The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for May 2014. According to the data, building permits for privately-owned housing units in May were at a seasonally adjusted annual rate of 991,000, down 6.4…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for April 2014 was estimated at a seasonally adjusted annual rate of $953.5 billion. This rate is an increase of 0.2 percent from the revised March estimate of $951.6 billion. Compared…
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A recent report released by the Office of Legislative Audits (OLA) found that during the 2012 calendar year, the Maryland Lottery and Gaming Control Agency (MLGCA) and the Governor’s Office of Minority Affairs (GOMA) had failed to set minority participation goals for construction and procurement…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for April 2014. According to the data, building permits for privately-owned housing units in April were at a seasonally adjusted annual rate of 1,080,000, up 8.0…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for March 2014 was estimated at a seasonally adjusted annual rate of $942.5 billion. This rate is an increase of 0.2 percent from the revised February estimate of $940.8 billion. Compared…
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For the second straight year, the Maryland General Assembly considered a bill, which, if passed and signed by the Governor, would add a new title to the State Finance and Procurement Article entitled “Procurement – Occupational Safety and Health Prequalification”. In the 2013, the bill…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for March 2014. According to the data, building permits for privately-owned housing units in March were at a seasonally adjusted annual rate of 990,000, down 2.4…
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On Wednesday, April 2, the General Assembly approved the “Procurement – Prevailing Wage – Applicability” bill, which requires all school construction projects that cost over $500,000 and receive funding of 25 percent or more from the State to pay workers the “prevailing wage.” As the…
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According to a recent press release by the U.S. Census Bureau of the Department of Commerce, total construction spending for February 2014 was estimated at a seasonally adjusted annual rate of $945.7 billion. This rate is an increase of 0.1 percent from the revised January…
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At some point you may have been asked to sign a contract that has a signature block similar to the one below: XYZ Subcontractor, LLC: ________________________(Seal) John Doe, President ________________________ Print Name and Title ________________________ Date It’s such a small detail that most…
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