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December 7, 2012News for contractors and the construction industry

  Top Story 
  • Billions needed to repair Northeast transportation networks
    Rail and other transportation networks in the Northeast that were damaged by Sandy will cost billions of dollars to repair -- and billions more to upgrade to withstand future storms and flooding. "Estimates of the damage have reached more than $7 billion," said Sen. Frank Lautenberg, D-N.J. "Across the region, train tunnels, stations and rail yards were flooded, rail tracks were damaged and critical equipment was ruined," he added. "We are facing hundreds of millions of dollars in immediate repair costs and billions more in mitigation and resiliency measures," said Patrick Foye, executive director of the Port Authority of New York and New Jersey. Reuters (12/6), Bloomberg (12/6), Capital New York (12/6) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Project Focus 
  • Construction update: San Francisco 49ers stadium
    This article provides the latest update on work at the new San Francisco 49ers stadium, which "will have 10,000 steps and landings." Crews have poured 29,000 cubic yards of concrete, and 50 miles of underground pipe have been laid. In the end, 14,000 pieces of steel will support the stadium. SB Nation (12/5) LinkedInFacebookTwitterEmail this Story
  • Survey identifies cities with the best infrastructure
    Singapore ranked first in a survey of global cities with the best infrastructure by consulting company Mercer. Ranking second and third were Frankfurt and Munich in Germany. The survey is based on several factors including traffic congestion, public transportation, constancy of electricity supply and availability of water. No U.S. city made the list. Business Insider (12/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economic Update 
  • Construction sector loses 20,000 jobs in November
    The private sector added 146,000 jobs in November. This brings the unemployment rate down to 7.7%. The numbers are better than had been expected in the wake of Hurricane Sandy, but the number of jobs added in September and October was revised downward. The construction industry lost 20,000 jobs in the month. Bloomberg (12/7), MarketWatch (12/7) LinkedInFacebookTwitterEmail this Story
  • Storm recovery could spark boom in construction jobs in Northeast
    Infrastructure repairs, along with home building and repair, could generate about 30,000 construction jobs by 2014, with most of them in the Northeast, said Bernard Baumohl, chief global economist at The Economic Outlook Group. The number of jobs depends on the availability of funds that local governments can spend on repairs to damage caused by superstorm Sandy. Reuters (12/5) LinkedInFacebookTwitterEmail this Story
  Innovation & Green Building 
  • 1 WTC: A green building rising over NYC's skyline
    One World Trade Center in New York City will include a range of sustainable features to help minimize the building's environmental impact. Low VOC paint, a wind farm over an observation deck, and glass that lets in daylight but keeps out heat will all be used. There's also a system to collect and reuse rainwater for cooling and irrigation. Green Building Elements (12/6) LinkedInFacebookTwitterEmail this Story
  • Other News
  Policy Watch 
  • What to expect with Shuster as chairman of House T&I committee
    William "Bill" Shuster, R-Pa., will assume the chairmanship of the House Transportation and Infrastructure Committee in January. Engineering News-Record says Shuster will likely focus on a new surface-transportation bill, a Water Resources Development Act and reauthorization of passenger-rail funding. ENR says the water act will probably be tackled first. Engineering News-Record (12/10) LinkedInFacebookTwitterEmail this Story
  Association News 
  • Construction employment declines in 156 out of 337 metro areas between October 2011 and October 2012
    Construction employment declined in 156 out of 337 metropolitan areas between October 2011 and October 2012, increased in 127 and was stagnant in 54, according to a new analysis of federal employment data released by AGC of America. However, construction jobs in many parts of the country are at risk if Congress and the president do not find a way to avoid the "fiscal cliff," according to a new report released by the association. Read more. LinkedInFacebookTwitterEmail this Story
  • ConsensusDocs in-person workshop on contract negotiations and latest developments
    AGC members receive $100 off a special half-day program on Dec. 12 in San Francisco, preceding the 2012 Construction SuperConference, which will delve deep into strategies, processes and case studies in tailoring effective design and construction contracts. Learn from industry experts, including Professor Justin Sweet, involved with the latest in construction law developments and best practices. Gain insight on how to use ConsensusDocs contracts to get better project results. Use code FD82X7B to save $100! LinkedInFacebookTwitterEmail this Story
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You will never find time for anything. If you want time you must make it."
--Charles Buxton,
British brewer, philanthropist, writer and legislator

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