AGC-Backed Bill Passes House
Measure’s Modest Amount of Funding for Infrastructure Projects and Clarification that PPP Loans May Not be Taxed Will Help Offset Some of the Challenges Facing the Construction Industry
The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the release of compromise coronavirus relief legislation slated for House and Senate votes as early as today:
Other Construction Policy Provisions Pass
Discusses Challenges and Opportunities
Provided CMMC Overview for Defense Contractors
Impact on Construction Unclear
On September 22, President Trump issued an “Executive Order on Combating Race and Sex Stereotyping.” While the EO does not establish a blanket prohibition on diversity and inclusion (D&I) training of employees by government contractors, it does set forth restrictions on the content of such training. The U.S.
Regulatory Rule Published
Expected to Pass After the Election
While not ideal, enactment of a short-term continuing resolution (CR) will ensure federal agencies remain open and ongoing projects for direct federal contractors (e.g., those with contracts directly with the U.S. Army Corps, Navy, General Services Administration, etc.) remain uninterrupted through December 11. However, federal construction projects that need fiscal year 2021 funds to begin or start a new phase are prohibited from moving forward.
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.
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