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FranklinCovey's 7 Habits Coach

Members can also sign up for FranklinCovey’s 7 Habits Coach 10-episode webcast series designed to help navigate real problems in challenging times. The series will be delivered daily for 10 days to help you:

  • • Focus on what you can influence when there is a lot out of your control.
  • • Get the skills to prioritize in the midst of overwhelming outside sources.
  • • Apply timeless principles to preserve relationships with family, friends and colleagues in times of stress.
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A Complete Guide to Construction Accounting Transformation

Construction Executive

Date: Wednesday, June 23, 2021 Register Now
Time: 2 p.m. ET
Length: 60 minutes
Speakers:    John Meibers, Deltek + ComputerEase
Moderator:    Lauren Pinch, Construction Executive; Cybele Tamulonis, MagazineXperts
Speaker/Moderator Email(s) (for set up use only): [email protected][email protected][email protected]

WEBINAR DESCRIPTION

Construction accounting is different from standard accounting and typically requires a unique approach. Many contractors quickly outgrow the standard accounting practices and pivot to focus on the construction-specific requirements and procedures (e.g., WIP, job costing, AIA, certified payroll) necessary to stay compliant and run a profitable business at-scale.

In this webinar, John Meibers, vice president and general manager at Deltek + ComputerEase, will discuss key construction accounting areas that contractors can prioritize when beginning their transformation to ensure long-term, steady business success.

Topics will include:

  • • The most common construction accounting mistakes and how to proactively avoid them
  • • Job costing best practices to accurately predict, record and control the cost of each job
  • • A work-in-progress (WIP) starter guide and how to overcome initial challenges
  • • Improving cash flow through proper (e.g., progress, unit, time & materials) and timely billing
  • • Ensuring payroll tax compliance by understanding key concepts such as prevailing wages, union and certified payroll, as well as managing varying tax rates
  • • Effective document management strategies and how to increase communication between the field and office

SPEAKER INFO
John Meibers has been a leader at Deltek + ComputerEase for more than 20 years and spent 10 years working in various roles for a large mechanical contractor. In today’s rapidly changing, fast-paced world, a large part of his role is ensuring that Deltek + ComputerEase equips customers with the most cutting-edge technology to power job success.

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Construction Executive’s 2021 Q2 Construction Economic Update and Forecast

Construction Executive

Date: Wednesday, July 14, 2021 Register Now
Time: 2 p.m. ET
Length: 90 minutes
Speakers:    Anirban Basu, Associated Builders and Contractors & Sage Policy Group
Moderator:    Michael Ruth, MagazineXperts; Lauren Pinch, Construction Executive; Rachel O’Connell, Construction Executive
Speaker/Moderator Email(s) (for set up use only):    [email protected]; [email protected];;[email protected];
Speaker/Moderator Title(s) (for script): Michael Ruth, IT Manager / Digital Ad Coordinator, MagazineXperts; Lauren Pinch, Editor-in-Chief, Construction Executive; Rachel O’Connell, Assistant Editor, Construction Executive; Anirban Basu, Chief Economist, Associated Builder and Contractors

WEBINAR DESCRIPTION

During this webinar, Basu will discuss the residual impact of the COVID-19 pandemic on the construction industry and the economy in general. Plus, he will highlight important regional and national economic indicators, as well as review the performance of major market sectors.
Sign up for this 60-minute presentation followed by 30 minutes of live Q&A. You may submit questions in advance while registering for this webinar.

SPEAKER INFO
Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm headquartered in Baltimore, Maryland.
In 2014, Maryland Governor Larry Hogan appointed him Chair of the Maryland Economic Development Commission. He is also the Chief Economist to Associated Builders and Contractors and Chief Economic Advisor to the Construction Financial Management Association. He lectures at Johns Hopkins University in Global Strategy and has also taught international economics, urban economics, micro- and macroeconomics at Hopkins. His radio show can be heard weekdays on 88.1FM, WYPR, Baltimore.
Mr. Basu earned his B.S. in foreign service at Georgetown University in 1990. He earned his master’s in public policy from Harvard University’s John F. Kennedy School of Government, and his master’s in economics from the University of Maryland, College Park. His juris doctor was earned at the University of Maryland School of Law, and his doctoral work is in health economics and has taken place at UMBC.

 

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Prevailing Wage Jobs: What Contractors Need to Know for Bidding and Compliance

Date: Thursday, July 22, 2021 Register Now
Time: 3 p.m. EDT
Length: 60 minutes
Speakers:    Nathaniel Peniston, The Contractors Plan
Moderator: Mike Bellaman, ABC National

WEBINAR DESCRIPTION

Competition for prevailing wage jobs is fierce, and some of the greatest challenges for open shop government contractors is ensuring compliance with numerous rules and regulations while also ensuring profitability. Whether competing on projects subject to the Davis-Bacon Act or local prevailing wage ordinances, it’s critical for contractors to be well informed and educated to ensure adherence to the complex and rigorous rules. Learn from industry expert Nat Peniston as he shares best practices for:

  • • Demonstrating compliance
  • • Fringe benefits and annualization
  • • ESSER and COVID-19 funding

If you’re a contractor performing prevailing wage work, you don’t want to miss this webinar.

SPEAKER INFO

Nathaniel Peniston, Vice President, The Contractors Plan
Nat Peniston works with partners such as ABC to identify areas of collaboration and drive customer success. An expert in the administration and compliance challenges of hourly employees with prevailing wage and fringe benefit obligations, Peniston has published a number of articles, including Why ‘Prevailing Wages Exist & How to Take Advantage of Them, and a book, The Contractor’s Guide to the Davis-Bacon Act: Essential Knowledge for Bidding and Compliance on Prevailing Wage Jobs.

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Coronavirus Relief for Construction Business

As the federal government has provided more than $6 trillion in relief funding to address the COVID-19 health and economic crisis, ABC advocated for and supported critical bipartisan policies enacted by the U.S. Congress. However, ABC also expressed concerns regarding the most recent $1.9 trillion legislation passed under budget reconciliation and signed into law without bipartisan support.

ABC now urges Congress and the administration to focus on critical policies that will ensure our nation’s construction industry remains strong and ready to lead the economic comeback.

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DOL Inspector General Releases Report on Davis-Bacon Wage Audit

On March 29, the U.S. Department of Labor’s Office of Inspector General released an audit examining the DOL’s Wage and House Divisions survey process for collecting and determining the prevailing wage rate in four types of construction projects. According to the report, the OIG found that, as of September 2018, 3% of WHD’s 134,738 unique published rates, roughly 4,400, had not been updated in 21 to 40 years. Additionally, of seven sampled surveys that analyzed 124 wage rates, the OIG found 48% of the rates were not determined from data about a single construction worker within the 31 counties that the published rates represented. Finally, the report found union wages prevailed for 48% of the wage determinations, despite the fact that just 12.8% of the U.S. private construction workforce is unionized.

 

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The Heritage Foundation: Labor Department Can Create Jobs by Calculating Davis–Bacon Rates More Accurately

According to a report issued by the Heritage Foundation, the United States Department of Labor   uses unscientific and flawed methods to estimate the Davis-Bacon Act prevailing wage rates. The report found, amongst other findings, that current surveys do not use statistically representative samples have tiny sample sizes and combine data from economically unrelated counties or set local wages using statewide data. Furthermore, nearly half of the surveys are over a decade old and don’t account for economic changes over the last ten year. The report concludes by suggesting the DOL should switch to Bureau of Labor Statistics data to get a more accurate reading of wage data.

 

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Overview of New Hotel Engine and Travelers Haven Programs

Date: Thursday, July 1, 2018 Watch Now
Time: 11:00 AM to 12:00 PM (Eastern)
Length: 30 Minutes
Fee: Free
Speaker: Drew McGeein

WEBINAR DESCRIPTION 
This webinar provides an overview of the new Hotel Engine/Travelers Haven discount programs.  In addition to an overview, a demo of the online platform features for each program is reviewed.
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George Mason University: Prevailing Wage Legislation and the Continuing Significance of Race

A study released in June 2018 by the George Mason University Antonin Scalia Law School found that prevailing wage laws discriminate against minority construction workers who have been traditionally underrepresented in labor unions. By examining the Davis-Bacon Act and the original intent of the law to exclude African-American construction workers from working on federal projects, to looking at the continuing effects of prevailing wage laws and the lack of minority participation in labor unions, the authors conclude  that prevailing wage legislation has been a disaster for minority construction workers.

 

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Minnesota Center for Fiscal Excellence Finds Flawed and Outdated Prevailing Wage Calculation Process

A study released by the Minnesota Center for Fiscal Excellence found that the
prevailing wage determination process utilized by the Minnesota Department of Labor and Industry leads to inaccurate wage rates on construction projects. A disproportionate 75 percent of prevailing wages reflected union rates in the period analyzed in the study, even though just 32 percent of private construction workers in Minnesota belong to a union. The authors also discovered that 72 percent of all prevailing wage rates were set using old rates, imported rates or a combination of both.  

 

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