Washington, D.C. (Nov. 14, 2019)—The Equipment Leasing & Finance Foundation has released the November 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 54.9, an increase from the October index of 51.4.
Dodge predicts construction starts will decline 4% in 2020 to $776 billion. The most notable drops by sector are residential (forecasted to decrease by 6% from 2019) and nonresidential buildings and nonbuilding construction (both forecasted to drop 3%).
A guide to the 'Your Work,' 'EIFS' & 'Employer's Liability' exclusions
The secret to quality workmanship, on-time completion, safe jobsites & high margins
Our experts share the wise words that shaped their risk-management strategy
An inside look at the 'Live Life Hands On’ campaign
EIGHTY FOUR, Pa. (Nov. 14, 2019) — 84 Lumber Company announced the company has entered into a new 7-year $310 million Senior Secured Term Loan B Facility and 5-year $400 million Asset Based Revolving Credit Facility. The proceeds will be used to refinance the $307.5 million outstanding Term Loan B and $400 million ABL Revolver.
WASHINGTON (Nov. 13, 2019) – The United States Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released a comprehensive Technical Assistance Guide (TAG) for the construction industry. The guide will assist contractors meet their legal requirements and responsibilities for equal employment opportunity by preventing violations before they occur.
Last week, the United States Department of Transportation awarded a $25 million grant to the Port of Alaska through the department’s Better Utilizing Investment to Leverage Development (BUILD) program.
A 2-year investigation by the Associated Press found that at least 1,680 dams across the United States pose risks to the residents in the areas surrounding them. The AP reviewed federal data and identified a number of dams that are rated in poor or unsatisfactory condition.