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Construction

Does Your Company Need a Mentor Program?

Does Your Company Need a Mentor Program?

Mentoring was once reserved for building senior leadership talent pipelines – not anymore. Today, over 70% of Fortune 500 companies make mentoring a fundamental part of their recruitment, retention, and engagement strategies for many employees. The fact is, when done right, mentorships can be a win-win, and their resurgence couldn’t
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How the Inflation Reduction Act Will Transform Construction

How the Inflation Reduction Act Will Transform Construction

What the introduction of the Intranet did for retail, the Inflation Reduction Act (IRA) – combined with the Infrastructure Investment and Jobs Act (IIJA) – will do for construction, fundamentally changing every aspect of the industry as we know it. IIJA laid the groundwork for what some are calling the
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Examining 179D Deductions through the Eyes of the IRS

Examining 179D Deductions through the Eyes of the IRS

If you are looking to take a 179D Deduction as the official designer of a government-owned property or a commercial property owner, take note! Recently, the IRS Large Business and International (LB&I) Division released an updated its training with guidelines for IRS staff to perform examinations for 179D deductions. While
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Has the Supply Chain Changed for Good?

Has the Supply Chain Changed for Good?

We’re over two-and-a-half years out from when COVID basically shut down the world, setting off global supply chain issues that have yet to return to normal. While price and supply are stabilizing for some construction materials, they’re increasing in volatility for others. This may be one time the pendulum will
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Is Your Business Continuity Plan Keeping Pace?

Is Your Business Continuity Plan Keeping Pace?

The world is changing faster than ever. Is your business continuity plan keeping pace? Between the COVID pandemic and ensuing shutdowns, supply chain debacles, labor shortage, gas price hikes, increased cyber threats, the war in Ukraine, catastrophic weather events, and now, uncertainties surrounding the economic environment, the last three years
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Comments on NY’s Aggregate Hauling Prevailing Wage Proposed Rule Being Accepted Now

Comments on NY’s Aggregate Hauling Prevailing Wage Proposed Rule Being Accepted Now

While different industry groups have had mixed reaction to the Inflation Reduction Act’s prevailing wage provisions, on September 14 the New York State Department of Labor issued a proposed rule for prevailing wage for aggregate hauling. Public comments are being accepted until 60 days from the notice’s publication. First, some
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Recession-Proof Your Company, Just In Case

Recession-Proof Your Company, Just In Case

Will there be a recession? Are we already in one? How will construction be impacted? While the debates rage on, it’s prudent to prepare your business, just in case. Starting with some basics, Investopedia says, “A recession is a significant, widespread, and prolonged downturn in economic activity.” While construction is
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Compensation Budgets: Annual Plans Are Not Enough

Compensation Budgets: Annual Plans Are Not Enough

2022 started on a cautiously optimistic note for construction, considering the planned influx of investments from the Infrastructure Investment and Jobs Act, backlog of jobs, and other indices. Then came the war in Ukraine, the gas crisis, and higher inflation, adding to challenges created by supply chain issues and labor.
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Merger Announcement

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