Author: agcnews
The survey will close on November 11th , 2024 Contracts preference programs are federal and federal-aid programs that were created with the intent to help socially and economically disadvantaged businesses. These programs include, Disadvantaged Business Enterprise program, 8(a) Business Development program, Women-Owned Small Business Federal Contract program, Service-Disabled Veteran-Owned Small Business program, HUBZone program, etc. Please take a few minutes to answer the survey if you have experience with these programs. Your answers will help inform AGC of America about how these programs help and if there are improvements that can made.
The 2025 AGC Annual Convention is more than just an event — it’s the place where the construction industry comes together to network, collaborate, and share ideas. Contractors of all sizes and markets attend to build valuable connections, make lasting partnerships, stay ahead with cutting-edge insights from industry leaders, and explore the latest innovations and solutions. This is your chance to be part of the conversations that shape the future of construction. Join us in Columbus, Ohio, April 8-10, 2025. Learn More.
On Monday, October 14th, AGC submitted comments to the Committee on Ways and Means “tax teams.” These teams, started by Chairman Jason Smith (R-Mo.) earlier this year, have solicited input from interested parties about legislative priorities going into 2025, when many important provisions from the 2017 Tax Cuts and Jobs Act expire. AGC solicited input during past meetings of the Financial Issues Forum, and the comments reflect that feedback, along with priorities across AGC’s divisions. Over the next few weeks, AGC will do a deeper dive into specific priorities and their potential impact on the construction industry. Amongst the expiring provisions…
Success is hard-earned in the construction industry. With less than 35% of construction businesses reaching their 10th anniversary, it’s essential to manage risks effectively to safeguard your company’s bottom line. AGC is here to help. By leveraging the expertise of AGC members and industry specialists, we’ve developed practical tools designed to address some of the industry’s top challenges, including safety hazards, subcontractor defaults, and environmental compliance. Here are three key resources from AGC that can help you navigate risks and maintain profitability: For more Risk Management news and information, visit AGC’s website – https://www.agc.org/risk.
The Build My Future event in Cape Girardeau was an incredible success, giving students the opportunity to dive into the world of construction through interactive, hands-on activities and demonstrations. The event showcased the diverse career paths available within the industry, sparking excitement and curiosity among the next generation of builders. It was inspiring to witness students actively engage and explore the trades, highlighting the importance of fostering interest in construction at an early stage.
Construction sector employment rose by 25,000 jobs in September as both nonresidential and residential contractors added workers at a faster clip than other industries, according to an analysis of new government data the Associated General Contractors of America released today. Association officials noted that firms continue to boost pay as they seek to add even more people to their payrolls to keep pace with demand. “Construction job growth has remained strong,” said Ken Simonson, the association’s chief economist. “The persistently low unemployment rate for jobseekers with construction experience and the high level of job openings suggest the industry would hire even more…
AGC of America is proud to see one of its own members, a former locally elected official, taking a bold step toward higher office by running for a seat in the U.S. House of Representatives. This isn’t Russell Prescott’s first foray into politics, but it marks a significant new chapter in his public service. For numerous decades, he played a significant role as co-owner and vice-president of R.E. Prescott Company, a wholesale distributor and manufacturer specializing in water treatment systems and member of the AGC of New Hampshire. In 2020, he became the sole owner and president of the business,…
On October 2, AGC joined hundreds of local, state, and federal organizations in urging President Biden and the administration to use all of its authorities to end the East Coast port strike. The strike along the East Coast began on October 1and the longer it persists it is expected to have a broad economic impact by disrupting and delaying imports of critical goods and components for many industries. The construction industry could see certain materials, parts or equipment in short supply if the strike continues.
On Thursday, October 3, the Oklahoma Municipal Contractors Association and AGC of America led Representative Tom Cole (R-Okla.) on a tour of Lawton, Oklahoma’s Cache Road Waterline Replacement Project. The project is led by AGC member Cimarron Construction Company. When completed, it will replace and connect main water lines in downtown Lawton while adding safe pedestrian crossings. The construction site tour provided AGC with an opportunity to discuss the benefits of the federally funded State Revolving Funds, which are used to finance water projects such as this one, with Representative Cole. AGC staff also highlighted additional challenges facing the construction…
Construction employment rose in 245, or 68 percent, of 358 metro areas between August 2023 and August 2024, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that construction firms are boosting pay faster than in other sectors in an effort to attract even more workers into the industry. “More than two-thirds of metro areas have added construction workers in the past year,” said Ken Simonson, the association’s chief economist. “Nevertheless, many contractors say they cannot find enough qualified workers to fill their open positions, even though industry wages are…