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7 pro soccer stadiums underway across the US

Jul 22, 2020 (0) comment , , ,

In the National Football League, SoFi Stadium in Los Angeles and Allegiant Stadium in Las Vegas have been partly financed by public dollars. By offering to help foot the bill for new, state-of-the-art facilities, these cities poured millions of dollars into construction projects to attract the teams. In Major League Soccer, however, burgeoning support for the […]

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California could pave roads with recycled plastic

Jul 10, 2020 (0) comment , , ,

California could become the first state in the nation to use recycled plastic as part of its roads and freeways. The state Senate unanimously passed SB 1238, which directs Caltrans to study the use of plastics in asphalt for construction, or repair of a state highway or road. “There’s no other state in the nation […]

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The Dotted Line: Avoid these change order snafus

Jun 24, 2020 (0) comment , , , ,

It is always important for construction firms to track changes to their construction agreements so that they can bill their customers appropriately. It might be even more important now, however, as many general contractors and subcontractors get back to work after extended COVID-19 shutdowns. Contractors cannot afford to leave any money on the table right […]

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California officials advance Elon Musk’s lower-cost transit tunnel plan

Jun 24, 2020 (0) comment , , ,

Brief: The San Bernardino County Transportation Authority (SBCTA) has agreed to postpone an analysis of rail system alternatives, one of which would serve the Ontario International Airport in Ontario, California, in order to evaluate an unsolicited proposal from Tesla and SpaceX founder Elon Musk’s The Boring Co. (TBC), which has suggested a transit tunnel to the […]

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Contractors State License Board Ready to Reopen Test Centers

Jun 12, 2020 (0) comment , , ,

CSLB test centers (Except Berkeley) reopen on Monday, June 15, 2020. Public Counters are CLOSED to the public but should reopen soon. Most CSLB services are available online, through email, or at 800-321-CSLB (2752). SACRAMENTO – The Contractors State License Board (CSLB) is announcing that seven of its eight test centers around California will reopen […]

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PPP loans now only require 60% of funds to be used for payroll

Jun 11, 2020 (0) comment , , ,

Brief: Borrowers only have to use 60% of their loan funds for payroll costs under changes the federal government made to the Paycheck Protection Program (PPP) on Friday. Previously, the program required borrowers to use 75% of the funds on payroll, a requirement borrowers said was too restrictive. For many businesses impacted by mandatory stay-at-home orders, the […]

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Construction employment sees record rebound in May

Jun 11, 2020 (0) comment , , ,

Brief: ​The construction industry added 464,000 net new jobs in May, the largest monthly increase in construction jobs since the government began tracking employment in 1939 and a drastic improvement from April, which recorded the industry’s largest month-over-month job loss. While nonresidential construction employment lost more than 570,000 jobs on net in April, a total of […]

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What new PPP loan guidance means for contractors

Jun 04, 2020 (0) comment , , , ,

It hasn’t been an easy ride for those applying for or administering Paycheck Protection Program loans since the program went into effect on April 15. A lightning-fast rollout, differing interpretations of the rules, a steady stream of updates, warnings to recipients about audits and penalties, and negative press about public companies that received money while […]

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When Is California Reopening?

May 21, 2020 (0) comment , , ,

Here’s what you need to know about the state’s plan to reopen for business during the coronavirus pandemic. Venice Beach on May 17.Credit…Ryan Young for The New York Times   California was the first state in the nation to order all residents to stay home to slow the spread of the coronavirus. On Monday, Gov. […]

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A look at other ways the CARES Act can help your business

May 14, 2020 (0) comment , , ,

Let’s take a look at another way the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help your business. The new act eliminates some of the tax-revenue-generating provisions included in a previous tax law. With the rules for claiming certain tax losses being modified it can provide businesses with relief from the novel coronavirus […]

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