Godspeed Capital Management’s Post

Panel: The Age of Megaprojects The Regional Plan Association (RPA), which services the New York/New Jersey/Connecticut triangle, hosted a panel earlier this spring to discuss the mega-project boom.    Panelists from companies such as Turner Construction, Blackstone, the MTA and others discussed how those involved can help avoid the myriad pitfalls between approval and construction, and they explored the challenges of delivering massive infrastructure projects. They also shared best practices for contractors, advocates, and agencies to better develop, facilitate, and ultimately deliver transformative projects on time and on budget.   ConstructionDive.com offers a summary of the panel HERE. The three key takeaways are: ·   The importance of managing risk. ·   Making sure to take into consideration key factors such as labor needs, potential supply chain issues, and even climate change. ·   You'll need to navigate the political arena, from the local to federal levels along with the changing faces and ideals based on election successes/failures.   You can watch the entire panel conversation on the RPA’s website by clicking here (the conversation starts at the 23:45 mark). https://lnkd.in/ejs_ytUs

YEAR IN REVIEW | Projects, Infrastructure and Construction As we come to a close on 2023, our Projects, Infrastructure and Construction team reflects on the achievements, significant projects and highlights of the year. Partner and practice team leader Martin Lovell shares an update from the Piper Alderman team. Megan Calder, Tim Coleman, Geoffrey Emmett, Daniel Fitzpatrick, Nick Foulkes GAICD, Ben McLeod, Karyn Reardon, Robert Riddell, Kathryn Walker, Katie Winterbourne, Juniper Watson , Shaun Clifford, Emer Sheridan Read the complete article here: https://lnkd.in/gMb7iEmm #propertylaw #constructionlaw #yearinreview

✨ The Infrastructure and Projects Authority (IPA) recently published its 2023 National Infrastructure and Construction Pipeline. The 660 projects in the pipeline covers both public and private projects above a certain threshold over the next ten years that are either planned or projected. ✍ In our latest blog Andy Murray, Executive Director of the Major Projects Association, shares some of the key findings about this report of particular interest to our members. ➡ Read the blog here: https://lnkd.in/dwt98c4X #majorprojects #infrastructure #construction #blog Manon Bradley

🌟 Civil Infrastructure Updates: Shaping the Future of America 🌟 Exciting developments are underway in the U.S. civil infrastructure sector! 🚧 Here's a quick roundup of the latest projects, initiatives, and key players involved in transforming our nation: 1️⃣ Infrastructure Investment and Jobs Act (IIJA) Projects: Major companies like AECOM, Bechtel, and Fluor Corporation are at the forefront of these initiatives, with projects like the Brent Spence Bridge rebuilding and the Gateway Program for rail enhancements in the Northeast Corridor. 2️⃣ Sustainability at the Forefront: Leading the charge for green infrastructure, Siemens and Tesla are driving innovations in public transit electrification, while Jacobs Engineering is pioneering solar highway projects, such as the one in Oregon. 3️⃣ Resiliency Planning: Skanska and Turner Construction are key players in resiliency projects like New York's East Side Coastal Resiliency (ESCR), designed to protect urban areas from future storms and rising sea levels. 4️⃣ Water Infrastructure Overhaul: With aging water systems in need of upgrades, American Water Works and Xylem Inc. are involved in major water infrastructure projects, including lead pipe replacements in Flint, Michigan, and modernizing wastewater treatment plants across the country. 5️⃣ Highway and Bridge Modernization: Companies like Granite Construction and Kiewit Corporation are leading the charge in upgrading critical highways and bridges, such as the I-70 corridor improvements in Colorado and the I-285/GA-400 interchange project in Georgia, enhancing safety and reducing congestion. Let's connect and dicuss how you could play a major role in the latest construction projects. 🌎💪 #CivilEngineering #Infrastructure #Sustainability #Construction #Resiliency #IIJA #WaterInfrastructure #HighwayModernization #AECOM #Bechtel #Siemens #Xylem #GraniteConstruction

Estimated completion of Phase 1: 2025 Phase 1 includes land acquisition, comprehensive planning, horizontal utility installations, and earthwork construction. We are projecting a 14% return in 12-24 months. #projects #realestateinvestment #diversifyportfolio

One of the key reasons for publishing an #infrastructure pipeline is to create some certainty and transparency around future infrastructure intentions so that #construction firms can invest in the capability needed to then deliver - so far, so theory. David McNaught takes a look at the recent UK pipeline and asks the question - was the UK’s 2023 infrastructure pipeline worth the 3-year wait?

Could the fusion of global expertise with local insights act as a catalyst for revitalising our infrastructure? One example of glocalisation, as the author calls it, is the leveraging of a global firm’s expertise and local subcontractors’ workforce, which is the case in the development of major interstate bridges in Pennsylvania. Are we doing enough of that here, in our own infrastructure projects — or should we not? #infrastructure #glocalisation #construction

The Equity in Infrastructure Project (EIP) is rapidly expanding, with 56 signatories across 17 states, D.C. and Puerto Rico. In a recent discussion with Engineering News-Record, Phil Washington and STV board member John Porcari discuss the project's significance amidst unprecedented infrastructure spending, estimating a potential trillion-dollar impact. The EIP is bringing together public agencies and AEC firms with the goal of increasing contracting opportunities for historically underutilized businesses (HUBs). STV has proudly supported the EIP since becoming one of the first AEC firms to sign the pledge in 2022.

🚨 Keltbray Update Keltbray has sold its Infrastructure Division, Keltbray Infrastructure Services Limited , to private equity firm EMK Capital. This move allows Keltbray to sharpen its focus on the built environment sector and other targeted markets, aligning with our strategy for diversified growth. Brendan Kerr, Keltbray’s Owner, stated: “This decision is part of our long-term strategy to reinforce our commitment to excellence in specialist engineering. Now is the right time for KISL to transition to a new owner and start a new chapter in its growth story.” Darren James, CEO of KISL, expressed gratitude for the support from Keltbray and excitement about partnering with EMK Capital to unlock KISL’s full potential. As we move forward, Keltbray will continue to deliver a comprehensive range of specialist engineering services, supported by our in-house Design and Plant divisions. https://lnkd.in/dJsQdDSB #Keltbray #Infrastructure #StrategicGrowth #EngineeringExcellence

Powerful interview. Juan Santamaria Cases, CEO of German infrastructure construction firm Hochtief, explains how they have reduced their corporate risk by changing the structure of their deals to include an alliance style approach between contractor and client to more equitably share inflation risk and cost overruns.... "Asked ...how Hochtief has succeeded on persuading clients to agree on adopting a different attitude to the risk profile of contracts, Santamaría said that two things have changed in the market: First of all, clients have realised following the 2008 financial crisis that it is not in their best interest to see contractors take too much of the risk burden because if they collapse underneath it, it ultimately means more cost to the client. And secondly, the increasingly complex nature of high-tech infrastructure projects of the type Hochtief is pursuing require a more collaborative approach in any case." We would add a third point: The only way USA is going to build out infrastructure at the rate it needs is to find smarter/faster/better ways to work - in other words, increase productivity significantly. It's the golden goose. This principle applies to new pipeline, transmission, wind and solar. Eucalyptus timber mats are a small addition to the productivity arsenal, but increasingly customers are using Eucalyptus to solve their construction bottlenecks and deliver projects faster at much lower cost. #pipelineconstruction #transmissionlines #sustainableinfrastructure #renewables #windpower #solarpower #heavycivilconstruction https://lnkd.in/eUc2pCTk