Categories
Categories
Industry News / Infrastructure Funding
Senate EPW Committee Plans to Release Five-Year Highway Bill Before August Recess
Leadership of the Senate Environment and Public Works Committee have announced they will unveil a new five-year survface transportation bill before Congress takes its August recess.
ACEC News / Education
Avoid the M&A Pitfalls--ACEC Online Class, July 24
In the July 24 ACEC online class Solving the Mystery of Mergers & Acquisitions (Spoiler Alert: The Owner/Founder Did It!), Bill Mandel, partner at Fox Rothschild LLP, will share the essentials of M&A.
ACEC News / Education
Tomorrow--Online Class on Meeting the Changing Needs of Water and Electric Utility Clients. Register Today!
You probably have water or electric utility clients facing new requirements for risk assessments and risk management processes as well as emergency response planning. Armed with information about the risk assessment and risk management processes, you will become a seamless team player to help your clients meet their compliance requirements and improve utility resilience.
ACEC News / Advocacy
Expanded EEOC Reporting Revived; ACEC Continues Opposition
A ruling by a federal judge has revived a wage reporting requirement from the Equal Employment Opportunity Commission (EEOC). Information can be found on the EEOC website.
Advocacy / Member Organizations
ACEC/North Carolina-Led Coalition Passes Indemnification/Duty to Defend Relief
ACEC/North Carolina Executive Director James Smith celebrates passage of landmark liability protection legislation this month.
Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a publicly-traded special purpose acquisition company, and Atlas Intermediate Holdings LLC (“Atlas”) (combined together with Boxwood, the “Company”), a leading provider of professional testing, inspection, engineering and consulting services, announced today that they have entered into a definitive agreement whereby Atlas will become a wholly-owned indirect subsidiary of Boxwood. Immediately following the proposed transaction, Boxwood intends to change its name to Atlas Technical Consultants, Inc. (“Atlas Technical”) and its shares of Class A common stock are expected to continue to be listed on The Nasdaq Stock Market under the ticker symbol “ATCX.”
The joint venture of Gannett Fleming and Dewberry announced that it was awarded one of four five-year engineering/architecture indefinite delivery, indefinitely quantity (IDIQ) contracts issued by the U.S. Army Corps of Engineers (USACE) Jacksonville District.
WEST was awarded a 5-year Indefinite Delivery Architect-Engineer Contract worth up to $4.5 million from the U.S. Army Corps of Engineers (USACE), Los Angeles District for AE Hydrologic and Hydraulic Services for Civil Works Projects.
Indicators
ACEC Engineering Business Index (EBI)
62.6 (2Q, 2019)
62.2 (1Q, 2019)
Engineering Employment
1,521,800 (July)
1,517,500 (June)
Construction Spending
$1,286,997,000 (June)
$1,303,427,000 (May)
ACEC Stock Index
38.16 (August 5)
41.90 (July 29)
Dodge Momentum Index
138.9 (July)
145.6 (June)
Morrissey Goodale M&A Index
297 Deals year-over-year (August)
312 Deals year-over-year (July)
AIA Billings Index
49.1 (June)
50.2 (May)
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