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SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

Sep 02, 2021 (0) comment , , , ,

  The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. In the case that you were unaware, starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months […]

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Indiana DOT, Purdue University developing wireless EV charging for highways

Aug 13, 2021 (0) comment , , , ,

Brief: The Indiana Department of Transportation is partnering with Purdue University and German infrastructure technology company Magment on a pilot project to develop the nation’s first paved highway segment that contains contactless, wireless technologies to charge electric vehicles as they drive over it. Purdue engineers are designing and testing the dynamic roadway, which incorporates Magment’s magnetizable […]

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Fraud Alert: Scammers Pose as CSLB Staff, Demand Money Over Phone

Jul 29, 2021 (0) comment , , , ,

July 28, 2021 The Contractors State License Board (CSLB) has learned of phone scams targeting CSLB licensees. In the scheme, an individual falsely identifying themselves as an employee of CSLB demands a license “activation” fee of up to $500 be paid immediately over the phone or the license will be cancelled. Please be advised that […]

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6 multifamily building failures and the changes they produced

Jul 15, 2021 (0) comment , , , ,

Past building disasters have led to enhanced codes and safety improvements for the construction of condos, hotels and other residential structures. As rescuers sift through the debris of the partial collapse of the Champlain Towers South building in Surfside, Florida, officials were hoping to find more survivors but now, they have shifted gears to finding […]

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5 strategies construction firms use to lower their taxes

Jul 08, 2021 (0) comment , , , , ,

From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills.   A recent construction industry analysis revealed that public construction firms’ effective federal tax rates are among the lowest of any sector. The 19 largest profitable firms in the industry paid […]

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7 parallels between sport and entrepreneurship

Jun 24, 2021 (0) comment , , ,

Analogies between sports and business abound. Are people who excel at sports better at business? Sometimes they are. And it’s no coincidence. After all sports can develop habits that help business leaders succeed. Here are 7 striking parallels between sport and entrepreneurship.   Tolerance for fear and uncertainty – Starting a business, asking for funding for […]

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10 Inspiring Quotes About Why We Remember

May 27, 2021 (0) comment , , ,

Memorial Day is America’s kick-off to summer, but it’s also a time to remember those who sacrificed their futures so that we could enjoy our present. Memory itself is a funny thing. It’s not always reliable, and it can color our lives in ways we don’t even realize. However, remembering our collective past–and especially those […]

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US Appeals Court Says Gig Worker Rules Apply to California Trucking Industry

May 06, 2021 (0) comment , ,

Construction operates under an exemption of California state law AB 5, which allows subcontractors to work for construction companies under certain stipulations.  Image courtesy of Pixabay A federal appeals court panel in San Francisco has rejected a lower court’s injunction and ruled that California Assembly Bill 5, also called the “gig worker” law, applies to […]

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What contractors need to know before going after public projects

Apr 22, 2021 (0) comment , , , ,

President Joe Biden recently announced a $2.3 trillion U.S. infrastructure spending proposal, the American Jobs Plan, that promises billions of dollars in construction contracts to companies across the country who are trying to determine what a post-COVID-19 economy will look like. The plan calls for $621 billion for transportation infrastructure and $689 billion for buildings […]

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7 Business Takeaways You Can Learn From Monopoly

Apr 16, 2021 (0) comment , , , , ,

These seven lessons draw parallels between casual game play and real world business strategies. Monopoly is a generational classic that has brought families together for nearly a century. Although the board game makes for great recreational fun, playing Monopoly also has lessons for entrepreneurs and business leaders if they pay close attention. Here are 7 […]

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