Risk Shift on Infrastructure Projects Includes Bigger Mobilization Payments ...Middle East

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Risk Shift on Infrastructure Projects Includes Bigger Mobilization Payments
Mobilization costs that were once routinely shouldered by infrastructure contractors on large projects now are sometimes paid before the steel is ordered or the jobsite is cleared. That’s what Ronald N. Tutor, CEO of contractor Tutor Perini Corp., told analysts and investors in reporting the company’s latest quarterly results on Aug. 1. “We’ve been able […] The post Risk Shift on Infrastructure Projects Includes Bigger Mobilization Payments appeared first on NY Times News Today.

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