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Tag: Associated General Contractors
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
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
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
Roadbuilding
Dave Kearby to lead TRIP as executive director
Dave Kearby is the new executive director of national transportation research nonprofit TRIP. He replaces Will Wilkins, who retired this year after 36 years of service at TRIP – 33 of which were as executive director. Kearby served as Central District manager for the Associated General Contractors of Washington for more than a decade and […]
February 17, 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
Business
AGC urges Trump administration to back off threat of cutting Calif. highway funding
The Associated General Contractors has weighed in on the dispute between California and the Trump administration, calling on the U.S. Environmental Protection Agency to delay any cuts to highway funding to the state. AGC officials say cutting funding would put at risk “the livelihood of thousands of construction workers and the success of hundreds of […]
September 27, 2019
Business
AGC: 80% of contractors report hiring difficulties, though confidence in industry is high
As construction firms continue to report difficulty in finding workers, Associated General Contractors is calling on federal officials to help the industry, including investing more in career and technical education. AGC seeks a doubling in federal funding for such programs over the next five years. It also wants Congress and President Trump to reach an […]
August 29, 2019
Business
Would a temporary visa program for foreign construction workers lead to lower wages?
The Associated General Contractors of America Wednesday came out in favor of a bill that would establish a temporary visa program for construction workers and other industries. Stephen Sandherr, AGC’s chief executive officer, urged Congress to act quickly on the Workforce for an Expanding Economy Act, introduced Wednesday by Pennsylvania Congressman Lloyd Smucker. “The shortage […]
March 14, 2019
Recruiting & retention
S.D. tech school hosts high schoolers at Construction Awareness Day Camp
Western Dakota Tech held its annual Construction Awareness Day Camp for over 100 high school students. Get more details on the event here on Equipment World.
October 24, 2018
Business
U.S construction spending reaches all-time high on strength of residential projects, public spending
Despite the record rate in spending, Simonson warns of the potential for rising material costs, due in part to the Trump administration's new tariffs.
July 3, 2018
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