This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Subsea7 has been awarded a large EPCI contract by Equinor for the Fram Sør subsea development project located offshore Norway , with a contract value estimated between $300 million and $500 million. Erik Femsteinevik “This award continues our long-standing collaboration with Equinor.
aboutmomentsimages - stock.adobe.com Marianna Kopsida, PhD, industry manager - IMF & Vertical Construction at Trimble, shares her insight into the state of the concrete industry and the challenges contractors are managing daily. Adoption has increased since the beginning of the year to manage yields and keep concrete costs down.
Weather conditions and material availability could affect the construction schedule, though Limak International’s experience with similar projects reduces these risks. The company’s project management expertise ensures construction milestones align with the club’s operational requirements.
percent in 2026. The worldwide construction business is resilient to deglobalization and geopolitical uncertainty thanks to flexible models developed over the previous half-decade that can better manage costs and programs amid disruptions. percent in 2026. percent in 2026. percent in 2025 and 4.0 percent in 2025 and 4.0
Responses to the RFQ are due by July 3, after which ATP says qualified firms will be invited to participate in a comprehensive Request for Proposals (RFP) process evaluating team experience, approach and cost, which an ATP spokesperson said was currently estimated at approximately $3 billion.
Financing relies entirely on private investment rather than public funding, with the club exploring strategic partnerships to fund the £2 billion development whilst managing existing debts of over £1 billion. The club explores various financing strategies to make this transformative vision a reality.
Companies such as Switch are rapidly expanding facilities, and one industry estimate suggests the local market could grow as much as nine times the current installed base. Sponsors of the legislation vowed to be back in 2027, when the Legislature is next scheduled to meet. But the other shoe could be about to drop.
The estimated $1.1-billion A construction schedule is being developed; project completion is expected in 2028 or 2029. Site preparation for the estimated 760-MW plant is expected to commence in the third quarter of 2025, with construction expected to start in 2026. Construction is expected to begin in 2026.
After completing all the hard work of estimating, preparing and presenting a bid, there’s nothing quite like getting that call from a client to say the job is yours. Courtesy of Jacobs Contractors thrive on new business and opportunities, living for the moment when a potential project becomes reality.
Volvo CEs Shippensburg operations will add capabilities to produce mid- to large-size excavators, The Shippensburg site will add four large wheel loader models to its current wheel loader production, with production planned to begin in the first half of 2026, the company said in a statement. plant, seen here. Is this comment offensive?
House of Representatives July 18, 2025 Lawmakers in Congress are advancing spending bills for fiscal 2026, with mixed results for items related to construction. The latest estimate for clean water estimates the 20-year need for wastewater infrastructure at more than $630 billion. Tom Cole (R-Okla.), Photo courtesy U.S.
Originally conceived as an 800-mile network connecting San Francisco and Southern California by 2030, the authority now estimates service beginning along the 171-mile Merced-Bakersville, California, line between 2030 and 2033 at a cost of up to $35 billion. It cited a “pattern of broken promises” dating back to the project’s early days.
The final environmental assessment will be completed by June 2024, and the design phase will begin immediately, but a 2026 construction date is planned. The cost estimate is placed at between $90 million to100 million. Design work will begin in 2025, and construction is slated for 2026. Construction is slated for 2026.
From measuring bid-to-win ratio, to how much a project is over budget or schedule, and KPIs , the more numbers you can put behind your work, the better. compound annual growth (CAGR) in modular construction by 2026 is predicted. compound annual growth (CAGR) in the construction robot market is predicted between 2021-2026.
Meanwhile, the labor market may not be as robust as previously thought, per the National Association of Home Builders (NAHB) and the US Bureau of Labor Statistics’ (BLS) preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. Expect 2,812 new hotels/430,355 rooms worldwide in 2026.
Over the past 3-4 years, he has elevated BIM to Building Information Management, playing a crucial role in implementing cloud solutions in major projects like Frauenklinik Bern, Inselspital BB12 and Gymnasium Neufeld. They trust her, and she advocates hard on their behalf. His impact on the team has been nothing short of exceptional.
Another 799 new hotels/85,654 rooms are expected to open by year-end 2025 and more in 2026 and beyond, according to the LE estimate. The project finished two weeks early due to contractor teamwork despite tight scheduling. ” Gill and Duclon estimated at least three wrecks occurred daily on US-19 before the renovation.
It’s a complex blend of project management, forecasting, communication and other skills that make this world of creating new spaces and structures possible. million by 2026 , where positions similar to general contractors ( those responsible for the entire construction project ) are among the most demanded. billion by 2029.
In today’s construction news, learn about the nation’s most reputable infrastructure consulting company, AECOM, has announced the promotion of three executives in its Construction Management division to new national leadership positions in significant market areas. AECOM Hires Three Market Leaders for its U.S. Sheets start immediately.
Though undefined, a “small number” is less than one-third of estimated local populations. The five-year regulations, from 2025 to 2029, are related to the proposed wind farm off Maryland’s shore in the Bureau of Ocean Energy Management leasing area and cable routes that must run onshore. It increased 3.7%
Construction Management Certification Institute (CMCI). Project Management Institute (PMI). Construction Management Certification Institute (CMCI). A construction manager certification distinguishes it from other construction managers since it demonstrates expertise and abilities. Bachelor’s Degree.
To be more specific, several professional services have already reached a level of digital maturity that was not anticipated to be reached until 2027, two years earlier than their 2024 estimates. In the next three years, project managers will face increasing constraints related to talent competition (30%) and project complexity (28%).
At the same time that the first concrete foundation pads were being put on the site, the construction phase of the new historic extension to the Home of Rolls-Royce at Goodwood, which is estimated to cost more than 300 million pounds, began. Uniper plans to begin building later this year with an operational goal year of 2026.
Department of the Interior’s Bureau of Ocean Energy Management (BOEM). It has submitted an Environmental Report to the Nuclear Regulatory Commission and claims SMR site preparation could begin in 2026. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) withdrew a stop work order on April 16, 2025.
We organize all of the trending information in your field so you don't have to. Join 79,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content