Author: agcnews
Subcontractor defaults pose an urgent and significant risk to the construction industry, with potentially far-reaching consequences. The 2024 AGC/FMI Study revealed that 70% of survey respondents reported an increase in subcontractor distress or defaults compared to the previous year, and nearly half of respondents reported project disruptions due to subcontractor defaults. This underscores the pressing need for effective risk management strategies. To help manage these risks effectively, ConsensusDocs has created a Prequalification and Subcontractor Default Prevention Resource Center, which is available here. The resource center provides ConsensusDocs sample standard prequalification statements for subcontractors, constructors/general contractors, design-builders, and design professionals. A wealth of valuable resources, including financial guidelines, articles,…
Each year, AGC recognizes outstanding companies and professionals in the industry for their passion and commitment to safety through the: Don’t miss this opportunity to nominate your organization and/or an outstanding professional for one of these prestigious awards! For more information, contact Nazia Shah at nazia.shah@agc.org. For a complete list of AGC’s awards programs, visit http://www.agc.org/awards.
AGC is excited to announce that Speaker Mike Johnson has agreed to speak to AGC Leadership later this month. Every year AGC holds the National Chapter Leadership Conference in Washington D.C. The event is designed for Chapter Presidents, Vice Presidents and Chapter Executives, to provide AGC chapter leaders a forum to network, discuss challenges and share real solutions with other chapter officers. AGC chapter leadership will have the opportunity to hear from Speaker Johnson about what lies ahead on the legislative agenda for the rest of the year, and what to expect in a new Congress. Participants will also have the opportunity…
AGC of America submitted a joint amicus brief to the U.S. Supreme Court on September 4, joining forces with the U.S. Chamber of Commerce and other business groups. The brief urges the Court to reverse a ruling by the U.S. Court of Appeals for the District of Columbia Circuit that dramatically expands the scope of environmental review under the National Environmental Policy Act (NEPA). AGC warns that the D.C. Circuit’s decision, if left in place, would set a dangerous precedent, forcing government agencies to evaluate environmental impacts far beyond their regulatory scope, creating unnecessary hurdles for construction projects across the country. The…
On September 6, 2024, President Biden signed an Executive Order on Investing in America and Investing in Americans (“Good Jobs” EO) directing federal agencies to prioritize and incentivize companies that adhere to a list of labor standards when awarding federal funds. The order goes beyond already existing minimum wage, PLA and paid sick leave requirements, as agencies will now be tasked with considering companies that promote union organizing, offer child and dependent care, provide health insurance, paid leave and retirement benefits, participate in registered apprenticeships and prioritize safety practices. Specifically, the EO calls on agencies to adopt the following labor standards: Several…
The 39th annual Construction Super Conference is headed to the Cosmopolitan of Las Vegas, from December 9-11, 2024. The premier event designed specifically for mid- to senior-level professionals who deal with legal and risk management issues in construction. ConsensusDocs is a proud sponsor of the marquee conference. Mark your calendars for a comprehensive experience that will provide you with the knowledge, resources, and networking opportunities to tackle today’s industry challenges head-on. The Construction Super Conference is more than just a series of lectures—it’s an immersive experience that equips you with actionable insights and practical tools. Walk away armed with information and resources crucial for navigating the…
As the title says, it’s not too late to begin an application for an AGC Awards Program! We strongly encourage AGC member companies in good standing who meet the competition requirements to apply online for some much-deserved recognition for their outstanding projects. The Baldwin Group Build America Awards (including the Marvin M. Black Partnering Excellence category) and AGC in the Community competitions recognize the nation’s most impressive construction projects ranging across the building, highway and transportation, utility infrastructure, and federal and heavy divisions; those contractors excelling in their partnering and collaborative endeavors; and the charitable contractors and chapters giving back to their communities. The AGC Diversity…
The construction sector added 34,000 jobs in August while the industry’s unemployment rate fell to 3.2 percent, the lowest August rate in the 25-year history of the data, according to an analysis of new government data the Associated General Contractors of America released today. Association officials noted that the unemployment rate and the results of a recently released workforce survey conducted by the association and Arcoro indicate that firms would likely have hired more workers if only they could find qualified people. “Construction job growth was the strongest in five months in August,” said Ken Simonson, the association’s chief economist. “But the record-low unemployment…
On September 4, the Occupational Safety and Health Administration (OSHA) launched an online tool that allows users to search the agency’s severe injury report database and view trends related to workplace injuries occurring in states covered by federal OSHA. The Severe Injury Report dashboard allows users to search and download data by year, industry, state, establishment name, and Occupational Injury and Illness Classification System codes. The dashboard includes information on all severe injuries reported by employers covered under federal OSHA since 2015. A brief instructional video is available to demonstrate how to use the dashboard. Visit OSHA’s Severe Injury Reports webpage for more information.
Next week the House of Representatives and the U.S. Senate are set to return from their August recess and will immediately begin debate on funding the federal government before current funding expires at the end of September. As AGC has previously reported, this is one of the last must pass items on the agenda ahead of the November elections. A new policy debate emerges. House Republicans are looking to tie any proposal to fund the federal government, at current levels for six months, with legislation that would require proof of citizenship to register to vote in a federal election. Can that actually…