Saturday, April 13, 2019
The ACG's Tax-Related Advocacy Efforts
Greg Opinski is a California-based project management executive who, through his role as president of OP Development, Inc., has overseen the construction of projects with budgets ranging from $200,000 to $13 million. Earlier in his career, Greg Opinski was a member of the Associated General Contractors of America (AGC).
As the leading professional association for the construction industry, the AGC represents in excess of 26,000 firms and advocates on behalf of its members in areas such as risk management, safety and health, energy and environment, and tax. The AGC was a major proponent of the Tax Cuts and Jobs Act (TCJA), which was passed in Congress in December 2017 and reduced tax rates for businesses engaged in the construction sector. Prior to its passing, the industry faced a 31 percent effective tax rate, which was the highest among all industries, according to a Department of the Treasury, Office of Tax Analysis' 2016 study.
The TCJA has improved tax rates for construction firms, but some of its measures aren't permanent. For example, the 20 percent tax relief for pass-through businesses expires in 2025. The majority of construction firms qualify as pass-through entities and, as such, the AGC is advocating to make this deduction permanent. AGC is also hoping to repeal the TCJA's alternative minimum tax and estate tax.
Sunday, March 3, 2019
Overview of the Construction Management at Risk Delivery Method
As the project manager and estimator of Greg Opinski Construction Inc., Greg Opinski is responsible for estimating costs, creating work schedules, and finalizing contracts for remodels and new construction projects. When working with commercial projects, Greg Opinski offers different construction delivery methods to meet the needs of his clients and deliver successful results.
Construction Management at Risk, or CM at Risk, is one of the common types of delivery methods in construction which ensures that the project is delivered on time and within budget. A construction firm acts as a consultant and project manager with authority to hire and manage subcontractors, develop construction schedules, create project budgets, analyze cash flows, and close out contracts.
With the CM at Risk method, owners can take advantage of the full pre-development services offered by a reputable construction management firm without the risk of going over budget. The construction management firm commits to a fixed or guaranteed maximum price which reduces the liabilities incurred by the owner. Further, the construction manager will be accountable for the additional costs for any changes outside the initial agreement.
Saturday, February 23, 2019
Three Technologies That May Influence the Future of Construction
An established leader in the construction industry, Greg Opinski is the founder of Greg Opinski Construction in Merced, California. Mr. Opinski is also the president of OP Development, a company that has completed numerous commercial construction projects.
The construction industry is continually changing because of advancements in technology. Three potential technologies that may significantly impact construction in the near future are:
1. Construction robots. Robotic swarm construction is a technology developed by scientists at Harvard University. The robots have sensors that enable them to detect one another to facilitate work as a team.
2. Buildings that reduce pollution. “Vertical forests” are high-rise buildings designed to fight air pollution by having trees and shrubs incorporated into the building structure. The plants will filter the surrounding air and absorb carbon dioxide.
3. Transparent aluminum. Nearly as strong as steel, transparent aluminum looks like glass but is four times stronger. It is a bullet-proof metal created by lasers and made of aluminum oxynitride.
Saturday, February 9, 2019
Studies Suggest Golfing Offers Significant Health Benefits
Based in Merced, California, Greg Opinski is a construction management professional and the president of OP Development, where he oversees project superintendents and assesses the qualifications of all subcontractors. Aside from his professional responsibilities, Greg Opinski enjoys hobbies including flying planes and golfing. Golf provides a range of scientifically proven health benefits, some of which are discussed below.
According to research conducted at Harvard Medical School, male golfers from the ages of 48 to 64 who played two or three times each week over a period of 20 weeks experienced enhanced aerobic capacity, decreased abdominal fat, increased muscle mass, improved cholesterol levels, and accelerated weight loss. Studies completed by the Norwegian Golf Federation (NGF) also indicate that golf promotes weight loss and determined that during an 18-hole round, a male golfer burns approximately 2,500 calories, whereas a female burns about 1,500 calories.
A study conducted by the International Council on Active Aging demonstrated that golfers had an average increase in life expectancy of approximately five years. In this study, the mortality rates of Swedish Golf Federation members were compared with national mortality rates and indicated a 40 percent reduced mortality rate among golfers compared to non-golfers.
Monday, January 14, 2019
3 Facts About the Castle Science and Technology Center
Greg Opinski is a second-generation construction executive and the president of commercial real estate development company OP Development, Inc. Prior to this role, Greg Opinski founded a construction company focused on public works projects, and was responsible for building the Castle Science and Technology Center at the University of California, Merced.
The Castle Science and Technology Center (CSTC) serves the Merced community as a museum and place of hands-on learning exhibits for K-12 students. Listed below are three of the most interesting science experiences and exhibits on display at CSTC.
1. View Space. The View Space exhibit teaches students about the latest space mission developments and astronomy through computer-driven display. Other interesting space programs at CSTC include a planetarium, rocket construction exhibits, and simulated space flight.
2. Planet Polluto. This exhibit, hosted by the San Joaquin Valley Unified Air Pollution Control District, is meant to bring students’ attention to the dangers and effects of smog. The interactive exhibit is especially poignant since the San Joaquin Valley and the city of Fresno struggle to control air pollution.
3. Informational scavenger hunt. Students from grades 1 through 8 begin their experience at CSTC with a scavenger hunt. All scavenger hunt questions are written to align with the California state science and reading standards appropriate for each grade level.
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