As part of the firm's Employee Wellness Program, CDM Smith donated a total of $50,000 to STEM for Her, a nonprofit organization promoting education to create awareness, excitement, and opportunities among girls and young women to launch successful STEM-related careers, and the National Kidney Donation Organization, a nonprofit organization advocating for prospective living kidney donors. Through its Wellness Program, participating CDM Smith employees and partners track healthy behaviors and are rewarded points for their accomplishments. At the end of each quarter, their points are pooled together and used to support various nonprofit organizations of their choosing. |
|
|
|---|
DOT Launches 5-Year, $1B Grant Program Targeting Highway Removal and More - The U.S. Dept. of Transportation announced on June 30 that it would begin taking applications for the Infrastructure Investment and Jobs Act-created Reconnecting Communities pilot program.
- The new Infrastructure Investment and Jobs Act program aims to restore neighborhood links to workplaces, schools, and other resources severed by old highways, rail lines, and other transportation infrastructure built many years ago.
- The reconnecting communities' funding totals $1 billion over five years, with $195 million as the initial year's allotment.
- DOT is encouraging states, cities, and other applicants to use the new pilot program funding "as a catalyst and leveraging point" and combine it with dollars from other DOT programs and federal agencies.
|
|
Private Sector’s Role in Climate Fight Grows During War in Ukraine - Due to the ongoing war in Ukraine, governments grappling with food and fuel shortages have become less focused on climate change initiatives, restarting coal power plants, and relying more on oil and natural gas to make it through this year’s energy crisis.
- Despite the lack of progress by governments, businesses and investors are pushing ahead and taking a bigger role in limiting rising temperatures by continuing to invest in green energy, often spurred on by customer demands.
- Startup financing is being augmented by spending pledges from established companies such as NextEra Energy Inc., BP PLC, and Microsoft Corp., with climate and sustainability startups having raised more than $20 billion in the first half of the year to kick-start new industries such as making hydrogen fuel from renewable electricity and removing carbon directly from the atmosphere.
|
|
|
|---|
July 1, 2022 Design, Consulting, Construction Management, LLC (DCCM), a Texas-based engineering and infrastructure services firm specializing in design, consulting, and program & construction management, has acquired RQAW, Corp. (RQAW), an Indiana-based full-service engineering and architecture firm focusing on architecture, transportation engineering, mechanical and electrical engineering, construction inspection, and civil and structural engineering. The acquisition of RQAW will provide DCCM with a solid platform to expand its services across the U.S., specifically throughout the Midwest. |
|
|
|---|
July 6, 2022 Environmental Resources Management, Ltd. (ERM), a UK-based sustainability advisory firm providing environmental, health, safety, risk, and social consulting services, has acquired MarineSpace, Ltd. (MarineSpace), a UK-based marine planning and environmental consultancy that provides a range of services, such as project management, geoscience services, Environmental Impact Assessments, monitoring plans, licenses and permits, and project lifecycle management, to marine developers. The acquisition of MarineSpace will enable ERM to deliver end-to-end services to support marine infrastructure projects in a broad range of sectors operating in the coastal and marine environment to aid in the shift to renewables. ERM's clients will benefit from MarineSpace's specialist capabilities, including marine development planning and permitting, geological, geophysical, and ecological services, marine data management, and maritime engineering. |
|
July 7, 2022 Tetra Tech, Inc. (Tetra Tech), a California-based consulting and engineering services firm that provides consulting, engineering, program management, and construction management services in the areas of water, environment, sustainable infrastructure, renewable energy, and international development, has acquired The Integration Group of Americas, Inc. (TIGA), a Texas-based systems integration and engineering services company that leverages established and emerging technologies to improve operational efficiency, increase reliability, and enhance safety for industrial markets. The acquisition of TIGA will enable Tetra Tech to "further expand [Tetra Tech's] high-end digital consulting and platform solutions across water, environmental, and energy sectors," said Dan Batrack, Tetra Tech Chairman and CEO. |
|
July 7, 2022 Universal Engineering Sciences (UES), a Florida-based engineering and consulting company specializing in geotechnical engineering, construction materials testing, building code compliance, threshold inspections, and environmental consulting, has acquired Speedie and Associates, LLC (Speedie and Associates), an Arizona-based consulting engineering firm specializing in geotechnical, environmental, and construction materials testing. The acquisition of Speedie and Associates is UES' first acquisition in the state and expands its operating footprint in the Western region of the United States. UES CEO, Dave Witsken, stated, "Speedie and Associates is another example of our strategic approach to partner with best-in-class engineering firms in key, high-growth markets. Speedie and Associates' reputation for excellence, dedication, and expertise make them a great fit with our culture and our vision." |
|
July 7, 2022 Godspeed Capital Management LP (Godspeed), a Washington D.C.-based lower middle-market Defense & Government services, solutions, and technology-focused private equity firm, has made a strategic investment in Zyscovich, Inc. (Zyscovich), a Florida-based architecture, interior, and urban design, and consulting services firms specializing in K-12 education and transportation projects for both public and private clients. Through this investment, Godspeed will partner with Zyscovich leadership to establish the Company as a signature brand within its existing multi-disciplinary growth platform Prime ABA, LP (Prime ABA), further expanding Prime ABA’s expertise across the AEC market. As part of the Prime ABA platform, Zyscovich will continue to focus on cutting-edge architecture, innovative design, planning, and social infrastructure solutions for both public and private sector clients that bring new life and vibrancy to cityscapes, particularly in high-growth markets such as Florida. |
|
|
|---|
Contact Information:
4915 West 31st Avenue
Denver, Colorado 80212
efcg@efcg.com
212.752.2203 |
|
|
|---|
Copyright © 2022 Environmental Financial Consulting Group, All rights reserved. |
|
|
|---|
|
|
