Categories
Categories
Business Management / Coronavirus
Pandemic Implications for Government Contractors: How the FAR Covers COVID-19
Ryan Bradel, a partner at the law firm Ward & Berry in Washington, D.C. offers an analysis of what government contractors should know while navigating the COVID-19 pandemic.
Coronavirus / Infrastructure
Fitch Ratings Reports on Coronavirus Impact on Infrastructure Sector
The impacts of the coronavirus pandemic, while still evolving, create risks that are far beyond what has been experienced in the infrastructure and project finance sectors in many decades. While the Global Financial Crisis (GFC) provides a benchmark and demonstrated the stability of core infrastructure assets (enterprises and projects), the rapid shutdown of major global economies that is being experienced now creates the potential for the near-term economic impact to be materially worse, and creates uncertainty on the future collateral effects on contractual arrangements and the nature of the recovery.
Coronavirus / Industry News
Small Business Administration Offers Low-Interest Federal Disaster Loans to Mitigate Coronavirus Impact
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. All states are expected to be eligible in the near future.
Coronavirus / Industry News
OSHA Releases Guidance on Coronavirus in the Workplace
The Occupational Safety and Health Administration (OSHA) has released a guidance for dealing with the Coronavirus pandemic in the workplace.
Coronavirus / Industry News
PennDOT Suspends Operations in Face of Coronavirus
The Pennsylvania Department of Transportation is suspending all operations, including construction, except critical and emergency work due to the Coronavirus pandemic.
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The U.S. Department of Energy (DOE) has awarded Black & Veatch $2.5 million in federal funding to participate in a research and development (R&D) project aimed at advancing direct air capture (DAC) technology.
Woolpert has been granted a trademark for Inspansion, a method of adding capacity through analytics in place of physical expansion, by the U.S. Patent and Trademark Office. Woolpert Director of Strategic Consulting David Tomber developed Inspansion to help airports identify logical efficiencies in operations, technology and staffing to optimize facility performance, while deferring capital investment.
Global integrated design firm Stantec has established a cross-disciplinary center of excellence to provide sustainable, climate smart, and equitable infrastructure design services.
Indicators
Engineering Employment
1,555,500 (June)
1,552,800 (May)
Construction Spending
$1,545,300,000 (May)
$1,549,500,000 (April)
Dodge Momentum Index
165.8 (June)
175.1 (May)
Morrissey Goodale U.S. M&A Index
370 Deals--Up 30 percent year-over-year
AIA Billings Index
57.1 (June)
58.5 (May)
Engineering Career Opportunities
