Transportation

Now That’s A Steel:  VDOT Issues Memorandum for Steel Escalation Price Adjustments

Now That’s A Steel: VDOT Issues Memorandum for Steel Escalation Price Adjustments

Construction material prices have been extremely volatile, negatively impacting virtually all projects. Recently, VDOT issued guidance on steel escalation, but for VDOT projects only. VDOT’s July 27, 2022 memorandum provides that VDOT will consider pay adjustments by change order for the unexpected rise in prices for steel used on projects between January 1, 2022, and August 1, 2022, if that steel was permanently incorporated into ...
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The Bipartisan Infrastructure Deal and its Impact on SWaM and DBE Programs

The Bipartisan Infrastructure Deal and its Impact on SWaM and DBE Programs

On November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Deal. The $1.75 trillion infrastructure bill, which is the largest investment in the nation’s infrastructure since 1956, will have a significant impact on Small, Women-owned, and Minority-owned businesses (SWaM) and Disadvantaged Business Enterprise (DBE) programs. A brief review of SWaM and DBE certification requirements ...
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