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Bylt: News, Data & Analytics Team focuses on News, Infrastructure, Technology & Environments. Using data and analytics learn about financial risks and the historic infrastructure plans for the years to come.

Bylt: is launching it segment "Boots On The Ground" soon with a real life look at the amazing people of the U.S. construction industry that are building America through some of the most exciting projects.

Labor & Payroll

Whopping $87.5 million in grants going out to Registered Apprenticeships

THE BYLT TEAM Friday, March 19, 2021 1:37 PM

Per Department Of Labor All states are eligible to apply for State Apprenticeship Expansion The U.S. Department of Labor has announced an expansion of $87.5 million in grants to Registered Apprenticeships. Approximately $40 million…

PASSPORT™ NEWS

UK High Speed 2 Project: Using Recycled Wind Turbines for Reinforced Concrete

THE BYLT TEAM Tuesday, March 16, 2021 8:25 PM

The High Speed 2 project focuses on sustainable construction methods, which include the use of recycled wind turbines to make reinforced concrete. HS2 is a major railway project in the UK, which will connect 10 of the largest British…

Green & Passive

The WELL Health-Safety Seal: Certifying Safe Spaces Against COVID-19

THE BYLT TEAM Monday, March 15, 2021 3:41 AM

The WELL Building Standard focuses on creating indoor spaces that promote health and wellbeing, and is managed by the International WELL Building Institute (IWBI). In 2020, the IWBI developed the WELL Health-Safety Seal, as a way to…

MATERIALS & COMMODITIES

CONSTRUCTION MATERIALS & COMMODITY MARKET BRIEF

THE BYLT TEAM Monday, March 15, 2021 1:10 AM

BRIEF OPPORTUNITY FOR SOME CONSTRUCTION CONTRACTORS As most March contracts ended Tuesday it offers a short term window into lower forward pricing for most commodity based construction materials after seeing record highs on lumber…

LIVE: BLIZZARD FOR CONSTRUCTION PROJECTS IN COLORADO

THE BYLT TEAM Sunday, March 14, 2021 8:45 PM

Image from Bylt Team via EarthCam Penrose-St. Francis Health Construction Project - Colorado Springs, Colorado Mar 14, 2021 at 6:22 PM Temp: 30°F, RH: 78.20%, Dew Point: 24 °F

Regulatory & Compliance

How the $1.9 Trillion COVID-19 Relief Package Helps the Construction Industry

THE BYLT TEAM Friday, March 12, 2021 11:10 PM

On Wednesday March 10, the House of Representatives approved the American Rescue Act of 2021, which is also known as the COVID-19 relief package. The bill has many measures that will help the American economy recover from the pandemic,…

Green & Passive

LEED Certified Buildings in the US: Top 10 States in 2020

THE BYLT TEAM Saturday, March 6, 2021 4:33 PM

LEED has become one of the most popular green building certifications around the world, used in 181 countries as of early 2021. The first version was launched by the US Green Building Council (USGBC) in 1998, and the rating system has been…

Green & Passive

Benefits of the 26% Solar Tax Credit Extension: What You Need to Know

THE BYLT TEAM Friday, March 5, 2021 7:17 PM

During the last few decades, solar power evolved from an experimental concept to one of the fastest growing energy sources in the world. In 2020 alone, the US added over 90 gigawatts of new solar power systems, with an electricity…

2021 Construction Season: What Is the US Market Outlook?

THE BYLT TEAM Monday, March 1, 2021 5:23 PM

The coming months are expected to be particularly strenuous on contractors and subcontractors when projects pick up again. Due to the markets continuously getting more competitive and volatile it is predestined that subcontractors will go…

Equipment & Fleet

Melting Down Steel Price Trends and Forecasts for 2021

THE BYLT TEAM Monday, February 22, 2021 4:39 PM

As if we do not have enough concerning trends to watch and forecast there is now also tremendous port of entry backlogs. Freight ships are scattered throughout the outskirts of major ports. Unloading and logistics are strained and running…

Financial & Bottom Lines

LUMBER BRIEF

THE BYLT TEAM Tuesday, February 16, 2021 2:25 PM

Skyrocketing Lumber. According to AGGRECOST's analysts suggest that home sales and price in the United States have no indication of subsiding. Tremendous backlog demand of project in the "hold'' position have to be built and waiting for…

Regulatory & Compliance

INDEPENDENT CONTRACTOR OR NOT?….. We have new information for you.

THE BYLT TEAM Tuesday, February 16, 2021 2:18 PM

The new regulation poses the question of, “whether, as a matter of economic reality, the workers depend upon someone else’s business for the opportunity to render service or are in the business for themselves.”

IRS: Firms That Have Been Denied PPP Forgiveness; IRS Says Tax Credit Can Be Taken Instead

THE BYLT TEAM Tuesday, February 16, 2021 12:30 PM

companies have been denied forgiveness from the Paycheck Protection Program loan. However, are permitted to take tax credit corresponding to the number of proceeds utilized to pay employee wages.

Labor & Payroll