Punch List: Biden-era PLA mandate upheld, prices rise and Skanska delivers healthcare project
Construction Dive
AI SUMMARY
A federal court upheld the Biden administration's project labor agreement mandate, meaning prevailing wage requirements will continue on federal construction projects. Turner Construction's latest forecasts project construction costs will rise nearly 5% year-over-year, driven in part by these labor agreements and other market factors.
FROM THE ARTICLE
Federal project labor agreements are here to stay, Turner sees costs going up nearly 5% year over year and more of this week’s news for builders.
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