News and Views

AGC Explains Three Options for Creating Jobs

Monica Cardenas — Thu, 12 Nov 2009 15:39:48 +0000

AGC explained the three options Congress and the administration must weigh to create jobs with new public-works funding. Options include accelerating the surface transportation reauthorization, a quick-spending, additional recovery, and additional funding for the 2010 spending bill.

Building Capital Projects in Tough Times-From An Owner's Perspective

Monica Cardenas — Wed, 11 Nov 2009 18:38:52 +0000

Written by John Lynch from the State of Washington and published as a joint effort of AGC of America and the National Association of State Facilities Administrators (NASFA), this eight page article is targeted toward public owners who construct capital projects and those contractors who are engaged in this type of work. It is particularly [...]

Updated Construction Financing Guide Released

Monica Cardenas — Wed, 11 Nov 2009 18:38:13 +0000

Originally written in 1999, a task force of AGC members updated and recently completed the AGC Guide to Construction Financing-Second Edition. This 26-page publication clearly explains the construction financing process and points out some of the opportunities and pitfalls for the contractor. It is intended to serve a reference to get contractors thinking about the [...]

ConsensusDOCS Releases Green Building Addendum

Monica Cardenas — Tue, 10 Nov 2009 19:05:07 +0000

ConsensusDOCS released the construction industry's first and only comprehensive standard contract document addressing the unique risks and responsibilities associated with building green projects - the ConsensusDOCS 310 Green Building Addendum.

Construction Unemployment Surges to 18.7 Percent

Monica Cardenas — Fri, 06 Nov 2009 16:12:41 +0000

While the extension of the home buyers' tax credit and expansion of carryback of net operation losses will provide some help for the 1.6 million construction workers who lost their jobs since December 2007, AGC called for additional measures to stimulate construction demand as new federal figures showed another 62,000 construction workers lost their jobs in October.

Congress Acts on Key Measures from AGC's Economic Recovery Plan

Monica Cardenas — Thu, 05 Nov 2009 20:38:57 +0000

Congress this week passed legislation to expand the first-time home buyer tax credit and five-year carryback of net operating losses (NOL), two provisions AGC called for in Build Now for the Future: A Blueprint for Economic Growth.

New Video Ad Shows How Deficient Roads Cost Lives

Monica Cardenas — Wed, 04 Nov 2009 22:14:34 +0000

A new video advertisement from the Transportation Construction Coalition, co-chaired by AGC, highlights the findings of a new study that shows 22,000 Americans die each year on deficient roadways. Watch the video here. For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.

New Ad Shows Real Cost of Health Care Reform

Monica Cardenas — Wed, 04 Nov 2009 14:13:44 +0000

A new ad campaign, launched as part of a broad business community effort with AGC's support, explains some of the economic challenges various proposed health care "reform" efforts pose for employers nationwide.

Latest Figures Show Double Digit Drops in Spending

Monica Cardenas — Tue, 03 Nov 2009 15:29:06 +0000

AGC noted Monday that there is no sign of an economic recovery yet for the nation's construction industry after new federal figures showed private construction investments declined by 20.6 percent between September 2008 and September 2009.

Stimulus-Funded Projects Save and Add Jobs for Construction Workers

Monica Cardenas — Mon, 02 Nov 2009 13:51:11 +0000

AGC and the Florida East Coast Chapter announced Friday that a $20.5 million stimulus-funded project to widen I-95 in Palm Bay, Fla., is helping member company Ranger Construction expand its payroll and retain dozens of employees facing layoffs.