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January 3, 2013News for contractors and the construction industry

  Top Story 
  • 3 WTC Tower moves a bit closer to construction
    Tower 3 at the World Trade Center in New York City is a bit closer to construction now that "advanced" talks with a possible tenant are going on, according to Mayor Michael Bloomberg. Developer Larry Silverstein hopes to build the 80-story tower by 2015. However, plans for Tower 2 are still "way down the road," the mayor said. New York Post (1/2) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Project Focus 
  • Crumbling D.C. bridge highlights aging U.S. infrastructure
    The country needs to spend about $926 billion to upgrade its transportation infrastructure, and a 60-year-old bridge over the Anacostia River in Washington, D.C., serves to highlight the need for infrastructure repairs. The country needs a reliable infrastructure, said Sen. John Kerry, D-Mass. "It’s the lifeblood of our economy, the key to connecting our markets, moving products and people, generating and sustaining millions of jobs for American workers, to not wasting hundreds of thousands of hours and millions of gallons of gas on clogged highways," he added. The Washington Post (12/31), Forbes (12/31) LinkedInFacebookTwitterEmail this Story
  • Buffett firm to spend $2B-$2.5B for 2 Calif. solar projects
    MidAmerican Energy Holdings Co., a company owned by Warren Buffett, is paying between $2 billion and $2.5 billion for two planned solar projects in California. SunPower Corp., the seller, will build, operate and maintain the facility, which is expected to generate about 650 construction jobs. Bloomberg (1/2) LinkedInFacebookTwitterEmail this Story
  Economic Update 
  Innovation & Green Building 
  • Strategic planning can help contractors deal with challenges
    A strategic planning system could help construction firms address various industry risks and business dilemmas, said Marc McKerley, a partner at Crowe Horwath. In this interview, McKerley offers management tips and advice about how to create a plan to help achieve "successful implementation of strategic goals." Smart Business online (1/1) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • House vote on some Sandy aid set for Friday
    Speaker John Boehner, R-Ohio, scheduled for Friday a vote in the House of Representatives on some of the money to help pay for the rebuilding of areas devastated by superstorm Sandy. The vote will be on $9 billion for the national flood insurance program, said Rep. Peter King, R-N.Y., after a meeting with Boehner. Then on Jan. 15, the remaining $51 billion in the package will be taken up by the House, King said. The Wall Street Journal/The Associated Press (1/3) LinkedInFacebookTwitterEmail this Story
  Association News 
  • Oil Spill Prevention, Clean-up and Reporting: What Federal EPA Requires
    Regardless of the type of work you do, any jobsite or facility that stores "oil" of any type in drums or tanks must adhere to EPA's SPCC (Spill Prevention Control & Countermeasure) program requirements -- or risk being fined. Register for AGC's 90-minute webinar on Jan. 8, from 2-3:30 p.m. ET. EPA's SPCC Technical Team Leader will review requirements and how to implement compliant procedures and plans to reduce the occurrence of spills and discuss the most common errors and violations. Failure to comply with EPA's SPCC (Spill Prevention Control & Countermeasure) requirements can cost you $37,500 per day per violation! Register online. LinkedInFacebookTwitterEmail this Story
  • 2013 AGC’s 94th Annual Convention and Constructor Expo
    March 6-9 || Palm Springs, Calif.
    Growing your business can be a difficult endeavor ... even in a strong economy. In today’s construction marketplace, with fewer projects to bid on, increased competition from out of market firms, lower margins and higher materials prices, the average contractor faces nightmarish conditions in which to try to keep their businesses afloat, much less thriving. Very often, the line between success and failure comes down to simply who you know. Learn more. LinkedInFacebookTwitterEmail this Story
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