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Turner: Skilled-labor premiums offsetting minor materials cost decreases

Sources: Turner Construction Co., New York

The First Quarter 2016 Turner Building Cost Index, a key measurement of the U.S. nonresidential market, has increased 1.15 percent from the prior quarter to a value of 970. “The shortage of skilled labor is outweighing the impact of declining material prices,” says Turner Construction Vice President Attilio Rivetti, who compiles the Cost Index. “As the volume of work remains relatively high, we expect subcontractors to continue to be strategic in pursuits, ultimately resulting in upward cost pressures.”

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L.M. Scofield paves path to premium slabs for suitor Sika

Sources: Sika AG, Baar, Switzerland; CP staff

The Swiss parent of Sika Corp. has closed on a forerunner in value-added flatwork, billing Los Angeles-based L.M. Scofield Co. as “a 100-year-old, family-owned company long established as the number one brand of concrete color additives and decorative products in North America.”

Read more: L.M. Scofield paves path to premium slabs for suitor Sika

Contractor-led coalition sues Labor Department over union-biased ‘persuader rule’

Sources: Associated Builders & Contractors (ABC), Washington, D.C.; CP staff

A lawsuit ABC and other national or state groups have filed in U.S. District Court for the Eastern District of Arkansas challenges the U.S. Department of Labor’s final “persuader rule,” issued late last month. Officially titled Interpretation of the “Advice” Exemption, it revises the definition of what activities constitute “advice” and expands circumstances under which public reporting is required under the Labor-Management Reporting and Disclosure Act of 1959.

Read more: Contractor-led coalition sues Labor Department over union-biased ‘persuader rule’