flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Senate Republicans' coronavirus relief measure includes provisions that will help hard-hit construction firms recover

Market Data

Senate Republicans' coronavirus relief measure includes provisions that will help hard-hit construction firms recover

The HEALS Act includes essential liability, workforce, financial & unemployment reforms, but association will work to get needed infrastructure investments included in final relief measure.


By AGC | July 28, 2020

Courtesy Pixabay

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the release today of Senate Republican’s latest coronavirus relief measure, the Heals Act:

“Senate Republicans have crafted a relief measure that includes a number of vital provisions that will allow hard-hit construction firms to begin rebuilding their businesses and payrolls. Among the most promising of these provisions are liability reforms so construction firms that are protecting workers from the coronavirus will not be subjected to needless litigation. The proposal also includes important improvements to the Paycheck Protection Program and a much-needed expansion of the Employee Retention Tax Credit, both of which will help protect construction jobs.

“The measure also takes a more thoughtful approach than the existing federal unemployment insurance benefit by protecting unemployed workers without creating artificial barriers to returning people to good-paying jobs in sectors like construction. And the ambitious workforce development provisions in this measure have the potential to help millions of unemployed prepare for new careers in middle-class professions like construction.

“The measure is not without flaws, however. Most troubling is the virtual lack of funding for new infrastructure improvements. State transportation officials are coping with a $37 billion funding shortfall, declining revenues and the uncertainty that comes with the September 30 expiration of the existing highway and transit law. Additionally, public school, health and broadband infrastructure need federal investment to meet the challenges of operating during and after the pandemic. Ultimately, such new investments are essential to sustaining and rebuilding the American economy, which is why we will work to ensure they are ultimately included in a final relief measure.

“This proposed measure includes many provisions that will help the construction industry and the broader American economy. Combined with new infrastructure funding, it will help workers and employers avoid further economic harm. That is why we will work with leaders in both parties and both houses to see a final, fuller, measure enacted as quickly as possible.”

Related Stories

Market Data | Dec 2, 2020

Nonresidential construction spending remains flat in October

Residential construction expands as many commercial projects languish.

Market Data | Nov 30, 2020

New FEMA study projects implementing I-Codes could save $600 billion by 2060

International Code Council and FLASH celebrate the most comprehensive study conducted around hazard-resilient building codes to-date.  

Market Data | Nov 23, 2020

Construction employment is down in three-fourths of states since February

This news comes even after 36 states added construction jobs in October.

Market Data | Nov 18, 2020

Architecture billings remained stalled in October

The pace of decline during October remained at about the same level as in September.

Market Data | Nov 17, 2020

Architects face data, culture gaps in fighting climate change

New study outlines how building product manufacturers can best support architects in climate action.

Market Data | Nov 10, 2020

Construction association ready to work with president-elect Biden to prepare significant new infrastructure and recovery measures

Incoming president and congress should focus on enacting measures to rebuild infrastructure and revive the economy.

Market Data | Nov 9, 2020

Construction sector adds 84,000 workers in October

A growing number of project cancellations risks undermining future industry job gains.

Market Data | Nov 4, 2020

Drop in nonresidential construction offsets most residential spending gains as growing number of contractors report cancelled projects

Association officials warn that demand for nonresidential construction will slide further without new federal relief measures.

Market Data | Nov 2, 2020

Nonresidential construction spending declines further in September

Among the sixteen nonresidential subcategories, thirteen were down on a monthly basis.

Market Data | Nov 2, 2020

A white paper assesses seniors’ access to livable communities

The Joint Center for Housing Studies and AARP’s Public Policy Institute connect livability with income, race, and housing costs.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021