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PROCUREMENT

CONSTRUCTION PROCUREMENT NEWS FROM U.S. DOT, STATE DOT’S, AVIATION, AGENCIES, STATES, MUNICIPALITIES, AND MANY OTHER DEPARTMENTS THROUGHOUT THE UNITED STATES

US Ports Must Invest In Technology and Infrastructure to Compete Globally

US ports have an economic contribution of $5.4 trillion per year, which represents 26% of national GDP, according to the American Association of Port Authorities (AAPA). The US has more than 300 ports, and they generate over 30 million jobs. However, their infrastructure is lagging behind globally, and major investments are required to remain
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Sustainable Road Construction in 2021: Asphalt Alternatives and Cool Pavement

Asphalt has been the most common pavement material for decades, but it has a significant environmental impact. Also known as bitumen, asphalt is a petroleum product that contains hazardous metals like lead, mercury, chromium and arsenic. According to the US Environmental Protection Agency, pavement covers 30-45% of land in cities and other urban…
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Construction Enters A New Era

Ushering In A New Era For The American Construction Industry Construction Jobs Job reports just released this morning show excellent progress for the American worker and other industries as well. From this time last year initial claims have decreased by just about a million down to 719,000 for week ending March 26, 2020. What seems
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American Jobs Plan: President Biden Presents His $2T Infrastructure Plan

During his visit to Pittsburgh on March 31, President Biden presented the American Jobs Plan, often referred to as the infrastructure plan. He had already discussed the general aspects during the March 25 press conference, but now the plan has been presented in greater detail, and the White House published a detailed fact sheet. The American
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President Biden Holds First Press Conference, Will Unveil $3T Infrastructure Plan Next Week

President Biden held his first press conference on Thursday 25, announcing that the $3-trillion infrastructure plan will be unveiled next week during his visit to Pittsburgh. However, he hinted at what the plan will contain, and transportation infrastructure will have high priority, especially roads and bridges. Mr. Biden also mentioned plans to
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March 2021 US Economy Brief: Federal Funds Rate, Housing Market & New Infrastructure Bill

The US economy is recovering quicker than expected, according to Federal Reserve Chairman Jerome Powell, but he believes there is still a long way to go. Unemployment is one of the main challenges, and there are 10 million jobs less than before the COVID-19 pandemic. In order to stimulate the US economy, the Federal Reserve decided to leave the
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How the $1.9 Trillion COVID-19 Relief Package Helps the Construction Industry

On Wednesday March 10, the House of Representatives approved the American Rescue Act of 2021, which is also known as the COVID-19 relief package. The bill has many measures that will help the American economy recover from the pandemic, which include employment incentives and a dedicated budget for the construction industry. The Covid-19 relief
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WINTER CONDITIONS COOL CONSTRUCTION PROFITS AS ASPHALT STARTS TO HEAT UP

REDUCED WINTER CONSTRUCTION PROFITS As Most northern states; and as we saw in Texas last month, some southern states, rebound back from a round of brute "winter conditions" cost overruns and temporary layoffs that stretched across already inflated construction budgets from the past month as we are inching in on April. The perfect storm of
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ALERT: Unemployment rate ticks down to 6.7%. Construction gains payrolls. Still in the ring.

ALERT: Construction remains in the ring regardless of Corona shutdowns as unemployment ticks down to 6.7%. Construction gained 27,000 jobs in November but still shy of its 279,000 February level. Residential specialty trade contractors added 14,000 jobs while heavy and civil engineering saw an additional 10,000 jobs. Signs point to
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