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What the Surge In Construction Material Prices Means

May 10, 2021

Because coronavirus vaccine distribution is accelerating, the expectation is that worldwide demand for steel, aluminum, oil and other productive inputs will surge later in 2021. The result could be substantial upward pressure on construction input prices. 

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From the monthly archives: March 2021

We are pleased to present below all posts archived in 'March 2021'. If you still can't find what you are looking for, try using the search box.

Democrats Pass $1.9 Trillion Spending Package for Biden to Sign Into Law

On March 10, House Democrats approved the $1.9 trillion spending package under budget reconciliation in a 220-211 vote, handing President Biden his first major legislative win in the new administration.

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ABC, Coalition Tell President Biden Government-mandated PLAs Reduce Competition, Raise Costs on Construction

On March 5, ABC and a coalition of 14 industry and employer groups sent a letter to President Biden raising concerns about the expansion of policies encouraging or mandating project labor agreements on federal and federally assisted construction projects.

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ABC Welcomes New Beam Club Presidential Level Member Roy Burkett

ABC has added Central Florida Chapter member Roy Burkett of S. I. Goldman Company Inc. to the Beam Club Presidential Level.

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Survey Says: ABC Members Strongly Support Repeal or Reforms to Costly Davis-Bacon Act and Prevailing Wage Laws

According to findings of an ABC membership survey published on March 3, 2021, ABC members overwhelmingly support repeal or reform of the federal Davis-Bacon Act and related state and local prevailing wage laws that increase costs and reduce competition from qualified contractors on taxpayer-funded construction projects.

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State-by-State Construction Union and Nonunion Data Now Available

The Unionstats.com website was recently updated with the latest state-specific union membership data based on the January release of the U.S. Bureau of Statistics’ 2020 nationwide data on unionization rates.

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OFCCP Issues Updated 2020 Supply and Service Scheduling List for Federal Contractors

The Office of Federal Contract Compliance Programs has issued an amended Corporate Scheduling Announcement List for fiscal year 2020, which will help explain the requirements federal contractors need to follow to stay compliant as they work on federal and federally assisted projects.

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ABC Makes Recommendations to OSHA as it Considers Whether to Issue a COVID-19 Emergency Temporary Standard

On March 2, ABC, as a member of the Construction Industry Safety Coalition’s steering committee, sent a letter to the U.S. Department of Labor’s Occupational Safety and Health Administration Principal Deputy Assistant Secretary James “Jim” Frederick that outlined recommendations that OSHA should consider as it deliberates the need for an emergency temporary standard on COVID-19.  President Biden’s recent Executive Order 13999 on Protecting Worker Health and Safety directed OSHA to consider whether an ETS is warranted to address COVID-19 in the workplace.

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DOL Delays Effective Date of ABC-supported Independent Contractor Final Rule

On March 2, the U.S. Department of Labor’s Wage and Hour Division announced a final rule that delays the Trump administration’s DOL independent contractor final rule’s effective date from March 8 to May 7, 2021. On Feb. 24, ABC submitted comments in opposition to the DOL’s proposal to delay the effective date because the final rule provides urgently needed clarification of the independent contractor standard applicable under the Fair Labor Standards Act.

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ABC, Business Groups Call for Modernized Permitting Process Under NEPA

On March 2, ABC joined dozens of members of the Unlock American Investment Coalition in calling on Congress to improve and modernize the federal permitting process under the National Environmental Policy Act.

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DOL Expands Eligibility of State Unemployment Insurance Programs

On Feb. 25, the U.S. Department of Labor’s Employment and Training Administration issued updated guidance for the Pandemic Unemployment Assistance program, expanding eligibility for workers who may be able to participate.

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