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National HQ Hosts Class on Improving Financials Ahead of Ownership Transition

ACEC News / Education
November 14, 2019

National HQ Hosts Class on Improving Financials Ahead of Ownership Transition

David Cohen, managing director of Matheson Financial Partners, leads a two-day "Navigating Firm Financials for a Well Executed Transition class at ACEC HQ in Washington D.C this week.
 

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Five-Year McKinsey Study Finds Slow Improvement for Women in Workplace

Industry News
November 14, 2019

Five-Year McKinsey Study Finds Slow Improvement for Women in Workplace

Women have made progress in rising to senior positions in the workplace in recent years, but a “broken rung” in the promotion ladder needs to be fixed, according to McKinsey & Company’s recent report “Women in the Workplace 2019.”

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Advocacy / Infrastructure Funding
November 14, 2019

ACEC, Coalition Urge Congress to Repeal $7.6 Billion Rescission

ACEC and a coalition of transportation stakeholders have sent a letter urging Congressional leaders to repeal by the end of 2019 the impending $7.6 billion rescission of highway contract authority scheduled for July 1, 2020.

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ACEC News / Education
November 14, 2019

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.

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Industry News / Opinion
November 13, 2019

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.

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Member Firm News
February 21, 2020

Semco Maritime and ISC Consulting Engineers, based in Denmark, along with WSP USA based in the U.S. have announced a partnership that will combine Semco Maritime and ISC’s offshore wind farm and substation engineering and construction experience with WSP’s expertise in U.S. offshore wind permitting and engineering.

https://www.wsp.com/en-US


February 7, 2020

Terracon is excited to announce its acquisition of Skelly and Loy (S&L), headquartered in Harrisburg, Pa. S&L is a privately held environmental consulting and engineering services company, with more than 50 years serving public- and private-sector clients in the Mid-Atlantic region.

https://www.prnewswire.co


February 4, 2020

AECOM announced today that it has been named to Fortune magazine’s list of the World’s Most Admired Companies for the sixth consecutive year.

https://www.aecom.com/pre


Market Indicators
Indicators

Engineering Employment
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1,532,800 (December)
1,529,700 (November)

Construction Spending
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$1,324,100,000 (November)
$1,316,800,000 (October)

Dodge Momentum Index
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156.2 (December)
153.9 (November)

Morrissey Goodale U.S. M&A Index
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310 Deals--Up 4 percent year-over-year

AIA Billings Index
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52.5 (December)
51.9 (November)

Engineering Career Opportunities

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