The Labor Department’s Bureau of Labor Statistics has recently reported job gains of over 11,000 within the construction industry for the month of October, putting total construction employment at approximately 5,834,000 jobs. Increasing by 185,000 from last year, construction employment is now at its highest…
Read More
According to the U.S. Census Bureau of the Department of Commerce, total construction spending for August 2013 was estimated at a seasonally adjusted annual rate of $915.1 billion, putting construction spending at its highest level in four years. This rate is up 0.6 percent from the…
Read More
The United States District Court of the District of Columbia recently held that a surety was bound by an arbitration provision contained in a subcontract that was incorporated by reference into the performance bond. In Tower Ins. Co. of New York v. Davis/Gilford, CIV.A.…
Read More
According to recent data released by Reed Construction Data, prices for construction materials showed a slight increase for the month of August. Nonresidential construction materials prices spiked 0.5% in August after dropping 0.1% the previous month. This jump in prices was caused mainly by higher…
Read More
Perhaps the most difficult question a client can ask an attorney – a question that causes anxiety for both clients and attorneys alike – is the simple question “how much will it cost to resolve the dispute?” This question is almost always followed by the…
Read More
The United States Court of Appeals for the 4th Circuit issued an interesting opinion this past summer titled SG Homes Associates, LP v. Marinucci, 2013 U.S. App. LEXIS 11176. The opinion examines the pursuit of a general contractor’s president / shareholder by a project owner…
Read More
According to the U.S. Census Bureau of the Department of Commerce, total construction spending for July 2013 was estimated at a seasonally adjusted annual rate of $900.8 billion. This rate is up 0.6 percent from the revised June estimate of $895.7 billion and is 5.2…
Read More
On August 27th, 2013, the Labor Department announced new requirements issued for most federal contractors in hiring veterans and individuals with disabilities. The new rules, issued by Labor’s Office of Federal Contract Compliance Programs (OFCCP), make changes to the affirmative-action requirements that have already been…
Read More
According to an article in the Daily Record written by Alexander Pyles on August 19, 2013, Towson University economist and director of the Regional Economic Studies Institute, Daraius Irani, said he expects construction jobs to drive growth in Maryland employment over the next few years. In…
Read More
Many construction contracts contain dispute resolution clauses that require disputes arising out of the project to be resolved through mediation, arbitration, or a combination of both, instead of through litigation. A common question that arises in light of these dispute resolution clauses is whether, and…
Read More