Dec 19, 2024
california contractor insurance, construction news, insurance for contractors
Federal Reserve Chairman Jerome Powell speaks during a news conference after a meeting of the Federal Open Market Committee on Sept. 18, 2024, in Washington, D.C. Anna Moneymaker/Getty Images via Getty Images Brief: The Federal Reserve trimmed the main interest rate by a quarter percentage point Wednesday in its third straight reduction since September, while […]
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Dec 16, 2024
california contractor insurance, construction news, insurance for contractors
Biden officials are rushing to get money out the door ahead of the incoming administration. Brief: Three years into the five-year federal law, $568 billion, or 47%, of Infrastructure Investment and Jobs Act funds have been announced, per a White House fact sheet released Nov. 15. More than 66,000 construction projects are advancing via President […]
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Dec 05, 2024
california contractor insurance, construction news, insurance for contractors
More Changes Coming to California’s ADU Laws In recent years, the California Legislature has enacted bills that reduce local control over the development of accessory dwelling units (ADUs) and junior accessory dwelling units (JADUs). Recent examples include legislation requiring ministerial approval of ADU and JADU applications within 60 days, authorizing ADUs on lots with multifamily […]
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Dec 05, 2024
california contractor insurance, construction news, insurance for contractors
Around 2020, homeowners started to get serious about accessory dwelling units (ADUs). Some efforts, for example in Los Angeles under the direction of the city’s chief design officer, Christopher Hawthorne, it created a program that allows architects to submit plans for pre-approval to cut down the weeks-long permitting process to as a little as a […]
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Nov 21, 2024
commercial general liability insurance, construction news, insurance for contractors
Here is a round up the newest project wins from some of the country’s biggest builders including Gilbane, Kiewit and Hensel Phelps. A rendering of the NBA’s Charlotte Hornets’ new facility in North Carolina, which Gilbane Building Co. will construct. Courtesy of Charlotte Hornets Project awards are the lifeblood of every construction firm, as […]
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Nov 14, 2024
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
A recent scientific breakthrough is paving the way for transparent solar panels, a technology that can potentially bring solar energy everywhere. Photo: Richard Lunt / Michigan State University A breakthrough in solar technology has been achieved. This new technology has come a long way since originally being developed by a team of researchers […]
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Nov 07, 2024
california contractor insurance, commercial general liability insurance, construction news, small business news
The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity. Federal Reserve Chairman Jerome Powell speaks following a meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on Sept. 18, in Washington, D.C. Anna Moneymaker/Getty Images via Getty Images […]
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Oct 31, 2024
california contractor insurance, construction news, contractor news, insurance for contractors
After briefly falling at the end of the summer, the amount of work on builders’ books rose again following the Fed’s loosening last month. A construction crew works on a CloudHQ data center on July 17 in Ashburn, Virginia. Nathan Howard/Stringer via Getty Images Brief: What a difference a half-point rate cut makes. Thanks […]
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Oct 25, 2024
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Check out these ten buildings that required major architectural design, engineering innovation and creativity. 1. Tapei 101, Taiwan Architects: Chu-Yuan Lee & Wang Chung-ping The Taipei 101 is not only the tallest building in Taiwan but also contains one of the world’s largest mass damper systems or Gyroscopic stabilizer (weighing approximately […]
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Oct 18, 2024
california contractor insurance, construction news, insurance for contractors
The landmark rule imposes the strictest limits on lead in drinking water since federal standards were set 30 years ago. Image from Pixabay. Brief: The Biden administration issued a final rule Tuesday requiring drinking water systems across the country to identify and replace lead pipes within 10 years, according to a news release from […]
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