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Industry News / Market Forecast
July 29, 2019

Engineering Influence Podcast Dives into the 2nd Quarter Engineering Business Index Survey Results

In the latest episode of ACEC's Engineering Influence podcast, Strategic Communications Director Jeff Urbanchuk and Senior Communications Writer Gerry Donohue discss the latest Engineering Business Index (EBI) results. To listen to the episode, click here.

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Industry News
July 29, 2019

SBA Small Business Revenue Threshold for Engineering Firms to Climb 10 Percent

The Small Business Administration (SBA) will raise the annual revenue threshold for engineering firms to qualify for SBA loans and set-aside contracts by 10 percent to $16.5 million. The new standard will take effect on August 19.

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Industry News / Infrastructure Funding
July 29, 2019

Senate EPW Committee Releases Five-Year $287 Billion Surface Transportation Bill

The America's Transportation Infrastructure Act of 2019 (ATIA), released by the Senate Environment and Public Works (EPW) Committee today, authorizes $287 billion in surface transportation investments over five years. The proposed bill would increase current funding by 27 percent.

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Engineering Influence Podcast: ACEC Government Affairs Update

ACEC News / Advocacy
July 26, 2019

Engineering Influence Podcast: ACEC Government Affairs Update

In this episode of the Engineering Influence podcast ACEC's Senior Vice President for Advocacy and External Affairs Steve Hall and Senior Director for Transportation Matt Reiffer discuss the upcoming Senate Environment and Public Works Committee markup of the America's Transportation Infrastructure Act, as well as the current status of water related infrastructure bills in Congress. 

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Member Firm News
August 14, 2019

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.”

https://www.oneatlas.com/


August 6, 2019

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.

http://www.dewberry.com/n


July 24, 2019

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. 

https://www.westconsultan


Market Indicators
Indicators

ACEC Engineering Business Index (EBI)
Indicator Up image
62.6 (2Q, 2019)
62.2 (1Q, 2019)

Engineering Employment
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1,521,800 (July)
1,517,500 (June)

Construction Spending
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$1,286,997,000 (June)
$1,303,427,000 (May)

ACEC Stock Index
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38.16 (August 5)
41.90 (July 29)

Dodge Momentum Index
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138.9 (July)
145.6 (June)

Morrissey Goodale M&A Index
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297 Deals year-over-year (August)
312 Deals year-over-year (July)

AIA Billings Index
Indicator Down image
49.1 (June)
50.2 (May)

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