Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2022

  • Posted on

The Equipment Leasing and Finance Association, which represents the nearly $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2022. Real private investment by U.S. businesses in equipment and software is forecast to be almost $2 trillion in 2022, with a substantial amount of that investment activity financed, so these trends impact a significant portion of the U.S. economy. ELFA President and CEO Ralph Petta said, “The pandemic is the underlying theme throughout the trends this year as equipment acquisition continues to drive supply chains across all U.S. manufacturing and service sectors. Nearly eight in 10 … Read more

Filed under: NewsTagged with: ,

Governor Hochul Signs Construction Industry Public Contracting Advisory Council Bill into Law

  • Posted on

The Construction Industry Public Contracting Advisory Council bill (Ch. 782, Laws of 2021) has been signed into law by New York State Governor Kathy Hochul. The new law will set in motion the process to reform the public works contracting process for construction contractors and subcontractors across New York state. The new law brings together state legislators, regulators, construction contractors and subcontractors, labor and other stakeholders for the first-time ever and they will form a 23-member temporary Construction Industry Advisory Council on Public Contracting Reform. Its objective is to analyze the many vexing contractual issues that negatively impact contractors and … Read more

Filed under: NewsTagged with:

U.S. Department of Labor Seeks Nominations for Employee Representative on Advisory Committee on Construction Safety and Health

  • Posted on

The U.S. Department of Labor’s Occupational Safety and Health Administration is requesting nominations to fill one vacant employee representative position on the Advisory Committee on Construction Safety and Health. The 15-member group advises the Secretary of Labor and Assistant Secretary of Labor for Occupational Safety and Health on developing standards and policies affecting the construction industry. Committee members represent employees, employers, state safety and health agencies and the public. Members generally serve two-year staggered terms, except the representative designated by the Department of Health and Human Services and appointed by the Secretary of Labor, who serves indefinitely. Submit nominations electronically … Read more

Filed under: NewsTagged with: , ,

Developing Workforce through Mortenson’s 1st Apprenticeship Program

  • Posted on

Mortenson Phoenix has completed the company’s first ever NCCER Apprenticeship Class, focused on developing its carpenter workforce in the Phoenix, Arizona metro area. This marks the culmination of two years of research, analysis, approvals, planning and ultimately execution, held in its Phoenix Equipment Facility. This platform, and the foundational work put into this program to date, could lead to even bigger growth opportunities in the future, as the general contractor continues to solve for workforce development and engagement. The cohort consisted of four skilled craft team members including Sergio Pacheco, Daniel Rodriguez, Zachary Shockey and Alonso Sarinana Villa. The program … Read more

Filed under: eNews, NewsTagged with: , ,

Surety Industry Launches Contractor Bonding Education & Mentoring Program

  • Posted on

The Surety & Fidelity Association of America and the National Association of Surety Bond Producers have jointly developed and launched the surety industry’s new Contractor Bonding Education & Mentoring Program. This free program helps small, new, emerging, minority-owned and other disadvantaged contractors learn how to qualify for construction surety bonds, thereby expanding their business opportunities and providing the services and benefits of these bonds. The Contractor Bonding Education & Mentoring Program includes two components: a set of eLearning modules available online 24/7, which can be taken on demand at the learner’s pace, and an optional mentor program with industry professionals … Read more

Filed under: eNews, NewsTagged with: , , , , ,