During the early 1990s, debtor Redondo Construction Corporation (“Redondo”) entered into three separate construction contracts with the Puerto Rico Highway and Transportation Authority (“Authority”). The contracts required the debtor to undertake construction of a bridge and access road (the Patillas project); replacement of a different bridge (the Dorado-Toa Alta project); and highway improvements (the
Mayagüez
June 2012
Pay if Paid Case from the 7th Circuit
BMD Contractors, Inc., (“BMD”) was a mechanical piping subcontractor to Industrial Power Systems, Inc. (“Industrial Power”), which was in turn a subcontractor for the
general contractor overseeing the construction of an automobile transmission
manufacturing plant for Chrysler near Indianapolis, Indiana. The project owner was Getrag Transmission Manufacturing, LLC. (“Getrag”).
In connection with the project, Industrial…
Federal Transportation Budget Cuts $150 Million in Federal Funds for Rail
Hawaii News reports the House has approved a budget that includes $150 million dollars less than the $250 million originally requested by the White House. Senator Inouye has said he will continue to work to see that the rail project receives the necessary federal funding to be completed.
China Plans to Build the World’s Tallest Building in 90 Days
Following up on their incredible feat of constructing a 30 story hotel in 15 days, Broad Sustainable Building ("BSB") reports it is planning construction of a 220 story building to be constructed in Changsha, in the Hunan Province. The building will be called Sky City, and will be serviced by 104 elevators.
BSB claims its planned…
Solar Construction Is Booming in Hawaii
Solar construction is helping to buoy Hawaii's construction market. Hawaii is expected to prove one of the leaders in solar photo voltaic construction.