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Advocacy / Industry News
House Passes ‘Cadillac Tax’ Repeal
Making a rare bipartisan change to the Affordable Care Act (ACA), the House of Representatives approved the Middle Class Health Benefits Tax Repeal Act of 2019 (H.R. 748) by a vote of 419 to 6.
ACEC News
Matt Murello Discusses Importance of ACEC Coalitions
In the latest Engineering Influence podcast, ACEC Coalition Leaders Steering Committee Chair-Elect Matt Murello discusses the importance of coalitions through ACEC membership.
ACEC News / Awards
Today is the Deadline for the 2019 QBS Awards Nominations!
Submit your nominations now for the 2019 QBS Awards, which recognize public and private entities that make exemplary use of the Qualifications-Based Selection process at the federal, state and local levels. The deadline is close of business tomorrow.
ACEC News / Advocacy
Federal Agencies and Procurement Advocacy Committee Addresses Procurement with USACE, NAVFAC and USDA
Members of the Federal Agencies and Procurement Advocacy (FAPA) Committee met at ACEC headquarters for two days last week to discuss federal procurement policy and to meet with their federal client partners.
ACEC News / Fall Conference
Join the Order of the Engineer at the Upcoming ACEC Fall Conference in Chicago
The Order of the Engineer is a national organization dedicated to “upholding the standards and dignity of the engineering profession” and fostering a spirit of pride among practitioners.
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.”
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.
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.
Indicators
ACEC Engineering Business Index (EBI)
62.6 (2Q, 2019)
62.2 (1Q, 2019)
Engineering Employment
1,521,800 (July)
1,517,500 (June)
Construction Spending
$1,286,997,000 (June)
$1,303,427,000 (May)
ACEC Stock Index
38.16 (August 5)
41.90 (July 29)
Dodge Momentum Index
138.9 (July)
145.6 (June)
Morrissey Goodale M&A Index
297 Deals year-over-year (August)
312 Deals year-over-year (July)
AIA Billings Index
49.1 (June)
50.2 (May)
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