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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.

  • Construction Business Owner Magazine & Pure Safety Group Present Webinar: ‘Why Everyone Needs a Drops Prevention Program’
    Birmingham, Ala. (Feb. 18, 2019)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Pure Safety Group. The live, online event,
    Read More →: Construction Business Owner Magazine & Pure Safety Group Present Webinar: ‘Why Everyone Needs a Drops Prevention Program’

  • U.S. Department of Labor Publishes Amendments & Technical Corrections to OSHA Standards
    WASHINGTON, D.C.—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) recently published technical corrections and amendments to 27 OSHA standards and regulations. This administrative rulemaking corrects minor misprints, omissions, outdated
    Read More →: U.S. Department of Labor Publishes Amendments & Technical Corrections to OSHA Standards

  • Trump to Divert $3.8B in Defense Funds for Border Wall
    NATIONAL—Last week, President Donald Trump’s administration and the Pentagon announced plans to redirect $3.8 billion from the Defense Department’s budget to fund the construction of the United States-Mexican border wall.  The
    Read More →: Trump to Divert $3.8B in Defense Funds for Border Wall

  • Commercial & Multifamily Construction Starts Accelerated in Top Metro Areas in 2019
    NEW JERSEY (Feb. 10, 2019)—The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the United States gained 11% in 2019, reaching $139.6 billion, according to Dodge
    Read More →: Commercial & Multifamily Construction Starts Accelerated in Top Metro Areas in 2019

  • AECOM Reports Decline in Q1 Earnings
    LOS ANGELES—AECOM recently announced its first quarter results for fiscal year 2020 on a call, also addressing several other points of discussion pertaining to the infrastructure firm, including its rumored merger
    Read More →: AECOM Reports Decline in Q1 Earnings

  • Lendlease Names New Managing Director for the Americas
    NEW YORK (Feb. 3, 2020)—Lendlease announced the appointment of Mike Fratianni as managing director of construction for the Americas. Effective March 1, Fratianni will succeed Andrew Council to continue to drive the
    Read More →: Lendlease Names New Managing Director for the Americas

  • Dodge Data & Analytics Releases Report on Prefab & Modular Construction
    NEW YORK (Jan. 29, 2020)—Dodge Data & Analytics released the findings of a landmark study that provides a comprehensive examination of the current state and future expectations for prefabrication and modular construction.
    Read More →: Dodge Data & Analytics Releases Report on Prefab & Modular Construction

  • AIA Releases Nonresidential Consensus Forecast
    NATIONAL (Jan. 27, 2020)—Nonresidential construction spending on buildings is projected to grow by just 1.5% through 2020, and less than a 1% increase in 2021, according to a new consensus forecast
    Read More →: AIA Releases Nonresidential Consensus Forecast

  • NY Governor Unveils $275B Infrastructure Plan
    Does your company offer work in New York? If it doesn’t currently, you might want to consider it. There’s potentially a wealth of opportunity in the next few years for infrastructure
    Read More →: NY Governor Unveils $275B Infrastructure Plan

  • Contractor McDermott Announces Plans to File Chapter 11
    McDermott International, an energy contractor headquartered in Houston, Texas, announced in a press release this week that it is filing for a Chapter 11 bankruptcy as part of a restructuring strategy.
    Read More →: Contractor McDermott Announces Plans to File Chapter 11

  • What’s New With Tariffs: 2 Updates
    Things have been busy in Washington lately, in a surprise to no one. The good news, though, is that some of what’s happened could potentially lead to lower materials prices for
    Read More →: What’s New With Tariffs: 2 Updates

  • AIA Applauds New Legislative Framework for Climate Action Initiatives
    CLEAN Future Act aims to achieve net-zero emissions by 2050.
    Read More →: AIA Applauds New Legislative Framework for Climate Action Initiatives

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