Categories
Categories
Industry News / Industry Statistics
Construction Backlog Indicator Drops in January 2019
The Associated Builders and Contractors (ABC) Construction Backlog Indicator shrank to 8.1 months in January, a 9.3 percent decline from the 8.9 month reading in the fourth quarter of 2018.
ACEC News / Member Organizations
ACEC/VA & ACEC/Metro Washington Score QBS Victory With Minuteman Fund Support
Earlier this week, Virginia Governor Ralph Northam signed a new law to close a loophole in the state's Public Procurement Act that allowed local governments to exempt themselves from QBS and adopt their own tailored procurement acts allowing price into the selection methodology.
ACEC News
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 will be conducted from Monday, March 25, through COB Friday, April 12.
ACEC News / Convention
Have You Experienced the Greatest Celebration of Engineering Excellence? Watch This.
Industry News / Member Firms
Mott MacDonald and Microsoft To Create Cloud-based Smart Infrastructure Platform
Mott MacDonald and Microsoft have teamed up to create a cloud-based smart infrastructure platform to help cities deliver sustainable public services. Using performance modeling, advanced analytics, and artificial intelligence, the platform will help cities better manage their assets.
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)
Job Board
