Project Owners Can Boost Buying Power, Spur Economy

Project Owners Can Boost Buying Power, Spur Economy
(3rd Quarter 2011)

A Message From

Leo A. Vecellio, Jr.

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.


 

John Hillman, Inventor of Hybrid-Composite Beam for Bridge Construction, Delivers 2011 Vecellio Lecture
(3rd Quarter 2011)

John Hillman (Photo reprinted courtesy of Engineering News-Record, © The McGraw Hill Companies, Inc., April 12, 2010. All rights reserved.)

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.


 

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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