AGC is excited to announce the launch of our new Judicial Advocacy news feed, a dedicated resource that keeps you informed about our ongoing efforts in the courts to protect and advance the interests of the construction industry. This feed will provide real-time updates on AGC's legal actions and the critical issues we're addressing that could impact your business.

Beginning on September 5, 2024, AGC will host a three-part webinar series on the basics of construction financials. Designed for professionals with little to no prior tax or accounting experience, the series will provide a foundational understanding of key financial statements: the balance sheet, income statement, and statement of cash flows. Later webinars will focus on fundamentals of construction taxes, and business operations such as identifying fraud, strategies to anticipate market changes, leveraging technology for efficiency, and creating a resilient infrastructure that adapts to future challenges.

On August 22, the U.S. Department of Labor (DOL) officially filed a notice of their intent to appeal the recent motion for a nationwide preliminary injunction blocking the provisions being challenged by AGC to the DOL’s expansion of Davis Bacon coverage. Pending any further action in court, the nationwide injunction remains in place. AGC originally filed a narrowly tailored lawsuit in federal court against the U.S. Department of Labor, challenging the agency’s unlawful expansion of Davis Bacon coverage to:

AGC’s volunteers are valued members who work to address industry issues, exchange ideas, and lead change to advance the industry. You and your colleagues are invited to take the next step in your AGC journey and join the volunteer pool. Many opportunities are available to get engaged and make a difference. Several committees are looking for committed volunteers, but there are also many short-term opportunities available. Complete or update the volunteer tab in your member profile by October 1st to let us know what you are interested in. This is a great way to advance AGC, contribute to the construction industry, and support the personal growth of you and your team. If you’re interested but short on time, please share this opportunity with colleagues who may want to get more involved. Visit www.agc.org/volunteer for details on volunteer roles and responsibilities.

We're excited to announce that the agenda for Construction HR & Workforce 2024 is now live! Get ready to explore a dynamic lineup of sessions designed to equip you with the latest insights, strategies, and tools to drive success in your organization.

The Rule Also Rescinds Other Representation-Case Protections

On August 15, the Department of Defense (DoD) published a second proposed rule for the Cybersecurity Maturity Model Certification (CMMC) program that places unified cybersecurity and information security requirements on DoD contractors and subcontractors. As AGC previously reported, the first proposed rule issued in December 2023 focused on the CMMC program and corresponding cybersecurity requirements for DoD prime and subcontractors. This latest proposed rule supplements the first proposed rule. Importantly, it contains DFARS revisions for contract clause requirements and additional guidance to federal contracting officers.

AGC joined a U.S. Chamber of Commerce-led amicus brief asking the U.S. Supreme Court to review an appeals court decision that creates roadblocks for trade associations and businesses challenging illegal federal agency actions.