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Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins

Contractors’ bid prices for constructing new nonresidential buildings finally caught up with soaring costs for the materials and service they buy in May, according to an analysis by the Associated General Contractors of America of government data released today. Association officials cautioned that contractors will have a hard time keeping pace with additional price spikes for many key construction materials.

Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins Read More »

Government-Mandated Project Labor Agreements Would Keep Three-Quarters Of Firms From Bidding On New Federal Projects, Survey Finds

Survey of Federal Contractors Also Finds that the Biden Administration’s Plans to Impose Project Labor Agreements Will Make It Harder for Firms to Subcontract with Small, Minority & Disadvantaged Businesses

Government-Mandated Project Labor Agreements Would Keep Three-Quarters Of Firms From Bidding On New Federal Projects, Survey Finds Read More »

Wagman Gives Back and Ranks #1 Business Fundraiser during Give Local York

(York, Pa.) Wagman, Inc. took the top spot on the business leaderboard during 2022’s Give Local York, York County’s largest day of giving. The event this year was held on Friday, May 6. Wagman raised $33,960, with 123 employee gifts donated to 61 participating nonprofit organizations.

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AGC is helping Members meet Inflation Challenge

The Associated General Contractors of America has been helping contractors enlighten clients on the severe inflation pressures they face with frequently updated Construction Inflation Alerts for a little over a year. It’s just one of AGC’s services related to the economy, in addition to an in-house economist and research analyst who explore macroeconomic trends and how they affect construction.

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Construction Adds 19,000 Jobs In March, While Project Spending Rises For 12th Straight Month In February; Officials Warn Of Growing Challenges

Fri, 04/01/2022 – 12:32 Contractors Association Urges Washington Officials to End Tariffs on Key Materials, Increase Funding for Career and Technical Education, and Widen Apprenticeship Opportunities for Working in Construction  Construction employment climbed by 19,000 jobs between February and March, while spending on construction projects rose for the 12th month in a row in February,

Construction Adds 19,000 Jobs In March, While Project Spending Rises For 12th Straight Month In February; Officials Warn Of Growing Challenges Read More »