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Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

In a 220-211 vote, the House of Representatives passed the $1.9 trillion COVID-19 relief bill, officially known as the American Rescue Plan Act of 2021, and presented the legislation to President Joe Biden on Wednesday. The package contains plenty of provisions that will benefit the country in general, such as $1,400 stimulus checks to qualifying individuals, but there are also some that should help out the construction economy. For instance, the Senate's version of the bill added in $10 billion for a "Coronavirus Capital Projects Fund," that will pay for state, tribal government and territo...

It all comes down to Georgia. With the outcome of yesterday's two runoff races in the Peach State determining the balance of power in the Senate, construction industry advocates say whatever the final count determines, it will have broad implications for contractors. “Our livelihoods are riding on Georgia,” said Kristen Swearingen, vice president of legislative and political affairs at Associated Builders and Contractors. “No pressure down there, right?” One of those races, between Republican Sen. Kelly Loeffler and Democrat Raphael Warnock, was called by several media outlets includ...

UPDATE: Dec. 22, 2020: The U.S. Congress passed a $900 billion pandemic relief bill last night that includes $600 stimulus payments to qualifying individuals and a new round of Paycheck Protection Program funding for small businesses impacted by COVID-19. Although it took months to reach an agreement on a second relief bill, funds in the bill for transportation and small business loans could aid construction, Stephen Sandherr, CEO of the Associated General Contractors of America, said in a statement. “The new coronavirus recovery measure … should provide some needed relief for a construct...