Inflation forces Maine DOT to cut back on projects
Transportation officials have rejected 7 bids for $28 million in road and bridge work so far this year because construction prices are outpacing state estimates.
Source: centralmaine.com
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4 Steps to Forecasting Equipment Fleet Additions During an Unstable Market
Contractors want to understand opportunities to improve equipment efficiency through software and hardware additions to increase their fleet’s productivity.
Source: forconstructionpros.com
DOL Overhauls Wage Setting Rules For Federally Funded Construction Projects - Employee Benefits & Compensation
The United States Department of Labor overhauled its Davis-Bacon prevailing wage rate rules on Aug. 8. The new regulations could bring major changes to how contractors and subcontractors...
Source: mondaq.com
Construction Litigation Roundup: "Blood, Sweat, and Fears"
The Davis-Bacon Act covers just about every federally-funded construction project in America. According to the DOL, the Davis-Bacon Act applies “to…
Source: lexology.com
Construction industry adds 23,000 jobs in June
Over half of the increase came from nonresidential construction firms, which added a total of 12,200 positions with growth in two out of three categories.
Source: equipmentworld.com