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.
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
Aligns with Executive Order Proposing Pay History Ban for Federal Contractors
Aligns with Executive Order Proposing Pay History Ban for Federal Contractors
Business Development within the construction industry presents multiple challenges as competition levels rise, continued supply obstacles occur, and labor shortages pressure companies to do more with less. On this episode, members of AGC’s Business Development Forum – Chris Martin, President at Atlas Marketing and Tonya Byrd (Jackson), Business Development Manager at Gilbane Building Company – discuss these challenges and share best practices and methods to help your construction company grow.
AGC of America’s Union Contractors Committee will meet during the association’s 2022 Annual Convention on Wednesday, March 30, at 1:00 p.m. in the Gaylord Texan’s Grapevine 5-6 rooms. All union contractors and chapter staff registered for the Convention are encouraged to attend.
AGC of America is releasing a series of new coronavirus public service ads that feature Spanish-speaking construction workers urging their colleagues to get vaccinated for COVID. Each of the workers featured in the ads was unvaccinated and had a near-death experience with the coronavirus. They want their colleagues to avoid making the same mistake and in the videos urge other workers to get their shot. You can find the ads here and here. The ads all direct viewers to AGC of America’s Coronavirus Vaccine toolkit which now includes a feature to translate all the site’s content into Spanish.
In a favorable decision issued March 11, the TN Court of Appeals agreed with AGC of America and AGC of Tennessee that a subcontractor cannot sue a general contractor on one and the same set of facts for not only breach of contract (seeking to recover its purely economic losses) but also in tort for misrepresentation (seeking compensatory and punitive damages). The court of appeals ruled that the subcontractor’s ability to recover monetary damages was limited by its contract with the general contractor. As such, the court vacated the lower court’s award of punitive damages because they were not permitted under the contract.