The Eichleay formula is the preferred method of calculating unabsorbed or under-absorbed fixed home office overhead incurred by a contractor during a period of extended contract performance. Originating in the federal contracting arena, the formula has gained acceptance in some, but by no means all, state courts. Read more.
When fully completed in 2028, the new Istanbul Yeni Havalimani Istanbul Airport will oust Atlanta's Hartsfield-Jackson airport as the largest in the world. Construction started in 2015, with the first phase ready to serve 90M passengers by 2018. The project will be staffed by 58 Liebherr tower cranes and 30,000 workers! Read more.