2Q 2025 Cost Report: Compensation Hikes Slow After Consecutive Spikes in Recent Years
The hot pace of construction staff compensation is cooling. Following years of historically high salary increases, employers are reigning in pay for construction staff. Last year, base salaries increased by 4.6% on average, according to data from compensation consultant
2Q 2025 Cost Report: As Steel, Aluminum Tariffs Rise to 50%, Feds OK US Steel Sale to Nippon Steel
On June 13, President Donald Trump issued an executive order clearing the $14.9-billion acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel. The move followed a national security review by the Committee on Foreign Investment in the U.S., a
Women Take Their Place to Meet New Construction Challenges
Showcasing determined effort and new-age tools to deliver complex projects and bottom-line returns in an increasingly challenged industry market, women leaders delivered strong messages at the ENR Groundbreaking Women in Construction conference held June 9-10 in San Diego. Despite
Hitting a New Octave, Hexagon Splits Into Two Separate Companies
On June 17 at its Hexagon Live conference in Las Vegas, Sweden-based geospatial measurement, tracking, construction and design software company Hexagon announced plans to spin off several of its business units—including its Asset Lifecycle Intelligence division and CAD design
Soccer Surveillance Limited Injury Payout: Holding Down NY Insurance Costs
There is more than a little irony when a gain toward limiting runaway construction liability insurance cost in New York state—driven in part by creatively exaggerated injury severity—is counted because a jury awarded damages of less than a half
Bechtel, Worley Gain Big Awards on Texas, Alaska LNG Projects
U.S. liquefied natural gas producer NextDecade has announced final engineer, procure and construct contracts awarded to Bechtel Energy, totaling about $9 billion, for Trains 4 and 5 at its Rio Grande LNG export facility in Brownsville, Texas. The fixed-price
Austin Airport Selects Firms for Program Management Services
The City of Austin, Texas, has selected seven contractors to provide on-call program management services to support Austin-Bergstrom International Airport’s landmark Airport Expansion and Development Program (AEDP), known as Journey With AUS, as well as other aviation-related capital improvement
Wood Group Extends Deadline for Sidara’s Latest Purchase Bid to June 30
U.K.-based energy and industrial services firm Wood Group on June 12 extended to June 30 a deadline for UAE-based engineer Sidara, formerly Dar Group, to make a new firm acquisition offer or end negotiations. The date is when a waiver
OSHA’s Proposed Heat Rule Draws Feedback From Contractors, Unions
When an electrical worker in Austin, Texas, returned to his hot jobsite after taking some time off, he became pale, confused and dizzy over the course of the day. He rested in the shade, but still felt unwell and