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Please note that you may also access this page at  www.agc.org/topicalresources.  Also, if you do not log in, you will not be able to see all of the available resources. 

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Please note that you may also access the e-forum archives by click on the first link at the bottom of this and every HR Practices E-Forum post. It says “To browse the threaded discussion board, click here.”

 

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  • May 26, 2017 9:43 AM | Anonymous member (Administrator)

    The 2017 AGC Convention Education Pack, featuring more than 20 education breakout sessions, each 60-minute education session includes a split screen feed of speaker/panelists synced with a feed of their live presentation, plus contact information for the presenters should you have questions or need additional information.

    Covering a range of topics critical to contractor success such as construction risk management, talent development and recruitment, executive and financial management, project delivery and technology.

    All recordings are accessible through AGC’s Learning Management System and can be viewed anytime from your web browser.

  • May 19, 2017 9:41 AM | Anonymous member (Administrator)

    Construction Spending Hits Record Levels for Second Month in a Row, Is Up by 4.9 Percent for the First Three Months of the Year
     

    Construction spending is at record levels for the second straight month in March and is up 4.9 percent for the first three months of year compared to the same period in 2016, despite dipping slightly compared to February, according to an analysis by the Associated General Contractors of America.  Association officials said many firms are eager to see details of the President's pending infrastructure plan, which should boost construction demand. "Construction spending totals during the past two months are at the highest levels we have ever seen," said Stephen E. Sandherr, the association's chief executive officer. "If the winter weather hadn't been so mild in much of the country, we would have seen less growth in February and a higher rate of growth in March, but overall demand remains quite robust."

    Read full news release here

  • May 18, 2017 10:02 AM | Anonymous member (Administrator)

    On August 3 – 4, AGC will host the 2017 IT Forum Conference at the Sheraton Denver Downtown Hotel in Denver, Colorado. The 9th annual technology conference is the construction industry's one-stop shop for great discussions and presentations on important and innovative technology topics, such as emerging construction technology trends, affordable solutions, IT budgeting for maximum ROI, and cyber security protections like cyber insurance and ransomware response. This year's conference will be led by keynote speaker, Nathan Wood, the Founder and Chief Enabling Officer of Spectrum AEC.

    To register and learn more visit the conference website. For more updates you can also follow us on Twitter at @AGCIT.

  • May 12, 2017 9:46 AM | Anonymous member (Administrator)

    Who Pays For Delay? How Enforceable Is A No Damage For Delay Clause?
    By Eugene Polyak, Smith Currie & Hancock, LLP

    Delays are an all too common occurrence on construction projects. And they almost always cost money. So who pays for the increased costs caused by delays? This is one of the most durable issues in all of construction contract law. The answer is --it depends. It depends first on whether the risk of delay is addressed in the parties' contract. Owners and contractors frequently use No Damage for Delay clauses to push down the risk of delay costs. It may also depend on the law of the state where the project is performed. No Damage for Delay clauses are not uniformly enforced in different jurisdictions. 

    Read more.

  • May 04, 2017 9:45 AM | Anonymous member (Administrator)

    President Trump recently released his long-awaited proposal to cut taxes. Both Trump's proposal and the previously-released House blueprint for tax reform have commonalities with AGC's goals for tax reform.  There is still a long way to go before tax reform is reality, but AGC believes Republicans in Congress and the President are at a good starting point.

    The chart below shows where the president's plan and the House proposal align with AGC's goals (and where they do not).

    AGC Tax Reform Goals

    Trump Plan Elements

    House Tax Plan Outline

    Lower Rates Individuals

    10-25-35%

    12-25-33%

    ?

    Lower Rates Corporations

    15%

    20% C Corps, 25% S Corps

    ?

    Simplification

    Fewer brackets, fewer deductions, repeal of AMT

    Fewer brackets, fewer deductions, repeal of AMT

    ?

    Permanency

    No

    Likely not

    X

    Fund and Finance Infrastructure

    No direct mention

    No mention and GOP leadership currently opposed

    X

    Eliminate AMT

    Eliminated

    Eliminated

    ?

    Eliminate Death Tax

    Eliminated

    Eliminated

    ?

    Reform for C Corps and S Corps simultaneously

    Yes

    Yes

    ?

     

    There is still much work to be done on ensuring Congress connects tax reform with infrastructure investment. Additionally, there is still a lot of fine tuning that must be worked out including, determining whether repeal of the Death Tax will include a step-up in basis or how the president's plan will differentiate between business income and wages. The president's plan also did not specify his position on tax exempt municipal debt.  

  • April 28, 2017 9:35 AM | Anonymous member (Administrator)

    CONSTRUCTION EMPLOYMENT INCREASES BY 5,000 IN APRIL TO HIGHEST LEVEL IN NINE YEARS; BUT LABOR SHORTAGES LIKELY LIMITED NUMBER OF NEW JOBS BEING ADDED

    Association Officials Note that Many Firms Report They Are Struggling to Find Qualified Workers to Hire, Urge Greater Investment in Career and Technical Education and Other Construction Prep Programs

    Construction employment increased by 5,000 jobs in April to the highest level in more than nine years amid strong demand for new construction services, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that a shortage of available qualified workers likely limited the number of new jobs added last month.

    “Construction firms continued adding new jobs at a faster rate than the broader economy during the past year as demand for their services remains strong,” said Stephen E. Sandherr, the association's chief executive officer. “But many firms would likely have added even more new workers if only they could find enough qualified people to bring on board.”

    Construction employment totaled 6,877,000 in April, an increase of 5,000 from the March total and an increase of 173,000 or 2.6 percent from a year ago. The year-over-year growth rate was almost double the 1.6 percent rise in total nonfarm payroll employment, Sandherr noted. The sector’s unemployment rate is now 6.3 percent, up slightly from 6 percent a year ago.

    Residential construction—comprising residential building and specialty trade contractors—added 900 jobs in April and is up by 109,300, or 4.2 percent, compared to a year ago. Nonresidential construction (building, specialty trades, and heavy and civil engineering construction) employment increased by 3,200 employees in April and 63,500 employees, or 1.5 percent, over 12 months. However, employment among nonresidential specialty trade contractors declined by 5,100 during the past month.

    Association officials noted that average construction hourly earnings are up 2.1 percent compared to a year ago, and construction workers now make $28.55 per hour on average.  Construction pays 9 percent more, per hour, than the average non-farm job in the United States, which pays $26.19 on average per hour. The number of unemployed construction workers grew, however, from 530,000 in April 2016 to 585,000 last month, as more former construction workers attempted to return to the sector.

    Construction officials said construction labor shortages were becoming more severe in many parts of the country after years of under-investment in career and technical education programs, which used to be called vocational education. They urged Congress and the Trump administration to enact a measure to increase funding, and flexibility, for the Perkins Act, which provides federal funds for career and technical education. And they urged state and local leaders to make it easier for construction firms and local associations to set up regional recruiting and training programs.

    “It is time for our elected officials to start signaling to students that high-paying construction jobs should be on the menu of possible career choices,” said Sandherr. “The best way to send that signal is to provide the funding and flexibility to set up programs that expose more students to the opportunities that exist in construction careers.”

  • March 16, 2017 2:54 PM | Anonymous member (Administrator)

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    The AGC Safety Management Training Course (SMTC) provides attendees three days of training on the basic skills needed to manage a company safety program in the construction industry.

    Held just a few times per year at select locations around the country, the SMTC program builds on Focus Four training and prepares attendees to manage key safety issues on the job site and provides techniques for delivering basic safety training to field personnel.

    Participants will receive intensive instruction and training that will allow them to return to their firms with readily applicable new skills to positively impact their company’s safety and health program.

    Topics covered include:                                                                          REGISTER NOW

    • OSHA Inspections
    • Subcontractors & Multi–Employer Relations
    • Job Safety Analysis
    • Equipment Management
    • Steel Erection and Concrete Construction
    • Electrical Safety Management
    • Accident Investigation
    • Excavation Management
    • Concrete Safety
    • Fall Protection Management
    • Bi–Lingual Issues
    • OSHA Crane & Derrick Standard

    Registration Fee*:
    $995.00
    *includes training material, breakfast and lunch 

    Training Location:
    The Navy League Building
    2300 Wilson Blvd.
    Arlington, VA 22201

    Questions? Contact:
    Nazia Shah
    Phone: (703) 837-5409
    Email: nazia.shah@agc.org

    Hotel Locations:
    Residence Inn Marriott
    1401 North Adams Street
    Arlington, VA 22201
    Phone: (703) 312-2100 

    Hilton Garden Inn
    1333 North Courthouse Road
    Arlington, VA 22201
    Phone: (703) 528-4444

    Arlington Court Suites Hotel
    1200 North Courthouse Rd
    Arlington, VA 22201
    Phone: (703) 524-4000

     


     


    shadow

    Associated General Contractors of America
    2300 Wilson Blvd. Suite 300 Arlington, VA 22201
    703-548-3118 • communications@agc.org
    www.AGC.org

     

  • March 03, 2017 9:57 AM | Anonymous member (Administrator)

    Construction spending, starts stumble in January; Beige Book finds 'modest' growth

                Construction spending totaled $1.180 trillion at a seasonally adjusted annual rate in January, a decrease of 1.0% from the December rate but a 3.1% year-over-year (y/y) gain from the January 2016 rate, the Census Bureau reported on Wednesday. Private residential spending in January increased 0.5% for the month and 5.9% y/y. New multifamily construction increased 9.0% y/y; new single-family construction rose 2.3% y/y; and residential improvements rose 11% y/y. Private nonresidential spending was unchanged from December but climbed 8.9% y/y. By subsegment, in descending order of January size, power (electric power plus oil and gas pipelines and field structures) increased 5.8% y/y; manufacturing skidded 6.9% y/y; commercial (retail, warehouse and farm) added 12% y/y; office jumped 34% y/y; and health care rose 8.1% y/. Public construction tumbled 5.0% for the month and 9.0% y/y. Of the three largest public components, highway and street construction plummeted 10% y/y; educational construction climbed 1.8% y/y; and transportation (transit, passenger rail, ports and airports) plunged 12% y/y.

                The value of nonresidential construction starts decreased 11% y/y, not seasonally adjusted, from January 2016 to January 2017, data provider ConstructConnect reported on Tuesday. Nonresidential building starts (66% of the total) slumped 9.4% y/y. Commercial building starts plunged 19% y/y; institutional building starts gained 3.5% y/y; and the small industrial building starts segment fell 9.2% y/y. Heavy engineering (civil) starts (34% of the total) declined 15% y/y.

                Data-center construction is not broken out by Census or ConstructConnect but appears to be doing well, although possibly at risk of overbuilding. "Hyper-scale cloud providers' hunger for server capacity in top US data center markets over the last few years has created a shortage of supply, but, according to a new market report by the real estate brokerage CBRE, that tightness may ease up this year, as developers complete construction projects started in 2016," the e-newsletter Data Center Knowledge reported on Saturday. "Unclaimed data center space that's commissioned and ready for servers to be moved in is extremely tight in major US markets at the moment. According to CBRE, the vacancy rate is 4.6%. However, a whole lot of new speculative development is underway and due for delivery this year. In other words, developers are building a lot of data center space without leases signed ahead of time. By CBRE's estimate, 271MW [megawatts] of capacity is currently under construction in major markets. More than 160MW of it is being built speculatively. Most of the construction is happening in Northern Virginia (121 MW). A lot of construction is also taking place in Dallas-Fort Worth and Silicon Valley, among other markets."

                "Reports from all 12 Federal Reserve districts indicated that the economy expanded at a modest to moderate pace from early January through mid-February," the Fed reported on Wednesday in the latest "Beige Book" (named for the color of its cover), a summary of informal soundings of businesses in each district. "Home construction and sales continued to expand modestly in most districts, while residential rental markets were mixed....Commercial real estate construction grew modestly...A number of districts noted that shortages of skilled workers—particularly engineers and IT workers—were driving up their wages, and there were also some reports of labor shortages in the leisure and hospitality, construction and manufacturing industries....prices for construction materials climbed in a number of districts."

                The Congressional Budget Office on Wednesday posted a blog post discussing spending on infrastructure and investment that amplified testimony that CBO's director gave at the beginning of February. "Almost all spending on transportation, drinking water, and wastewater infrastructure is done by the public sector. Federal, state, and local governments spent $416 billion on it in 2014. That amount equaled about 2.4% of gross domestic product, a percentage that has been fairly stable for roughly 30 years. The largest amount of public infrastructure spending in 2014 went to highways ($165 billion), followed by water utilities and mass transit and rail. About a quarter of the $416 billion (roughly $100 billion) came from the federal government, and three-quarters (a little over $300 billion) came from state and local governments. Of the federal spending, roughly two-thirds paid for new, improved, or rehabilitated structures and equipment. State and local governments spent money on those things as well, but a much larger proportion of their spending paid for the operation and maintenance of infrastructure. Furthermore, state and local governments pay for most of the facilities that schools require." The article also discusses and includes links regarding three questions: How could the federal government encourage more efficient use and financing of infrastructure? How is funding for highway infrastructure provided, and what are some alternatives? If policymakers wanted to encourage private investment in infrastructure, how could they do that? 

                McKinsey Global Institute (MGI), the research arm of consultancy McKinsey & Company, posted an article and issued a report on Tuesday on Reinventing Construction: A Route to Higher Productivity. "The report examines the root causes of poor productivity growth in construction and outlines seven practical levers for change. It finds that acting in these seven areas could boost productivity by 50 to 60% globally....If construction-sector productivity were to catch up with that of the total economy—and it can—this would boost the sector's value added by an estimated $1.6 trillion, adding about 2% to the global economy, or the equivalent of meeting about half of the world's infrastructure need....One-third of the opportunity is in the United States." MGI senior fellow Jan Mischke discussed the report with Michigan State University professor Dale Belman and AGC chief economist Ken Simonson in a recorded webinar that day, hosted by the National Association for Business Economics.

    The Data DIGest is a weekly summary of economic news; items most relevant to construction are in italics. All rights reserved.

  • February 02, 2017 9:46 AM | Anonymous member (Administrator)

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    $8-10 Billion Border Wall Construction Project
    (according to President Trump)

    That may be as much as Congress would be willing to spend.

    Congress will consider spending billions of dollars for a Mexican border wall this April, when the FY 2017 federal government funding bill expires. In May, leaders from the federal agency that builds border fencing and walls—the U.S. Army Corps of Engineers— for the U.S. Customs and Border Patrol (CBP) will attend the Federal Contractors Conference. Will you be there to hear what they have to say about building the wall?

    In addition, the General Services Administration is responsible for building much of the CBP facilities, including land ports of entries along the nation’s northern and southern borders. GSA will be at the Federal Contractors ConferenceWill you be there to get a jump on your competition?

    Associated General Contractors of America
    2300 Wilson Blvd. Suite 300 Arlington, VA 22201
    703-548-3118
     communications@agc.org
    www.AGC.org

     


  • October 10, 2016 4:03 PM | Anonymous member (Administrator)

    FREE ConsensusDocs Guidebook for Standard Integrated Project Delivery (IPD) Agreements

    In an ongoing effort to improve the design and construction industry, ConsensusDocs provides free commentary to the ConsensusDocs 300 Standard Integrated Project Delivery (IPD) Agreement. The Guidebook includes a number of significant tools and extensive commentary for implementing the IPD contracting method. Templates for creating a Risk Pool Plan provide the commercial terms for determining risks and rewards and associated legal provisions. The Guidebook also provides a sample Responsibly Allocation Matrix, which helps define project participants' roles from criteria design until project closeout addressing nearly 100 project-specific elements. For more information and to order a subscription today, visit www.ConsensusDocs.orgAGC Members receive a 20% discount with code AGC100.

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