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November 7, 2012News for contractors and the construction industry

  Top Story 
  • "Fiscal cliff" looms as top issue for administration: Now that the election is over, attention is turning toward the "fiscal cliff," the $600 billion budget crisis that has been building for years, and what resolution can be agreed upon. Congress could work to find a compromise by the beginning of 2013, but many expect lawmakers to kick the can a little farther down the road. Reuters (11/7) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Project Focus 
  • Hospital projects keep Kansas City construction industry afloat
    The hospital sector in the Kansas City area of Missouri and Kansas has spent $1.25 billion since 2009 to expand, renovate and build new facilities. Health care-related construction projects have been "a reliable source" of jobs, according to Don Greenwell, president of the Builders’ Association in Kansas City. "It was kind of our safety net. It kept the volume from completely draining out." The Kansas City Star (Mo.) (11/5) LinkedInFacebookTwitterEmail this Story
  • Proposed NFL stadium in Atlanta would cost $1B
    A new stadium in Atlanta to replace the Georgia Dome is being promoted by National Football League Commissioner Roger Goodell. The estimated $1 billion project would help Atlanta keep up with other high-tech, modern stadiums and could raise attendance, Goodell said. "You are competing against facilities where people have invested a billion dollars and built outstanding stadiums," he said. American City Business Journals/Atlanta/Morning Call blog (11/5) LinkedInFacebookTwitterEmail this Story
  • Construction begins on $336.5M rail project in Calif.
    Construction has started on a $336.5 million rail-trench project in San Gabriel, Calif., according to the Alameda Corridor-East Construction Authority. "In addition to reducing congestion and improving air quality, this vital project is an important link in our regional strategy of moving cargo containers by train rather than in diesel trucks on our freeways," said Michael Antonovich, Los Angeles County supervisor, ACE board member and Los Angeles County Metropolitan Transportation Authority chairman. RT&S online (11/5), (11/5) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Economic Update 
  • Storm damage may dampen economy's growth by 0.3%
    Some economic experts believe the damage caused by Hurricane Sandy could cut the country's growth rate by 0.3%. A "modest and gradual" increase in construction hiring is expected as rebuilding begins, said Ken Simonson, chief economist of the Associated General Contractors of America. Voice of America (11/6) LinkedInFacebookTwitterEmail this Story
  Innovation & Green Building 
  • $100M Maine wind farm would bring hundreds of jobs, firm says
    First Wind's proposed Bowers Mountain wind project in Maine has "the potential to put nearly 100 Maine companies and hundreds of Mainers to work during the construction phase, with several permanent positions for the life of the project," said Matt Kearns, the company's vice president of business development in the northeastern U.S. First Wind recently submitted a scaled-down version of the project proposal after its initial plan was voted down by state regulators this past spring. Mass High Tech (Boston) (11/2) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  Association News 
  • AGC member-only post-election conference call
    AGC Chief Executive Officer Stephen Sandherr will be hosting a live post-election conference call for AGC members. Sandherr and several members of AGC's Government Affairs staff will discuss the results of the congressional and presidential elections and how they will impact the construction industry specifically. Read more. LinkedInFacebookTwitterEmail this Story
  • Federal Government Contractor: Ethics & Compliance Programs -- Second Edition
    A meaningful Ethics and Compliance Program can help prevent potential issues of non-compliance. Combining checklists, forms, tables and business ethics training materials, this publication will help contractors appreciate the grounds for an alleged violation of the expected standards of business conduct and ethics and to develop, implement and document an effective Ethics and Compliance Program. Order it here, or visit the AGC Store. LinkedInFacebookTwitterEmail this Story
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