Opportunities Abound Now That Infrastructure Bill Becomes Law
On November 5, the House of Representatives voted and passed the long awaited bipartisan $1.2 trillion public works bill and 10 days later, on November 15, President Biden signed it into law. Massive infusions of spending on roads, bridges, public transit systems,...
Compliance Concerns: The Price for Entry to Bid on Infrastructure Act Projects
On August 10, 2021 the United States Senate voted to approve a $1 trillion infrastructure bill to rebuild the nation’s roads, bridges, public transit systems, airports, power and water systems, and other projects. Assuming passage by the House is forthcoming, the bill...
Maximizing Savings in a Prevailing Wage Trust Plan
By paying prevailing wage fringe benefit dollars into a bona fide benefit plan, those dollars are not subjected to labor burden costs, such as FICA, unemployment taxes, workers compensation and general liability premiums.
Top 10 Things Construction Companies Can Do to Be More Competitive
Construction executives are fabulous at what they do best—construction. However, they know their limitations and need a great team around them. Here are the top 10 things your company can do to retain the top-notch team you already have, be more competitive, and ultimately win more bids:
How Supplemental Unemployment Drives Employee Retention
Offering supplemental unemployment benefits (SUB) to your team is one of the best ways to drive employee retention. Providing a steady stream of income to your workers while they’re laid off, on top of the state unemployment benefits they might qualify for, gives them money when they need it most. This fosters a sense of company loyalty and keeps employees committed to you when work temporarily dries up.