March 23rd, 2007

House approves $124 billion supplemental spending bill, including construction funds

The House passed a $124-billion supplemental spending package today on a narrow 218-212 vote. Most of the funds are earmarked for the U.S. Military in Iraq but the measure also contains several billion dollars for defense and non-military construction programs.

The construction-related funding would include $1.8 billion for military projects, mostly in Iraq and Afghanistan; $3.1 billion for the defense base closure program; $1.3 billion for levees and other flood-control work around New Orleans; and $283 million for Veterans Affairs construction.

The White House has warned that President Bush would veto the bill, mainly because of language requiring the U.S. to start withdrawing troops next year if political and military benchmarks are achieved before then. The House vote fell far short of the two-thirds majority needed to override a veto.

Reference: ENR News Alert

March 15th, 2007

Wallboard prices fall due to weak housing market

March 14th, 2007

Rebound in nonresidential construction predicted

March 12th, 2007

CMAA study shows rise in CM/PM fees

March 11th, 2007

House authorizes $14 billion for sewage treatment plant construction, Bush expected to veto

March 9th, 2007

National Green Building Conference in St. Louis