Categories
Categories
Industry News / Market Forecast
Dodge Momentum Index Nudges Higher in March
The Dodge Momentum Index inched up 0.5 percent in March to 145.5 from the revised February reading of 144.8.
ACEC News / Education
April 16 Online Class: How You Can Help New Consultants Succeed at Your Firm
In the April 16 online class Working in a Consulting Organization: A Beginner's Guide to Achieving Success, Larry Cahill, author of Can I Borrow Your Watch? A Beginner’s Guide to Succeeding in a Successful Consulting Organization, will address how firms can better prepare new consultants.
Industry News / Infrastructure Funding
Congressional Panel Members Support Boosting Harbor Maintenance Trust Fund Allocations
Bipartisan members of a House subcommittee expressed support this week for fully allocating the $10 billion balance in the Harbor Maintenance Trust Fund (HMTF).
ACEC News / Industry Statistics
ACEC’s Professional Liability Insurance Survey of Member Firms Ends Friday, April 12
The 2019 ACEC Professional Liability Insurance Survey of Member Firms for Fiscal Year 2018 ends at COB Friday, April 12.
ACEC News / Advocacy
Legislation Introduced to Make Passthrough Deduction Permanent
Senator Steve Daines (R-MT) has introduced the Senate version of the Main Street Tax Certainty Act, which would make the Section 199A 20 percent passthrough tax deduction permanent. Representatives Jason Smith (R-MO) and Henry Cuellar (D-TX) introduced identical legislation in the House.
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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