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The Associated General Contractors of America | Quality People. Quality Projects.
www.agc.org January 8, 2013
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AGC WORKING FOR YOU
AGC to Host Webinar on the Affordable Care Act
February 5, 7, & 12 | 2:00 - 3:30 p.m. ET
 

HR professionals cannot make tough company decisions regarding the Affordable Care Act (ACA) alone.  As a result, many are guiding construction company owners and executives through the decision-making process to minimize the impact of the ACA on business operations.  This webinar series will provide those with a seat at the table the information necessary to make critical business decisions that will affect the company for years to come.  The webinars will be held on Feb. 5, 7 and 12.  Each webinar will be held from 2:00-3:30 p.m. ET.  Registration for all three days is just $99 for AGC members. Learn more and register here.

Advertisement
Fiscal Cliff (Nearly) Averted
The American Taxpayer Relief Act of 2012 Sets Stage for Tax Reform Later This Year
 

 
Watch the video above to find out how the deal to avoid the fiscal cliff will impact construction firms.

Shortly after midnight on Jan. 1, the Senate swiftly passed – by a vote of 89-8 – the American Taxpayer Relief Act of 2012 to avert the fiscal cliff. However, when the action turned to the House, drama ensued as many members of the Republican Party tried the equivalent of a legislative “mulligan.”   More than 21 hours after the Senate passed the bill, House Democrats were able to provide enough votes to pass the bill unamended, 257-167. Out of the 167 dissenting votes, 151 were Republicans who wanted a better deal.   Last Thursday morning, President Obama signed the legislation into law. Read more.

AGC, Computer Guidance to Host Members Only Conference Call to Release 2013 Construction Hiring and Business Outlook
Call Will Take Place on Monday, Jan. 14 at 2:00 p.m. ET
 

AGC of America and Computer Guidance Inc. will host a members-only conference call on Monday, Jan. 14 from 2:00 – 3:00 p.m. ET to release the results of the 2013 Construction Hiring and Business Outlook.  The Outlook, which is based on responses from over 1,300 AGC member firms from across the country, provides in-depth analysis of market trends, hiring patterns and equipment purchasing plans for the industry for 2013.  AGC Chief Executive Officer Stephen E. Sandherr, Chief Economist Ken Simonson and Computer Guidance President & CEO Roger Kirk will lead the call.  Simply dial (888) 218-0223 to participate in the Jan. 14 members-only call. No passcode is necessary. For more information, please contact Brian Turmail at turmailb@agc.org or (703) 837-5310.

January/February Issue of Constructor Magazine Now Available
Be Sure to Check out the Digital Edition Today
 

2013 brings a fantastic new issue of Constructor magazine – it’s packed full of great content, including a feature article on women in construction who are quickly changing the face of the industry, as well as an industry outlook for 2013, an article on top business trends for the new year, and a lot of buzz about Building Information Modeling (BIM). This issue really has something for everyone. You can read Constructor on your desktop, tablet or smartphone and stay in the know. The digital edition contains the same articles, images and ads as the printed copy in a convenient format that mimics the print version. To stay up to speed on industry and association news, be sure to follow Constructor on Twitter and subscribe to Constructor Monthly.

AGC IN THE NEWS
Construction Sector Adds 30,000 Jobs Between November and December
Industry's Unemployment Rate Hits 13.5 Percent
 

Construction employers added 30,000 jobs in December while the industry’s unemployment rate hit 13.5 percent, according to an analysis of new federal data released by AGC of America. Association officials noted that the monthly increase was the largest in nearly two years, driven primarily by increases in private sector demand for construction. “Resurgent demand for new housing construction and modest growth in private commercial construction are helping create some new construction jobs,” said Ken Simonson, the association’s chief economist. “Now that the threat of the fiscal cliff has been, temporarily, relieved, construction employment should continue to slowly rise in 2013.” Read the full press release here.

Construction Spending Slips in November but Rises from Year-ago Level
Association Officials Predict More Private Spending, Less Public Funding
 

Construction spending dipped from October to November, but resolution of the uncertainty regarding federal taxes for 2013 should unleash more private construction investment, according to an analysis of new federal data released by AGC of America.  Association officials warned, however, that unresolved issues about federal construction spending, including storm relief for northeastern states, will hold down public construction spending. “Preliminary data from the Census Bureau for November shows overall construction spending slipped 0.3 percent from October’s total after seven months of steady gains,” said Ken Simonson, the association’s chief economist. “The more significant comparison, however, is with year-ago levels, and the November report shows a respectable 7.7 percent gain over the past 12 months.” Read full press release here.

SIMONSON SAYS
2013 Recovery to Remain Fragile and Fragmentary
AGC Chief Economist Looks Back at 2012
 

The construction industry ended 2012 with a small uptick in employment and the first gain in spending in six years. Early indications suggest that the upswing will continue in 2013, but the recovery will remain fragile and fragmentary, by segment and region. Construction employment in December totaled 5,564,000, seasonally adjusted, an increase of 30,000 from November but only 18,000 higher than in December 2011. The industry alternated small gains and losses in jobs all year, although the December increase was the largest monthly pickup since employment bottomed out in January 2011. The December total is still only 2 percent higher than the trough and is 28 percent below the peak reached in April 2006. Read more.

HR & LABOR
New Health Care Law Regulations Released
Proposed Regulations Focus on Employer/Employee Definitions
 

On Dec. 28, 2012, the Department of the Treasury and the IRS released a notice of proposed rulemaking on the Affordable Care Act’s employer requirements which take effect on Jan. 1, 2014. The proposed regulations are meant to assist employers in complying with the law and will remain in effect until final regulations are released. The majority of the new regulations focus on the key concepts and definitions of “large employer”, “full-time employee”, and “tax penalties”. For a detailed analysis on the regulations from Ernst & Young, click here. For more information, please contact Jim Young at (202) 547-0133 or youngj@agc.org.

EVENTS
TODAY: Oil Spill Prevention, Clean-up and Reporting Webinar
What the Federal EPA Requires
 

Today, from 2:00 – 3:30 p.m. ET, US EPA’s SPCC Technical Team Leader will give you the exact information you need on federal Spill Prevention Control & Countermeasure (SPCC) program requirements. This program applies in all 50 states and regulates any construction site that has the capacity to store more than 1,320 gallons of oil.  Since EPA’s Nov. 2011 compliance deadline, ALL “regulated” jobsites must have a compliant SPCC Plan in place before starting work. Don’t miss this opportunity to get your real-world SPCC issues addressed by EPA’s SPCC leader.  This AGC webinar will allow you and your team to review requirements; learn how to implement compliant procedures and plans to reduce the occurrence of spills; and discuss the most common errors and violations. Learn more and register here.

AGC’s 94th Annual Convention: Register with the Early Bird Rate through January 16
March 6-9, 2013 | Palm Springs, Calif.
 

This year’s theme – Building Connections – will focus on the realities of the construction market today, what you can do to keep your business afloat, and how it just may be who you know that gives your firm that vital, competitive edge. And where better to build connections and grow your business than at the AGC Annual Convention? As our premier event each year, the AGC Annual Convention and Constructor Expo is the ideal opportunity to see everything that AGC can do for you and your business, as well as to learn from industry peers and experts on how they are overcoming today’s challenges. You can learn more about this year’s convention and register at the early bird rate today at http://convention.agc.org/.

CONSENSUSDOCS
TODAY: Free ConsensusDocs New Technology Webinar
2:00-3:00 p.m. ET
 

There is a better way to build, and ConsensusDocs is transforming contractual negotiations in the design and construction industry with the launch of a new open and collaborative technology platform. Technology has long been harnessed to improve safety, efficiency and quality in construction – now ConsensusDocs has utilized the advantages of technology to simplify project cooperation for improved and expedited contract negotiations that will speed the time to construction and fairly allocate risk, while reducing costly contingencies and adversarial negotiations. In this 60-minute webinar you will learn about the new ConsensusDocs technology platform, which provides: 24/7 access, easy editing with MS Word®, easy collaboration, Favorites – ConsensusDocs contracts modified to meet your unique needs, free guidance and much more. Register at https://consensusdocs.org/newtechwebinar.

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