Vol. XXXVII, Number 48 - December 21, 2016
Latest News

ACEC EBI Survey: Firm Leader Optimism Surges with Trump 

The ACEC Engineering Business Index climbed a record 5.1 points in the fourth quarter.

Firm leaders' optimism over the incoming Trump Administration's plans for infrastructure investment, regulatory reform, and tax relief pushed the ACEC Engineering Business Index (EBI) up 5.1 points to 66.5, the largest ever quarterly increase.

"We finally have a president who understands business," said one respondent.

The EBI is a diffusion index derived from quarterly surveys of engineering industry leaders on their firm's business, market, and financial performance. Any score above 50 indicates business expansion.

Expectations for improved market conditions for one year from today climbed 8.8 points to 72.1, the largest quarter-over-quarter increase since the survey's inception in 2014. In the past two quarters, this score has increased a remarkable 15 points.

Firm leaders are bullish on profitability prospects in the coming year, with the score climbing 2.9 points to 70.5, and are optimistic about backlog growth over the next 12 months, the score rising 5.4 points to 71.5.

Among the public sector markets, firm leaders are most optimistic about Transportation (up 9.5 points to 73.7) and Water/Wastewater (up 7.5 points to 70.5). Among the private client markets, Industrial/Manufacturing was up 12.5 points to 70.7 and Energy & Power climbed 8.8 points to 69.2.

To view the latest EBI report, click here.

 

Massachusetts, North Carolina, and South Dakota Hit Fundraising Targets; ACEC/PAC Nears $1 Million

Three more states met their PAC goals this week: ACEC/Massachusetts, ACEC/North Carolina, and ACEC/South Dakota, bringing the total number of states at goal for 2016 to 29.

States already at 100 percent of goal are Indiana, Hawaii, Wisconsin, South Carolina, Tennessee, Montana, Delaware, Connecticut, Idaho, Nevada, Illinois, New Mexico, Metro Washington, Arizona, Kansas, Alaska, Georgia, Maryland, New York, Pennsylvania, Nebraska, North Dakota, Kentucky, Oklahoma, Arkansas and Iowa.

For ACEC/SD, led by PAC Champion Steven Hoff of HDR, it was the 10th time in 11 years that the state hit its target; PAC Champions Robin Greenleaf of Architectural Engineers, Lisa Brothers of Nitsch, and Dennis Coffey of HNTB led ACEC/MA to goal for the eighth straight year; and in ACEC/NC PAC Champions Monte Irvin of Ramey Kemp & Associates and Gary Hartong of The Wooten Group oversaw the state making goal for the fifth straight year.

“Every dollar we raise these last few weeks of 2016 helps us lay the foundation for a more effective federal advocacy effort in 2017," said ACEC President/CEO Dave Raymond.

ACEC/PAC’s annual Last Chance Sweepstakes is still ongoing, with a chance to win three separate cash prizes totaling $3,500.

For more information about ACEC/PAC and ACEC’s political programs, visit the ACEC/PAC website or contact ACEC Executive Director of Political Affairs Greg Knopp, or ACEC/PAC Director Katherine Bohny.

 

50th Anniversary Engineering Excellence Awards Deadline Nears; Don’t Get Shut Out!

The deadline for submissions to the 2017 Engineering Excellence Awards (EEA)—the 50th Anniversary of the “Academy Awards of the engineering industry"—is January 6, 2017.

The 2017 national EEA awards competition will include more top awards—16 Grand Awards and 20 Honor Awards. All awards will be presented at the 50th anniversary EEA Gala celebration—hosted by renowned comedian and screen actor Kevin Nealon—on Tuesday, April 25, 2017 in Washington, D.C. during the ACEC Annual Convention.

Only projects that are winners in their state EEA program are eligible for the national EEA competition. Firms entering a project must contact their State Organization to get a passcode for the National EEA online submission site. All entries for the national competition must be submitted online.

Click here for more information and to enter submissions.

For more information, contact Daisy Nappier at 202-347-7474.

 

ACEC/Nebraska Supports Congressman-Elect Don Bacon

Congressman-Elect Don Bacon (R-NE)(fourth from right) met with ACEC/Nebraska leadership last week: (left to right) Matt McFadden, FHU; Roger Helgoth, Kirkham Michael; Steve Kathol, Schemmer Associates; Kyle Anderson, FHU; Dan Thiele, Thiele Geotech; Jackie McCullough, ACEC/Nebraska; and Terry Morrison, Erhart Griffin.

 

Submit Your Firm’s Innovative High-Rise Projects to Engineering Inc. by Jan. 6

The May/June 2017 issue of Engineering Inc. will spotlight Member Firm’s innovations in high-rise construction, including office, commercial, residential and mixed-use.

If your firm has an innovative high-rise project that you’d like to be considered for in this special Engineering Inc. section, e-mail the information below to Engineering Inc. Staff Editor Andrea Keeney by Friday, January 6.

In a one- or two-page document, submit the following: project name and location; project overview, including unique aspects/challenges; and the name, title, phone number and e-mail address of the Member Firm executive to be interviewed for the project profile. The project can be under construction or recently completed.

If you have any questions, contact Andrea Keeney.

 

ACEC/North Carolina's Irvin Helps to Write Disaster Relief Legislation

North Carolina Governor Pat McCrory signed the Disaster Recovery Act of 2016 into law last week providing $201 million to help communities recover from Hurricane Matthew and wildfires. ACEC/North Carolina President-Elect Monty Irvin (second from right) of Ramey Kemp and Associates served on the governor's Hurricane Recovery Committee.

 

Building Your Best Project Manager, January 10

According to the 37th Annual Deltek Clarity - A/E Study, "Project Management is the heartbeat of a successful A&E firm, so it is discouraging to note the downward trend in the number of projects being reported as on or under budget.

Learn the attributes you should look for—and encourage—in a successful project leader in the January 10 online class From Project Manager to Business Leader. The presenter will examine the business processes and metrics required to measure the success of your PMs and offer solutions on how to attract and train the best team members.

For more information and to register, click here.

 

The American Council of Engineering Companies
1015 15th St., NW, 8th Floor, Washington, DC 20005-2605
Phone: 202-347-7474 - Fax: 202-898-0068
www.acec.org - E-mail: acec@acec.org
Alan D. Crockett, Director, Communications
Gerry Donohue, Editor/Designer
    Recent Highlights
    EBI

    ACEC Stock Index

    The ACEC Index compares the stock performance of ACEC's publicly held Member Firms with the NYSE Composite Index and Total U.S. Construction Spending.

    A/E Employment

    Total U.S. architectural and engineering employment dipped slightly in November 2016.

    ACEC Job Board

    ACEC Online Classes

    January

    10—From Project Manager to Business Leader, by Scott Hursh, managing principal AE Group, Stambaugh Ness. Learn the key attributes you should look for (and encourage) in a successful project leader. You'll also examine the business processes and metrics required to measure the success of your PM discipline.

    11—Win Presentations by Design, Not by Chance, by Don Sherman, principal/director, Don Sherman Group. This program will teach you how to develop professional presentations using a structured templated process. It has been used successfully by small and large A/E firms for public and private clients across all market sectors.

    12—The Intentional Leader: Maximize Your Leadership Impact, Build Your Reputation with Intention, by Jennifer Dalton, CEO/founder, BrandMirror. Learn how you can build a more intentional reputation as a leader, gaining a strong understanding of your "brand" and how it's perceived.

    18—Lease Accounting Rules Update—How Will They Impact Your Firm?, by Nick Baxter, assistant vice president, First American Equipment Finance, and Scott Hursh, managing principal AE Group, Stambaugh Ness. The Financial Accounting Standards Board (FASB) has issued new guidance on lease accounting intended to increase transparency in lease accounting by requiring organizations to report any long-term lease liability on the balance sheet. The presenters will examine the new lease accounting changes and the reporting impact on A/E/C firms, and explore how the changes may impact a firm’s strategic use of lease financing.

    19—Building a Social Responsibility Program that Improves your Bottom Line, by Donna Corlew, chief WIT officer, C*Connect. This presentation will explore how social responsibility programs can reinforce a firm’s brand, support its recruiting and retention efforts, and influence economic growth.

    24—Secrets to Successfully Communicating Technical Topics, by Shelley Row, Shelley Row Associates. For those steeped in technical expertise and who present in conferences or meetings, you must effectively share your knowledge with others succinctly. Learn practical techniques that make your hard work meaningful to others.

    25—Broad Form Indemnification, by Michael “Sully” Sullivan, executive director, ACEC/Georgia. In 2016, ACEC/Georgia won passage of a bill that prohibits the use of broad form indemnification and/or duty to defend clauses in engineering, surveying and architecture contracts. The presenter will share the process and legislative strategies that contributed to passing this bill on the first try.

    31—Strategic Leadership and Management: Achieving Sustainable Growth and Profitability for Your Company, by Gerry Salontai, Salontai Consulting Group, LLC. This session will share the best strategic leadership practices to increase the chances for success in an organization no matter what the external business environment.