Construction
Top stories summarized by our editors
2/22/2018

Audi of America plans to install integrated toll collection transponders in the rear-view mirrors of some cars. The company says the equipment is compatible with all toll road systems in the US, as well as those in parts of Canada and Mexico.

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Audi
2/22/2018

The White House Council of Economic Advisers has come out against a gas tax increase to fund the infrastructure bill, even though President Donald Trump has expressed support for such an increase. "[T]he gas tax's current design isn't really a 21st century design," said Kevin Hassett, the council's chairman; the council does support using tolls.

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CNBC
2/22/2018

Mike Heiligenstein, executive director of the Central Texas Regional Mobility Authority, is expressing support for the Trump administration's infrastructure plan, saying some of the ideas in the 53-page document are "surprisingly innovative." He says that several of the proposed programs would benefit his region, and he supports the plan's efforts to shorten the project approval process.

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Smart Highways online
2/22/2018

IBTTA is now accepting applications from individuals who would like to serve on the IBTTA Board of Directors in 2019 and beyond. Learn more about IBTTA's Board and how to apply here.

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ibtta.org
2/22/2018

Mansfield, Ohio, awarded a three-year contract to Richland Newhope Industries for custodial services at a cost of $71,940 per year.

2/22/2018

Chicago officials will contract with ABM Janitorial, Diverse Facility Solutions, A&R Janitorial and Total Facility Maintenance to clean government buildings, with We're Cleaning getting 10% of ABM's contract. The contracts total $106.3 million.

2/22/2018

Small- to medium-size enterprises often underestimate their exposure to cyberrisks, according to an Allianz Global Corporate & Specialty report. SMEs are paying more attention to cyberrisks but are often still unprepared for cyberattacks, said Vinko Markovina, AGCS' global head of MidCorp.

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Insurance Journal
2/22/2018

Marsh has debuted Project Edge to help contractors protect against emerging risks such as those associated with drones and new project delivery methods. The general liability product also covers "more traditional coverage enhancements including an expanded definition of occurrence and completed operations and repair work coverage through the statute of repose," a Marsh spokeswoman says.

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Marsh, Marsh
2/22/2018

Opioid use cost the Midwestern construction industry more than $5 billion in 2015 while claiming the lives of nearly 1,000 construction workers, according to a Midwest Economic Policy Institute report. "Untreated substance abuse can cost contractors thousands of dollars each year in health care, absenteeism, and turnover costs, while preventing abuse or getting an employee into recovery can ultimately save thousands of dollars," report author Jill Manzo said.

2/22/2018

Contracts that prohibit electronic discovery or limit the amount of discovery to a specific time frame can be helpful in lowering the costs associated with lawsuit discovery, Kenneth Rubinstein writes. Contractors should be aware that owners will often use audits as a weapon during payment disputes.