More than half of multiemployer plans are in construction's unionized sector Pension Agency Paints Grim Picture for Multiemployer Program Tom Ichniowski August 8, 2019 One Comment Unless Congress acts, PBGC says multiemployer program will run out of funds by end of FY 2025.Read More
Highway Infrastructure Senate Committee Unanimously Approves $287B, Five-Year Highway Bill Updated 7/30/19 Committee approves measure on unanimous vote Tom Ichniowski July 30, 2019 One Comment UPDATED 7/30 with committee approval. Measure is silent on how to pay for the increased spending.Read More
The Nation's Infrastructure Budget Deal Has No Specifics on Infrastructure Spending Unlike last two-year pact, new agreement lacks overall infrastructure increase target Tom Ichniowski July 27, 2019 No Comments Industry officials hope to at least preserve big infrastructure gains won in 2018-2019.Read More
Transportation Infrastructure DOT Picks Winners for $856 Million in New INFRA Grants Tom Ichniowski July 25, 2019 No Comments Largest grants, $125 million, go to new Mobile River, Ala., bridge and expanding Baltimore rail tunnel.Read More
Federal Contracts SBA Hikes Size Thresholds for Firms to Qualify as Small Businesses Tom Ichniowski July 24, 2019 No Comments New minimum is up 8% for most construction categories, 10% for engineering services.Read More
Trump Names Attorney Scalia as Labor Secretary Nominee Tom Ichniowski July 24, 2019 No Comments If the Senate confirms President Trump’s pick to lead the Dept. of Labor, attorney Eugene Scalia, he would face key construction-related issues.Read More
Construction Workforce House Passes Bill to Aid Ailing Multiemployer Pension Plans Tom Ichniowski July 24, 2019 No Comments UPDATE 7/26/19: House approves bill to create a federal loan program to help plans in distressed condition.Read More
Highway Infrastructure Senate Panel Aims for Highway Bill Vote by August Break Tom Ichniowski July 23, 2019 No Comments UPDATE 7/23/19: Environment and Public Works Chairman Barrasso plans Aug. 1 committee vote on five-year bill.Read More
Water Infrastructure WIFIA Requests Dip, But Dollars Sought Outrun Funds Available Tom Ichniowski July 22, 2019 No Comments EPA gets 51 requests seeking $6.6 billion in loans, exceeding the $6 billion agency can lend.Read More
Federal Construction Trump Seeks Further Buy-American Boost for Steel Tom Ichniowski July 16, 2019 No Comments Executive order calls for lower minimum content percentage for determining whether a product is foreign.Read More