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Coronavirus / Infrastructure
March 18, 2020

Fitch Ratings Reports on Coronavirus Impact on Infrastructure Sector

The impacts of the coronavirus pandemic, while still evolving, create risks that are far beyond what has been experienced in the infrastructure and project finance sectors in many decades. While the Global Financial Crisis (GFC) provides a benchmark and demonstrated the stability of core infrastructure assets (enterprises and projects), the rapid shutdown of major global economies that is being experienced now creates the potential for the near-term economic impact to be materially worse, and creates uncertainty on the future collateral effects on contractual arrangements and the nature of the recovery.

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Coronavirus / Industry News
March 18, 2020

Small Business Administration Offers Low-Interest Federal Disaster Loans to Mitigate Coronavirus Impact

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. All states are expected to be eligible in the near future.

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Coronavirus / Industry News
March 18, 2020

OSHA Releases Guidance on Coronavirus in the Workplace

The Occupational Safety and Health Administration (OSHA) has released a guidance for dealing with the Coronavirus pandemic in the workplace.

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Coronavirus / Industry News
March 17, 2020

PennDOT Suspends Operations in Face of Coronavirus

The Pennsylvania Department of Transportation is suspending all operations, including construction, except critical and emergency work due to the Coronavirus pandemic. 

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Advocacy / Coronavirus
March 17, 2020

Legislative Update: H.R. 6021, the “Families First Coronavirus Response Act”

On March 14, 2020, the House passed the Families First Coronavirus Response Act (H.R. 6201) by a vote of 363-40, and on March 16, 2020 the House approved significant modifications to H.R. 6201 that are designed to mitigate the impact on employers.  The Senate passed H.R. 6201 as amended by the House on March 18, 2020, and shortly thereafter the President signed it into law.

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Member Firm News
September 16, 2021

Woolpert has acquired AAM, a global geospatial services company that specializes in aerial mapping, surveying, GIS, and the development of innovative geospatial processes and technologies. AAM is headquartered in Australia and has offices across New Zealand, Asia, Africa and the Middle East. Woolpert is a U.S.-based architecture, engineering, geospatial (AEG) and strategic consulting firm with 44 offices in three countries.

https://woolpert.com/reso


September 15, 2021

Under a Master Serves Agreement (MSA), a local team of Brown and Caldwell, Lotus Water, and Paradigm Environmental will provide a diverse range of services to implement San Jose's 2019 Green Stormwater Infrastructure (GSI) Plan. 

https://brownandcaldwell.


September 9, 2021

Perkins Engineering Consultants, a Texas engineering firm specializing in water/wastewater services, joined Mead & Hunt, a national, full-service architectural-engineering firm, on August 1st, 2021. This move allows both Mead & Hunt and Perkins Engineering Consultants to offer enhanced services to clients and expand their geographic reach, furthering the strategic vision of both firms.

https://acec.org//default


Market Indicators
Indicators

Engineering Employment
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1,561,200 (July)
1,556,600 (June)

Construction Spending
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$1,552,200,000 (June)
$1,551,200,000 (May)

Dodge Momentum Index
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155.8 (July)
164.9 (June)

Morrissey Goodale U.S. M&A Index
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380 Deals—Up 30 percent year-over-year

AIA Billings Index
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54.6 (July)
57.1 (June)

Engineering Career Opportunities

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