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Engineering News-Record
Companies seeking federal Paycheck Protection Program forgivable loans now have until Aug. 8 to apply, with legislation signed by President Donald Trump on July 4 extending the original June 30 application deadline.
There was $138.4 billion in PPP loan funding available at business close on June 30, the Small Business Administration reported.
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NJSME
On June 10 and June 24, the NJSME entered the world of virtual meetings and the feedback has been great!
The June 10 meeting featured presentations from NJDOT Local Aid and an expert on industrial/workplace hygiene who spoke about return to work precautions and mitigation in the current climate. The June 24 meeting included a presentation from NJDEP on the New Stormwater Rules and an expert panel featuring engineers, attorneys, business administrators and a Mayor who spoke about local government operations in these challenging times, including dialogue about handling outdoor dining and other related measures through ordinances, executive orders, etc.
If you missed these meetings, it's not too late! We have archived them for you. You can go to our website and follow the prompts to register. It will only take a couple minutes.
Upon registration and completion, you will be sent your continuing education certificate(s).
ConstructionEquipmentGuide.com
Gov. Phil Murphy's approval in late June of toll hikes for three major New Jersey highways are good for road infrastructure and a boost to the state's economy, according to top construction experts.
Murphy announced tolls would rise by 36 percent on the New Jersey Turnpike and 37% on the Garden State Parkway, according to news reports.
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Insider NJ
Gov. Phil Murphy and NJ TRANSIT President and CEO Kevin Corbett has announced that NJ TRANSIT's latest Locomotive Engineer Training Class has completed the final stage of certifications and requirements necessary to become locomotive engineers. The class of 14 trainees completed a rigorous 78-week long program and passed extensive testing, including a final exam of more than 800 questions.
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TAPinto
City officials announced Tuesday afternoon that its water main replacement project will continue this week, causing traffic closures in various locations. Replacing lines on a total of 15 blocks, the project will upgrade 7,000 linear feet of Hoboken's oldest water mains.
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Construction Dive
Now that moratoriums on nonessential construction have been lifted across the country, contractors are getting back to work with new protocols and provisions in place. One step that many companies have taken is to screen employees, subcontractors and visitors before they set foot on the jobsite for potential coronavirus-related symptoms.
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Engineering News-Record
Amid the economic turmoil caused by COVID-19, overall construction spending reached $1.356 billion in May, seasonally adjusted, according to a report released by the U.S. Department of Commerce on July 1.
The figure is 2.1% below April's revised estimate of $1.386 billion but 0.3% higher than the May 2019 estimate of $1.353 billion.
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Building Design + Construction
Last year, contractors used mass timber to construct an estimated 78 buildings in the U.S., representing 4 million sf of space. A comprehensive new report on the North American mass timber market projects that the number of mass timber buildings could double every two years. By 2034, there would be new demand for 12.9 billion board feet of lumber that would require the establishment of nearly 77 million acres of new forestland.
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ForConstructionPros.com
With many construction projects being put on hold indefinitely, it's apparent this pandemic will have even more significant implications in the construction and contracting business in the future.
These tips will help you mitigate risks and manage the impact of the coronavirus outbreak in the construction industry.
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