Skilled worker shortages are likely to continue amid a surge of federally funded public projects, says Anirban Basu.

U.S. Treasury Dept. expands criteria for developers to qualify for larger tax incentives, as first US three-state offshore wind procurement in New England ends with four bids for 6.8 GW offered.

U.S. Dept. of Energy officials selected three projects on former Appalachian region coal mine sites and two Southwest projects using active mineral mine land to receive federal funding. 

The award is the largest to be offered under the CHIPS and Science Act program, Commerce Secretary Gina Raimondo said.

London-based contractor reported that Australia unit profit fraud in 2022 caused no corporate cash leakage.

The proposal would have created a new entertainment district in the Potomac Yards area, with an arena for Washington, D.C.’s professional basketball and hockey teams.

New extension buys lawmakers more time to work out differences on full-year fiscal 2024 agency spending levels.

Two specialty contracting powerhouses report beefed-up revenue, as well as profits, in year end and fourth quarter results shared in late February.

The U.S. Dept. of Commerce has $39 billion from the CHIPS and Science Act available to incentivize construction of semiconductor chip plants.

The CHIPS and Science Act money would go toward work to expand a New York chip plant and build another nearby, and to modernize a plant in Vermont.