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Project Owners Can Boost Buying Power, Spur Economy
(3rd Quarter 2011)
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A Message From |
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Leo A.
Vecellio, Jr.
Vecellio Group, Inc. President, Chairman
and CEO |
For project owners, one of the upsides during a
slow economy is getting more work done for less money due to the
extremely competitive bidding environment.
Bids for needed public works projects or proposals for new
business development plans often meet or beat engineering
estimates, stretching the owners’ money.
So it makes good sense to move projects with long-term benefits
from the planning stage to construction, especially in the
transportation sector, where a backlog of important projects
awaits funding.
The positive impact from this is two-fold: funds are maximized
to obtain the best return on investment, while creating and
keeping jobs that lift the entire economy.
Transportation contractors support enacting viable funding
solutions that meet our nation’s long-term infrastructure needs,
while releasing more vital projects for bid-letting and
construction in the short-term.
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John Hillman, Inventor of Hybrid-Composite Beam for Bridge Construction,
Delivers 2011 Vecellio Lecture
(3rd Quarter 2011)
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John
Hillman
(Photo reprinted courtesy
of Engineering News-Record, © The McGraw Hill Companies,
Inc., April 12, 2010. All rights reserved.) |
John R. Hillman, Engineering News-Record’s 2010
Award of Excellence recipient, presented this year’s Vecellio
Lecture at Virginia Tech. Hillman holds three patents for his
invention of the Hybrid-Composite Beam (HCB) used in bridge
construction. The beams weigh less and last far longer than
conventional beams, providing substantial cost savings.
The annual fall lecture is sponsored by the
Vecellio Family Foundation and individual family members through
an endowment to the school’s Vecellio Construction Engineering
and Management Program. The endowment also supports
scholarships, fellowships and a full professorship at the
school.
Three family members — the late Leo Vecellio, Sr.
(class of 1938), Leo Vecellio, Jr. (1968) and Michael Vecellio
(2001) — are alumni of Virginia Tech, more formally known as
Virginia Polytechnic Institute and State University.
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Got Concerns? Make an Anonymous Report at
www.VecellioGroupEthics.com or Call 877-210-7643
(3rd Quarter 2011)
The Vecellio Group has improved online access to
its ethics website, launched last year for reporting potential
concerns. The website now has a name that is easier to remember:
www.VecellioGroupEthics.com.
Employees or vendors of any Vecellio Group
company or division can go online to
www.VecellioGroupEthics.com — or
call (877) 210-7643 — to anonymously report any potential
concerns to an independent third-party, who will work
confidentially with the Group’s Independent Audit Department to
promptly handle and resolve the report.
Examples of unethical workplace behavior include,
but are not limited to, fraud, theft, sexual harassment, threats
or physical violence, substance abuse, discrimination, and
violations of any safety or environmental regulation.
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