Monthly Archives: July 2011
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A letter signed by more than 60 House Democrats was sent to President Obama today, urging him to sign a draft Executive Order (EO) that would require companies bidding on government contracts to disclose political contributions made within the past two years by their officers and directors to federal candidates and parties. The draft EO, which was leaked in April 2011, is seen by supporters as an effort to increase transparency in federal government contracting in an effort to halt pay-to-play contracting.
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The House of Representatives will vote this evening on Speaker John Boehner’s deficit reduction plan, the Budget Control Act of 2010. It is anticipated that most House Republicans will vote for the Speaker’s bill (although passage is not certain), even though it is still unclear how the debt-ceiling game will play out.
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Senators Ron Wyden (D-Ore.), John Hoeven (R-N.D.) and Mark Begich (D-Alaska) have introduced AGC supported legislation today to create a tax credit bond program dedicated to transportation infrastructure. Transportation and Regional Infrastructure Project bonds or TRIPs will be a financing tool to fund the transportation projects throughout the country.
2011JUL
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On Tuesday, AGC sent letters to the House and Senate urging passage of a multi-year aviation authorization bill to avoid further disruption to a construction industry that is already reeling from a steady decline in market opportunities which has resulted in the loss of 2.2 million construction jobs. The effort was made necessary after Congress failed to pass a short term extension of authorization for the Federal Aviation Administration (FAA). FAA authorization expired on September 30, 2007, and Congress has passed 20 short term extensions of authorization to keep the agency and its programs operating.
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Valuable Contractor Tools for Turbulent (and Non-turbulent) Financial Times The ConsensusDOCS 290 Guidelines for Obtaining Owner Financial Information and the related 290.1 Financial Questionnaire provide an easy and direct way for constructors to quickly determine the financial viability of projects. ConsensusDOCS is the only library of standard contracts that provide such helpful project tools, which
2011JUL
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Momentum continues to build in Congress to repeal the 3 percent withholding tax. AGC members and the construction industry have been at the forefront of the repeal campaign. In the last several weeks, AGC has sent out individualized state-by-state updates to our members, and as a result, the House has 213 cosponsors and the Senate is at 29 cosponsors. If you want your state’s list please email youngj@agc.org.
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A controversial U.S. Environmental Protection Agency (EPA) rule for smog is close to final signature, but the agency said this week that they will not be finished by July 29, as previously expected. It is the latest delay for the new national ozone standards, which were proposed in January 2010. This long, drawn out process
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This updated Project Delivery Systems textbook provides detailed information on traditional and alternative project delivery systems.
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