Construction Economics for July 29, 2024

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Source: New feed

Feds Offer $4.3B in Grants for Community-Driven Emissions Cut Projects

The 25 selected grantees across the U.S. were selected from a pool of 300 applications, some of them coalitions of different agencies across regions. The grants will fund projects that seek to address improving air quality and reducing greenhouse gas emissions.

Source: New feed

UPDATE: Zachry Exits Big Texas LNG Project in Deal With Exxon, Qatar Energy

But long pay dispute forces six-month delay, to end of 2025, in startup of estimated $11B Golden Pass gas export terminal. set to be one of the country’s largest, Exxon CEO told investors Aug. 2, as contractors Chiyoda and McDermott International take over construction under a new contract.

Source: New feed

Zachry Exits Texas LNG Project in Deal With Exxon, Qatar Energy

Long dispute is set to end at $11B Golden Pass LNG site over project payments and completion, with co-contractors Chiyoda Corp. and McDermott International taking over construction for owners ExxonMobil and Qatar Energy under a new contract.

Source: New feed