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Categories
ACEC News / Coronavirus
ACEC Leads Industry Effort to Seek OMB Intervention on Potential Impact of PPP Loan Forgiveness on Firm Rates
The Council led an industry effort of design, construction and engineering associations to get clarification from the federal government on the treatment of loan forgiveness received by a small business for a Paycheck Protection Program (PPP) loan relative to direct and indirect costs allocable to government contracts in accordance with Federal Acquisition Regulation (FAR).
ACEC News
Carrato and Carragher Introduce the ACEC Research Institute on Engineering Influence Podcast
On the latest Engineering Influence podcast, ACEC Research Institute Chair John Carrato of Benesch and Vice-Chair Michael Carragher of VHB discuss the organization's mission, vision, and future.
ACEC News / Advocacy
ACEC Letter to House Members Praises PPP Flexibility Act, Calls Out Additional Problem Areas
In a letter to all U.S. Representatives today, ACEC urged passage of the Paycheck Protection Program Flexibility Act of 2020 and highlighted two additional problem areas that may require congressional action.
ACEC News / Coronavirus
ACEC Life/Health Trust Announces Loyalty Credit
The ACEC Life/Health Trust is crediting back over $10 million nationwide to firms on a Trust medical plan.
Advocacy / Coronavirus
U.S. Treasury Releases Guidance on PPP Loan Forgiveness
ACEC's Steve Hall offers details on the U.S. Treasury Department's latest guidance on PPP loan forgiveness.
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Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.
The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.
Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.
Indicators
Engineering Employment
1,539,400 (March)
1,532,000 (February)
Construction Spending
$1,516,900,000 (February)
$1,529,000,000 (January)
Dodge Momentum Index
151.4 (March)
148.8 (February)
Morrissey Goodale U.S. M&A Index
313 Deals--Down 2 percent year-over-year
AIA Billings Index
53.3 (February)
44.9 (January)