Public sector authorities are realizing that many times they are not ready to implement projects as P3s. They need more time to define their objectives and goals for the project, properly define the scope and phasing, and understand and fairly allocate risks between the public and private sectors.
As a result, a number of agencies are opting for or at least considering a different approach – engaging private-sector players earlier at a point more upstream in the planning process through what is known as a pre-development agreement (PDA).
If we want to deliver on the U.S. commitment to responsible, sustainable development around the world while championing U.S. jobs, we need the reach of our EXIM Bank.
Bechtel's Héctor L. García joined a panel of industry experts to discuss Latin America's significant infrastructure gap and uninterested financial lenders.
Making coal-fired power plants cleaner and affordable as part of the transition to a low-carbon energy future.
The Pueblo chemical agent destruction pilot plant was built with community input. It began operations in 2016 to safely destroy chemical agents.
The Wheatstone LNG plant highlights from Bechtel includes environmentally-sensitive marine dredging and our circular economy program.
According to the McKinsey Global Institute, the world needs to invest around $3.3 trillion dollars in infrastructure through 2030 to meet economic growth forecasts. A skilled construction workforce is essential to meeting this demand.
Expatriate workers rights and safety on the Alba Potline 6 Aluminum project are ensured with NGO help.
Technological innovations from drones to 4D modeling are improving Bechtel’s construction operations.