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Advocacy / Infrastructure Funding
November 14, 2019

ACEC, Coalition Urge Congress to Repeal $7.6 Billion Rescission

ACEC and a coalition of transportation stakeholders have sent a letter urging Congressional leaders to repeal by the end of 2019 the impending $7.6 billion rescission of highway contract authority scheduled for July 1, 2020.

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ACEC News / Education
November 14, 2019

Best Valuation Method for Buy-Sell Agreements

In buy-sell agreements for many engineering firms, “valuation is the most difficult issue because there is no ready market for closely held businesses,” says Mike Baker, managing partner of Dent Moses LLP, an accounting firm in Birmingham, Ala.

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Industry News / Opinion
November 13, 2019

Guest Blog Post: What’s a Good Outside Board Director Worth?

Ian Rusk, managing principal of Rusk O'Brien Gido + Partners, discusses the key issues and benefits of bringing on an outside director to the board of a privately held A/E firm.

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Online Class Highlights Benefits and Pitfalls of FHwA’s “Safe Harbor” Indirect Cost Rate Policy, November 26

ACEC News / Education
November 12, 2019

Online Class Highlights Benefits and Pitfalls of FHwA’s “Safe Harbor” Indirect Cost Rate Policy, November 26

In the November 26 online class “FHWA “Safe Harbor” Indirect Cost Rate Policy: Benefits and Pitfalls for New and Small Firms” Wayne Owens and Tony Machi will discuss the FHWA guidance that allows firms that have not developed an overhead rate that complies with the Federal Acquisition Regulations (FAR) to voluntarily use a “safe harbor” indirect cost rate when contracting with DOTs on federally funded projects.

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Happy STEM/STEAM Day!

Engineering / Industry News
November 8, 2019

Happy STEM/STEAM Day!

November 8 is national STEM/STEAM Day with activities across the country designed to encourage kids and individuals of all ages to pursue their passions in the world of Science, Technology, Engineering, Art and Math. Start promoting STEM education in your community today and continue the effort through the year. 

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Member Firm News
January 12, 2021

As enterprises thoughtfully work to meet environmental objectives from regulators, shareholders and consumers, Black & Veatch announces the launch of a dedicated environmental business unit to support those objectives.

https://www.bv.com/news/b


January 8, 2021

HDR is serving as owner’s engineer for Invenergy’s recently announced Samson Solar Energy Center, the largest solar project in U.S. history. Located in northeastern Texas, Samson Solar Energy Center is designed to produce 1,310 megawatts of power. 

https://www.hdrinc.com/ne


December 21, 2020

Bowman Consulting Group, Ltd. has signed a Letter of Intent to acquire KTA, an engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third party plan review, and lighting design.

https://www.acec.org/defa


Market Indicators
Indicators

Engineering Employment
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1,514,500 (December)
1,510,100 (November)

Construction Spending
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$1,459.400,000 (November)
$1,446,900,000 (October)

Dodge Momentum Index
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134.6 (December)
123.3 (November)

Morrissey Goodale U.S. M&A Index
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295 Deals--Down 7 percent year-over-year

AIA Billings Index
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46.3 (November)
47.5 (October)

Engineering Career Opportunities

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