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From the monthly archives: February, 2014

We are pleased to present below all posts archived in 'February, 2014'. If you still can't find what you are looking for, try using the search box.

ABC and Business Community Raise New Concerns with DOL’s Persuader Rule

In a letter to Labor Secretary Thomas Perez, ABC Feb. 19 strongly criticized the U.S. Department of Labor’s (DOL) “persuader” reporting rule that would change the long-standing interpretation of “advice” under federal labor law. ABC, along with 53 other employer organizations, reiterated its strong opposition to proposal, while highlighting additional concerns.
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Tax Proposal Would Lower Construction Tax Rate to 25 Percent

U.S. House of Representatives Ways and Means Committee Chairman Dave Camp (R-MI) Feb. 26 released a draft of legislation designed to reform the tax code that proposes lowering the top tax rate for construction businesses from 35 percent and 39.6 percent to 25 percent, regardless of entity-level structure. The proposal confirms that the 25 percent Qualified Domestic Manufacturing Income (QDMI) rate would apply to “construction of real property in the United States as part of the active conduct of a construction trade or business.” Read the rest of entry »

Learning, Networking and Celebrating During ABC’s Merit Week

More than 800 attendees participated in Merit Week Feb. 11-12 in Maui, Hawaii, where they took advantage of learning and networking at ABC’s BizCon and Merit Canada’s International Open Shop Conference, and celebrated the achievements of the winners during the Excellence in Construction Awards. Read the rest of entry »

Early Bird Registration for Workforce Development Conference Ends March 7

Construction industry professionals and ABC chapter staff have until March 7 to take advantage of the early bird registration rates offered for the 2014 Workforce Development Conference April 29-May 2 in Birmingham, Ala. Read the rest of entry »

NAVFAC and USACE Issue PLA Surveys in Hawaii and Colorado

The U.S. Navy’s Naval Facilities Engineering Command (NAVFAC) Pacific Acquisition Department is soliciting responses to a survey issued regarding the potential use of a government-mandated project labor agreement (PLA) on a federal contract for the Marine Corps Base in Kaneohe Bay, Hawaii. In addition, the U.S. Army Corps of Engineers (USACE) Omaha District is seeking comments from the construction community addressing the potential use of a PLA within the Colorado Springs Metropolitan Statistical Area which includes Fort Carson and the U.S. Air Force Academy.  Read the rest of entry »

Missouri School District First to Take Advantage of New Missouri Prevailing Wage Law

A Southwest Missouri school district was the first local government entity in the state to take advantage of the changes made to Missouri’s prevailing wage law in an effort to lower construction costs on potential new construction projects. Read the rest of entry »

Contractor Prevails in Tax Battle with IRS Over CCM

The nation's highest tax court decided last week a contentious construction accounting case in favor of the taxpayer, a California homebuilder, that had been in a decade-long dispute with the IRS over the use of the completed contract method (CCM). While in this case the builder is a residential developer, the precedent may have a broader impact for the tax treatment of long-term construction contracts. 
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ABC and Coalition Submit Comments on EPA Lead Paint Draft Survey

As part of an effort to expand its existing Lead Paint Renovation and Repair Painting rule to include public and commercial buildings, the Environmental Protection Agency (EPA) Dec. 6 proposed to issue a related information collection request (ICR) to general contractors. As part of the Commercial Properties Coalition, ABC submitted comments Feb. 4 offering suggestions related to the scope and clarity of the questions in the ICR and the burden it will place on respondents with respect to time and cost.
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Ironworkers Union Leaders Charged with Racketeering and Arson

Ten members of Ironworkers Local 401, Philadelphia, Pa., were indicted and have been arrested for allegedly participating in a conspiracy to commit criminal acts of extortion, destruction of property, and assault in order to force nonunion construction contractors to hire union ironworkers. In addition, the indictment included the $500,000 in damages at ABC member E. Allen Reeves, Inc.’s Chestnut Hill Friends Meeting House project in 2012 as one of the crimes allegedly committed by the defendants.
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Additional Information Available on the IRS-Issued Employer Mandate Final Rule

A health care alert from Washington Council Ernst & Young on the final rule implementing the employer mandate provisions under the health care law is available for ABC members. The health care alert provides an overview of key provisions included in the final rule and also outstanding issues. 
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