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ACEC News
Tomorrow is the Deadline to Submit Your Firm’s Innovative Flood Mitigation Project to Engineering Inc.
The deadline for submitting your innovative flood mitigations projects to be highlighted in the July/August 2019 issue of Engineering Inc. is Wednesday, April 3.
ACEC News / President's Monthly Update
President's Monthly Update--April 2019
ACEC President/CEO welcomes in Spring at the Council and gears up for the upcoming ACEC Annual Convention in Washington, D.C., May 5-8, 2019.
Industry News / Infrastructure Funding
FEMA to Invest $400 to $600 Million Annually in Disaster Mitigation
States prone to hurricanes, floods, and other disasters will have access to between $400 and $600 million in grants annually through an expanded FEMA disaster mitigation program created by Congress last year. The funds will be available beginning in 2020.
ACEC News / Industry Statistics
Take Part in ACEC’s Professional Liability Insurance Survey of Member Firms
The 2019 ACEC Professional Liability Insurance Survey of Member Firms for Fiscal Year 2018 is taking place through Friday, April 12.
ACEC News / Advocacy
ACEC Joins Stakeholder Letter Opposing Intrusive “Transparency” Legislation
ACEC was recently featured in a Bloomberg Law article, States want to snoop on contractors, but plans are stalling, written by Bloomberg’s Andrew Wallender and Sara Merken. The article focused on legislation that is being offered in multiple states to monitor the computer activity of contractors doing work on public sector projects.
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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