Create a CEG Account  /  CEG Login



State’s Stalled, $700M Construction Projects Hurt Builders

Companies are stuck not being paid for work and swallowing costs for starting and then stopping.

November 10, 2015 - Midwest Edition
Construction Equipment Guide

SPRINGFIELD, Ill. (AP) - An Associated Press analysis of state records shows there are 218 building projects halted due to the nearly five-month budget crisis.

Gov. Bruce Rauner suspended work July 1. Officials don’t know how much the ongoing delay will add to project costs.

Lyndsey Walters is spokeswoman for the Capital Development Board. She says construction had begun on 95 of the job sites and 11 of them are far enough along that they need to be protected from winter weather. That will cost the state more than $2 million.

Companies are stuck not being paid for work and swallowing costs for starting and then stopping. The state has paid 65 percent of the $707 million total cost.

The projects range from universities, state parks, prisons and historical sites.


Today's top stories

Faster Where It Counts: How Excavator Cycle Time Shapes Jobsite Productivity

4Rivers Equipment's 'One Big Goal' Passes Halfway Mark

New OU Basketball Arena Under Way at Entertainment Complex in Norman

Nationwide Trailers Acquires Phoenix, Arizona Market's JacksSons Trailers

Demo & Dig Days Events Draw Northeast Operators

UConn Receives Volvo L20 to Grow Construction Education

Takeuchi-US Hires Four New Regional Business Managers

Landoll Co. Donates Historic 40,000th Traveling Axle Trailer to International Towing & Recovery Museum


 





×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.



39.96118 \\ -82.99879 \\ Columbus \\ OH \\ US \\ 43215