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Project Delivery - Featured Headline

Private Funding Finds A Way Into Other Public Spaces
01/30/12 By Debra K. Rubin
Alternative finance gains traction on “social infrastructure” projects—public health care, educational and justice facilities, among others, with a key focus on long-term “life cycle” value.

PHOTO COURTESY OF INFUSION HEALTH

U.K. Takes Hard Look at Cost of Private Finance Initiative
01/30/12 By Bruce Buckley
Great Britain's Conservative government calls for innovation in private financing of public works, but at a lower cost, too.

PHOTO COURTESY OF BALFOUR BEATTY

More News

02/13/12	Want to Invest in Bridges in Canada, U.K., Germany and Australia? By Debra K. Rubin New global fund for P3 project assets launched.
01/30/12	Special Report: Which Way the Winds are Blowing on P3s By Jim Parsons, Debra K. Rubin, Bruce Buckley and Dan O'Reilly A special package of stories evaluates the progress of public-private partnerships as a project finance approach to infrastructure.
01/30/12	Transport P3s Take Lessons Learned Into New Unknowns By Jim Parsons, with Debra K. Rubin Public officials and firms grapple with P3s as a way to fill wider funding gaps and drive growth.
12/20/11	Report: Solid Risk Management Must Go 'Beyond Checklists' By Richard Korman Bigger companies and owners are keenly aware of risk management, but they carry it out in different ways, says a new report by McGraw-Hill Construction’s research and analytics unit.
12/19/11	Why Sharing the Float is No Utopia, But Should Be By Richard Korman, with Tony Illia With the cost of delays and project harmony hanging in the balance, float-sharing is common but so are alternatives. Is float ownership absurd?
12/12/11	Joplin Rebuilding Stymied by Dispute Over Wage Rates By John Gregerson Local contractors say the prevailing-wage rate for public-works projects has in some cases nearly tripled.
11/17/11	Biennial Engineering Prize Established by UK Foundation By Peter Reina The $1.6-million Queen Elizabeth Prize for Engineering will recognize developments that significantly benefit humanity.
11/14/11	Happy Ending in Honolulu: Once-bankrupt Residential Tower Project Gets to Finish Line By Nadine M. Post Honolulu tower restarts after a year in bankruptcy.
10/31/11	TVA Removes Bechtel as Construction Manager at Watts Bar By Mary B. Powers TVA is cutting the workforce at the East Tennessee site by 800 while it reviews the project’s cost and schedule.
10/19/11	Pulse By Scott Lewis Project Leads
10/05/11	CH2M Hill Eyes Global Spread With Buy of U.K. Firm Halcrow By Debra K. Rubin The deal, set to close in November, would expand CH2M Hill's global footprint and engineering strength as well as improve cash flow for privately held Halcrow, which is struggling in some markets.
09/26/11	Construction Week: Gang's MacArthur, New Holland Withdraws, TBW Agreement Snagged, AAA Pushback News briefs for the week ending Sept. 26, 2011
09/26/11	Sustainability Infrastructure Ratings Merge By Laura Mirviss in Cambridge Two competing approaches now being developed to measure infrastructure sustainability will merge
09/14/11	Sutter's Improved Relational Contract on Its Way By Nadine M. Post The Sacramento-based non-profit healthcare system, in the midst of a 5.5-billion capital program, is culling lessons learned from its IPD projects to improve the form, making it more user-friendly.
09/14/11	An Unprecedented 11 Partners Propel Integrated Project Delivery at Sutter's New California Hospital By Nadine M. Post 70% complete hospital is on budget and six weeks ahead of schedule thanks in part to Sutter Health’s expanded relational contract
09/14/11	Hospital's Steel Contractor Collaborates without Signing a Relational Contract By Nadine M. Post Herrick Corp., not a signatory on the Castro Valley hospital but a signatory on two other Sutter hospitals, says sharing risk with others can have advantages and disadvantages.
08/24/11	Massive Gigaprograms Come with Layers of New Risk By Debra K. Rubin Growing economies and fast-changing needs around the world make megaprojects passe. But today's resource development gigaprograms also have new risks.
08/15/11	GAO Upholds Bid Protests for New Orleans Flood Project By Angelle Bergeron The Corps of Engineers procurement for a $675-million New Orleans flood defense job had flaws, says the GAO.
07/13/11	Construction Week: End of an Era for 'Bucyrus' Construction Week news from ENR for the week of July 18th.
06/29/11	Construction Week Progress energy will renovate rather than shut down its Crystal River nuclear powerplant.
06/15/11	Afghanistan Reconstruction Contract Administration Needs Overhaul, U.S. Senate Committee Warns By Pam Hunter Since 2002, the U.S. has spent $17.3 billion to rebuild Afghanistan. U.S. government reports say contracts are poorly managed and undermined by endemic corruption and security risks.
06/08/11	State Dept. Gets Flack on Iraq By Pam Hunter Members of the Commission on Wartime Contracting in Iraq and Afghanistan were sharply critical of the State Dept’s handling of private contractors in Iraq and questioned whether the agency is prepared to take over responsibility for overseeing contracting in Iraq when the military pulls out in October.
05/18/11	Sudden Delay in Japan-Funded Work on Guam Worries Bidders Firms bidding for $3 billion of Japanese-funded work on the island of Guam were unnerved by a cryptic U.S. Navy announcement released just before the original May 16 proposal deadline saying that it was delaying the procurement “indefinitely.”
05/11/11	IRS Will Delay to 2013 Its Rule On 3% Contractor Withholding The U.S. Internal Revenue Service has approved a one-year delay—to Jan. 1, 2013—of a requirement that government agencies must withhold 3% of their payments to contractors. Design and construction groups oppose the mandate. The extension was published on May 9 in an IRS final rule and will apply to federal, state and local agencies' payments. The mandate, part of a 2006 statute, originally was to take effect at the start of 2011. The 2009 economic stimulus act extended the deadline until Jan. 1, 2012. The mandate applies to agencies whose total annual spending on goods and services is $100 million or more. Construction and other business groups have criticized the 3% requirement for holding up funds needed to complete projects and for increasing administration costs. Three bills are pending in Congress to repeal the mandate.