ABC Endorses Donald Trump for President
By ABC
July 22, 2024
WASHINGTON, July 22—Associated Builders and Contractors today announced its endorsement of former President Donald J. Trump for president.
“After almost four years of President Joe Biden and Vice President Kamala Harris’ anti-competitive, inflationary and divisive policies under...
Final Build America, Buy America Act Guidance Released
By P. Lee Smith
March 19, 2024
In October 2023, the Office of Management and Budget released guidance for the Build America, Buy America Act, which was enacted in November 2021 as part of the Infrastructure Investment and Jobs Act. This guidance:
Finalizes stricter rules for U.S. content requirements
Further...
A Look at Trending Legislative Changes Impacting Workers' Comp
By Rosanna Shamash
February 7, 2024
The tides are shifting in the construction industry when it comes to legal matters—and business owners could feel the brunt of it.
Recent legislative changes in the state of New York could signal how workers’ compensation cases move forward across the country and impact business...
How to Get the Most Bang for Your Buck Out of the Infrastructure Bill
By Rich Meene
January 31, 2024
The U.S. federal contracts and grants space has historically been one of the largest, most predictable global marketplaces. The U.S. government spends a staggering amount of money on the procurement of goods and services. The government is also an extremely reliable payer and can...
Encouraging a Merit-Shop Philosophy for Government Contracts
By Joseph M. Goldstein
November 3, 2023
For decades, federal, state and local governments have enacted statutes and regulations aimed at implementing preferences for minority-owned businesses, especially in the construction industry. While the construction industry has largely complied with these efforts, many construc...
More In-Depth Details on the Davis-Bacon Act Overhaul
By Angela M. Ritchie
September 29, 2023
The U.S. Department of Labor’s finalization of a rule updating the Davis-Bacon Act, the federal law which governs how prevailing wages for federal construction projects can be determined, will have a significant impact on contractors and workers alike in the construction industry...
New Prevailing Wage Rule Will Impact Construction Industry
By Trent Cotney
August 15, 2023
The U.S. Department of Labor made big news on Aug. 8 when it finalized a new wage calculation rule. It benefits construction workers on federally funded projects and is likely the most substantial overhaul to Davis-Bacon Act prevailing wage requirements in decades.
Understanding...
New Florida Bill Shortens Time for Construction-Defect Lawsuits
By Jessica Zelitt
July 19, 2023
On April 13, 2023, Florida Gov. Ron DeSantis signed Senate Bill 360 into law. This legislation alters the time period for bringing forward construction-defect lawsuits, as well as modifies the current private right of action against a contractor for violation of the Florida Build...
Deescalating Hyper Escalation
By Paul F. Williamson
June 7, 2023
Recent years have seen the construction industry get hit by a perfect storm of rising costs, workforce shortages, delivery delays, supply-chain issues, inflation, interest-rate hikes and materials price escalation. The cost of construction has become more expensive, leaving all p...
Six Ways to Put the Brakes on Social Inflation
By Julie Zando-Dennis
May 9, 2023
Construction contractors, their brokers and agents and their insurance providers can work together to help curb the rising costs caused by social inflation to the construction industry.
Social inflation is a term used by the insurance industry to explain how and why the cost of ...
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