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Small & Emerging Contractors

 

Construction Executive

Wisconsin Enacts Right to Work LawOpen in a New Window

In March, Wisconsin became the 25th state to enact a Right to Work law, allowing all workers in the state to have a job without being forced to pay dues or fees to a labor union.

 

Craft Professionals' Wages on the RiseOpen in a New Window

Wages for craft professionals continue to rise due to growing demand for skilled craft professionals, according to NCCER’s 2014 Craft Professional Wage Survey. Wages in the survey represent average annual salaries for individual craft areas—not including overtime, per diem, bonuses or other incentives.

 

USGBC Ranks Top 10 States for LEEDOpen in a New Window

The top 10 states for LEED based on per-capita square footage are Illinois (3.31), Colorado (3.15), Maryland (2.7), Virginia (2.33), Massachusetts (2.2), Hawaii (1.95), California (1.87), Georgia (1.83), Minnesota (1.79), and Arizona and New York (tied at 1.74).

 

FAA Issues Proposed Rules for Commercial Drone UseOpen in a New Window

Under the proposed rules, operators will be required to pass a written proficiency test and pay approximately $200 in fees, but they will not be required to obtain a pilot’s license. The drones must fly less than 100 miles per hour and stay below an altitude of 500 feet, or approximately 40 stories. The drones also would be required to stay within the pilot’s eyesight and to be flown during daylight.

 

A Fresh Start in 'Devon's Den'Open in a New Window

In the wake of tragedy, it’s amazing to see what a community can accomplish. For Associated Builders and Contractors’ (ABC) New Orleans/Bayou Chapter, working together to help a paralyzed football player live more comfortably showed that contractors often invest in their communities on a highly personal level.

 

Groundhog Day for Congressional Tax Reform EffortsOpen in a New Window

While contractors should not hold their breath for a flatter, fairer and simpler tax system, the work of this Congress will absolutely move them toward that goal. In the end, it is undoubtedly better to wait on a comprehensive overhaul that rejuvenates the economy than settle for reform in name only.

 

Moving PartsOpen in a New Window

After a long slump, manufacturing is back, and that means a surge in construction to catch up on a backlog of projects that major owners—Nissan and Caterpillar to name a few—have had on their wish lists for years.

 

A Contractor's Guide to Captive InsuranceOpen in a New Window

At its most basic level, captive insurance is a form of self-insurance that provides significant benefits to businesses with unique and high levels of risk. While captives aren’t right for every business, they can be appropriate for many contractors. After all, few industries are exposed to as much risk and workers’ compensation claims as construction.

 

The Benefits of Rental Equipment ProtectionOpen in a New Window

Participating in a rental equipment protection or loss damage waiver program through a licensed insurance carrier is the best way to protect rental equipment. Insuring equipment with a licensed carrier can simplify rentals and ensures compliance with necessary legal exposure.

 

The E-Mod Is Changing More Than Usual This YearOpen in a New Window

Twenty years ago, the average workers’ compensation claim was $2,500. Today, it exceeds $9,000. As medical and indemnity costs have risen, more claims are in the excess layer of the e-mod calculation, causing all e-mods to increase over time. Because of increasing claim costs, the NCCI has decided to increase the split point to $10,000, with additional increases planned during the next few years.  

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