Tax Reform Impact on Construction Industry a Positive
Congress recently passed the most significant tax reform legislation since 1986. The tax reform legislation will have a positive impact on architecture, design and construction companies in North Carolina and South Carolina as key provisions of the legislation will converge to drive business investment, employment and wages. “The vast majority of construction companies will benefit…
Tax Reform and the Impact on the Design and Construction Industry
President Donald Trump and Congressional Republicans released a plan for tax reform, entitled Unified Framework for Fixing Our Broken Tax Code. The impacts of the proposed tax reform will have impacts on the design and construction industry. The proposals face significant scrutiny and debate before actual legislation is addressed by Congress. Leading democrats wasted little time…
Choate Construction Becomes Employee-Owned
Choate Construction Company recently announced that it is transferring beneficial ownership to its employees. The commercial construction firm has become 100% employee owned via the newly created Choate Employee Stock Ownership Plan (ESOP) Trust. “Choate is a tight-knit family, and we truly care for each other. We were solicited continuously over the years by larger…
Churchill Stateside Group Funds to Finance over $390 Million in Solar Projects
Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the closing of three tax credit equity funds for the development of over 140 megawatts of solar energy across ten projects located throughout North Carolina, Idaho, and Oregon. Since 2012, CSG’s tax credit equity funds and debt…
FMI Releases the 2016 Executive Compensation Survey
FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the publication of its 2016 Executive Compensation Survey. The survey includes data from 71 companies representing over 3,400 executive and business unit employees across 64 positions within U.S. engineering and…
CFMA Presentation of The Release of a Report on an Analysis of Construction Projects with Federal Agencies and the Cause of Disputes
The Construction Financial Management Association (CFMA) held a press conference in Washington, DC, to release the findings of their report, which examines the extent to which courts attribute fault to contractors as opposed to government agencies when disputes arise and are adjudicated. Public opinion often concludes that cost overruns and chronic delays are frequently the…
