Category: Commercial Building

Changes in building regulations and statutes over the past decade added the most to the increase in regulatory prices. The upsurge associated with laws was around 6.1% of the final house price and 9.9% of a builder’s construction costs.
U.S. statistics on new home prices show that regulatory costs in an average home built for sale increased from $84,671 to $93,870. It is a 10.9% increase within five years between 2016 to 2021.
It illustrates how overregulation is …

Several states in the United States of America have ceased the weekly $300 federal pandemic unemployment benefits hoping that their unemployed people will now start heading back to work.
The officials of Associated General Contractors of America (AGC) pinpointed that firms that stopped the unemployment perks had an upsurge in the number of people searching for employment opportunities. Meanwhile, firms in other parts of the country are struggling to find qualified workers that they can hire. The said federal unemployment benefit will expire on the 6th of September 2021.
However, in Indiana and Maryland, judges just issued …

Louisiana’s law on open meetings stipulates that meetings by a public body in the state must be in public and within a period that lets the people voice out their comments. All votes must casted viva voce or orally rather than written. Additionally, votes must be recorded in the meeting minutes or another official procedure and made available to the community.
Unfortunately, a letter from the attorney general’s office in New Orleans emphasized that there might have been a violation of the abovementioned law during the open meetings for the $557M convention center contract.
The said project comprises renovations of…