Tag: megaprojects
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Work continues on NYC megaprojects, despite $18B federal funding pause
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Contractors on two of New York City’s largest infrastructure projects will keep digging, but they might glance over their shoulders toward Washington. A pair of the Big Apple’s infrastructure darlings, the Gateway Program and the next phase…
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How transit leaders learned to handle multibillion-dollar megaprojects
“We are all dealing with infrastructure that is aging,” said Massachusetts Transportation Secretary Monica Tibbits-Nutt, who moderated a panel on megaprojects at this year’s American Public Transportation Association conference in Boston, where leaders talked through the challenges and lessons learned from these multibillion-dollar endeavors. “We are dealing with communities that are changing, and these are…
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Behind the contract terms on today’s megaprojects
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Real work starts long before contractors hit shovels to the ground, especially on billion-dollar megaprojects. Lisa Stalteri, partner at Kansas City, Missouri-based law firm Lathrop GPM, knows this firsthand. She focuses on some of the country’s largest…
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NAO recommends giving Treasury seat on board of ‘mega-projects’
The National Audit Office (NAO) has suggested HM Treasury or the National Infrastructure and Service Transformation Authority (NISTA) have greater involvement in ‘mega-projects’ such as HS2 to ensure accountability and value for money. The recommendation was included in a new NAO report looking at the governance of mega-projects ahead of the government’s plan to publish…
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6 airport megaprojects taking flight in 2025
Listen to the article 9 min This audio is auto-generated. Please let us know if you have feedback. In 2025, several significant airport projects priced at over $1 billion are set to advance around the country. The growth is driven by a healthy demand for larger and more modern facilities, as well as by the…