Another Role for Construction Cranes: Economic Indicator

The New York Times | March 19, 2019

To determine the health of the economy, you could scrutinize the minutes of Federal Reserve meetings, pore over the latest economic data and scour trade publications. Or you could simply look up.
The towering cranes that rise above development sites can be a useful financial indicator, like consumer confidence polls or housing starts, according to Rider Levett Bucknall, a construction consulting firm that uses the equipment as the basis for its RLB Crane Index.
The index, a tally of cranes in 13 major North American cities, provides a snapshot of economic sentiment, said Julian Anderson, a president of the firm’s North American region. It was created in 2015 as a tool for clients, who use it to assess hiring trends and activity in urban markets, he said.

Spotlight

The global AI-in-construction market was valued at $3.1 million in 2017 – but this figure is now expected to sky rocket to $3.1 billion over the next five years. The construction industry is welcoming a new helping hand: artificial intelligence. As the years go by, more and more advanced forms of technology are making their way into our workplaces, offering a wealth of efficiency and information at the blink of an eye.

Spotlight

The global AI-in-construction market was valued at $3.1 million in 2017 – but this figure is now expected to sky rocket to $3.1 billion over the next five years. The construction industry is welcoming a new helping hand: artificial intelligence. As the years go by, more and more advanced forms of technology are making their way into our workplaces, offering a wealth of efficiency and information at the blink of an eye.

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TerraPower Unveiles Bechtel as Engineering, Construction Partner for Natrium™ Reactor and Energy System Demonstration Project

TerraPower | October 09, 2020

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AECOM-led joint venture awarded contract with FEMA to improve community resilience

AECOM | February 15, 2022

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, announced the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has awarded the AECOM-led Compass Production and Technical Services Joint Venture (Compass PTS JV) a contract to provide production and technical architecture and engineering services for the Risk Mapping, Assessment and Planning (Risk MAP) Program. The indefinite delivery, indefinite quantity (IDIQ) contract has a combined program ceiling of $300 million for a one-year base period with four, one-year option years. “AECOM has supported FEMA for more than forty years leveraging the combined expertise of our world-class scientists, engineers, planners, and analysts, We’re honored to continue our partnership to promote informed planning and development practices that reduce flood risk and meet the needs of historically underserved and disadvantaged communities faced with severe threats from natural disasters.” -Lara Poloni, AECOM’s president. Under the new single-award contract, Compass PTS JV will deliver a wide range of services related to flood risk analyses, hazard mapping, disaster response, and risk reduction. In addition, AECOM will leverage its state-of-the-art engineering and mapping capabilities that allow for vast amounts of high-quality hyperlocal flood hazard and risk data and information at state-level scales. The contract comprises scope requirements that fall within FEMA Regions 4, 6, and 7, a geographic area characterized by the most severe and frequent river, coastal, and urban flooding in the nation, among other natural hazards. FEMA Region 4 states are Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee; FEMA Region 6 states are Arkansas, Louisiana, New Mexico, Oklahoma, Texas; and FEMA Region 7 states are Iowa, Kansas, Missouri, and Nebraska. “We’re excited that this new contract provides an opportunity for our team to support FEMA as we build on our successful completion of projects over the last seven years. Critical work is already underway with hundreds of our staff working under FEMA leaders to smoothly transition into the new structure, Along with our joint venture partners, AECOM is well positioned to support the bold vision and ambitious goals of the 2022-2026 FEMA Strategic Plan, which includes instilling equity in emergency management, leading whole communities in climate resilience, and promoting and sustaining a ready FEMA and prepared nation.” -Beverley Stinson, chief executive of AECOM’s global Water business. The Compass PTS JV is comprised of AECOM, ABS Group, CDM Federal Programs Corporation, Fugro, Halff Associates, T&M Associates, and numerous small business and specialty subconsultants. Its scope of work includes natural hazard analyses, risk assessments, building sciences expertise, and rapid response when disasters strike. About AECOM AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

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Giatec's Newly Re-Engineered SmartRock™ Concrete Sensor Launches With Dual-Temperature Functionality

GIATEC | September 15, 2020

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