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ACEC News / Coronavirus
Treasury and SBA Release PPP Loan Forgiveness Application
The Treasury Department and the Small Business Administration have released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. Click here to view the application and instructions.
ACEC News / Coronavirus
ACEC Seeks Clarification on Potential Impact of PPP Loan Forgiveness on Firm Rates
The Council is seeking clarification from the federal government on the treatment of loan forgiveness received by an engineering firm for a Paycheck Protection Program loan relative to direct and indirect costs allocable to government contracts in accordance with Federal Acquisition Regulation.
ACEC News / Industry Statistics
ACEC Macro-Economic Update: Fed Chair Urges More Stimulus | Retail Sales Plummet
ACEC's Erin McLaughlin reports on Federal Reserve Chairman Powell's recent comments and a record drop in retail sales.
ACEC News / Coronavirus
ACEC Offers Free Streaming Webinars to Help Firms in COVID-19 Crisis
ACEC has more than a dozen webinars available for free streaming on a wide variety of key issues to help firms adapt and work through the COVID-19 crisis.
ACEC News / Coronavirus
Notes from ACEC Member Roundtables on COVID-19 Impact and Response
ACEC has hosted a series of virtual roundtables over the past eight weeks to give members the opportunity to have open discussions with their peers about the challenges they face in dealing with the COVID-19 crisis and the solutions they have found.
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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)
Engineering Career Opportunities
