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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • Washington Department of Labor & Industries Cites 3 Employers for Multiple Violations Connected With Fatal Seattle Crane Collapse
    The Washington Department of Labor & Industries (L&I) announced that it has cited and fined three companies more than $100,000 for safety violations in connection with the fatal collapse of a
    Read More →: Washington Department of Labor & Industries Cites 3 Employers for Multiple Violations Connected With Fatal Seattle Crane Collapse

  • Caltrans Generates Nearly $233M Through Efficiencies for State Highway Rehabilitation & Maintenance
    Caltrans has released its SB 1 Annual Efficiencies Report for fiscal year 2018-2019 to the California Transportation Commission, noting that its efficiency measures saved nearly $233 million’more than double the statutory
    Read More →: Caltrans Generates Nearly $233M Through Efficiencies for State Highway Rehabilitation & Maintenance

  • Equipment Leasing & Finance Industry Confidence Eases Again in October
    The Equipment Leasing & Finance Foundation has released the October 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 51.4, a decrease from the September index
    Read More →: Equipment Leasing & Finance Industry Confidence Eases Again in October

  • Build Your Future Arizona Established to Level the Playing Field for Careers in Construction
    With a focus on empowering people to build their future, Build Your Future Arizona (BYF Arizona) was established through a private-sector, industry-driven campaign of the Greater Phoenix Chamber Foundation in partnership
    Read More →: Build Your Future Arizona Established to Level the Playing Field for Careers in Construction

  • Restoration Builders Inc. Expands to Indiana with the Acquisition of Elbert Construction LLC
    Restoration Builders Inc. announced the company has completed the asset purchase of Elbert Construction LLC. The company projects that their consolidated companies together will achieve approximately $100 million in revenue for 2019. Details
    Read More →: Restoration Builders Inc. Expands to Indiana with the Acquisition of Elbert Construction LLC

  • Rosendin Announces New Chief Information Officer
    Rosendin, the electrical contracting industry’s largest employee-owned firm, has announced Matt Lamb as its new chief information officer (CIO), to replace Sam Lamonica, who will retire December 2019. Details on the CIO role, Lamb and
    Read More →: Rosendin Announces New Chief Information Officer

  • September Construction Starts Decrease 5%
    New construction starts moved 5% lower in September to a seasonally adjusted annual rate of $774.1 billion, according to Dodge Data & Analytics. This marks the second consecutive monthly decline in construction
    Read More →: September Construction Starts Decrease 5%

  • Women of Asphalt Appoints First Board of Directors
    Women of Asphalt (WofA) has announced the appointment of 11 women to serve as its first Board of Directors. These accomplished women come from all facets of the asphalt industry and
    Read More →: Women of Asphalt Appoints First Board of Directors

  • Illinois Senator Resigns from State Transportation Committee Amid FBI Probe
    Illinois State Senator Martin Sandoval has stepped down as chair of the state’s transportation committee amid an FBI probe into construction fraud and corruption. The senator, appointed to the Illinois Tollway Board
    Read More →: Illinois Senator Resigns from State Transportation Committee Amid FBI Probe

  • Massachusetts & Oklahoma Announce New Infrastructure Plans
    In the search for a solution to the federal government’s slow progress towards a comprehensive infrastructure package, many states have passed infrastructure bills of their own. And there are more in
    Read More →: Massachusetts & Oklahoma Announce New Infrastructure Plans

  • Inside the Hard Rock Hotel Project Collapse: What We Know
    This weekend, the $85 million, 18-story Hard Rock Hotel project under construction in New Orleans, Louisiana, collapsed, killing two workers on-site and injuring 30 more people on the jobsite or in the
    Read More →: Inside the Hard Rock Hotel Project Collapse: What We Know

  • Saudi Arabia’s New Procurement Law to Significantly Impact Companies Competing for Government Contracts
    Saudi Arabia’s new public sector procurement law, Government Tenders & Procurement Law (GTPL), will go into effect Nov. 29, 2019, covers all government projects and aims to streamline procurement and promote
    Read More →: Saudi Arabia’s New Procurement Law to Significantly Impact Companies Competing for Government Contracts

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