Underbidding Then Asking for More Money

Denise GillinNews

By Andrew Ozaki, Lincoln Bureau Chief, KETV, Omaha The Kansas-based nonprofit in charge of managing child welfare cases in the Omaha area had a history of underbidding and then asking for more money. That’s according to Tom Kenny, the attorney who represented the previous provider. “We argued that St Francis underbid the contract by 40% and they did it on purpose,” …

Coalition States Case for Miller Act Bond Threshold Indexing Exemption

Denise GillinNews

From ConcreteProducts.com The Surety & Fidelity Association of America (SFAA) and National Association of Surety Bond Producers (NASBP) in Washington, D.C. endorse House legislation that will maintain essential payment protections for subcontractors, suppliers, and workers on federal construction contracts of $150,000 or more. Sponsored by Congresspersons Nydia Velasquez (D-N.Y.) and Byron Donalds (R-Fla.), H.R. 2949 exempts the threshold in the …

New Legislation Allows Condominium Developers to Use Earnest Money Deposits Towards Construction Costs

Denise GillinNews

By Stoel Rives LLP for JDSupra.com Washington recently enacted SB 5024 (the “Bill”), which allows developers to use earnest money deposits towards construction costs in certain circumstances. The Bill will become effective on July 25, 2021. Under the new law, if (1) a purchase agreement discloses that earnest money deposits may be used for construction costs, and (2) the developer …

Five Traits of the Safest Contractors

Denise GillinNews, Uncategorized

By Joe Bousquin for ConstructionDive.com Firms that follow these guidelines are six times safer than the industry average, according to the latest report from Associated Builders and Contractors. According to Greg Sizemore, ABC’s vice president of health, safety, environment and workforce development, the safest construction companies typically have: Robust substance abuse policy Intensive onboarding and new hire orientation programs Frequent and regular …

22 States to End Federal COVID-19 Unemployment Benefits

Denise GillinNews, Uncategorized

By Kim Slowey for ConstructionDive.com Montana Gov. Greg Gianforte will end the state’s participation in federal pandemic-related unemployment benefit programs by the end of June, making it one of the first states to fully opt out, according to a press release issued by the governor’s office. In addition, Gianforte has also proposed paying a $1,200 return-to-work bonus. Other states are also cutting …