On June 16, a bipartisan group of senators—10 Democrats and 10 Republicans— announced an agreement on a $1.2 trillion infrastructure package. The two-page plan includes $579 billion in new spending (on top of reauthorized transportation programs) to rebuild America’s roads and bridges, improve public transit systems, invest in broadband infrastructure, and upgrade our airports.
On Monday, September 20th, AGC Charities is holding a volunteer day at Give Kids the World Village to make improvements to the facility including replacing a protective fence and upgrading bathrooms at one of the Village’s pools. Watch this video here to learn more about the project. With your help, we can make this year’s AGC Charities Operation Opening Doors project a success so we can make sure these special kids get is truly spectacular.
As AGC continues to pressure the Small Business Administration (SBA) to change its approach to applications for the forgiveness of Paycheck Protection Loans over $2M, the agency finally appears to be doing just that. The agency has yet to make any announcements and details are still missing. There is, however, a growing body of anecdotal and other evidence that the agency is finally accelerating the process of forgiving these loans.
On June 10, the House Transportation and Infrastructure Committee approved legislation to reauthorize federal-aid highway and transit programs, on a mostly partly line vote. This five-year, $547 billon bill will now go to the full House for a floor vote at a yet to be determined date. An AGC analysis of this legislation as passed by committee may be found here.
On June 9, AGC and the business community urgedPresident Biden to remove steel and aluminum tariffs and quotas on the nation’s allies to help address significant price and availability issues for those construction materials. For instance, a widely watched index of steel prices rose 11% in April alone, setting new record highs each week.
On June 10, U.S. Labor Secretary Marty Walsh announced that the long-anticipated federal COVID-19 Emergency Temporary Standard (ETS) from the Occupational Safety and Health Administration (OSHA) will only apply to healthcare settings. This represents a significant change from early reports that the new standard would apply to a broad range of industries, including construction. The fact that the ETS only applies to healthcare settings is a significant victory for AGC and the industry.
Construction Association Calls for End to Tariffs on Lumber, Steel and Aluminum in Order to Deliver Prompt Relief Instead of Imposing New Restrictions on Hiring, Training, and Work Agreements
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the announcement today by the White House of actions it will take to address supply-chain disruptions:
The Associated General Contractors of America (AGC) is the leading association for the construction industry. AGC represents more than 27,000 firms, including over 6,500 of America’s leading general contractors, and over 9,000 specialty-contracting firms. More than 10,500 service providers and suppliers are also associated with AGC, all through a nationwide network of chapters.