Categories
Categories
ACEC News / Education
Buy-Sell Agreements – Don’t Sell Your Firm Short
Your firm’s buy-sell agreement determines when and how ownership changes, yet most buy-sell agreements are drafted, signed and never revisited, leaving you exposed to costly mistakes.If you haven't recently reviewed your buy-sell agreement, now is the time. In fact, it's past time.
Industry News
Bipartisan Retirement Bill Approved by House
The House of Representatives has approved legislation to improve the nation’s retirement savings system.
ACEC News / Member Organizations
ACEC President/CEO Linda Bauer Darr Discusses Industry Challenges in ACEC/Kansas Podcast Interview
ACEC/Kansas Executive Director Scott Heidner recently interviewed ACEC President/CEO Linda Bauer Darr for an episode of the QBS Express podcast.
Industry News / Member Organizations
NYC's Transit Authority Demands 10 Percent Cuts in A/E Contracts; ACEC/New York Fights Back
The New York Metropolitan Transportation Authority (MTA) is demanding 10 percent cuts in existing contracts with its A/E vendors in an effort to close a projected $1 billion deficit in its 2022 budget.
ACEC News / Advocacy
WSJ Publishes ACEC President/CEO Linda Bauer Darr's Letter Calling for More Resilient Infrastructure
In a letter published in The Wall Street Journal, ACEC President/CEO Linda Bauer Darr calls for a more proactive approach to disaster mitigation.
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Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.
The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.
Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.
Indicators
Engineering Employment
1,539,400 (March)
1,532,000 (February)
Construction Spending
$1,516,900,000 (February)
$1,529,000,000 (January)
Dodge Momentum Index
151.4 (March)
148.8 (February)
Morrissey Goodale U.S. M&A Index
313 Deals--Down 2 percent year-over-year
AIA Billings Index
53.3 (February)
44.9 (January)