Researchers in the Construction Services Group of Marcum LLP, a leading accounting and advisory firm in New York, paint an overall positive view of current and future market trends in their just-released 2024 Marcum National Construction Survey. Key findings gleaned from responses to a 27-point survey of executives in building and nonbuilding markets include: “Despite the challenges facing the…
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Renewed Davis-Bacon support permeates White House, Capitol Hill
Sources: U.S. Department of Labor, Ironworker Management Progressive Action Cooperative Trust, Washington, D.C.; CP staff A White House Spring 2021 regulatory update, coupled with a U.S. Senate vote on a Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act amendment, illustrate administrative and legislative branch underpinnings for contentious statutes affecting construction: the Davis-Bacon and Related Acts (Davis-Bacon or DBRA).
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