Tax Reform Proposals Will Lower Cost of Construction Projects and Allow Firms to Focus More on Business
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr released the following statement in reaction to the Unified Framework released by congressional leaders and the Trump administration:
“The tax reform framework
is a step in the right direction. At 30.3 percent, the construction industry
faces the highest effective tax rate of any industry in America, said Sandherr.
“The overwhelming majority of construction firms are pass-through businesses,
meaning the owners pay taxes at the individual rates, not the corporate rate.
“Tax reform that lowers
the rates for businesses of all forms and sizes is long overdue, and will
provide shot in the arm to the industry, lower the cost of construction
projects, and allow construction firms to focus more on their business, and
less time with the IRS.
Read the full statement here.
Republicans Take Control of NLRB
The National Labor Relations Board (“NLRB” or “Board”) now has a
full complement of five members with a Republican majority for the first time
in roughly a decade. This follows from the September 27 swearing in of
Republican William J. Emanuel as a Board member for a term ending on August 27,
2021. Emanuel is the second Trump nominee to join the Board, following
Republican Marvin E. Kaplan’s swearing in on
August 10 for a term ending on August 27, 2020.
Emanuel is a very experienced management-side labor
lawyer. He was most recently a shareholder in the Los Angeles office of
Littler Mendelson and has practiced with several other prominent law
Learn more here.
AGC Convention Registration Now Open
Make your plans to attend the 99th Annual AGC
Convention, February 26-28, 2018 in New Orleans, LA. Come celebrate 100
years of construction, cultivate new ideas and partners, see and hear the
latest in construction innovation, and leave with the tools to take your
business to the next level. Come join your fellow construction industry
colleagues and benefit from the over $100 Billion worth of experience present
as well as take part in 18 education sessions, 4 division sessions and
meetings, 2 plenary sessions, and 2 awards ceremonies featuring the very best
in the construction industry. The AGC Convention is your opportunity to
get plugged into the past, present and future of your industry.
Learn more and register here.
AGC Build America and AGC in the Community Competitions Now Open
AGC of America is proud to announce the launch of our 2018 project award competitions! The AGC Build America Awards (including the Marvin M. Black Partnering Excellence category) and AGC in the Community competitions are now accepting applications. These programs recognize the
nation’s most impressive construction projects ranging across the building, highway and transportation, utility infrastructure, and federal and heavy divisions; those contractors excelling in their partnering and collaborative endeavors; and the charitable contractors and chapters giving back to their communities. AGC member companies and chapters in good standing who meet the competition requirements are encouraged to apply online for some much-deserved recognition. Apply by October 25,
2017 for full consideration.
Learn more and apply here.
Construction Spending Increases in Most Categories from July to August But Year-Over-Year Changes Are Mixed With Big Drops in Infrastructure
Most major construction spending categories increased from July to August but activity was mixed compared to spending levels a year earlier, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that big drops in public investments mean infrastructure will continue to deteriorate and impede economic growth.
"It is encouraging that
spending rebounded in August for many types of residential, private
nonresidential and public projects,” said Ken Simonson, the association's chief
economist. “However, the August numbers also show that public and private
nonresidential construction are continuing to slow or fall below last year’s
levels. Spending patterns are likely to be uneven through next year, as
previously hot categories cool off but others revive.”
Read full news release here.
Construction Employment Increases in 274 out of 358 Metro Areas Between August 2016 and 2017 as Firms Work to Cope with Growing Labor Shortages
Construction employment increased in 274 out of 358 metro areas
between August 2016 and August 2017, declined in 52 and stagnated in 32,
according to a new analysis of federal employment data released today by the
Associated General Contractors of America. Association officials noted that the
construction job gains come even as 70 percent of responding firms reported having
a hard time finding qualified craft workers to hire.
Read full news release here.
New Business Development Best Practice: Keys to Building Effective Business Relationships
The Business Development Best
Practices are an ongoing effort by the AGC Business Development Forum Steering
Committee to bring more BD resources and best practices to the AGC membership.
This month, the Business Development Forum
Steering Committee highlights:
- Everyone wants and
values their business relationships, but how do you establish effective
business relationships? Is it just about meeting people? You meet someone,
talk, and you have a relationship. Seems easy, yet effective business
relationships take dedication and commitment. In her article, Keys
to Building Effective Business Relationships, Anne Liberto,
General Building Contractors Association, presents six key ways to
building effective business relationships.
If you are interested in contributing a best practice,
please contact email@example.com.
New AGC Business Development Forum Survey – Participation Requested
In order to ensure that the AGC Business Development Forum
is fulfilling its mission to advise AGC members of new market opportunities,
follow and report on trends in the construction market, and advise members on
the techniques and tools of BD, the Steering Committee has developed a
brief electronic survey. To submit suggestions and ideas, please take the survey. Access
to the survey will close Friday, December 8, 2017, so please
complete as soon as possible.
For more information or questions please contact Paige
Packard at firstname.lastname@example.org.
|CONSTRUCTION LEADERSHIP COUNCIL
AGC of America Accepting Applications for the 2018-2021 CLC National Steering Committee
Applications due Tuesday, October 31, 2017
AGC of America is now accepting applications for the
2017-2020 CLC National Steering Committee. In order to be considered for the
National Steering Committee, the applicant must complete this
application which includes information regarding the applicant’s
background, approval from the applicant’s supervisor, and a letter of
recommendation from their Chapter Executive. Candidate must submit
completed application to Sarah Gallegos at email@example.com, via email by COB,
Tues., Oct. 31, 2017. If you have additional questions, please contact
ConsensusDocs Hits 10-Year Milestone of Better Project Results
the first consensus standard contracts written by and for the construction
industry has reached a 10-year milestone. This first-of-its kind coalition has
grown from 20 organizations in 2007 to 40 leading organizations today, while
being at the forefront of breaking down contractual obstacles. The catalog of
contracts has grown from 70 to over 100 standard contracts and in this 10-year
period has established a track record of success with billions of dollars of construction
put in place using ConsensusDocs contracts.
Learn more here.