In its latest Settlements Report, the 乌鸦传媒-supported Construction Labor Research Council (CLRC) advises that construction-industry collective bargaining agreements settled from January through September of 2023 provide an average 4.6 percent increase in the first contract year. The CLRC notes that the multi-year settlements are now seeing the full effects of the surge in inflation. Because most unions will have negotiated new rates by the end of 2025, the CLRC projects that the steep growth in increases will slow. Measured by dollar value, the first-year increases during the first part of 2023 was $2.97, a substantial $1.32 jump from 2020. The CLRC projects first-year increases to average $3.40 in 2025. Regionally every region except New England has seen increases and nearly every craft has seen increases, some with notable increases.
State construction laws and case law interpreting those laws dramatically impact your contract and, thereby, your risk profile on a project. Before you sign or bid on your next construction contract, it is wise to have a system to navigate these laws. ConsensusDocs is presenting a webinar on November 9th (Register here), providing a systematic approach to navigating critical construction laws and the latest trends. Specific laws covered will include hot-button state construction laws, such as pay-if-paid, indemnification, prompt pay, and notice requirements.
As previously reported, 乌鸦传媒 is concerned that changes proposed by the White House Council on Environmental Quality (CEQ) could complicate and prolong the approval of infrastructure projects, jeopardizing the potential benefits of recent legislative acts. On September 29, 乌鸦传媒 joined 25 other industry groups in opposing CEQ鈥檚 proposed changes to the rules that implement the National Environmental Policy Act (NEPA).
Is short too short? This article tries to answer that question for construction contracts by delving into the major differences between short-form agreements and regular standard ConsensusDocs contracts.
The 乌鸦传媒 Education and Research Foundation is once again offering undergraduate and graduate level scholarships to students pursuing excellence in construction management and related engineering programs. With a history of awarding over $11 million in scholarships to more than 4,000 students nationwide, we are dedicated to fostering the next generation of leaders in the construction industry.
Working with the Virginia Transportation Construction Alliance, and with cooperation from Virginia鈥檚 Department of Transportation, TRIP released a new Virginia report. The report, 鈥淜eeping Virginia Mobile: Providing a Modern, Sustainable Transportation System in the Old Dominion State,鈥 examines Virginia鈥檚 road and bridge conditions, congestion, traffic safety, economic development, and projects and programs completed or underway to improve the transportation system. In addition to statewide data, the report includes regional breakdowns. The report also looks at the challenges Virginia faces to accommodate future transportation growth, maintain the existing system, and sustain adequate state transportation investment despite the funding impacts of highway construction cost inflation, increasing fuel efficiency standards, and the adoption of electric vehicles
As we embark on a new era of construction, the integration of intelligent solutions is becoming more vital than ever. Join Paul Workman, former Texas legislator, 乌鸦传媒 Texas Building Branch President聽and currently the Public Policy Advisor at ATRIUS Industries, Inc. to discover how cutting-edge technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and data analytics are driving unprecedented advancements in transportation and utility projects.