This is a post from Jim Haughey's blog that covers the US construction industry.
Jim Haughey is the Chief Economist for Reed Construction Data and has over thirty years experience as a business economist, including twenty years monitoring the construction market. He has a Ph.D. degree in economics from the University of Michigan and has previously taught at the University of Michigan, Ohio University, Michigan State University and the University of Massachusetts.
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Construction Industry Forecasts
Notes from Jim Haughey - Apr 08, 2010
No final plan or timetable has yet been announced. New contracting rules will include all federal contracts not jut construction. So there are likely to be enough objections to delay implementation for quite a few months. As of now you should anticipate new procurement rules for federal bids late this year. New rules will likely apply to state and local government and nonprofit projects with federal financing.
Leaked information suggests that a database will be compiled scoring the social acceptability of the business practices of all potential bidders. Expect your public servants in Washington to contact you for details about pay, healthcare, retirement, sick leave, safety and environmental policies. The social scoring will apply to the whole organization not just the part of the organization that may bid on a federal contract. Materials, design, construction management and other organizations will be covered by the new rules if they want to continue bidding for public contracts.
