OFCCP Expands Enforcement with 12 Additional Megaproject Compliance Reviews

On October 6, 2023, the Office of Federal Contract Compliance Programs (OFCCP) declared its plans to conduct an additional dozen compliance reviews of construction megaprojects. This was announced alongside a previously released list of another 12 projects scheduled to undergo identical scrutiny. These 24 compliance reviews are a part of the OFCCP’s Mega Construction Project…

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Arkansas Asbestos Rule Violation: Maly Constructions Faces DEQ Enforcement Actions

The Arkansas Department of Energy & Environment – Division of Environmental Quality (DEQ) and a site operator based in North Little Rock, namely, Maly Constructions, LLC (MC), have recently entered into a Consent Administrative Order (CAO). The CAO responds to alleged violations of the Arkansas Asbestos Rule, a troubling development that underscores the ongoing complexities…

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Millennial Homeownership Challenges Amid Real Estate and Construction Developments

In this week’s update, we put a spotlight on several intriguing developments in the real estate and construction sectors. As first reported on JDSupra, the continued impact of market dynamics on homeownership trends amongst younger Americans, often referred to as millennials, is clear. Despite historically low-interest rates, the homeownership dream appears to be increasingly inaccessible…

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Florida Construction Lien Law Amendments Shake Up Legal Landscape

Florida has recently made significant changes to its construction lien law. The law, which came into effect on October 1, 2023, has seen amendments that encompass critical aspects, including lien rights, notice requirements, consultant bond amounts, and attorney fee recovery regulations. These changes are set to impact how legal professionals approach their practice in construction-related…

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Saudi Arabia’s New Civil Code: Bolstering International Business Confidence with Revised Liquidated Damages Regime

The Kingdom of Saudi Arabia has enacted a new Civil Code that underscores its commitment to inviting the international business community into its jurisdiction. One component that merits close attention, especially for project owners, contractors and service providers across the energy, construction and infrastructure sectors, is the newly implemented liquidated damages regime. Article provided by…

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Securing US Semiconductor Industry: Latest CHIPS Act Funding Boosts Production Facilities

On September 29, 2023, the National Institute of Standards and Technology’s (NIST’s) CHIPS Program Office unveiled an additional funding opportunity announcement (FOA) for the development, expansion, or modernization of facilities targeting the production and manufacture of semiconductor materials and related manufacturing equipment. The event is significant as up to $500 million will be awarded through…

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Renewable Energy Tax Incentives Tied to Prevailing Wages and Apprenticeships in New IRS Proposal

The U.S. Internal Revenue Service (IRS) has proposed a new set of regulations to impart robust tax incentives for qualifying renewable-energy construction projects. As outlined in the Inflation Reduction Act, these enticing financial rewards are not without their conditions. However, the full amount can be claimed by businesses for eligible projects, provided they meet the…

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September 2023 Enforcement Surge: Trade Violation Consequences for Corporates and Individuals alike

The month of September 2023 saw an increase in enforcement actions in the sphere of international trade, particularly concerning Iran. Notably, the Office of Foreign Assets Control (OFAC) announced settlements with two prominent entities, 3M and Emigrant Bank, both accused of contravening the Iranian Transactions and Sanctions Regulations (ITSR). In addition to corporate indictments, individuals…

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Declining Construction Costs Boost Solar, Wind, and Natural Gas Adoption in 2021

The United States Energy Information Administration (EIA) published a report on October 3rd noting a significant downturn in construction costs for solar, wind, and natural gas-fired generators during 2021. This change in expenses is a trend along with the rise in renewable energy technologies and the switch to cleaner generation methods. This report, aptly titled…

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Navigating Upcoming Energy Compliance Deadlines for US Commercial Landlords

The issue of energy compliance is currently under the spotlight as a growing number of US states, along with the District of Columbia, have enacted greenhouse gas legislation. These laws consist of a mandate for owners of particular commercial infrastructures which stipulates adherence to state energy standards and necessitates annual reporting of building energy consumption….

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NLRB Reversal Paves Way for Easier Union Representation in Construction Industry

In a move that has significant implications for employers in the construction industry, the National Labor Relations Board (NLRB) has issued a reversal of long-standing precedent, thereby making it easier for unions to represent employees without a secret ballot election. The decision, which has the potential to reshape traditional “9(a)” relationships, does not impact pre-hire…

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Western Australia Construction Legislation Update: Performance Security in Contracts Undergoes Critical Changes

In Western Australia, modifications in legislation have compelled key stakeholders in the construction industry to address the conditions related to performance security in all recent construction contracts for projects taking place in the region. The updated statutes impose new rights and duties relating to performance security and direct its utilization, availability, and return, notwithstanding the…

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Corporate Law Firms Flock to London’s Square Mile: The Growth and Intrigue of Legal Hubs

Renowned law firms worldwide have been shifting their eyes and offices to the heart of the City of London, an intrigue commonly referred to as law’s puzzling fascination with the Square Mile. Historically, there have been famous locations associated with specific industries, such as Fleet Street for newspapers, Wall Street and Canary Wharf for finance,…

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Real Estate and Construction Industry Insights: Key Developments and Emerging Trends

In an eye-opening development, former NFL star is making a foray into real estate. This news complements the overarching theme of the evolving landscape of the American property and construction industry. Turning the focus on trends outside of game fields can offer representatives of leading organizations insightful perspective into this expanding market. One of the…

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Navigating Digital Transformation: Safeguarding the Construction Industry in the Modern Age

As the wave of digital transformation shakes every sector, the construction industry is no exception. Today, technologies such as artificial intelligence (AI), advanced analytics (AA), cyber-physical systems (CPS), machine learning (ML), and robotics are driving a revolution in the industry, bolstering productivity, efficiency, and connectivity while enabling stronger service offerings. This digital shift, amplified by…

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