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ACEC News / Education
Best Valuation Method for Buy-Sell Agreements
In buy-sell agreements for many engineering firms, “valuation is the most difficult issue because there is no ready market for closely held businesses,” says Mike Baker, managing partner of Dent Moses LLP, an accounting firm in Birmingham, Ala.
Industry News / Opinion
Guest Blog Post: What’s a Good Outside Board Director Worth?
Ian Rusk, managing principal of Rusk O'Brien Gido + Partners, discusses the key issues and benefits of bringing on an outside director to the board of a privately held A/E firm.
ACEC News / Education
Online Class Highlights Benefits and Pitfalls of FHwA’s “Safe Harbor” Indirect Cost Rate Policy, November 26
In the November 26 online class “FHWA “Safe Harbor” Indirect Cost Rate Policy: Benefits and Pitfalls for New and Small Firms” Wayne Owens and Tony Machi will discuss the FHWA guidance that allows firms that have not developed an overhead rate that complies with the Federal Acquisition Regulations (FAR) to voluntarily use a “safe harbor” indirect cost rate when contracting with DOTs on federally funded projects.
Engineering / Industry News
Happy STEM/STEAM Day!
November 8 is national STEM/STEAM Day with activities across the country designed to encourage kids and individuals of all ages to pursue their passions in the world of Science, Technology, Engineering, Art and Math. Start promoting STEM education in your community today and continue the effort through the year.
ACEC News / Engineering
Simpler, Kothari Wrap Up U.S. Commerce Department Trade Mission to Southeast Asia
ACEC Chair Mitch Simpler (right) meets with Indonesian President Joko Widodo during the U.S. Department of Commerce trade mission to Southeast Asia this week.
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In recognition of Climate Action Day, WSP USA has furthered its commitment to reduce, and ultimately eliminate, embodied carbon in its structural system projects by 2050 as a signatory to the Structural Engineering Institute (SEI) SE 2050 Commitment Program.
Leading environmental engineering and construction firm Brown and Caldwell today announces the launch of BC:Opta™, its unique approach to utility optimization for a more effective future.
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of the assets of Triangle Site Design (“Triangle”) headquartered in Raleigh, NC. Triangle, founded in 2008 and led by its founder Matt Lowder, delivers civil engineering and land planning services to clients throughout the Research Triangle area of North Carolina.
Indicators
Engineering Employment
1,579,500 (August)
1,560,800 (July)
Construction Spending
$1,568,800,000 (July)
$1,563,400,000 (June)
Dodge Momentum Index
148.7 (August)
154.0 (July)
Morrissey Goodale U.S. M&A Index
388 Deals—Up 26 percent year-over-year
AIA Billings Index
55.6 (August)
54.6 (July)
Engineering Career Opportunities
