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Business Management / Coronavirus
Pandemic Implications for Government Contractors: How the FAR Covers COVID-19
Ryan Bradel, a partner at the law firm Ward & Berry in Washington, D.C. offers an analysis of what government contractors should know while navigating the COVID-19 pandemic.
Coronavirus / Infrastructure
Fitch Ratings Reports on Coronavirus Impact on Infrastructure Sector
The impacts of the coronavirus pandemic, while still evolving, create risks that are far beyond what has been experienced in the infrastructure and project finance sectors in many decades. While the Global Financial Crisis (GFC) provides a benchmark and demonstrated the stability of core infrastructure assets (enterprises and projects), the rapid shutdown of major global economies that is being experienced now creates the potential for the near-term economic impact to be materially worse, and creates uncertainty on the future collateral effects on contractual arrangements and the nature of the recovery.
Coronavirus / Industry News
Small Business Administration Offers Low-Interest Federal Disaster Loans to Mitigate Coronavirus Impact
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. All states are expected to be eligible in the near future.
Coronavirus / Industry News
OSHA Releases Guidance on Coronavirus in the Workplace
The Occupational Safety and Health Administration (OSHA) has released a guidance for dealing with the Coronavirus pandemic in the workplace.
Coronavirus / Industry News
PennDOT Suspends Operations in Face of Coronavirus
The Pennsylvania Department of Transportation is suspending all operations, including construction, except critical and emergency work due to the Coronavirus pandemic.
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Thornton Tomasetti announced the launch of T2D2, a software as a service (SaaS) platform that uses artificial intelligence (AI) – computer vision powered by deep learning – to identify and assess damage and deterioration to building envelopes and structures through images.
Jacobs Engineering Group Inc. today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.
Tetra Tech, Inc. announced today that the Federal Emergency Management Agency (FEMA) awarded a Tetra Tech-led joint venture a five-year, single-award contract, valued up to $50 million, to increase resilience and reduce the costs of recovery efforts in disaster-stricken communities.
Indicators
Engineering Employment
1,504,100 (October)
1,500,100 (September)
Construction Spending
$1,414,000,000 (September)
$1,410,400,000 (August)
Dodge Momentum Index
127.5 (October)
129.8 (September)
Morrissey Goodale U.S. M&A Index
299 Deals--Down 2 percent year-over-year
AIA Billings Index
47.5 (October)
47.0 (September)
Engineering Career Opportunities
