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In 1972, Hiram DuRousseau Sr. decided he wanted more out of life. He bought a tractor, bush hog and box blade. “You can’t go wrong cutting grass,” says the family patriarch. Both Hiram Sr. and his wife, Jeanette, already had jobs. He was a plant shift worker, she worked at AT&T. But both used their off hours to get their …
A judge Monday declined to block Austin from belatedly terminating its contract with Waller Creek Tunnel builder S.J. Louis – allowing the cancellation to stand, for now, as the city’s response to what it called massive flaws in the tunnel. However, the firm’s breach of contract lawsuit will proceed. Tell me more >>>
As a contracting business grows in capacity to handle projects, an important question that arises is how to also increase your capacity to obtain larger amounts on your bonds required for construction projects. Without increasing your bond line, you are limited in the amount of work you can undertake which in turn is necessary to grow your business further. Read …
A Walton College economist Mervin Jebaraj doesn’t see much upside to tariffs that President Donald Trump says he plans to impose. On Thursday (March 8), Trump pulled the trigger on tariffs for steel and aluminum imports. The President’s order places a 25% tariff on steel imports and a 10% tariff on aluminum imports, and created exemptions for imports from Canada …
Legislation passed late last year in Ontario that requires surety bonds for municipal contracts will likely expand the surety market in both the public and public-private sectors in Canada, industry sources say. The legislation may also have a knock-on effect on other provinces, they add. In British Columbia, the B.C. Law Institute is currently undertaking a review of the Builders …
The Wells Fargo report matches up with the Associated General Contractors of America’s and Sage Construction and Real Estate’s 2018 outlook report released in early January. That report found that 75% of the construction companies surveyed planned to add to their payrolls this year, a sentiment spurred on by lower tax rates and expected regulatory reform. Read more here >>>
An Owings Mills man was sentenced to 2 1/2 years in federal prison Tuesday for embezzling more than $3 million from the insurance company he worked for on cars, a yacht and a NASCAR team. Saleh Stevens, 45, pleaded guilty in August 2014, prosecutors said. U.S. District Judge Marvin J. Garbis ordered Stevens to serve three years of probation after …
By Ballard Spahr for “JDSUPRA” The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America’s infrastructure (the Infrastructure Plan). The Infrastructure Plan is intended “to lead to at least $1.5 trillion in investments to rebuild our failing infrastructure and develop innovative projects” through $200 billion in federal funding to promote state and local …
In the U.S., commercial drone use has accelerated across many industries. In the last two years, one million new pilots have registered with the Federal Aviation Administration, and by 2020, experts expect seven million drones to be in use. The 2017 Drone Market Sector Report found that construction (design, building inspection or monitoring) is in the top three uses for …
Behind the gleaming glass facade of LaSalle’s new civic centre lies a tangled mess of construction liens and lawsuits still making its way through the courts three and a half years after the building opened to the public. Battling in the civil courts are Piroli Construction, the general contractor on the $13.8-million project, and the Town of LaSalle, as well …
