September 2024

Financial Management – Employee Retention Credit Processing Updates: Here’s What Construction Firms Need to Know

Did you apply for the Employee Retention Credit over the last few years only to face daunting delays? ERCs were a refundable tax credit introduced by the U.S. government to help businesses keep employees on their payroll during the COVID-19 pandemic, as part of the Coronavirus Aid, Relief, and Economic Security Act from March of 2020.

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City Voters Delivered $4.2B Green Bond Act; But Funding Formulas Steer Dollars Upstate

NEW YORK— Expecting to see green, New York City officials are seeing red instead.
Approved by voters statewide in 2022, the Clean Water, Clean Air and Green Jobs Environmental Bond Act allows the state to borrow $4.2 billion to pay for big projects, such as stormwater and wastewater systems, green buildings, coastal protections and electric school buses.

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Feds to Provide $3.8M to Help Build IBEW Offshore Wind Training Facility

WASHINGTON—As employment opportunities in the sustainable energy sector advance, elected officials representing New York State announced $3,828,000 in federal funding for the Educational and Cultural Trust Fund of the Electrical Industry to help establish a Global Wind Organization onshore and offshore wind safety training facility in Walden, NY (Orange County) to train New Yorkers for careers in clean energy.

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State Certifies 31 New Climate Smart Communities

ALBANY—The latest round of communities to achieve certification as part of New York State’s Climate Smart Communities Certification program, which supports local efforts to meet the economic, social, and environmental challenges posed by climate change were recently announced. As part of the latest certification round, a total of 31 local governments were recognized for taking action to mitigate and adapt to climate change as New York State celebrates the 10-year anniversary of the Climate Smart Communities Certification program.

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Safety Watch – Firm’s Well-Crafted Safety Plan Proved Worthless, Leading to OSHA Fine for Willful Repeated Risk

Although the decision of Secretary of Labor v. Trinity Solar, LLC specifically pertains both to the use of hard hats and fall arrest systems necessary for the protection of workers, this decision is another reminder that a company’s safety program is only as good as how strictly it is complied with and enforced.

Safety Watch – Firm’s Well-Crafted Safety Plan Proved Worthless, Leading to OSHA Fine for Willful Repeated Risk Read More »

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