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INFRASTRUCTURE-FUNDING Results
July 30, 2019
ACEC Statement: America’s Engineers Applaud Approval of the America’s Transportation Infrastructure Act
July 29, 2019
Senate EPW Committee Releases Five-Year $287 Billion Surface Transportation Bill

The America's Transportation Infrastructure Act of 2019 (ATIA), released by the Senate Environment and Public Works (EPW) Committee today, authorizes $287 billion in surface transportation investments over five years. The proposed bill would increase current funding by 27 percent.

July 11, 2019
Senate EPW Committee Plans to Release Five-Year Highway Bill Before August Recess

Leadership of the Senate Environment and Public Works Committee have announced they will unveil a new five-year survface transportation bill before Congress takes its August recess.

June 28, 2019
ACEC Congratulates Illinois for Acting on Infrastructure

Earlier today, Illinois Governor J.B. Pritzker signed into law the most significant investment in infrastructure the state has seen in 30 years. Illinois makes 31 states that have raised revenues in recent years to boost spending on transportation projects and other infrastructure needs. 

June 27, 2019
House Approves Funding Bill for Transportation, Water, Military Construction

The House of Representatives passed a bill yesterday to fund U.S. Department of Transportation and the departments of Commerce, Interior, Veterans Affairs, Agriculture, and Housing and Urban Development, as well as environmental programs.

June 19, 2019
ACEC and Coalition Partners Urge Action on Infrastructure Legislation, Increase in Gas Tax

ACEC, along with a coalition of more than 40 national business and labor groups, sent a letter yesterday to President Trump and Congressional leaders urging them to resume action on infrastructure legislation this year.

June 17, 2019
Senate EPW Leaders Call for FAST Act Rescission Repeal

Senate Committee on Environment and Public Works Chair John Barrasso (R-WY) and Ranking Member Tom Carper (D-DE) joined the call to repeal the rescission of $7.6 billion in federal highway program funding on July 1, 2020.  ACEC has been working with AASHTO and dozens of other transportation stakeholders to eliminate the rescission in the context of any upcoming spending or budget deal.

June 10, 2019
ACEC's Engineering Influence Podcast Features Bloomberg's Shaun Courtney

In the latest episode of ACEC's Engineering Influence podcast, ACEC Strategic Communications Director Jeff Urbanchuk talks with Bloomberg Government's Shaun Courtney about the possibility of passing a big infrastructure bill, the liklihood of just reauthorizing the FAST Act, the House-Senate partisan divide, disaster relief, and whether earmarks could return in transportation funding.

June 7, 2019
Disaster Relief Package Provides Billions for Infrastructure

On June 6, President Trump signed into law a $19.1 billion disaster-relief package, more than half of which will fund infrastructure and related work in regions hit by hurricanes, floods, and other natural disasters.

May 28, 2019
ACEC, Transportation Allies Call for Repeal of $7.6 Billion FAST Act Rescission

ACEC and 30 coalition partners sent a letter last week to Congressional leaders urging them to repeal the $7.6 billion rescission in Federal-aid highway contract authority scheduled to take place in July 2020.  

Member Firm News
August 14, 2019

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.”

https://www.oneatlas.com/


August 6, 2019

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.

http://www.dewberry.com/n


July 24, 2019

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. 

https://www.westconsultan


Market Indicators
Indicators

ACEC Engineering Business Index (EBI)
Indicator Up image
62.6 (2Q, 2019)
62.2 (1Q, 2019)

Engineering Employment
Indicator Up image
1,521,800 (July)
1,517,500 (June)

Construction Spending
Indicator Down image
$1,286,997,000 (June)
$1,303,427,000 (May)

ACEC Stock Index
Indicator Down image
38.16 (August 5)
41.90 (July 29)

Dodge Momentum Index
Indicator Down image
138.9 (July)
145.6 (June)

Morrissey Goodale M&A Index
Indicator Down image
297 Deals year-over-year (August)
312 Deals year-over-year (July)

AIA Billings Index
Indicator Down image
49.1 (June)
50.2 (May)

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