• CSC20logograyorangenoyear
  • CSC 2022
      • About
        • About the Conference
        • Floor Plan / Sponsor List
        • Sponsors
        • FAQ
        • Contact Us
        • Health & Safety
      • Hotel & Travel
        • Hotel Accommodations
        • Travel Information
      • Attend
        • Why Attend?
        • Registration & Pricing
        • Conference Schedule
        • Speaker Resources
      • Sponsor
        • Why Sponsor?
        • Sponsor / Inquire
        • Sponsor Resource Center
        • Sponsorship & Advertising
  • News
    • Latest News
  • Subscribe
    • Newsletter Signup
    • Show Updates
  • .
  • CSC 2022
    • About
      • About the Conference
      • Floor Plan / Sponsor List
      • Sponsors
      • FAQ
      • Contact Us
      • Health & Safety
    • Attend
      • Why Attend?
      • Registration & Pricing
      • Conference Schedule
      • Speakers
      • Speaker Resources
    • Sponsor
      • Why Sponsor?
      • Sponsor / Inquire
      • Sponsor Resource Center
      • Sponsorship & Advertising
    • Hotel & Travel
      • Hotel Accommodations
      • Travel Information
  • News
    • Latest News
  • Subscribe
    • Newsletter Signup
    • Show Updates

December 6 – 8, 2022 |
MGM Grand, Las Vegas

Sign Up Sponsor / Inquire
Q
POPULAR SEARCHES
News + Features
News + Features
News + Features
News + Features
News + Features
News + Features

Latest News

November 18, 2020

Industry News: Political Flags, Hurricane Lawsuits, Plastic Fencing, and More

Latest News
November 18, 2020

Industry News: Political Flags, Hurricane Lawsuits, Plastic Fencing, and More

Political Flags, Political Speech?

According to a report in the Northwest Herald, the Illinois city of Crystal Lake received “voluminous” complaints after the contractor on one of its road projects put Trump 2020 flags on its equipment, a city attorney said. “As a result, the city of Crystal Lake now is working on language that will prohibit future contractors from displaying political signs or postings, said Victor Filippini, special counsel for the city,” as reported by Cassie Buchman.

A commentary in Construction Dive added: “The city is drafting new contract language that will prevent contractors from engaging in political activity under future contracts, but, until then, such actions are considered political speech and are protected under the First Amendment.”

Plastic Fencing Market Expected to Grow

SAN FRANCISCO – The global plastic fencing market size is expected to reach $6.14 billion by 2027, escalating at a CAGR of 4.9%, according to a new report by Grand View Research. Ease in the production and installation of plastic fencing drives its demand across residential, commercial, industrial, and agriculture sectors.

The rising number of remodeling and renovation projects in the residential and commercial sectors is projected to boost product demand. In addition, technological innovations and advancements in the production process are anticipated to propel product demand. Rising security and safety concerns are also projected to boost product demand over the coming years.

Increasing spending on infrastructure development, coupled with the expansion of the construction industry across the globe is likely to propel product demand over the forecast period. Furthermore, the properties of plastic fences, such as waterproofing and resistance to corrosion and decay, are projected to stimulate its demand, thereby driving market growth.

Hurricane Sally Lawsuits Continue to Pile Up

PENSACOLA, FL – A recent report in Construction Dive confirms that additional businesses and individuals in Pensacola, Fla., are continuing to file lawsuits against Skanska USA Civil Southeast Inc. for damages allegedly sustained after company barges for the $430 million Pensacola Bay Bridge project broke loose during Hurricane Sally in September.

“As of Nov. 16, a total of 25 lawsuits have been filed against Skanska,” writes reporter Kim Slowey. “Most of the filings made available by the Escambia County Clerk of the Circuit Court demand that Skanska cover economic losses resulting from the bridge’s closure. Many businesses have been cut off from customers, resulting in crippling economic losses, according to the first five lawsuits.”

At least one suit, however, was filed on behalf of a husband and wife who claim one of the company’s 22 errant barges damaged their dock, seawall and other property. The suits also name as a defendant engineering firm Eisman & Russo, which has a construction management and inspection contract for the project.

McDermott Secures $560 Million in New Capital to Fund Future Growth

HOUSTON – McDermott International Ltd, a provider of engineering and construction solutions to the energy industry, has secured approximately $560 million in new capital through a series of transactions expected to close by the end of the year.

McDermott has secured commitments from certain existing lenders and shareholders for these transactions, as well as approval from a steering committee comprised of certain existing letter of credit and term loan lenders. The transactions are designed to further strengthen the Company’s balance sheet, increase liquidity. and fund future growth opportunities.

“The support of the Investors and the Steering Committee reflects their confidence in our long-term business strategy and competitive position,” said David Dickson, president and CEO of McDermott. “Following on the heels of a successful restructuring earlier this year, this additional capital will further solidify our liquidity position, enabling us to continue to deliver superior project execution for our customers and consistently pursue new growth opportunities as demand for our expertise and capabilities increases.”

SHARE

Share on Email
Share on Linkedin
Share on Facebook
Share on Pinterest
Share on Twitter
← Previous Article Next Article →
Latest News Latest NewsNews

Steering Construction Projects Through Stormy Economic Seas

PHILADELPHIA - With the economic outlook uncertain, savvy project stakeholders should carefully examine construction documents concerning financing provisions, construction contingency, early commitments, and assignability.

Latest News Ethics and ComplianceLatest NewsNews

Remember the Basics: Good Faith and Fair Dealing

NEWARK, N.J. - I learned to think of a contract as basically a handshake, though I am in no way saying that detailed contracts are not needed. In that regard, I always think of Robert Frost, and how “Good fences make good neighbors.”

Latest News Latest NewsNews

Steering Construction Projects Through Stormy Economic Seas

PHILADELPHIA - With the economic outlook uncertain, savvy project stakeholders should carefully examine construction documents concerning financing provisions, construction contingency, early commitments, and assignability.

Latest News Infrastructure and TransportationLatest NewsNews

Infrastructure Act: Legal Landscape

FORT LAUDERDALE, FL - The White House announced that $110 billion of the trillion-dollar Infrastructure Investment & Jobs Act (IIJA) has been distributed to states, with another $100 billion available to fund infrastructure projects.

Latest News Latest NewsNews

Biden Vows To Speed Environmental Reviews

WASHINGTON, D.C. – A new press release from the White House outlines a plan to release a new Permitting Action Plan to strengthen and accelerate Federal permitting and environmental reviews.

Latest News Latest NewsNews

AGC Urges End To Tariffs

ARLINGTON, VA - Prices of materials and services for nonresidential construction leaped nearly 21 percent from year-ago levels, according to an analysis by the Associated General Contractors of America of government data.

Latest News Latest NewsNews

Pandemic Lessons Loom

LAS VEGAS – Everyone hopes the pandemic is a once-in-a-century event, but contract language never sleeps. Construction attorneys, contractors, and governments can learn from pandemic issues in a variety of ways.

Latest News Latest NewsNews

AGC Calls For Tariff Relief

AGC urged the Biden administration to relieve major cost pressures by removing remaining tariffs.

SHOW INFORMATION

SIGN UP

Register now for the opportunity to connect with thousands of atttendees and vendors

Sign Up
Sponsor / Inquire
FOLLOW US ON
  • Follow
  • Follow
  • Follow
© 2022 Emerald X, LLC. All Rights Reserved.

ABOUT    CAREERS    AUTHORIZED SERVICE PROVIDERS   TERMS OF USE   PRIVACY POLICY