Bulletins

FASB Issues Exposure Draft Outlining New Employer Disclosures Related to Multiemployer Defined Benefit Pension Plans The Financial Accounting Standards Board (the “FASB”) recently decided to issue a proposal that would amend U.S. Generally Accepted Accounting Principles (“GAAP”) to require employers to disclose in footnotes to their financial statements new quantitative

Every year the Department of Natural Resources and Environment (DNRE) identifies a proposed fundable range for State Revolving Fund projects; holds a public meeting, and then announces via a press release what the fundable range will be for the coming fiscal year. This week, the DNRE held the public hearing

The Michigan Laborers District Council (MLDC) recently informed MITA of the union’s changes in leadership. On August 4, 2010, the District Council elected Geno Alessandrini as the new Business Manager replacing Gary Jorgensen, and Alex Zurek, replaced Chris Chwalek as the Secretary-Treasurer. Chris is now the Laborers’ Abatement Coordinator. Attached

Legal counsel has notified MITA of recent changes to the standard employment application. This application has been updated and is now available for download at MITA’s website. The PDF file can be found on the “Legal Services” page or click here to download it now. If you have any questions, feel free

Yesterday, Gov. Granholm held a ceremonial bill signing for bills designed to bolster greater use of sidewalks and bike paths. Under the “Complete Streets” legislation (HB 6151-6152), road agencies would be required to consider efficient movement of people and goods by motor vehicles, bicycles and pedestrians in their transportation master

Michigan Distribution Contractors Association (MDCA) As of January 1, 2011, MITA is happy to announce that the association will begin representing the Michigan Distribution Contractors Association in all matters relating to that industry’s collective bargaining agreements. As part of this consolidation, MDCA will be dissolved and all three utility distribution

March 23, 2010 RE: Teamster Fringe Adjustments The following Fringe Benefits become effective April 1, 2010: Underground Construction: Counties of Wayne, Oakland, Macomb, Washtenaw, Monroe, St. Clair, Genesee, Shiawassee and Lapeer. Health & Welfare – $327.95 per week Pension – $46.20 per day with maximum of $231.00 per week Road Construction: Entire State Health

After years of work, MDOT, in conjunction with Industry, has posted an updated Traffic Regulating Instruction Manual. The system operations advisory instructs all traffic regulators and supervisors to read the manual. The Standard Specification is being developed. Click here for the updated manual. To read MDOT’s System Operations Advisory, Click

EPA and the government partners working on the Enbridge oil spill have received many calls from contractors interested in doing business with the response effort. Businesses currently working at the site are under contract with the agency to perform work under EPA’s Superfund Technical Assistance and Response Team (START) and