According to the latest Contractor Compensation Quarterly (CCQ) published by PAS, Inc., contractors are projecting 2024 construction staff wages to increase an average of 4.38%, as reported by over 360 companies in the 42st edition of the Construction / Construction Management Staff Salary Survey. Typically, projected increases are .3% to .5% higher by year end, so there is a good chance that pay will hit 4.7% or more this year. For pay increase comparison - according to WorldatWork, across all industries, exempt professionals saw 2023 increases of 4.5% with initial projected 2024 increases of 4.1%.
°ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â Secures Nationwide Injunction Against Overreaching Provisions of Davis-Bacon Rule
The Associated General Contractors of America (°ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â) celebrates a significant legal victory in its ongoing efforts to protect members from overreaching federal regulations. On June 24, 2024, the U.S. District Court for the Northern District of Texas in Lubbock granted °ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â’s motion for a nationwide preliminary injunction, temporarily blocking °ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â-challenged provisions to a rule issued by the U.S. Department of Labor (DOL) expanding coverage of the Davis-Bacon Act.
We are excited to announce the opening of the 2024 Diversity & Inclusion (D&I) Assessment, a resource designed exclusively for construction firms. This tool empowers companies to establish a baseline, measure progress, and celebrate successes in their D&I programs, policies, and practices.
Associated General Contractors of America Argues New Rule Exceeds Statutory Authority Under the Davis-Bacon Act, Court Agrees
The rule adds requirements to an already complicated permitting process and ignores permitting reforms previously passed by Congress.
You may recall, °ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â of America filed a lawsuit against the U.S. Environmental Protection Agency (EPA) challenging the agency’s new final rule that designates two widely used per- and polyfluoroalkyl substances (PFAS) as hazardous substances under the Superfund law, or Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). This rule imposes significant financial and legal burdens on contractors and could lead to costly litigation and stricter waste disposal practices.
°ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â has notched some big wins in the courts in the last year and hopes to carry that momentum with litigation to protect construction companies.
We are excited to announce the opening of the 2024 Diversity & Inclusion (D&I) Assessment, a resource designed exclusively for construction firms. This tool empowers companies to establish a baseline, measure progress, and celebrate successes in their D&I programs, policies, and practices.
The Department of the Treasury and the Internal Revenue Service issued final regulations on the prevailing wage and apprenticeship (PWA) requirements related to increased credit or deduction amounts for certain clean energy incentives, enacted as a part of the Inflation Reduction Act (IRA).
°ÄÃÅÁùºÏ²Ê¿ª½±Ô¤²â is partnering with the Lean Construction Institute and Dodge Construction Network to study the national utilization of Lean in design and construction. The 12-15 minute survey will reveal important benchmarking data to determine the progress of Lean use throughout the industry, and we invite you to participate. As a construction professional, your input is critical to the success of this study, whether you utilize Lean or not. This research will determine the degree to which the design and construction industry is aware of and utilizing the specific Lean practices and provide the comparative data needed to understand trends based on previous years’ studies. Click on this link to take the survey. Please complete the survey by Friday, July 12th.