A team of US companies Traylor Bros. and Walsh Construction alongside Sweden’s Skanska has won a $1.29bn contract to build a segment of New York’s Hudson Tunnel Project. It’s the…

US contractor Tutor Perini has been ordered to pay more than $174m in damages for breaching its contract to build a 52-story, 755-room twin hotel development in Philadelphia. According to…

Force majeure isn’t always the silver bullet contractors in difficulty might think it is. From Russia’s ongoing invasion of Ukraine to the closure of the Strait of Hormuz, geopolitical instability…

The Paris Criminal Court has fined French cement manufacturer Lafarge and sentenced four of its former executives, including former chief executive Bruno Lafont, to prison terms over payments made to…

Austrian construction company Strabag has been fined €146m – the maximum fine available – over its role in cartel practices between 2002 and 2017. At the request of Austria’s Federal…

Project owners should brace themselves for higher steel, aluminium, copper and cement prices if the closure of the Strait of Hormuz sparked by US and Israeli strikes on Iran continues,…

A forecast by consultant Currie & Brown says construction costs globally will rise 2.4% this year, but notes that figure masks wide variations by country and an underlying volatility caused…

Commission says 1,000 jobs would be lost if agreed funding doesn’t come by Friday. The agency in charge of the $16bn Hudson Tunnel Project in New York and New Jersey…

Jerome Powell, chair of the Board of Governors of the Federal Reserve – the body that sets interest rates in the US – has hit back at threats of criminal…

Demand for data centers and power facilities may be spiralling, but contractors have “dampened” expectations for 2026 amid fears over recession, tariffs, ICE raids and trouble finding qualified workers, a…

Just before Christmas, the Trump administration renewed its attack on major offshore wind schemes. One is 87% complete. Developers are fighting back. Two major offshore wind developers, Ørsted and Equinor,…

Launching a war on what he called “workplaces of death”, South Korea’s new president Lee Jae Myung says companies will be fined 5% of their operating profits if they record…

In recent years, tens of thousands of UK homes have been retrofitted with external wall insulation under a government scheme to help people living in fuel poverty. But last month,…

Data has begun seeping out of US federal agencies again after the longest shutdown in history, and the picture for August – the latest month for which numbers are available…

Swedish construction giant Skanska has announced it has raised its financial target for the operating margin of its construction arm to a minimum of 4%. The group has not updated…

The rapid growth of artificial intelligence and cloud computing is driving a global construction surge for data centres with some projects now costing more than $20bn, according to a new…

A Polish contractor bidding for a road maintenance project in the southeastern Małopolska region has had its abnormally low bid excluded by the country’s National Appeals Chamber because its explanation…

A snapshot of the global data-centre construction market reveals rising costs and unease over the construction supply chain’s ability to meet soaring demand. The vulnerabilities are both human and systemic.…