Monthly Archives: March 2021

SEC Requests Input on Climate Disclosures

March 31, 2021

On March 15, the Securities and Exchange Commission (SEC) released a notice for public input on its current recommendations for disclosing climate risks and how it could change or supplement that process in the future.  The Commission currently relies on its 2010 guidance to help entities understand how to identify and report on climate risks that could impact investors.  Now, the SEC faces considerable pressure to revisit and expand the guidance to include more on material risks and environmental, social, and governance (ESG) factors.  The SEC is asking for feedback on 15 topics associated with the regulation of climate disclosures---including how the rules should address private companies’ climate disclosures.

President Biden Releases Awaited Infrastructure Proposal, Specifics Unclear on How Investment Relates to Current Transportation Spending

March 31, 2021

On March 31, President Joe Biden released the American Jobs Plan, a $2 trillion, wide-ranging infrastructure proposal that seeks to invest in all modes of transportation, water, electric, broadband, public buildings, manufacturing, and much more. On the transportation front, Biden is proposing $621 billion in “additional” investment, including:

EEOC Announces Collections Dates for 2019 & 2020 EEO-1 Data

March 31, 2021

Employers Have from April 26 Until July 19 to Submit Component 1 Data

After delaying the opening of the 2019 EEO-1 Component 1 Data Collections on May 8, 2020 in light of the COVID-19 public health emergency, the U.S. Equal Employment Opportunity Commission (EEOC) has announced that the collections will now open on Monday, April 26, 2021.

OFCCP Sets 2021 VEVRAA Hiring Benchmark to 5.6%

March 31, 2021

The U.S. Department of Labor’s (DOL) Office of Federal Contract Compliance Programs (OFCCP) recently announced the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark for 2021. Effective March 31, 2021, the hiring benchmark will be 5.6 percent, slightly down from 5.7 percent in 2020.  This benchmark is an annual goal for the percentage of hires who are veterans at each affirmative action plan (AAP) establishment

President’s Much-Needed Infrastructure Investments Are Likely To Be Undermined By Proposal’s Misguided Labor And Tax Proposals

March 31, 2021

 

 

 

 

 

 

 

 

President Biden is Right to Focus on Improving a Broad Range of Infrastructure Projects, But Taxing Employers and Imposing Draconian New Labor Rules will Undermine Economic Growth

AGC Construction Inflation Alert

March 29, 2021

 

 

 

 

 

 

 

 

Every week brings new reports of materials costs hitting record highs, while lead times lengthen or become ever more uncertain. 

AGC of America recently released a Construction Inflation Alert. This document is intended to help chapters and members explain to owners, government officials, and others, what is happening and what all parties can do to minimize the damage. 

Nevada Chapter CLC Embrace Pandemic Challenges

March 29, 2021

The Nevada Chapter Construction Leadership Council (CLC), founded in 2013, fulfills the need to cultivate the next generation of leaders in the construction industry. CLC provides an opportunity for members to network, develop leadership skills, serve their community, and exchange ideas about the industry and challenges they face as mid-career professionals.  Although the pandemic made it nearly impossible to conduct any in-person events or meetings, we managed to make magic happen!

Construction Employment In February Trails Pre-pandemic Level In 44 States As Soaring Costs, Supply-chain Problems Jeopardize Future Jobs

March 26, 2021

Texas, Louisiana Have Worst Job Losses Since Pandemic Struck, While Utah, Idaho Gain the Most; Association Issue Inflation Alert and Urges Immediate Relief on Tariffs, Examination of Supply Barriers

AGC Explains PRO Act Impact on Open-Shop Contractors

President Biden to Unveil Infrastructure Proposal

March 25, 2021

President Biden is expected to put forth his proposal for a multi-trillion investment in infrastructure on March 31. The proposal is expected to include significant investments in a broad range of construction projects including roads, bridges, public transit, airports, drinking water and wastewater, schools, renewable energy, broadband and more. In addition to physical infrastructure, proposal is anticipated to include significant investments in “human infrastructure,” including but not limited to free community colleges, universal pre-kindergarten and paid family leave.

Surety Bonding and Construction Risk Management Conference

March 25, 2021

Announcing June Agenda for AGC's 2021 Surety Bonding and Construction Risk Management Conference

Join your fellow leaders in the construction, surety and insurance industries for engaging educational sessions and candid discussions of common interests and your respective strengths and weaknesses. Check out this year's schedule.

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