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May / June 2019 Issue (Volume 52, Number 3)

Business Facilities

The May / June 2019 Issue looks at locations that are making foreign direct investment an economic development priority. Read: May / June 2019 Issue (Volume 52, Number 3) at BusinessFacilities.com. Plus, our editor's picks for tech hubs, and an exclusive interview with Louisiana Gov. John Bel Edwards.

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Dodge Momentum Index Increases in July

Construction Superintendent Magazine

2000=1000) from the revised June reading of 120.5. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. higher in July to 124.7

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Level 10 Construction v. Sea World LLC: Can Force Majeure Save Sea World?

Constructlaw

On June 8, 2020, Level 10 Construction, LP (“Level 10”), a construction company hired by Sea World San Diego (“Sea World”), filed a Complaint in California federal court alleging that Sea World is withholding over $3.2 In the Complaint, Level 10 alleged that Sea World has declined to issue payments until the Sea World park reopens.

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Home Sales Slow as Buyers Pull Back, but Not All Regional Markets Are Cooling Equally

Pro Builder

Low inventory has been an issue in the market, says Matt Fowler, executive director of Triangle MLS. Prior to the pandemic in June 2019, the Raleigh area had 10.8 In Manchester, New Hampshire, available homes are lasting a meager 8.5 So there’s less inventory visible, but you can [still] find and buy a house.”. New-Home Sales.

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No Free Warranty: Connecticut Court Adopts Correction or Repair Test

Constructlaw

Travelers Casualty & Surety Company of America (Travelers) issued the payment bond for the project. ALS’s subcontract permitted the DOT to hold back 60% of its payments to assure ALS would warranty the work, which ALS did with site checks performed between June 2019 and May 2020.

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NAHB Chairman Jerry Konter: Reflecting on 2022, Looking Ahead to 2023

Pro Builder

NAHB leadership also testified on Capitol Hill on a variety of issues affecting the housing industry, including workforce diversity and addressing supply chain bottlenecks. Economy In June, NAHB co-hosted the second Innovative Housing Showcase on the National Mall with the U.S. Department of Housing and Urban Development.

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EPA Rolls Back Proposed “Waters of the United States” Definition

Green Building Law Update

This September 12, 2019 final rule takes effect 60 days after publication in the Federal Register. This was a signature issue for the President in the 2016 election. To be clear what is being repealed was a proposed rule, but never went into effect. The 2015 Rule, and this new rulemaking effort, reflect the agencies’ efforts (.