Trickle-Down Infrastructure
Construction owners that support infrastructure functions—such as transportation—sense opportunities and invest private funds in their own projects.
FAA Awards More Airport Infrastructure Grants
The Federal Aviation Administration is awarding $162.4 million in airport infrastructure grants for 72 airports in 31 states through the Airport Improvement Program.
Stop Neglecting Energy-consuming Elevators
If ignored, elevators can quickly become an environmental and economic drain.
The P3 Market: America vs. the Rest of the World
The United States is lagging behind other nations in the adoption of public-private partnerships for infrastructure.
The Year of Optimism in Construction
In the first half of 2017, it looked like the good old days of construction were making a comeback. Next year may be better than 2017, especially if Congress delivers on infrastructure and taxes.
Infrastructure Boom Will Mean Opportunities and Risks for Construction Firms
ASCE rated America’s aging infrastructure a D+ for being in “poor to fair condition.” The good news is that there is a renewed momentum toward rebuilding the nation’s crumbling infrastructure.
The Value of Surety in Assisting Contractors That Manage Aging Infrastructure Projects
Winning a P3 infrastructure bid requires awareness of the financial and political environment from contract to completion. Risk allocation among multiple stakeholders remain key challenges on P3 projects. Contractors actively pursuing such opportunities should seek the assistance and insights of a professional surety team.
Overcoming America’s Infrastructure Problems with Public Private Partnerships
While P3s fill the financial void for funding much needed infrastructure projects, they can cause problems for those unfamiliar with their structure, reasoning and complex contractual terms. Contractors need to perform due diligence, define roles, implement safety nets and minimize the impact of potential risks with professional liability insurance products.
