Construction Industry News Archives

Slight Bump In Some Construction Material Prices

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Apr 14, 2014.

The recent report from the U.S. Department of Labor on its producer price index showed mixed results for construction materials prices in March. Construction materials prices went up 0.5% from February, but they are up 1.1% from March of 2013. The number correlates closely with increases in non-residential construction materials prices, which were up 0.4%.

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PennDOT to Select a Team of Companies to Manage the Rapid Bridge Replacement Project

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Apr 3, 2014.

Recent news accounts report that the Pennsylvania Department of Transportation has selected four teams made up of companies in finance, construction, manufacturing and other industries to submit proposals for PennDOT’s Rapid Bridge Replacement Project, which provides for the replacement of over 500 bridges statewide through public-private partnerships. The four teams are constituted as follows:

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Pennsylvania Legislation Removing Exemption for Stalking, Harassment, and Threats to Use Weapons of Mass Destruction From Criminal Code Passes Pennsylvania House

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Mar 19, 2014.

The Pennsylvania House of Representatives recently passed legislation which removes the exemption for harassment, stalking, or threats to use weapons of mass destruction when involved in a labor dispute from the criminal code. The bill, which can be read in its entirety here, passed the house with a vote of 115-74 and has moved over to the Senate for consideration.

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Billion Dollar Judgment Against Lead Paint Companies

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Mar 11, 2014.

Your eyes did not deceive you when you read the title. Lead paint companies were hit with a $1.15 billion verdict – that is billion with a b – in California recently. In addition to the size of the award, the theory by which it was obtained is of some interest. The question for the construction industry in this region is whether this case is a precursor to similar litigation in Pennsylvania, New Jersey, or Delaware.

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Some 2014 Projections for Pennsylvania and New Jersey Construction Companies

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Feb 7, 2014.

Now that it is February and almost everyone’s New Years’ resolutions are officially broken, it seems a good time to review what some are projecting as possible trends in the construction industry in 2014. The following is a simple list of predictions gathered from various sources.

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Bethlehem Awarded Redevelopment Designation

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Jan 26, 2014.

In what will be a positive move for construction companies from Pennsylvania and New Jersey working in the City of Bethlehem, the City has been awarded one of two City Revitalization and Improvement Zone program designations. Those involved in the process are hoping it will have the same effect on development and the resulting economic impact as the construction of the Sands Casino at the old Bethlehem Steel Stacks.

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CONSTRUCTION SPENDING ON THE RISE

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Jan 6, 2014.

On January 2, 2014, the U.S. Department of Commerce reported that U.S. construction spending rose to its highest level in nearly five years in November, led by a surge in private construction project spending.

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Construction Back Log Indicator – Construction Economy Showing Some Signs of Life

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Dec 2, 2013.

The Construction Back Log Indicator, a national economic measurement maintained by the Associated Builders and Contractors, has released its third quarter numbers. While chief economist Anirban Basu was cautiously optimistic that the economy’s gradual recovery remains underway, his analysis also contained some sobering elements.

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Army Corps of Engineers to Require Standard Data Files by 2015

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Oct 27, 2013.

A new rule implemented by the Army Corps of Engineers will require all contracts for design-build and construction contracts for military projects to include construction operations-building information exchange files for asset data, or COBie format, by 2015.

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U.S. Commerce Department Announces on October 22 that Construction Spending in U.S. Climbed in July to a Four-Year High

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Oct 23, 2013.

The United States Commerce Department announced on October 22 that U.S. construction spending increased in July to the highest level in four years, largely based on gains in residential real estate construction.Construction spending climbed 0.6 percent compared to a median forecast of 51 economists surveyed by Bloomberg, which had called for a 0.4 percent increase.

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