloitte said in a report. “The most obvious strategy requires taking a risk: Pass…
Dive Brief: The U.S. 11th Circuit Court of Appeals partially reinstated President Joe Biden’s COVID-19 vaccine mandate for federal contractors, but still exempted seven states and members of Associated Builders and Contractors from having to the get the shot. The ruling at least temporarily bars the vaccine mandate for ABC’s members engaged in federal procurement contracts,…
This feature is a part of “The Dotted Line” series, which takes an in-depth look at the complex legal landscape of the construction industry. To view the entire series, click here. With talk of a pending recession growing louder by the day, owners have increasingly been pulling the plug on projects, attorneys say. While the uptick…
