Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
Construction activity dropped 1 percent in July, the third straight monthly decline, the Commerce Department said Wednesday. Government revisions showed much weaker activity than previously reported for May [...] [...]
Eleven-mile mountain road jobs don’t come along every day for highway construction firms. This one would be worth millions of dollars to the winning bidder, Colorado Springs-based Schmidt Construction.
The project was completed on time and on budget in 2001, but within a few weeks the county officials who awarded the contract called, accusing the company [...] [...]
The Colorado Department of Transportation opened bids today for the reconstruction of the C-470 and Santa Fe Drive interchange, a project that will use up the last of the agency’s federal stimulus money that it’s already been granted.
Stimulus money will pay about $4.6 million of the total project. The rest of the project will be [...] [...]
Colorado Springs-based G.E. Johnson Construction Co. has been awarded a contract to build a $27 million visual arts building at the University of Wyoming in Laramie.
The two-level 83,750-square-foot facility will contain studios for drawing, sculpture, metalworking, ceramics, printmaking and related support facilities.
Johnson will pursue U.S. Green Building Council Leadership in Energy and Environment Design Silver [...] [...]
by Becky Hurley Published: October 20,2009
Tags: construction
Construction costs, which had been relatively low throughout the nation for much of the past year, are beginning to climb at an increasing rate.
With El Paso County commercial and residential construction starts stalled at near-2000 levels, logic suggests that the cost of building materials would remain low as well.
But pressures from a global economy and [...] [...]
Selection of a general contractor to complete interior work on the U.S. Olympic Committee headquarters building at 27 S. Tejon St. will be handled through a formal city bid process.
“There is no inside track,” said city spokeswoman Sue Skiffington-Blumberg.
Lee Jenniges will be the city’s contact for the project award. The deadline for responses to the city’s request [...] [...]
Interstate 25 will be closed for two nights this week for girder installation as part of the I-25/Baptist Road Interchange reconstruction project.
Beginning at 9:30 p.m. Wednesday and Thursday, one northbound land and one southbound lane will be closed for barrier removal and crane placement. At 10 p.m., I-25 will be closed to all traffic and [...] [...]
by Associated Press Published: August 3,2009
Tags: construction
WASHINGTON - Construction spending rose for the second time in three months in June as residential building increased and government-funded infrastructure projects jumped. The report provides fresh evidence that the housing sector may be recovering, while the rise in government spending was partly because of the Obama administration’s $787 billion stimulus package, economists said.
The Commerce [...] [...]
The Associated Press and Army Times report that Fort Carson might get to keep more than $500 million to improve its facilities even though it’s no longer receiving a new brigade combat team.
A Defense Department budget bill for the year ending Sept. 30, 2010, that was approved by the Senate Armed Services Committee this week [...] [...]
In order to ensure it could make the most of its remodel budget, the First Methodist Church board of trustees hired Second Opinion construction administrator Jim Smith to run the project.
So far, he has overseen key subcontractors, including Whitney Electric, Jean Sebben Associates, Western Services, Sperry and Mock Floor Covering and TECC Painting.
Like most church [...] [...]
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