With the addition of two new federal bid protests, AGC is aware that four AGC-member construction firms have now filed federal bid protests objecting to project solicitations that require a project labor agreement (PLA). All four protests have led the government to voluntarily suspend the contract… Read More
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August 13, 2024
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Futures prices for commodities have continued their rapid retreat from July’s highs, but many products used in construction are still rising in price.
On September 3, crude oil futures dropped to a five-month low. Copper, aluminum, nickel and natural gas all traded at or near the lowest levels… Read More
September 4, 2008
Senator John McCain (R-Ariz.) will formally accept his party’s nomination this evening. Senator McCain captured the attention of the media following the Democratic Party Convention with his Vice Presidential pick of Governor Sarah Palin (R-Alaska), but has yet to turn it into gains in polls.… Read More
September 4, 2008
At this week’s Republican National Convention in Minnesota, House Transportation and Infrastructure Committee Ranking Republican John Mica (R-FL) pitched a $1.5 trillion plan to invest in the nation’s transportation infrastructure. The plan would include investments in all modes of surface… Read More
September 4, 2008
AGC sent a letter this week to Senate Appropriations Committee Chairman Robert Byrd (D-W.V.) in support of the infrastructure investment provisions contained in the Chairman’s second stimulus supplemental appropriations bill for fiscal year 2008. In particular, AGC expressed support for the… Read More
September 4, 2008
Congress has planned to adjourn for the year on Friday, September 26, leaving just 3 weeks to address energy security, the highway trust fund shortfall, a continuing resolution on funding for the entire government, the extension of funding for the Airport Improvement Program, extension of expiring… Read More
September 4, 2008
Construction spending in July slipped 0.6% to $1.08 trillion at a seasonally adjusted annual rate (SAAR), the Census Bureau reported today. Year-to-date (YTD) spending in the first seven months of 2008 was down 5.4% from the same period of 2007. The declines were concentrated in private residential… Read More
September 2, 2008
"Nonresidential construction spending continued growing in July, despite the weak economy and housing slump," Ken Simonson, Chief Economist for The Associated General Contractors of America (AGC), said today following the release of construction spending data from the Census Bureau. "But Congress… Read More
September 2, 2008
The Associated General Contractors of America (AGC) today commended the House Transportation and Infrastructure Committee for conducting a hearing on the National Surface Transportation Policy and Revenue Study Commission's report to Congress—Transportation for Tomorrow—and called on Congress to… Read More
September 1, 2008
The AGC/Chamber of Commerce Americans for Transportation Mobility coalition has released a study highlighting links between nation's transportation system and U.S. economic productivity, competitiveness, and growth. The Transportation Challenge: Moving the U.S. Economy, highlights the manner in… Read More
September 1, 2008
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