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Materials prices soar 20% in 2021 despite moderating in December; most contractors in AGC survey list costs as top concern in 2022

Prices of construction materials jumped nearly 20 percent in 2021 despite moderating in December, according to an analysis by the Associated General Contractors (AGC) of America of government data released today. Association officials said contractors rate materials costs as a top concern for 2022, according to a survey predicting the... Continue reading

Developers compete to turn downtown Miami parking lot into potential multi-building mixed-use affordable housing complex

At least two developers have submitted competing proposals to build an affordable-housing complex on what is now a parking lot owned by the Miami Parking Authority (MPA). Commercial Observer (CO) reported on Jan. 19 that Miami’s largest condominium developer, Related Group and partner ROVR Development, is seeking approval to build... Continue reading

Legislation to set non-binding rules relating to reduce heat-related illnesses for construction industry

Proposed bipartisan legislation would introduce new rules to reduce heat-related illnesses and deaths for the construction industry and others with outdoor workers. However, the SB732 law doesn’t impose any penalties for non-compliance on employers. “The intent of this bill is to provide consistent standards for employers and employees on how... Continue reading

Florida Legislature reviewing statutes of limitation and repose, with different categories for different types of construction

A new bill has been proposed in the Florida Legislature that would amend the statutes of limitations and repose, greatly impacting construction defect litigation. “The original bill proposed to rewrite Fla. Stat. 95.11(3)(c) by completely eliminating the 10-year statute of repose for latent defects, instead requiring all actions founded on... Continue reading