On Friday, May 12, The Central Florida Expressway Authority announced that the largest work plan in its history was approved. The board unanimously voted to adopt a five-year, $1.6 billion work plan which is expected to create over 11,000 jobs over the next five years.
The five-year plan includes:
Per www.forconstructionpros.com “FMI’s forecast for 2017 predicts an increase of 6% for the total value of construction put in place in the U.S. With GDP most recently reporting 2.1% growth in the fourth quarter of 2016, construction growth of 6% looks solid. Although this is a drop from the hot pace of growth from 2013 […]
According to an article on www.abcactionnews.com “Construction contractors in the Tampa Bay area showed a stronger intention to hire new employees over the next 6 months than any other part of the state.Contractors also say they expect to have a lot of trouble finding qualified workers.
The opinions come Monday morning in the first ever Florida […]
The AGC Smart Brief had a nice article regarding communication on the job and how open communication is the key to a successful project. Tim Sinclair, chair of AGC’s Specialty Contractors Council is a former estimator, project manager and general contractor. His diverse background helps him see a job from multiple perspectives – as both a […]
According to an article on www.workerscompensation.com “U.S. District Judge Henry Lee Adams, Jr. has sentenced Orquidea Quezada (48, Orlando) to 18 months in federal prison for wire fraud and for operating as an unlicensed money transmitter. The Court ordered her to forfeit $136,886 in cash that was seized when she was arrested, $60,178.91 that was […]
Florida Power & Light announced Monday that they will be starting a significant expansion of renewable energy production throughout the next year.
By 2018, FP&L plans to build eight new solar power plants that will boost production with more than 2.5 million solar panels. According to the article located here, each of the planned solar plants […]
According to an article on bizjournals.com, “Construction starts increased 3 percent in South Florida in 2017, led by residential projects, according to Dodge Data & Analytics.
Based on its monitoring of construction permits, the firm said $10.9 billion in projects started in the tri-county region, up from $10.6 billion in 2015. Residential construction starts were up […]
According to a recent article, the IHS Markit and the Procurement Executives Group said that construction costs rose again in January on strength in labor and materials costs.
“The six-month headline expectations index moved up from 68.9 in December to 70.0 in January, recording another month of increasing prices. The materials/equipment index stayed positive, at 72.6, […]
The populations of 10 major U.S. metropolitan areas will skyrocket by more than 50 percent in the coming quarter-century, according to projections issued today by American City Business Journals.
Click HERE to read the full article to see how certain states rank. Nice to see that Central Florida is in the top 10 (ranked #4) and Cape […]
Florida Surety Bonds recently celebrated 18 years in business! We are proud to have grown into an agency with three locations that helps over 1,000 contractors to achieve their goals. Florida Surety Bonds is dedicated to providing excellent service, and will continue to hire customer service representatives in the coming year to that end. We […]