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Poseidon Water clears hurdles for $1.4 billion Huntington Beach desalination plant

Sep 09, 2021 (0) comment , ,

A planned $1.4 billion desalination plant in Huntington Beach, the largest in the United States, could begin construction within the next couple of years as regulators appear ready to approve the project. Poseidon Water is seeking approval from the California Coastal Commission for the initiative — culminating more than two decades of work and, according […]

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SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

Sep 02, 2021 (0) comment , , , ,

  The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. In the case that you were unaware, starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months […]

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Expert tips to capitalize on the life sciences boom

Aug 26, 2021 (0) comment , , , , ,

Leaders from DPR, Suffolk and other firms discuss the “secret sauce” of these in-demand projects. Providing flexibility, maximizing building codes and understanding best uses for retrofits are among some of the tips to capitalize on the life sciences gold rush. Demand continues to outpace supply in the life sciences industry, which consists of work for […]

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Indiana DOT, Purdue University developing wireless EV charging for highways

Aug 13, 2021 (0) comment , , , ,

Brief: The Indiana Department of Transportation is partnering with Purdue University and German infrastructure technology company Magment on a pilot project to develop the nation’s first paved highway segment that contains contactless, wireless technologies to charge electric vehicles as they drive over it. Purdue engineers are designing and testing the dynamic roadway, which incorporates Magment’s magnetizable […]

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Fraud Alert: Scammers Pose as CSLB Staff, Demand Money Over Phone

Jul 29, 2021 (0) comment , , , ,

  The Contractors State License Board (CSLB) has learned of phone scams targeting CSLB licensees. In the scheme, an individual falsely identifying themselves as an employee of CSLB demands a license “activation” fee of up to $500 be paid immediately over the phone or the license will be cancelled. Please be advised that CSLB staff […]

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Life science facilities booming

Jul 22, 2021 (0) comment , ,

Although demand exceeds supply, there are a number of challenges for players looking to enter the space. Demand continues to exceed supply as more players express interest in the life sciences sector, according to industry analysts. “As we look forward, there’s nothing in our data that shows any change in the positive momentum that we’re […]

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6 multifamily building failures and the changes they produced

Jul 15, 2021 (0) comment , , , ,

Past building disasters have led to enhanced codes and safety improvements for the construction of condos, hotels and other residential structures. As rescuers sift through the debris of the partial collapse of the Champlain Towers South building in Surfside, Florida, officials were hoping to find more survivors but now, they have shifted gears to finding […]

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5 strategies construction firms use to lower their taxes

Jul 08, 2021 (0) comment , , , , ,

From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills.   A recent construction industry analysis revealed that public construction firms’ effective federal tax rates are among the lowest of any sector. The 19 largest profitable firms in the industry paid […]

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The Boring Co. adds new tunnel width for freight projects

Jul 01, 2021 (0) comment , , ,

Brief: The Boring Co. is working on wider tunnels designed to transport large amounts of freight, Bloomberg reported. The new tunnels would be 21 feet in diameter, compared to the 12-foot-diameter tunnels TBC has built thus far. To date, the Elon Musk-owned company has focused on building tunnels to transport passengers, although moving freight has […]

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Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers

Jun 17, 2021 (0) comment , , ,

Affordable excess liability insurance coverage for small businesses and contractors.

Prices have dropped from record highs, spurred by the economic reopening and potentially pointing to an eventual return to normalcy Lumber at a Home Depot store in Doral, Fla., last month. Lumber futures hit a record high in early May. Photo: Joe Raedle/Getty Images   Lumber prices are falling back to Earth. Futures for July […]

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