News on General Contractors

McGraw-Hill renews magazine deal with contractors

2010-03-17T15:00:37Z

<div id="subtitle">McGraw-Hill Construction renews publishing deal with Associated General Contractors of America</div><div><p>McGraw-Hill Construction, part of publishing house The McGraw-Hill Companies Inc., said Wednesday it extended its publishing agreement ...

MGM Mirage says CityCenter contractor to file suit

2010-03-13T03:45:09Z

<div><p>LOS ANGELES (Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492 million.</p><p>Casino operator CARSON CITY As state leaders look for ways to address an $881 million budget deficit, the idea of using local government money earmarked for public works projects is gaining support among legislators.</p><p>Lawmakers have directed legal staff to examine the states ability to take a portion of the $4.2 billion that governments throughout N...

Dubai builder's shares fall after Abu Dhabi deal

2010-02-22T22:45:55Z

<div id="subtitle">Arabtec shares fall after Abu Dhabi's Aabar agrees to buy 70 percent stake in Dubai builder</div><div><p>Investors battered shares of Arabtec Holding on Sunday after the Dubai construction giant, which helped build the world's tallest tower, agreed to sell a controlling stake to a state-run investment fund in neighboring Abu Dhabi....

NM contractor to work on Spaceport America

2010-02-23T08:26:39Z

<div id="subtitle">New Mexico awards flight apron contract to local construction company</div><div><p>A New Mexico construction company has been selected by the state Spaceport Authority to work on the flight apron at the Spaceport America site in southern New Mexico.</p...

For the record, commissioner offers passionate defense

2010-02-24T09:04:56Z

<div><p> Former Councilman Larry Brown was always among the cooler characters on the Las Vegas City Council. In contrast to Mayor Oscar Goodman with his outbursts and lectures, Brown usually laid out the facts in measured tones.</p><p>So it was a sur...

Report: Reno highest in construction job losses

2010-02-25T00:28:31Z

<div id="subtitle">Report shows Reno, Nev., area ranks highest among metro areas for construction job losses</div><div><p>The construction industry has been the hardest hit sector of the economy during the recession, and the Reno-Sparks region is the nation's hardest hit area, according to a report released Wednesday.</p><p>The report by the USA alone. Carefully choose the best and the most efficient contractor so as to avoid all the unnecessary billings.<br><br>American-based building contractors should have a license and professional knowledge before they are allowed to work and advertise on the market. The local inspec...

August 16, 2001

2009-04-23T08:01:39Z

GENERAL INFORMATION: Benilde St. Margaret High School fracus-- for future story. ..IN THIS PHOTO: Opus is the general contractor at the school

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Without owners at table, unions unwilling to talk

2010-03-03T16:11:21Z

<div><p> After meeting Monday to discuss a request that CityCenter and Cosmopolitan workers accept pay cuts and other concessions, building trades union officials were prepared to reject the proposal made by general contractor Perini Building Co.</p><p>A source close to the building trades, who said he was not authorized t...

Why investors should avoid infrastructure stocks

2010-03-02T23:35:33Z

<div id="subtitle">Run up has some shorts salivating</div><div><p>“…most investors tend to project near-term trends—both favorable and adverse—indefinitely into the future.” </p><p>That’s what value investor Seth Klarman told a group of investors last February. Klarman, portfolio manager and co-founder of the Minn. bridge victims' lawsuits</div><div><p>An engineering firm that analyzed the Interstate 35W bridge and a construction company that was resurfacing the span when it collapsed have asked a judge to dismiss parts of four lawsuits from victims.</p><p>Las Vegas work sites.</p><p>The ideas drawn up by the Associat...

SPEAKING THE SAME LANGUAGE

2010-03-02T11:52:17Z

<div><p>Reviewing the insurance provisions of contracts is not what all producers would consider as being part of their service portfolio for insureds. In fact, many producers would likely try to avoid having to read contracts, even if they had the opportunity to do so.</p><p>Some producers, on the other hand, will not only read the insurance parts of contracts but also the remaining portions. Some producers also are known to change or even...

Building rebounds after early season drop

2010-02-28T05:32:59Z

<div><p>When members of the Associated General Contractors looked at the FW Dodge/McGraw-Hill Construction figures in their July newsletter, they could be forgiven for thinking that the Vermont construction industry was headed for the sub-basement in a hand truck.</p><p>Residential construction for May: d...

3 construction firms fined for NYC crane collapse

2010-02-28T13:38:59Z

<div id="subtitle">3 construction firms fined $313,500 for alleged safety violations in deadly NYC crane collapse</div><div><p>A federal agency hit three construction firms with penalties totaling $313,500 on Monday for alleged safety violations leading to a tower crane collapse that killed seven people last March.</p><p>The citations by the Las Vegas will be tough.</p&...