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ACEC News / Business Management
February 13, 2020

Update on IRS Rules for Meals and Entertainment

Beginning in 2018, no deduction was allowed for entertaining clients, employees or referral sources. Most business meals remain 50 percent deductible. One often overlooked exception is office-wide parties or picnics for employees, which are 100 percent deductible. Confused? Don't be. We asked Michael Baker of Moses Dent to break down the rules.

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Got an Infrastructure Question for the Democratic Candidates? Send it in by Thursday to be Included in ACEC-Hosted Forum

ACEC News / Infrastructure
February 11, 2020

Got an Infrastructure Question for the Democratic Candidates? Send it in by Thursday to be Included in ACEC-Hosted Forum

ACEC has partnered with a diverse group of industry stakeholders to host a first-of-its-kind presidential candidate forum focused solely on the issue of infrastructure. The forum will be moderated by reporters and editors at The Wall Street Journal who will ask questions collected by members of the host committee. This provides ACEC and our diverse membership a unique opportunity to have our industry's voice heard by the leading candidates for the presidency.

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Senator Amy Klobuchar and Mayor Pete Buttigieg Confirm Participation in Candidates’ Infrastructure Forum

ACEC News / Infrastructure
February 10, 2020

Senator Amy Klobuchar and Mayor Pete Buttigieg Confirm Participation in Candidates’ Infrastructure Forum

Senator Amy Klobuchar and Mayor Pete Buttigieg have confirmed their participation in the Moving America Forward: A Presidential Candidate Forum on Infrastructure, Jobs, and Building a Better America. at the University of Las Vegas on Sunday, February 16.  ACEC is part of the host committee for the forum.

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Engineering / Member Firms
February 10, 2020

Smart Cities: What Really Makes Them Smart?

Recently, I had the pleasure of taking part in the Intelligent Transport Systems World Congress in Singapore, where leaders from around the world gathered to discuss the future of mobility. My presentation – Emerging Mobility Solutions and Smart Cities – was among many that explored vital mobility topics, from technology innovation to data management to sustainability to many others. But, by the conference’s end, one burning question had yet to be answered: What makes a smart city – smart?

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Register Now For the 2020 Coalition Winter Member Meeting, New Orleans, 2/27-2/28

ACEC News / Education
February 7, 2020

Register Now For the 2020 Coalition Winter Member Meeting, New Orleans, 2/27-2/28

The 2020 Coalition Winter Member Meeting will feature sessions on coordinating designs, project teams and specifications.

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Member Firm News
November 30, 2020

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. 

https://www.thorntontomas


November 24, 2020

Jacobs Engineering Group Inc. today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.

https://www.jacobs.com/ne


November 20, 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.

https://investor.tetratec


Market Indicators
Indicators

Engineering Employment
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1,504,100 (October)
1,500,100 (September)

Construction Spending
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$1,414,000,000 (September)
$1,410,400,000 (August)

Dodge Momentum Index
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127.5 (October)
129.8 (September)

Morrissey Goodale U.S. M&A Index
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299 Deals--Down 2 percent year-over-year

AIA Billings Index
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47.5 (October)
47.0 (September)

Engineering Career Opportunities

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