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More than two years after the $18.8 million La Canada Drive widening was largely finished, the legal battle that flared up in its wake between Pima County and the main contractor for the project is now largely concluded. In early April, the Western Surety Co. – acting as the attorney for contractor Select Development and Construction – agreed to a …
A startup construction firm, Katerra, has building projects in the works all over Northern California, but it has remained quiet until now about its unusual high-tech methods and its backing from finance, real estate, and technology heavyweights. Katerra, a two-year-old company that says its technology platform brings the efficiency of electronics manufacturing to construction projects, announced Thursday it raised $130 …
It may take a village to raise a building, but it takes only one disgruntled subcontractor to ensnare a project in a legal tug-of-war. For One57, the 75-story luxury condo tower on Billionaires’ Row, fire sprinklers are at the heart of an ongoing dispute with the developer and project’s general contractor. Federated Fire Protection Systems, which does plumbing, heating and …
The contractor in charge of a project to provide aeration pump upgrades and sludge removal at the Kealakehe Wastewater Treatment Plant has defaulted, and dredging of the facility’s sludge ponds has come to a temporary halt, according to the Department of Environmental Management (DEM). Tell me more >>>
With demand for housing high in the DC area and a constrained supply, one may assume that the price of a new condo is climbing. However, a recent report by Delta Associates shows that while more new condos were sold in the first quarter of 2017 than during the same period last year, prices have flattened regionwide. Read the full …
Work will likely resume soon on the nearly completed McLean County Regional Water Plant project, two months after the bankruptcy of Evansville contractors Peyronnin Construction brought most of the work at the Calhoun site to a standstill. Bill Quisenberry, attorney for the McLean County Regional Water Commission, said when Peyronnin filed bankruptcy Jan. 9, a trustee was appointed by a …
The former owner of a suburban construction business convicted of acting as an illegal front so another company could secure a lucrative city airport contract was sentenced Thursday to 12 months in federal prison. Read the full article >>>
Introduction In 1983, in recognition of the historical impact of discrimination on the ability of racial and minority-owned businesses to contract with the government, the federal government passed a federal disadvantaged business enterprise (DBE) programme which has been reauthorised as recently as 2015 in Section 1101(b) of the Fixing America’s Surface Transportation Act, Pub L 114-94. The purpose of the …
Apartment building developers have a lot to worry about. So many new developments are under construction, they are likely to compete with each other and not just for residents. Developers are also competing to find construction workers to build their projects. “A very tight construction labor market is going to get even worse,” says Bill McDonald, president and chief investment …
The general contractor building what will soon be Austin’s largest hotel has filed a lawsuit seeking at least $27 million in damages against a subcontractor that allegedly caused the project to fall behind schedule. Read the full article>>>
