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FINAL VERSION OF NEW TAX BILL PRESERVES PRIVATE ACTIVITY BONDS

12/19/2017 | Construction Blog

The final version of the federal tax bill, which is expected to be passed by Congress this week, maintains for the most part the current tax status of private activity bonds which are important to the construction industry.   Private activity bonds provide tax credit incentives for investors for certain targeted developments such as affordable housing, economically distressed commercial development zones, historic building renovation, and infrastructure.    Earlier versions of the tax bill would have eliminated or sharply reduced funding for […]

New California Law

12/6/2017 | Construction Blog

A new California law requires prime contractors on private construction projects to be financially responsible for any wages, fringe benefits and union contributions left unpaid by subcontractors and their sub-subcontractors. The prime contractor’s financial responsibility under this new law, however, does not extend to any penalties or liquidated damages resulting from a subcontractor’s failure to pay wages. This law governs all private construction contracts entered into beginning January 1, 2018. As a result of this new law, prime contractors on […]

When is a property owner’s fee interest subject to the lien of an unpaid contractor renovating the property for tenant?

11/28/2017 | Construction Blog

Section 1303(d) of the Mechanics’ Lien Law of 1963 provides that “No lien shall be allowed against the estate of an owner in fee by reason of any consent given by such owner to a tenant to improve the leased premises unless it shall appear in writing signed by such owner that the erection, construction, alteration or repair was in fact for the immediate use and benefit of the owner.”  However, the terms of the owner’s lease with the tenant […]

OSHA DELAYS CRANE OPERATOR INDEPENDENT CERTIFICATION REQUIREMENT

11/21/2017 | Construction Blog

On November 9, 2017,the Occupational Safety and Health Administration issued a rule delaying for one year, until November 10, 2018, the implementation of a Construction Crane Operator Certification requirement that was scheduled to go into effect on November 10, 2017.  The  crane operator certification requirement, based on an OSHA standard published in 2010, would require an independent third party certification of crane operators via testing and training.  Comments received by OSHA from the construction community questioned whether the independent testing […]