Arbitration serves the construction industry well because arbitration panelists, who preside over binding decisions in arbitration, possess familiarity and subject matter expertise in construction. Construction cases often hinge on technical and complex matters. Also, arbitration generally offers faster and less costly resolution than litigation. In recent decades, arbitration has been critiqued for becoming more resource-intensive, involving extensive discovery. Some have coined this “arbilitigation.” There are ways for parties to act as decision-makers to streamline the process. ConsensusDocs is offering a July 18th live webinar entitled “Unlocking the Advantages of Arbitration Over Litigation,” which you can register for here. The webinar will outline ways to use arbitration most efficiently.
The Associated General Contractors of America and the American Road & Transportation Builders Association (ARTBA) jointly surveyed members from April 26 to May 8, 2024. The survey sought insights from contractors regarding Buy America requirements for manufactured products and their potential impact on projects which receive financial assistance from the Federal Highway Administration (FHWA).
In a heartfelt tribute to Eddie Stewart, retiring CEO of Caddell Construction, friends and colleagues have come together to establish the Eddie Stewart Scholarship. This scholarship not only celebrates Eddie’s remarkable career but also underscores his commitment to furthering education opportunities for students studying for careers in construction.
TRIP has issued a news release highlighting the importance of safety, reliability, and condition of the nation’s freight transportation network following the collapse of Baltimore’s Francis Scott Key Bridge.
On April 29, 2024, Senate and House of Representatives leaders reached an agreement to reauthorize Federal Aviation Administration funding for the next five years. Previously, the House passed their version of the bill in July 2023, but the Senate was held up due to debates about increasing the pilot retirement age, including flight simulators in qualifying as a portion of flight training, and providing special security at airports for certain members of Congress and other officials.
New funding opportunities for water systems available
The AGC Education and Research Foundation is proud to announce the establishment of the Bowen Prize for Great Builders. Established by Robert “Bob” Bowen, this new $1M endowed Prize was announced during last month’s CCC Gala to benefit the AGC Education and Research Foundation during the Annual AGC Convention in San Diego.
Excavation projects are critical for the development and construction of utility systems, such as drinking and wastewater pipes, traditional and renewable energy sources, and broadband internet. Safety protocols must be adhered to throughout the entire construction process to reduce damages. These safety protocols usually begin with a call to a state one-call notification center before excavation.