OCA
to Host BIM & IPD Seminar
The American Institute of
Architects (AIA), the Ohio Chapter of the American Subcontractors
Association (ASA), and the Structural Engineers Association of Ohio
(SeAoO), and OCA have joined together to present a seminar on Building
Information Models (BIM) and Integrated Project Delivery (IPD). BIM &
IPD support creation of interactive digital assets that serve as the
mortar in the foundation of a new smart build culture that eliminates
much of the waste in construction. Presenting will be James Salmon, President
of Collaborative Construction Resources, LLC, an attorney who represents
several OCA members. The event will be held at OCA on Friday, March 18
from 11:00 a.m. to 1:00 p.m. Seating will be limited to the first 50
people. The cost will be $25 and includes lunch. For more details and to
get registered, click here.
Opportunities
in Transportation Safety
Join the Ohio Chapter of the American Traffic Safety Services Association
(ATSSA) on March 3, 2016 for Opportunities in Transportation Safety. This
Conference and Trade Show, at the Embassy Suites in Dublin, is a must for
those involved in the contracting, construction and traffic safety
industries. The registration brochure is available for download today at www.ohioatssa.com.
West
Virginia Becomes Right-to-Work State After Veto Override
West Virginia will become the
nation's 26th right-to-work state on July 1 after lawmakers overrode the
governor's veto of S.B. 1 on February 12th. The Feb. 11th veto by Gov.
Earl Ray Tomblin (D) was overturned by a simple majority in both
chambers: 18-16 in the Senate, 54-43 in the House. Republicans, who
control both chambers for the first time in 80 years, said the
measure—which prohibits companies from requiring workers to pay union
dues as a condition of employment—was needed to attract development and
turn around West Virginia's economic fortunes. Democrats, including
Tomblin, dispute that assertion, saying it will hurt unions and working
families. In his veto message, Tomblin said, “The issue of ‘right to
work' has been discussed for a number of years, but I have never had a
company cite ‘right-to-work' as a barrier to relocating to West
Virginia.”Click here to read more.
President Proposes Additional
Employer Withdrawal Liability
The Obama administration seeks
to address the deep financial problems of the multiemployer pension
system through a premium increase raised through two new premiums: one
for underfunded plans and one for employers withdrawing from plans.
In its fiscal year 2017 budget plan, released Feb. 9th, the
administration called for a $15 billion increase in multiemployer plan
premiums, tied to giving the Pension Benefit Guaranty Corporation's board
the authority to adjust premiums.
It proposes that the board create a variable-rate premium for underfunded
plans, already a feature of the single-employer program, as well as an
“exit premium,” to be assessed on employers that withdraw from a plan.
The exit premium “would compensate the PBGC for the additional risk
imposed on it when healthy employers exit,” according to the budget
documents.
The $15 billion increase in premiums would “nearly eliminate the risk of
the multiemployer program becoming insolvent over the next 20 years,” the
administration said in its budget proposal.
In a gesture reflecting what groups representing plan sponsors and policy
analysts have called for, the budget plan doesn't include an increase in
single-employer premiums. Such a move would be “unwise” and “would
unnecessarily create further disincentives to maintaining defined benefit
pension plans,” the administration said in the proposal.To read this
article in its entirety, click here.
|