ConsensusDocs recently posted a free webinar on Construction Price Escalation that helps owners, general contractors, and trade contractors alike navigate the unprecedented price spikes and supply chain disruptions wreaking havoc on the industry. You can access the webinar here, as well as other valuable resources available on the ConsensusDocs Price Escalation Resource Center that includes links to sample language provided in the ConsensusDocs 200.1 Price Escalation Amendment.
Total construction spending edged higher in October, as gains in public and private project types outmatched decreases in single- and multifamily residential outlays, according to a new analysis of federal construction spending data the Associated General Contractors of America released today. Officials noted that public sector investments would likely rise in the near future because of the recently-passed infrastructure bill, but cautioned that labor shortages and supply chain problems were posing significant challenges for the industry.
BY BRIAN PERLBERG, EXECUTIVE DIRECTOR OF CONSENSUSDOCS AND ÎÚÑ»´«Ã½â€™S SENIOR COUNSEL FOR CONSTRUCTION LAW
Only 16 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that prospects for the sector’s recovery will be diminished should the House-passed Build Back Better bill become law.
There are significant flaws with the current 811 utility location system according to a new survey of construction firms that perform any kind of underground excavation released by the Associated General Contractors of America today. Most contractors say that calling 811 often leads to inaccurate line marking and that utility firms are often very slow in coming out to even do locate and mark their underground lines.
ÎÚÑ»´«Ã½ of America is releasing a new series of COVID-19 vaccine PSAs designed to encourage construction professionals to get their shot. The series will feature testimonials from workers who did not get their shot, contracted COVID and nearly died. They are now urging their co-workers to get their shots. Other videos feature construction mentors talking about the value of the vaccine. You can view the current videos here. The videos urge people to visit ÎÚÑ»´«Ã½ of America’s vaccine toolkit to learn more.