SEC Proposes Mandatory Emissions Disclosure for Public Companies
AGC helps construction firms prepare for ripple effect
AGC helps construction firms prepare for ripple effect
Join us in Washington DC on July 26-28!
AGC is holding its annual Construction Safety Health and Environmental Conference on July 26-28, 2022---this time in Washington, DC. AGC is excited to welcome you all to this in-person event. Visit the conference website at https://shec.agc.org/ to register, view the special events, and make your travel arrangements. AGC is making exciting changes to the environmental offerings beginning this year.
AGC is pleased to announce the appointment of new members to serve on its Environmental Forum Steering Committee. Members of the steering committee have direct access to federal regulatory officials, influence over AGC’s environmental agenda, and a means to exchange valuable information with one another and industry peers. Join us in welcoming the new members.
New members:
IPD represents a small share of project delivery methods used in the United States, but there are advantages. Lean construction works most efficiently with an IPD agreement providing the contractual framework to collaborate. A highlight recent study concluded that the business case for lean construction is compelling. A recent AGC webinar outlining the study can be accessed here.
A federal Judge in Texas recently ruled that the Biden administration’s U.S. Department of Labor (DOL) Wage and Hour Division (WHD) DOL violated the Administrative Procedure Act (APA) when promulgating both the Delay and Withdrawal Rules. The ruling effectively reinstates the Trump rule dating back to March 2021.
On March 3, 2022, President Joe Biden signed a law that limits the use of predispute arbitration agreements and class action waivers covering sexual assault and sexual harassment claims.
As anticipated, President Biden has signed into law the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021. The Act amends the Federal Arbitration Act (FAA) to give employees who are parties to arbitration agreements with their employers the option of bringing claims of sexual assault or sexual harassment either in arbitration or in court.
According to the latest Contractor Compensation Quarterly (CCQ) published by PAS, Inc., construction executive staff wage increases came in at 4.3% for 2021 and are also projected to rise by an average 4.3% by 2022 year-end. Though the projected 2022 increase is 4.3%, it is pointed out that historically executive staff predictions are low, so year-end 2022 increases might come in even as high as 4.8%.
Contractors Must Continue to Comply with Existing Regulations
AGC of America is hosting a WebEd series in April that includes a representative from DOL’s W&HD, among others, who will discuss existing prevailing wage requirements and compliance. Please keep in mind that this WebEd series will not be covering the recently proposed changes, just current compliance.