Monthly Archives: March 2017

Construction Executive Pay Expected to Rise by 4% This Year

March 20, 2017

Company revenue size is the most relevant demographic factor in determining how a construction company pays its executives as compared to other construction companies, reports PAS, Inc. in its latest Contractor Compensation Quarterly (CCQ).  When it comes to open-shop craft compensation in infrastructure construction, though,  location and type of construction are most relevant.

Resolution to Kill "Blacklisting" Rule Passes Congress, Moves to President

March 17, 2017

AGC and its members are on the verge of a major legislative victory: nullification of the regulations implementing President Obama’s Fair Pay and Safe Workplaces Executive Order, often referred to as the “blacklisting” rule.  Following a concerted AGC advocacy effort, the House of Representatives voted to nullify the rule through use of the Congressional Review Act (CRA) on Feb. 2, and the Senate passed the joint resolution by a slim margin on March 9. The legislation now moves to the President Trump’s desk for signature.

AGC Members Tour Expanded Carpenters Training Center

March 16, 2017

AGC of America’s Union Contractors Committee and the United Brotherhood of Carpenters (UBC) hosted a special event at the Carpenters International Training Center (CITC) in Las Vegas, NV, during AGC’s Annual Convention on March 8.  Convention attendees enjoyed small-group tours of the exceptional, recently expanded 17-acre CITC campus, which now boasts 1.2 million square feet of classrooms, guest rooms, dining rooms, conference rooms, shops, and event space.  A reception followed, at which Carpenters General President Doug McCarron, AGC CEO Steve Sandherr, and CITC Executive Director Bill Irwin gave brief remarks.

Collective Bargaining in 2016 Yields Average First-Year Increase of 2.6%

March 15, 2017

Construction-industry collective bargaining negotiations completed during 2016 resulted in an average first-year increase in wages and benefits of $1.18 per hour or 2.6 percent, according to the annual year-end Settlements Report issued by the AGC-supported Construction Labor Research Council.  For newly negotiated multi-year contracts, the average negotiated second-year increase was $1.59 or 2.8 percent, and the average third-year increase was $1.61 or 2.9 percent.

Pruitt Confirmed as New EPA Administrator

March 2, 2017

On Feb. 17, the U.S. Senate confirmed President Trump’s nominee to head the U.S. Environmental Protection Agency (EPA), Oklahoma Attorney General Scott Pruitt, after contentious debate and on a 52-46 vote that fell largely along party lines.  In the days that followed, Pruitt has given more clues about the Agency’s changing focus and direction.

AGC Builds on Its Regulatory Plan for the Trump Administration Transition Team

March 2, 2017

With President Trump in office and a Republican Congress, it would appear that opportunity exists to improve the regulatory system, as well as the compliance and enforcement process. As previously reported, AGC shared a comprehensive federal agency regulatory, compliance and enforcement plan with members of Congress and the Trump Presidential Transitional Team calling for changes to reduce barriers to investment in infrastructure.

Construction Spending Slips in January as Public Investments in Infrastructure "Tumbled" While Private Construction Demand Continues to Grow Solidly

March 1, 2017

Construction spending slipped from December to January but increased modestly from a year ago, as private construction grew solidly but public infrastructure outlays tumbled, according to an analysis by the Associated General Contractors of America. Association officials said the January data indicates the need for new public investments in infrastructure along the lines of the trillion dollar proposal President Trump outlined during his Congressional address last night.

7 Questions to Consider When Entering a New Market

March 1, 2017

Christie DeLuca, AECOM

Grow, increase, expand. These concepts form the foundation of a company’s strategic goals. Although not all strategies require entering new markets, at some point, firms must expand beyond existing clients or geographies to achieve significant growth.

Whether you’re on the executive team or serve in the business development space, answering these questions honestly can help your team determine where your company should focus its resources to achieve realistic and meaningful growth.

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