Foster Wheeler Awarded Contract for Circulating Fluidized-Bed Steam Generator in the Philippines

[Business Wire] - Foster Wheeler AG announced today that a subsidiary of its Global Power Group has been awarded a contract by Daelim Industrial Co., Ltd. for the design and supply of one circulating fluidized-bed steam generator for the SM200 Phase 1 Coal Fired Power Station for Sarangani Energy Corporation, a joint venture company between Alsons Consolidated Resources, Inc.

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Video: A Shower that Does the Singing for You

Kohler's Moxie shower head brings music into the bath.

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By the Numbers: Toll Brothers Books a Brag-Worthy Quarter

The big builder is seeing progress in its rental and student housing divisions.

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Sundt Construction: Sellwood Bridge

Autodesk BIM solutions help prove feasibility of proposed construction method of a replacement bridge in Portland, Oregon.

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People: Executives Shift at TKW Consulting, PC Construction and Atkins North America

Douglas Eckmann has joined TKW Consulting Engineers Inc., Fort Myers, Fla., as chief operating officer and engineering manager.

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Look way up

High above the banks of the Skeena River a series of hand gestures is used to delicately and snugly fit one half of a transmission line tower into place.

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Registration forms for Seminar and Golf Tournament

Registration forms for the Technical Seminar and Golf Tournament are now online. Registration for the golf tournament is due by April 5....

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Builder Confidence Down as Buyer Traffic Slows

What?s lacking in quantity of customers, however, is somewhat offset by the quality of the prospects.

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Dycom Industries Management Discusses Q2 2013 Results - Earnings Call Transcript

[at Seeking Alpha] - Dycom Industries Management Discusses Q2 2013 Results - Earnings Call Transcript

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Housing market already shows signs of new bubble

Barely a year in, home prices rose over 8 percent annually in December. That �is the tenth consecutive month that home prices have risen on a year-over-year basis and it is the biggest gain in more than six years.

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Dycom Industries Earnings: Here?s Why the Stock is Up Now

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Ga. braces for federal cuts, but effect unknown

Amid heated national rhetoric over widespread federal budget cuts that could begin Friday, Georgia political and business leaders say they're bracing for the so-called sequester but don't know exactly what the consequences would be.

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Jumbo home loans are back, but far below 2007 levels

WASHINGTON - Home sales and prices are rising briskly in those neighborhoods where the well-heeled like to plant their mailboxes: along Chicago's north shore, in the San Francisco Bay area and in the haute Hamptons. Sales of properties worth between $750,000 and $1 million are up 38.7 percent over a year ago; $1 million-plus property sales are up 25.7 percent, according to the National Association of Realtors.

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Baltimore to pay firm $278,000 to monitor speed cameras

Baltimore plans to a hire a private company to oversee an overhaul of its speed and red light camera system - and audit tickets to ensure accuracy, city officials said Tuesday.

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Urs Given New $43.00 Price Target at Ubs Ag

UBS AG currently has a neutral rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of URS in a research note to investors on Tuesday, December 4th.

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Multiyear Bass Road makeover OK'd

County Council members approved $1.8 million for the highway project that will completely rebuild about 4.5 miles of Bass Road.

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In Orlando, Long Lines for One Community's Lots

100 higher-end home buyers line up for a shot at a lot in a new Meritage community.

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2013 NFL Combine Measurements: Defensive Linemen

The first day of a "groups" day at the NFL combine generally will consist of weight, height, and other various measurements.

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Bill Proposes Mortgage Shake-Up

Bill Proposes Mortgage Shake-Up: Two lawmakers, a California Republican and a Michigan Democrat, are...

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8,400 New Jobs Committed to Fairfax County in 2012

The Fairfax County Economic Development Authority brought more than 8,400 jobs to the county in 2012, it announced last week - the majority of them in the professional services and information technology sectors.

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Celebrity love nests designed for privacy

Take a tour through some of the love nests of celebrity couples. They all have a few things in common: They're beautiful, spacious, expensive -- and extremely private.

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Jason Bateman buys Ernest Borgnine's estate

Jason Bateman and his wife, Amanda Anka, recently spent $3 million on a new home for the family ? the Beverly Hills compound formerly owned by actor Ernest Borgnine.

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2013 NFL Combine Measurements: Defensive Linemen

The first day of a "groups" day at the NFL combine generally will consist of weight, height, and other various measurements.

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Local real estate recovery continues

Looking back at the real estate numbers in Strafford County for 2012, the Rochester Times was able to report that the tide had turned, and that after six years of decline from the 2005 peak, activity, as measured by deeds and mortgages, had picked up.

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No Prison Time for Former New York City Construction Executive in Overbilling Scheme

James J. Abadie, who ran New York operations for the construction giant Lend Lease, was sentenced to two years of probation. He had admitted to paying foremen unworked overtime.

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Stocks Tumble After Fed Minutes; Apple (AAPL) Retreats (iStock Analysis)

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Tutor Perini Management Discusses Q4 2012 Results - Earnings Call Transcript

[at Seeking Alpha] - Tutor Perini Management Discusses Q4 2012 Results - Earnings Call Transcript

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New Designs from Standard Pacific Replace Formal with Function

A new suite of floor plans is challenging perceptions of what luxury and move-up buyers value in new homes.

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Top engineering firms in Austin

The Austin Business Journal 's 2013 list of engineering firms is ranked by 2012 engineering fees for the local office.

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As It Expands, North Carolina?s H&H Homes Bolsters Its Personnel

The company's marketing, finance, and purchasing departments get new faces.

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NFL Combine 2013 Tale Of The Tape: Offensive Linemen Official Measurements

The offensive linemen weighed in at the 2013 NFL Combine yesterday, and we take a quick look at the official height, weight and arm length measurements that were recorded in Indianapolis yesterday.

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Jason Bateman buys Ernest Borgnine's estate

Jason Bateman and his wife, Amanda Anka, recently spent $3 million on a new home for the family ? the Beverly Hills compound formerly owned by actor Ernest Borgnine.

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Housing market already shows signs of new bubble

Barely a year in, home prices rose over 8 percent annually in December. That �is the tenth consecutive month that home prices have risen on a year-over-year basis and it is the biggest gain in more than six years.

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Jacobs again tops largest engineering firms list

California-based Jacobs again takes the top spot on this year's list of the St. Louis area's largest engineering firms.

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2013 NFL Combine: Offensive Linemen and Tight Ends Weigh In Results

The first day of the NFL combine generally will consist of weight, height, and arm length measurements which are important for offensive lineman.

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No Prison Time for Former New York City Construction Executive in Overbilling Scheme

James J. Abadie, who ran New York operations for the construction giant Lend Lease, was sentenced to two years of probation. He had admitted to paying foremen unworked overtime.

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F. Scott Fitzgerald?s Baltimore townhouse for sale

Author F. Scott Fitzgerald was only 36 when he moved to Baltimore in 1932, but he was deep in debt and living far from the glamorous life that he depicted in his 1925 novel, ?The Great Gatsby.?

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Sundt Construction: Cordes Junction Interchange

Autodesk BIM solutions help untangle a highway junction in Arizona.

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Sponsored By:

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Jacobs again tops largest engineering firms list

California-based Jacobs again takes the top spot on this year's list of the St. Louis area's largest engineering firms.

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Sponsored By:

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Which Is The Most Miserable U.S. City? Detroit.

The list takes into account the Misery Index , created by economist Arthur Okun, which combines the unemployment rate and the rate of inflation.

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Stanley Martin Homes Merges with Piedmont Realty & Construction

The two Virginia-based builders plan to grow together into new markets.

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IMAGES: Warren Buffett's 15 biggest stock holdings

Warren Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century.

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Women driving demand for rental apartments

Even as housing and the greater economy improve, a shift in demographic trends will likely favor the rental apartment market for the foreseeable future. It is all about women.

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May Newsletter

The May newsletter is now online. This newsletter has a summary of the April meeting and information about the PMI joint luncheon on Wednesday.

...

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EU halts ?5bn for Poland over fraud fears (Financial Times)

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SHoP Construction

SHoP Construction uses Autodesk BIM 360 Glue to enhance project visualization and collaboration on the world?s tallest modular building.

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Langley Office Space

The latest addition to the Gateway Professional Campus is taking shape in Langley, B.C. Wales McLelland Construction is working on the project that includes retail space at grade and lots of office space.

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Cianbro Executive Says East-West Highway Inevitable

A top executive for a construction company proposing a 220-mile east-west highway across Maine says the road is inevitable.

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US state's governor says 6 underground tanks at Hanford nuclear reservation leaking

Six underground radioactive waste tanks at the nation's most contaminated nuclear site are leaking, Washington Gov.

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The Walsh Group: Military Barracks Renovation

Autodesk BIM 360 Glue helps The Walsh Group accelerate collaboration among subcontractors.

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Zaha Hadid says the architecture industry is sexist

Responding to research on discrimination against women architects, Zaha Hadid, one of the top female architects and the first woman to be honored with the Pritzker Prize , has stated that she herself experienced difficulties in working in the United Kingdom.

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REOs: Where Are They Now

REOs: Where Are They Now: What?s become of all those properties seized by banks? CoreLogic delved...

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Salem's commercial real estate outlook improving

Salem's commercial real estate market continued to slowly recover in 2012 from the Great Recession, with office building owners enduring the weakest market in 15 years, but other categories continuing to gather strength.

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DJC Green Building Blog

What can we learn from D.C.?s green building law?

The following post is by Danielle Rodabaugh:

It?s no secret that decisions made in Washington, D.C., frequently lead the way for progressive industry regulation overhaul. This time, however, the overhaul only affects the district?s construction market rather than the national industry ? at least for now.

D.C.'s green building law may have ripple effects elsewhere in the U.S.

The district?s Green Building Act of 2006 was a revolutionary piece of legislation that changed the expectations construction professionals in the district must meet. Since its enactment, construction professionals working in Washington, D.C., have been adjusting to more stringent green building regulations that apply to a wider range of projects than ever before.

The GBA didn?t fully go into effect until Jan. 1, 2012, however, and industry stakeholders continued to scrutinize it through December 2011. Before we delve into how the GBA could affect the future of green building across the country, let?s review the history of this controversial law and take a look at its current state.

The GBA requires that all non-residential buildings within the district larger than 50,000 square feet be built to meet LEED certification standards. Before the GBA, various state and local government agencies across the nation had required that certain publicly funded projects be LEED certified. For example, Colorado has required LEED certification on all state buildings since 2005.� However, the GBA extended to include privately funded projects as well.

The U.S. Green Building Council developed Leadership in Energy and Environmental Design (LEED) guidelines as a way to identify practical and measurable green building strategies. LEED guidelines focus on design, construction, operations and maintenance. Developers, owners and construction professionals can submit their projects for LEED certification, which verifies that a building, home or community was designed and built using techniques aimed at achieving high performance in certain areas of human and environmental health.

The most controversial aspect of the GBA was that it originally included a stipulation requiring contractors to purchase a performance bond guaranteeing their intention to comply with LEED. To put it simply, the bond would hold the contractor financially liable for building a structure that met the minimum LEED standards.

Although performance bonds are commonly required for construction projects, both public and private, the ?green performance bond? type required by the GBA simply was not feasible.

Based on the GBA?s initial wording, if a structure failed to meet LEED certification standards, the government could make a claim on the bond to collect money that would be put in a district fund. Construction professionals, surety providers and contract lawyers began discussing how to best handle the new, strange bond requirement. Ultimately, surety providers argued against it.

Because so many parties are involved with any one construction project, surety professionals asserted that the blame could not solely be placed on the lead contractor. As such, they made it clear that the risk associated with such a bond would be far too great for them to back. The state of the GBA remained in limbo for years as rumors and speculation ensued. Finally, less than a month before the GBA was scheduled to go into full effect, the council passed the Green Building Compliance, Technical Corrections, and Clarifications Act of 2012 as an amendment to the GBA.

With the amendment in place, contractors can now choose one of four ways to guarantee that structures will meet LEED certification standards:

? deposit cash in an escrow account (in a financial institution within the district) and name the district on the account

? provide an irrevocable letter of credit from a financial institution authorized to do business in the district

? provide a surety bond secured by the applicant to ensure compliance

? submit a binding pledge that the applicant will fulfill the current LEED standards for commercial and institutional buildings at the certified level within 2 years of receipt of the certificate of occupancy

No matter which option contractors choose, they guarantee that their structures will meet LEED standards. If they fail to do so, they?ll be held accountable for the consequences, financial and otherwise.

When sweeping changes are made to construction standards, a ripple effect frequently follows. Contractors across the country should keep their ears open for discussions about new LEED certification requirements in other areas. As a construction professional, the best way to plan for the future is by learning from the past. Such is the case with the GBA.

Whether you agree or disagree with the GBA, I encourage you to make sure you?re informed of similar changes that could affect your local construction industry. Then, make sure your voice is heard. Those who spoke out against the initial wording of the GBA were successful in arguing their cases.

Knowledge is power; the more informed you are about green building expectations, the better prepared you?ll be to deal with the inevitable changes.

Danielle Rodabaugh is the director of educational outreach at SuretyBonds.com.

�

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Stocks wobble at the open

U.S. stocks opened little changed Tuesday as investors grew hopeful about a potential merger between OfficeMax and Office Depot, but remained cautious ahead of a series of housing reports.

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Bill Would Give U.S. Visas to Foreign Home Buyers

Bill Would Give U.S. Visas to Foreign Home Buyers: The reeling housing market has come to this: To...

industry construction building

Top engineering firms in Austin

The Austin Business Journal 's 2013 list of engineering firms is ranked by 2012 engineering fees for the local office.

engineering builders skyscraper

By the Numbers: Toll Brothers Books a Brag-Worthy Quarter

The big builder is seeing progress in its rental and student housing divisions.

industry construction building

Strains Visible in Homes Data

Strains Visible in Homes Data: The number of American households behind on mortgage payments hovered...

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NFL Combine 2013: List Of Invited Defensive Linemen

Jan 26, 2013; Mobile, AL, USA; Senior Bowl south squad defensive lineman Ezekial Ansah of Brigham Young against the Senior Bowl north squad during the first half of the Senior Bowl at Ladd-Peebles Stadium.

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Celebrity love nests designed for privacy

Take a tour through some of the love nests of celebrity couples. They all have a few things in common: They're beautiful, spacious, expensive -- and extremely private.

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