Construction Officials Urge Federal Officials to Allow Unemployment Supplements to Expire, Take Steps to address Supply-Chain Backups and Remove Tariffs on Key Materials so Firms can Perform More Work
We're all eager to get back to in-person conferences, but you won't want to miss the exceptional lineup of environmental sessions we've assembled for 2021's Construction Safety, Health & Environmental Virtual Conference on July 20-22. That's why we've slashed the price for this year's virtual conference and made it free to all AGC members. Participate at your own pace and learn about climate, community, corporate transparency, species, and water issues.
Houston-The Woodlands-Sugar Land and Odessa, Texas Have Worst 15-Month Construction Job Losses; Minneapolis-St. Paul-Bloomington, Minn.-Wis. and Fargo, N.D.-Minn. Top Lists of Metros with Job Gains
Filings Now Due on August 23, 2021
With COVID-19 restrictions lifting in the City of Philadelphia, GBCA’s Construction Leadership Council has come back together in-person! On June 10, 2021, the CLC hosted an in-person workshop and networking event at a local brewery.
After 15 months of virtual meetings, virtual workshops, and virtual “meet-ups,” the CLC wanted an opportunity to rethink networking, and get a refresher on making business and industry connections. Matt Blank, Director of Business Development of Friedman LLP, spoke about building business through networking and relationships, as opposed to a hard sell. This approach to business development and relationship-building starts with a strong conversation.
The Securities and Exchange Commission (SEC) recently requested public input on company disclosure of information associated with Environmental, Social and Governance (ESG) and climate change risks, impacts, and opportunities. In response, AGC’s June 11 letter to agency offered key principles for the SEC to consider: 1) support of voluntary and flexible, market-based disclosures; 2) adherence to the Supreme Court’s “materiality” standard and existing rules; 3) base disclosures on sound data and a workable framework for companies of different sizes and industries; and 4) set boundaries on the scope of reporting and limits on legal liability.
On June 23, Democratic House Leadership announced it will attach $168 billion in water and wastewater infrastructure legislation to the $547 billion surface transportation reauthorization bill for a vote on the House floor the week of June 28.
The week of June 28, the House is set to vote on the INVEST in America Act, legislation to reauthorize the nation’s surface transportation programs. This legislation passed the House Transportation and Infrastructure Committee earlier in the month on a near party-line vote. In addition to the $547 billion included in the legislation for surface transportation programs, the package also includes two other bills to reauthorize the nation’s waste and drinking water programs. While AGC is supportive of the House continuing the reauthorization process, we have reservations about some of the policies contained in the bill, such as a lack of environmental review and permitting reforms and a limitation on the ability to construct new highway capacity. As the legislative process moves forward, AGC will continue to encourage House members to make necessary improvements to the bill that will address these policies concerns.
On June 23, a bipartisan group of senators announced an agreement on a $1.2 trillion infrastructure framework with the White House. The framework—found here —includes $579 billion in new spending to rebuild America’s roads and bridges, improve public transit systems, invest in broadband infrastructure, and upgrade our airports. While this plan does appear to have bipartisan support, the path forward remains unclear, as Speaker Pelosi announced that she would not move similar legislation in the House until the Senate passed both the bipartisan infrastructure bill and partisan reconciliation infrastructure bill. In addition, there are a significant amount of details that have yet to be determined.