Finance & Funding

The Texas Transportation Commission has conditionally awarded the two companies, Flatiron and Dragados the contract to design, build and operate a new cable stayed Corpus Christi Harbor Bridge.

A study reveals construction sector worries about public procurement practice in Poland. The study was commissioned by the Polish Ministry of Infrastructure and Development. Ulrich Paetzold, director general of FIEC, the European Construction Industry Federation commented that the study on how 'to implement intervention priorities as foreseen by the National Development Strategy 2020', “…confirms yet again some of the fundamental problems repeatedly stressed over several years by contractors and consulting

Discussions have been held between Brazil and Paraguay over the plans to build a new bridge between the countries. Work carried out by Construbase-Paulitec was reviewed by officials from the countries at an event held recently in Brasilia. Previous plans for work to start on the bridge had to be put on hold due to financing problems in Brazil. Construction work on the bridge looks set to recommence in August 2015 however.

Strong interest is being shown in a major highway project in Slovakia. The tender process is attracting a series of bidders for what will be Slovakia’s largest ever highway contract. The project is expected to be worth some €4.53 billion in all and involves the construction of a bypass around capital Bratislava. A series of major firms are interested in the bidding including China Communications Construction Company (CCCC), a consortium headed by VINCI Concessions and a consortium comprised of Bouygues Tra

Eiffage has won a contract to restructure the Quai d’Ivry interchange on the Paris ring road. Eiffage’s Public Works division picked up the €48 million deal within Paris’s 13th arrondissement. The 40-month contract was awarded by Paris’s development agency SEMAPA -- Société d’Etude, de Maitrise d’Ouvrage et d’Aménagement Parisienne. Eiffage said in a statement that the contract involves “every area of expertise offered by the Public Works division, including civil engineering, steel construction an