News

Browse by Date - 202304

AGC Seeks Supreme Court Review in Case on Adequacy of CBA Termination Notice

AGC of America joined three other employer associations in filing an amicus brief at the U.S. Supreme Court on April 24, 2023, in a case addressing what language is needed in a notice to terminate a collective bargaining agreement (CBA) to satisfy the termination procedure in a CBA containing an “evergreen clause.”

Construction Executive Pay Reported to Rise by 4.7% for 2023

Vehicle Allowance and Practices Survey Results Unveiled

According to the latest Contractor Compensation Quarterly (CCQ) published by PAS, Inc., construction executive staff wage increases came in at 5.5% for 2022 and are also projected to rise by an average 4.7% by 2023 year-end. Historically, executive staff predictions are about 0.5% low. However, 2022 projections compared to 2022 actual numbers did not follow this pattern (see below), so it is possible that actual increases will exceed the 5.2% forecast.

AGC's 2023 Construction HR & Workforce Conference Call for Presentations is Open

AGC’s 2023 Construction HR & Workforce Conference will be held on November 6-8, 2022, at the Hyatt Regency Atlanta. The revamped event will feature keynotes focusing on the intersection of HR and workforce development. The program will feature a multi-track educational program that includes sessions focused on HR & training practices, while others will highlight workforce development strategies. Some sessions will cover both!

OFCCP Releases EEO-1 Data for Non-Objecting Contractors

The Office of Federal Contract Compliance Programs (OFCCP), after giving federal contractors and subcontractors several opportunities to submit objections, recently published EEO-1 data for contractors that “either affirmatively agreed to, or did not object to, the release of their EEO-1 data.” For contractors that have submitted objections, OFCCP is in the process of considering those objections and will make determinations

OFCCP Sets 2023 VEVRAA Hiring Benchmark to 5.4%

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 2023. Effective March 31, 2023, the hiring benchmark will be 5.4 percent, slightly down from 5.5 percent in 2022.  This benchmark is an annual goal for the percentage of hires who are veterans at each affirmative action plan (AAP) establishment.

CLRC Releases Report on Union Labor Costs in Construction

The Construction Labor Research Council (CLRC) has released its annual report on Union Labor Costs in Construction. The report is useful for understanding current trends in collectively bargained compensation for union craft workers in the construction industry, providing data analyses by region and trade. It can be a valuable resource when preparing for collective bargaining negotiations, particularly when used in conjunction with CLRC’s latest Settlements Report.

Agenda Available for AGC 2023 Construction Safety, Health and Environmental Conference

Check out learning opportunities for environmental and sustainability professionals

The AGC Construction Safety Health and Environmental Conference will take place on July 25-27, 2023, in Nashville, Tenn. Whether you focus solely on environmental compliance or greening your company’s business and projects---this conference has something for you. Best yet, you can select your options based on your needs.

Go to the conference website for details and to register: www.shec.agc.org.

Cost-Plus Gains Traction in the Face of Price Uncertainty

Cost-of-the-work agreements (aka “cost plus” contracts) are commonly used in commercial construction contracting to establish the terms and conditions for a project based on the cost of the work performed.[i] The major families of standard construction contracts include a cost-of-the-work plus overhead and profit in their product offerings.

Miami-based Coastal Construction Awarded For Creating New Artificial Intelligence Tool That Saves Firms Ten-thousand Hours Of Work A Year

 

Miami-based Coastal Construction awarded for developing Togal.AI, an estimating software program which utilizes deep machine learning and artificial intelligence to analyze construction drawings and provide quantity reports. As a result, the Coastal Construction was named as the grand prize winner of the AGC Innovation Awards, sponsored by Autodesk.