Tag: CB&I
ABC Construction Backlog Indicator Steady in Q4 2018
Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator (CBI) contracted to 8.9 months during the fourth quarter of 2018, down 1.1 percent from the third quarter and 7.5 percent compared to a year ago.
JV team completes wastewater treatment plant projects $71.7 million under budget
The CB&I, Michael Baker International and Gannett Fleming joint venture (JV) team announced completion of construction management services for four projects as part of the six-year upgrade of the Newtown Creek Wastewater Treatment Plant in Brooklyn, N.Y. Not only were the four construction projects, valued at approximately $1.3 billion, delivered under budget, the team achieved all consent order milestones, allowing $71.7 million to be returned to the city.