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,…
Read More
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…
Read More
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. …
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More