As President-elect Donald J. Trump starts to assemble a team of advisers to staff his administration, the construction industry is parsing his post-election comments for inklings about his priorities and plans when he takes office in January.

Industry executives like Trump’s ambitious infrastructure ideas but await more details. Says one contractor firm executive, “Trump says the right things, but will he follow through?” They also realize that—even in a Congress under Republican control, although with slightly diminished majorities—a long path lies ahead. One engineering firm CEO speculates that Trump “could be at odds with Congress even more than Obama.”

All sides expect the new administration’s regulatory policy to tilt sharply toward business interests’ point of view, including a pullback on Obama administration environmental and workforce-related rules. Groups that represent contractors and engineering firms support such prospective changes, but environmental groups and labor unions do not. Promised reversals of climate-change pacts and greenhouse-gas-emission curbs prompted Michael Brune, executive director of the Sierra Club, to pledge that groups will fight efforts to roll back rules. “We won’t be in a defensive crouch over the next four years,” he says.

A post-election statement by Robert Ivy, CEO of the American Institute of Architectsalso elicited a backlash from members, according to Architectural Record, ENR's sister publication,generating an apology from the group and plans for more dialogue with its community on issues.

随着行业消化选举结果,特朗普的基础设施计划是一个热门话题。他在选举后的演讲中说:“我们将修理我们的内城,并重建我们的公路,桥梁,隧道,机场,学校,医院。”“我们将重建我们的基础设施,顺便说一句,这将成为首屈一指的。我们将使数百万人民在重建时工作。”

Construction groups support that idea. Steve Sandherr, Associated General Contractors of America CEO, said, “We are eager to work with the executive and legislative branch to advance new infrastructure investments and identify and put in place sustainable, long-term and reliable ways to pay for them.” A spokesman for North America’s Building Trade Unions says, “Infrastructure is of supreme importance, not just to our membership but to the nation and our economy.”

特朗普首先呼吁制定一项基础设施计划,该计划将是“至少”的民主党候选人希拉里·克林顿(Hillary Clinton)的2750亿美元,五年的倡议。后来,他提出了一项1万亿美元的10年计划。但是,缺乏细节。

To clarify the plan’s financing, two Trump senior policy advisers, private-equity investor Wilbur Ross and University of California, Irvine, professor Peter Navarro, in an Oct. 27 report said it would involve private investment in projects with revenue streams, such as toll roads. They said a $1-trillion program would require $167 billion in private equity. To attract those dollars, the administration would provide tax credits of $137 billion. Ross and Navarro said the credits would be repaid by revenue from income taxes from workers on the projects and taxes on contractors’ profits.

But a more recent Trump team infrastructure statement clouds the issues of how large the plan will be and what types of projects it will include. A post-election posting on the web page for Trump’s transition discusses a $550-billion plan. Robert Murray, Dodge Data & Analytics vice president for economic affairs, suggests the figure may reflect a shortening of the time period to five years from 10. The new Trump statement also refers to only transportation infrastructure.

即使有了问号,基础设施投资的前景很大,在选举后的第二天,包括卡特彼勒,雅各布斯工程,弗洛尔公司和AECOM在内的第二天,一些工程和建筑库存也越来越高。

In a Nov. 9 note, Andrew Wittmann, lead construction industry analyst for investment firm Robert W. Baird Inc., said he was “incrementally positive” on E&C-sector stocks post-presidential election, “though not rushing in,” citing risks to industry firms of proposed protectionist policies and reduced support of alternative energy.

行业官员希望基础设施立法将突破国会山游击党的战斗。美国工程公司委员会政府事务副总裁史蒂夫·霍尔(Steve Hall)说:“随着国会的更高利润,这可能是他们实际上可以取得进展的少数共识问题之一。”

The American Association of State Highway and Transportation Officials wants the infrastructure proposal to include a “fix” for the revenue-challenged Highway Trust Fund, says Jim Tymon, chief operating officer. “But finding a way to come up with a bipartisan offset or a bipartisan way to pay for it is going to be more of the challenge,” he told reporters. Moreover, it is likely that Republican fiscal hawks will seek to hold down overall federal spending, which could harm some construction programs.

Some see possible tax-reform legislation as a vehicle for a trust-fund solution. The National Electrical Contractors Association would like to see a tax measure that includes repealing the estate tax and tax-rate reductions for smaller firms, says Marco Giamberardino, executive director for government affairs.

尽管共和党人仍将负责众议院和参议院,但共和党对联邦政策和立法的影响将不是绝对的,因为它缺乏参议院所需的60票,以确保立法和总统提名人不会被诉讼所阻止。

共和党人将51个参议院席位,民主党人s hold 48, including two Independents who caucus with them. That compares with a 54-46 Republican-Democratic/Independent pre-election split. The GOP, which won all but two Senate races rated as toss-ups, is expected to get a 52nd seat after votes are counted in a Louisiana runoff in December. One GOP winner in the Senate was incumbent Marco Rubio (R-Fla.), who bested challenger Rep. Patrick Murphy (D), son of the chairman of Coastal Construction.

The House will have 239 Republicans and 193 Democrats, with three races undecided. The breakdown now is 246-186, plus two vacant seats. In Florida, Republican Francis Rooney, chairman of construction firm Rooney Holdings, Naples, Fla., won his race for a U.S. House seat.

Trump’s election “has to bolster our efforts at revisiting these rules and scaling them back to a fairly significant degree.”
— Steve Hall, Vice President, Government Affairs
American Council of Engineering Companies

Industry executives predict that Trump will seek to cancel or ease Obama administration regulations. Industry targets include the “blacklisting” rule, which requires contractors to verify compliance with workplace-related statutes to qualify for federal work. Also on industry’s list is a rule revising compensation levels at which employers must pay overtime. Hall says Trump’s election “has to bolster our efforts at revisiting these rules and scaling them back to a fairly significant degree.”

AGC is seeking action on regulations mandating project labor agreements and paid sick leave and setting new limits on workers’ exposure to silica dust. AGC wants “significant changes, if not repeal” of the Affordable Care Act, a spokesman said. Trump pledged to repeal the law, but after meeting with President Obama, he said he wants a new health-care plan to retain some elements, such as a ban on denying coverage to those with preexisting health conditions.

But Gary Elliott, business manager for the Eastern Missouri Laborers' District Council, says regulations "are there for a reason," noting his concern that in the near future, deregulation of safety, such as the silica rule, will happen in the new administration.

能源公司也寻求监管改革。“With the oil and natural-gas industry facing 145 regulations or other policy-setting activities that could discourage production, preventing regulatory overreach should be a top priority,” said Jack Gerard, American Petroleum Institute president and CEO. One rule Trump probably will aim at is Obama’s Clean Power Plan, which seeks to curb power-plant emissions. Scott Segal, a lobbyist with the Bracewell Policy Resolution Group, said court challenges to the rule may succeed in blocking it, or the Trump administration could push new rulemaking. Trump also may revisit Obama’s decision to halt construction of a 1,900-kilometer segment of the Keystone XL oil pipeline.

在国外,有着美国利益的人密切关注这些变化。英国阿特金斯(Atkins)首席执行官Uwe Krueger欢迎私人项目融资的税收抵免,但指出需要“明确的政策建议”。

Others are more concerned. "Investors don’t like any degree of uncertainty, and the possibility of major change in political direction of the USA may well cause international investors to take stock and simply do nothing for a few months. This restriction of investment, even in the short term, will have an effect on construction as the number of projects being funded will fall," Ann Bentley, the U.K.-based global chairman of cost consultant Rider Levett Bucknall told ENR.

她补充说:“如果对进口贸易壁垒强加了,那么这可能的全球结果将是出口商将寻求更容易与其他地方合作的市场。”“这可能会导致全球材料和建筑产品的短期供应,因此暂时使美国以外的建筑成本限制了建筑成本。”新利18备用官网登录

Bentley also contends that if the Trump win gives rise to more "national movements" in Europe, many global construction firm attributes, such as scale, access to overseas expertise and financing, and the easy importing of labor and materials, "which were until very recently seen as advantages could now be considered distinct disadvantages for businesses."

But Trump's infrastructure push, with greater private investment in projects—if they occur—"will almost certainly attract international players—so that could be very positive for the global construction market," she points out.

“2016 appears to be the year of political decisions that will alter the fabric of the major markets we all work in.” Bentley saidin a bylined Nov. 9 opinionin U.K. construction publication Building.


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