CIC-BCA 2024 Fall Membership Meeting
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November 2024
H.V. Business, Construction Leaders Bullish on Region’s Economy in 2025
MIDDLETOWN, NY—A panel of business, banking and construction leaders agreed that the national and regional economies should continue to improve.
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Financial Management – Key Questions for Your Accountant To Answer as 2024 Comes to a Close
The 2024 presidential election presents a pivotal moment for the construction industry. Both Vice President Kamala Harris and former President Donald Trump propose contrasting tax policies that could reshape the financial landscape for construction firms and contractors.
Albany Update
ALBANY—New York announced on Nov. 12 that New York State had surpassed its 30% Minority- and Women-owned Businesses utilization goal for the fourth year in row—every year since the Hochul Administration took office.
Safety Watch – Energized Equipment With Lock-Out/Tag-Out Was Source of Fatal Accident
Construction companies using heavy equipment and machinery must recognize the hazards of stored energy when repairing or maintaining that equipment, and that the unexpected start-up or release of that stored energy can easily result in serious injuries and even death.
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New $75 Million Career/Tech Center In Newburgh Proceeds with PLA Pact
NEWBURGH, NY—New York State and City of Newburgh officials joined building trades executives and leaders of the Newburgh Enlarged City School District last month to break ground on the $75-million new Career and Technical Education (CTE) Center.
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MTA Seeks RFPs in Beacon for TOD Housing Near Station
NEW YORK—The Metropolitan Transportation Authority issued a Request for Proposals on Nov. 1 to transform a surface parking lot adjacent to the Beacon Metro-North Station into a residential development with about 300-units of mixed-income housing and replacement parking for commuters.
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Tutor Perini JV Wins $1.2B Design-Build Project
NEW YORK—The Port Authority of New York and New Jersey announced on Nov. 14 it had selected the joint-venture firm of Tutor Perini/O&G to design and build a new 2.5-mile elevated rail structure and three new stations to replace its existing AirTrain Newark on-airport mass transit system. The agency has now completed 80% of the procurement process needed to deliver a new modern, reliable automated people mover train system with this latest contract award in the agency’s multi-phase procurement process to replace the current outmoded AirTrain system at Newark Liberty International Airport.
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