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

Senior Living Design | May 9, 2017

Designing for a future of limited mobility

There is an accessibility challenge facing the U.S. An estimated 1 in 5 people will be aged 65 or older by 2040.

Industry Research | May 4, 2017

How your AEC firm can go from the shortlist to winning new business

Here are four key lessons to help you close more business.

Engineers | May 3, 2017

At first buoyed by Trump election, U.S. engineers now less optimistic about markets, new survey shows

The first quarter 2017 (Q1/17) of ACEC’s Engineering Business Index (EBI) dipped slightly (0.5 points) to 66.0.

Market Data | May 2, 2017

Nonresidential Spending loses steam after strong start to year

Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis.

Market Data | May 1, 2017

Nonresidential Fixed Investment surges despite sluggish economic in first quarter

Real gross domestic product (GDP) expanded 0.7 percent on a seasonally adjusted annualized rate during the first three months of the year.

Industry Research | Apr 28, 2017

A/E Industry lacks planning, but still spending large on hiring

The average 200-person A/E Firm is spending $200,000 on hiring, and not budgeting at all.

Market Data | Apr 19, 2017

Architecture Billings Index continues to strengthen

Balanced growth results in billings gains in all regions.

Market Data | Apr 13, 2017

2016’s top 10 states for commercial development

Three new states creep into the top 10 while first and second place remain unchanged.

Market Data | Apr 6, 2017

Architecture marketing: 5 tools to measure success

We’ve identified five architecture marketing tools that will help your firm evaluate if it’s on the track to more leads, higher growth, and broader brand visibility.

Market Data | Apr 3, 2017

Public nonresidential construction spending rebounds; overall spending unchanged in February

The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold.

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