Significantly fewer construction firms are planning to make layoffs in 2012 than at any point in the past few years according to survey results released today by AGC and Computer Guidance Corporation. The survey, conducted as part of the 2012 Construction Industry Hiring and Business Outlook, shows many firms expect key private sector market segments to expand this year even as the overall outlook remains mixed.

The newly released second edition of Federal Government Construction Contracts is AGC's primary guide for contractors competing for and performing such contracts. Given the American Recovery and Reinvestment Act, the adoption of new and challenging project delivery systems, and the numerous regulatory changes affecting contractors, their obligations and risks, a Second Edition was warranted.