The Dept. of Defense instructed its agencies to remove language in contracts requiring project labor agreements for projects over $35 million, a reversal of a Biden-era rule.
Source: New feed
Former New York congressman Marc Molinaro has already received the support of the House Transportation committee chairman.
Source: New feed
Planning activity sees widespread growth over the month.
BOSTON, M.A. – February 7, 2025 — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 5.6% in January to 225.7 (2000=100) from the revised December reading of 213.6. Over the month, commercial planning increased 4.2% while institutional planning improved 8.7%.
“Nonresidential planning activity saw diversified growth in January, with every vertical experiencing positive momentum,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “Uncertainty over fiscal policies, ongoing labor shortages and elevated construction costs will continue to be headwinds to the construction sector. However, further monetary easing and the sizable number of projects in planning should support construction spending in the back half of the year.”
On the commercial side, data center, traditional office building, and warehouse planning led this month’s gains. Education and healthcare planning supported the institutional portion, especially on the hospital side. In January, the DMI was up 26% when compared to year-ago levels. The commercial segment was up 37% from January 2024, while the institutional segment was up 9% over the same period. The influence of data centers on the DMI this year remains substantial. If we remove all data center projects between 2023 and 2025, commercial planning would be up 13% from year-ago levels, and the entire DMI would be up 11%.
A total of 33 projects valued at $100 million or more entered planning throughout January. The largest commercial projects included the $500 million Amazon Data Center in Jeffersonville, Ohio, and Phase 1 of the Hunter’s Ridge Data Center in Mclean, Virginia. The largest institutional projects to enter planning were the $407 million Memorial Hospital expansion in Colorado Springs, Colorado and the $300 million AdventHealth Hospital expansion in Parker, Colorado.
The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year.
The post Dodge Momentum Index Grows 6% in January appeared first on Dodge Construction Network.
Source: New feed
Building and specialty trade contractors added jobs in January, but highway and civil firms reported a decline.
Source: New feed
Failing to follow state and federal drug testing protocols has resulted in an $8.5 million settlement in the wrongful death of construction worker fatally struck by a dump truck in St. Paul, Minn.
Source: New feed
Failing to follow state and federal drug testing protocols has resulted in an $8.5 million settlement in the wrongful death of construction worker fatally struck by a dump truck in St. Paul, Minn.
Source: New feed
Sublime Systems is planning a $150M sustainable cement plant in Holyoke, Mass., funded in part by a US Energy Dept. and Internal Revenue Service tax credit of $46M for use of renewable power.
Source: New feed
Sublime Systems is planning a $150-million sustainable cement plant in Holyoke, Mass., funded in part by a Department of Energy and Internal Revenue Service tax credit of $46 million for renewable energy projects.
Source: New feed
Source: New feed
Source: New feed