As the economy goes, so too will the construction industry. It always helps to learn about economic trends and their likely impact on construction. Niladri Sannigrahi is the Senior Director of Product Management at Liberty Mutual Surety, and his passion is economics. He'll join The Huddle to talk about interest rates and their impact on developer-driven construction, the likely impact of the 2024 election on the construction economy, and many more topics to help you plan for what's ahead.
In this episode, we'll debunk myths around government contracting, navigate the challenges of transitioning from commercial to government work, and uncover hidden opportunities in this dynamic sector. The stories and insight provided by Eric Coffie, founder of Govcon Giants, promise a thought-provoking journey into the world of government contracts. Join us for an enlightening conversation that might reshape your business strategies!
For any business, cash is crucial to health and success. Employees and vendors must be paid, or the whole thing comes to a halt. Contractors, in particular those who must purchase materials for installation, face a high-risk environment dependent on their customers’ timely pay. Scott Peper from Mobilization Funding has a front-row seat to the unique cashflow challenges faced by contractors, and he joins The Morning Huddle to discuss the topic and share strategies for maintaining a healthy cash position.
$7M in baby boomer businesses will sell by 2030. Many of those will be building contractors. Whether you’re in the market to sell or potentially buy one of these firms, or you simply want to understand the changing ownership landscape of the construction industry, join us for this episode. We have Eric B. Pacifici, Partner with SMB Law with extensive experience with acquisitions joining us for the discussion. He is leading small to mid-sized businesses to get smart about buying and selling in this dynamic market.
Economic uncertainty has become normal for all of us. Contractors who are busy today are just waiting for the music to stop. While nobody can predict economic conditions with certainty, smart companies pay attention to the trends and plan accordingly. Nobody may be better at reading the tea leaves for the construction economy than our guest, Anirban Basu.
Anirban joins The Morning Huddle a second time for a fun and enlightening discussion about the latest economic trends impacting the construction industry.
Join The Morning Huddle for a timely discussion about laws governing how we hire and pay our construction workforce.
Workers are misclassified as 1099 when they should be legally W-2. Subcontractors are hiring labor subs to augment their workforce or, in some cases, to replace them altogether. These labor subs have a varying level of commitment to following the law, and now their prime subs and GCs are on the hook for their mismanagement.
Millions of dollars of penalties have been paid by contractors in the Metro DC region. Attorney General Karl Racine's office appears to be committed to pursuing more wage theft infractions in the city.
No matter where you live, take the time to hear from Hillary Ghent about how Davis Construction has reacted to the heightened focus on this issue and the recommendations they have for the entire subcontracting community to achieve compliance in a manageable way.
Topic: Economic Trends Impacting Construction in 2022