The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.
An AGC survey held in July and August found 81% of contractors are using higher pay and other incentives to attract skilled workers to fill open positions that 88% of them reported they were having a hard time filling.
Federal grants and loans under new infrastructure funding laws will favor applicants with strategies to retain and attract skilled workers for “high-quality jobs," a move observers say is timed with escalating auto industry labor battles.