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ACEC News / Convention
CEO Panel Offers Restrained Optimism About Federal Infrastructure Funding Before 2020 Election
Infrastructure association leaders participating on a panel at the ACEC Convention this morning were measured in their expectations about major infrastructure funding legislation this year, but added that it is one of the few issues the political parties can agree on and that Congress and President Trump will want a legislative win prior to the 2020 election. Pictured left to right: ACEC President/CEO Linda Bauer Darr, Edison Electric Institute President Thomas Kuhn, Associated General Contractors of America Stephen Sandherr, American Public Transportation Association President/CEO Paul Skoutelas, Waterways Council President/CEO Mike Toohey, AASHTO Executive Director Jim Tymon, and ACEC Chair ACEC Chair Manish Kothari and ACEC CEO/President Linda Bauer Darr moderated a panel of infrastructure association leaders at the ACEC Convention this morning:
Advocacy / Convention
Political Analysts Brazile and Perino Address Polarization, Infrastructure, Election at ACEC Convention
FOX News analysts Donna Brazile and Dana Perino discussed the polarization of national politics, prospects for an infrastructure funding bill, and the presidential election at the 2019 ACEC Annual Convention in Washington, D.C. today.
ACEC’s EBI Survey: Engineering CEO Confidence Up, But Wary of Economic Headwinds
Member Firm leader confidence rose in the first quarter of 2019, according to the ACEC Engineering Business Index (EBI) survey released today, but they see storm clouds on the horizon.
ACEC News / Advocacy
ACEC to Run Radio Spot Celebrating Engineering During Annual Convention
ACEC will run a radio spot welcoming attendees to the 2019 ACEC Annual Convention and Legislative Summit next week.
ACEC News / Awards
Nominations for 2019 ACEC Community Service Awards Close on June 14
The ACEC Fellows Committee is soliciting nominations for the 2019 ACEC Community Service Awards, which recognize Member Firm leaders who have made a significant impact on the quality of life in their communities.
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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