Articles & News

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for June 2014 was estimated at a seasonally adjusted annual rate of $950.2 billion, dropping by 1.8 percent from the revised May estimate of $967.8 billion.  Compared to a year ago,…

On August 2, 2013, the Council of the District of Columbia, along with the Mayor of the District of Columbia, enacted legislation known as the “Private Contractor and Subcontractor Prompt Payment Act of 2013” (the “Act”).  The Act has an effective date of November 5,…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for June 2014.  According to the data, building permits for privately-owned housing units in June were at a seasonally adjusted annual rate of 963,000, down 4.2…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for May 2014 was estimated at a seasonally adjusted annual rate of $956.1 billion.  This rate is a slight increase of 0.1 percent from the revised April estimate of $955.1 billion. …

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…

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…

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…

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…

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…