The Blog

The organization of a legal entity offers many advantages to business owners, including the opportunity for limited liability. Unfortunately, these same legal entities can also be used to mask illegal activity and launder illegally gotten money. In an effort to combat white collar crimes and security threats to the United States, the Federal Government recently enacted the Corporate Transparency Act (“CTA”) as part of the Anti-Money Laundering Act of 2020. These acts are part of the National Defense Authorization Act.

Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 1.3% for the month.

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023.

Medford Wellington apprentice electrician Cheslie Sanon came to the U.S. from Haiti when she was 10 years old. “Since then, I’ve done everything I can to work hard and have a positive attitude.” You don’t need to talk to her for long to realize that those two traits are in her DNA.

I’m pleased to say that I’ll be using this month’s message to convey some good news. Last month, I wrote about the Springfield Water and Sewer Commission’s split decision to use a union-only project labor agreement to build the $325 million West Parish Water Treatment Plant. But as of the end of February, I can report that the project has gone out to bid without the PLA.

In Massachusetts, the Supplier Diversity Program is a state program that encourages state agencies to award state contracts to certified diverse businesses. To qualify for the program, companies must be certified as a diverse business in any of the following categories:

Associated Builders and Contractors’ Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.

On Feb. 9, the U.S. Department of Labor’s Occupational Safety and Health Administration sent its Worker Walkaround Representative Designation Process final rule to the Office of Information and Regulatory Affairs at the Office of Management and Budget for final review. The rule would allow employees to choose a third-party representative, such as an outside union representative or community activist, to accompany an OSHA inspector into nonunion facilities. The review at the OIRA is usually the final step in the process before a rule is officially published in the Federal Register. ABC will be meeting with the OIRA to express its serious concerns about the rule.

The construction industry added 11,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 216,000 jobs, an increase of 2.7%.

New data show that nearly 90 percent of U.S. construction workers choose not to join a union. In Massachusetts, it’s more than 82 percent, according to federal Bureau of Labor Statistics data analyzed by unionstats.com. The open shop numbers are even higher among African-American construction workers. Yet once again we find ourselves fighting a union-only project labor agreement (PLA).