Tag: Months
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Bechtel completes $3.5B Sydney airport 7 months early
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Reston, Virginia-based Bechtel, one of the largest contractors in the U.S. by revenue, managed the design and construction of the new $5.3 billion Australian dollar ($3.5 billion) Western Sydney International Airport, and delivered the megaproject almost seven…
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Tariff Pressures Mount as Construction Backlog Hits 8.5 Months
The latest data from Associated Builders and Contractors (ABC) shows a slight uptick in construction backlog across nonresidential sectors, but growing concerns over newly announced tariffs are beginning to influence contractor confidence. According to ABC’s Construction Backlog Indicator, the average backlog among surveyed contractors increased to 8.5 months in March, up 0.3 months from the…