Bulletins
As you are aware, a federal tax provision has been in process to take effect January 1, 2012, requiring governments at all levels to withhold 3 percent of contract payments for goods and services, including construction. The Internal Revenue Service (IRS) issued proposed final regulations May 5 for implementation of
The proposal to scrap the Michigan Business Tax in favor of a 6 percent profits tax for “C” corporations is one step closer to reality, passing the House today on a 56-53 vote. MITA is once again asking industry financial experts to review the legislation and offer any feedback before
Clean Water Programs See Federal Cuts There has been final action on the federal FY 2011 Clean Water Appropriations bill and the infrastructure programs saw cuts in funding. According to the final bill, the Clean Water SRF will be $1.5 billion and the Drinking Water SRF will be $965 million.
TO: All MITA Signatory Contractors FROM: Michael A. Nystrom, Executive Vice President RE: Operating Engineers Pension Fund Rehabilitation Plan You are receiving this memo because you are on the MITA Labor List, which includes ALL MITA signatory contractor members regardless of union affiliation. You may have received a mailing from
TO: All MITA Signatory Contractors FROM: Michael A. Nystrom, Executive Vice President RE: Operating Engineers Pension Fund Rehabilitation Plan You are receiving this memo because you are on the MITA Labor List, which includes ALL MITA signatory contractor members regardless of union affiliation. You may have received a mailing from
MEMORANDUM TO: ALL MITA Power-of-Attorney Members for Utility Construction FROM: Michael A. Nystrom, Executive Vice President/Secretary RE: Table Agreement Reached with Laborers MITA has been successful in the negotiation of a five-year agreement with the Laborers District Council (click here to view Table Agreement). Once approved this new
3% Withholding on Public Work to Begin in January 2012 Public owners will begin withholding 3 percent of every payment to contractors for goods and services beginning in January 2012. Among the new law’s burdensome effects, contractor cash flow would be diminished and harm their ability to pay subcontractors downstream
MEMORANDUM TO: MITA Union Contractors FROM: Michael A. Nystrom, Executive Vice President/Secretary RE: Teamster Fringe Adjustments Underground Construction – Effective April 1, 2011: Counties of Wayne, Oakland, Macomb, Washtenaw, Monroe, St. Clair, Genesee, Shiawassee and Lapeer. Wage Adjustment – 10¢ / hour increase on each Zone and Classification.
Legislature Off to Quick Start: Elimination of PLAs, Prevailing Wage and MIOSHA Among Issues Being Discussed With Republicans now firmly in charge of both Houses of the Michigan Legislature and the governor’s office, policymakers are off to a quick start in recommending seismic changes to the way the state does
As many of you are aware, the applicability of prevailing wage on federal-aid projects as it relates to truck drivers has become an area of focus for both MDOT and US DOL. In an attempt to gain a better understanding of the federal rules that pertain to truck drivers, MITA
The Michigan Transportation Team (MTT) was honored recently by the East Central District of the Public Relations Society of America with a 2010 Diamond Award for its “Message in a Bottle” public affairs tactic. The “Message in a Bottle” was part of the MTT and DriveMI’s efforts to help win
This bulletin will serve as MITA’s annual reminder to our contractor members of the issue of tax liability on construction materials that are being incorporated in projects of tax-exempt owners. Contractors performing work for public agencies, churches and schools are often faced with this precarious issue. Many of these owners
