The cost of construction materials took a breather in April, while contractors showed slightly greater ability to roll past price increases into their bids, according to an analysis of producer price index figures released today by AGC. Association officials noted that despite the temporary reprieve from materials price hikes, market conditions for construction remain difficult. […]
Month: May 2012
AGC 2012 Report Shows Mixed Messages For Construction Outlook
The 2012 Construction Hiring and Business Outlook Report generated by the The Associated General Contractors of America (AGC) indicates that the prospects for the the construction industry is mixed for 2012. According to the report, firms are balancing growing demand for some private sector market segments with continued weakness in other key private market sectors, combined […]
Power and Energy Industries See Double Digit Increases in Construction Spending
The 2012 A/E/P and Environmental Consulting Industry Outlook rated power and energy as the hottest market for 2012. Close behind were healthcare, water, and highways and bridges. The chart below provides a picture of increases and decreases in construction spending over the last year, and gives an idea of where the National trends are headed […]
Alabama Lien Requirements
Alabama has lien requirements dependent on your roll in a project. A supplier should send a preliminary notice before delivering the supplies. Otherwise, a preliminary notice is not required. Those who do not have a direct contract with the property owner are required to deliver a Notice of Unpaid Lien to the property owner before filing a mechanic’s […]
Reservations about Construction for Indian Tribes
I recently received a request to place a mechanic’s lien against a job located on Indian property. Apparently, there has been a boom in casino construction and tribes are hiring from outside the tribe. With this rise of construction on tribal land come questions as to the rights that suppliers and contractors have. Of the many […]