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Tag: AGC
Business
88% of Contractors Report Projects Canceled or Delayed in 2020 & 2021
According to a recent survey, 88 percent of contractors reported construction project cancellations or delays in 2020 and 2021. Details about the survey here.
January 8, 2021
Roadbuilding
$10B Covid aid headed to states to keep roadwork on track
A recently signed Covid-relief package will help states recoup lost revenue for road projects. See how much funding your state will get here on Equipment World.
January 6, 2021
Business
Contractors group sues federal government over PPP loan forgiveness rule
A group representing U.S. contractors has filed a lawsuit against two federal agencies saying claims for loan forgiveness through the Paycheck Protection Program are being handled illegally. The process, which now requires borrowers to answer a questionnaire, could unfairly disqualify contractors from receiving forgiveness and possibly revoke the loan, according to the lawsuit filed December […]
December 11, 2020
Roadbuilding
Construction groups seek more transportation funding as shutdown looms
Construction groups are calling on a divided Congress to boost funding for roads, bridges and transit to offset state revenue drops due to the pandemic.
December 9, 2020
Business
75% of contractors report canceled, postponed projects in AGC survey
A new survey reports that 75 percent of contractors have seen an upcoming project canceled or postponed. That’s up from 60 percent in August and 32 percent in June, according to the Associated General Contractors. The recent AGC survey also shows that 78 percent of contractors have faced delays or disruptions on current projects. That’s […]
November 3, 2020
Business
Construction firms hold safety stand down for coronavirus
Construction companies around the country stopped work briefly today for a national coronavirus safety stand down organized by the Associated General Contractors of America. During the event, crews broke into small groups with members practicing social distancing. The time was spent going over all new practices and procedures workers must follow to protect themselves […]
April 9, 2020
Business
Contractors can get grant-like forgivable loans under coronavirus relief law
Contractors may apply for forgivable loans to help maintain payrolls and other business expenses under the new coronavirus stimulus package. Details here.
March 31, 2020
Business
AGC survey: 39% of contractors say projects have been halted/cancelled in wake of coronavirus
The Associated General Contractors of America survey notes halted/canceled construction projects either underway or scheduled to start within the next 30 days.
March 30, 2020
Business
As coronavirus shuts down construction in parts of U.S., others accelerate work
It’s a mixed, fast-evolving picture when it comes to construction project shutdowns throughout the U.S. due to the coronavirus threat. And even in areas where all-out construction bans have taken place – Pennsylvania and Boston in particular – exceptions are being made. In Pennsylvania, for example, where the governor decreed projects shut down this past […]
March 24, 2020
Home
Roadbuilding interests praise new federal water rules, environmental proposal
The Trump administration has issued new rules governing waterways and a proposal to change U.S. environmental regulations that roadbuilding industry advocates say will make regulations clearer and speed up road construction projects. In December, the administration announced proposed updates to implementing the National Environmental Policy Act (NEPA). And on January 23, the administration issued its […]
January 31, 2020
Construction Equipment
Contractors confident in 2020 prospects despite economic uncertainty
’Tis the forecast season and the general feeling is muted hope – except if you talk to contractors. First, a look at 2019. When the final tallies come in, the Association of Equipment Manufacturers expects the construction equipment industry to have grown 3.9 percent – not bad, but definitely not the gangbuster 12 percent growth […]
January 13, 2020
Business
Contractors optimistic about 2020, predicting growth in all major project types, AGC says
As contractors approach the new year, optimism abounds for 2020’s construction outlook conducted by the Associated General Contractors of America. Any major worries economists may have about the broader economy or specific segments don’t appear to be affecting the construction industry, according to the newly released AGC survey. In survey responses from about 1,000 member […]
December 27, 2019
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