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eNews - June 2023

PSMJ's A/E/C Project Management Bootcamp


Are you ready to unleash the full profit-making potential of your Project Managers?


PSMJ's two-day Project Management Workshop is GUARANTEED to give you proven skills to improve project delivery, financial performance, and client satisfaction:

  • Master the 11 must-use parts of an ironclad project schedule
  • Avoid the 5 budget busters that put projects in a financial hole
  • Negotiate win-win subcontractor agreements
  • Seize opportunities for new revenue through upselling and cross-selling
  • Learn the PM “wow!” factors that turn clients into evangelists for your firm
  • Spot—and fix—issues before they become major problems
  • AND SO MUCH MORE!



ACEC Alaska is bringing PSMJ to Anchorage


September 26-27, 2023

BP Energy Center, Anchorage, AK


Registration is now open for ACEC Members

Register Here

Watch your email for registration to open for all industry members.

ACEC Legislative Report

John Walsh, ACEC Alaska Lobbyist


General Issues:

  •  The 1st Session of the 33rd Alaska State Legislature adjourned on the 121st day but was unable to agree on the FY2024 budget prior to the adjournment deadline. Governor Dunleavy issued a call for a Special Session beginning 10 am the next day.

 

  •  Through hurried meetings throughout the day, leadership in both bodies were able to craft necessary agreements along with a rather short list of budget amendments and take final floor action to enact the changes, pass the budget and adjourn. 

 

  • The budget will be transmitted to the governor for his review and any veto action. The state fiscal year begins July 1, 2024. 

 

 

  • The budget is intended to balance within the Department of Revenue oil price forecast of $73/barrel for FY24 and does not require withdrawal from the Constitutional Budget Reserve Fund (CBRF). The budget includes an appropriation for a $1,304.00 dividend ($881m in total). The budget includes a one-time appropriation of $174.8m for school districts. The budget was amended by the Senate Finance Committee to include $30m for school major maintenance and $30m for university facilities deferred maintenance.
View Full Legislative Report Here

ACEC Retirement Trust Shares the Wealth (of knowledge) regarding SECURE 2.0

On December 29, 2022, the passage of the SECURE 2.0 Act of 2022 resulted in some important changes to qualified retirement plans.


Qualified retirement plans are complex, but you don’t have to be an expert because that is the role of the ACEC Retirement Trust. Explore the resources below so you can be in the know regarding SECURE 2.0:

  • SECURE Act 2.0 and your 401(k) plan: What you need to know. This 1-hour webinar, presented by the Trust’s ERISA legal business partner – McDermott Will Emery LLP – provides administrative guidelines and insight into how this new bill impacts your 401(k) Plan.
  • SECURE 2.0 Checklist. Here are 10 key changes that require attention to ensure your 401(k) Plan remains in compliance.
  • ACEC RT Podcast How 401(k) Changes Impact Plan SponsorsExperts discuss the changes taking place in the 401(k) industry and how they will impact your firm and participants. Panelists: Jennifer Doss, Defined Contribution Practice Leader at CAPTRUST, the Largest Registered investment advisor in the country and CAPTRUST is also the Advisor to ACEC Retirement Trust; and Chris Anderson, President of DJ & A and Trustee to the ACEC Retirement Trust.


If you would like to learn more about the ACEC Retirement Trust, please visit the website and/or reach out by completing the short form. Sharing our wealth of knowledge by providing a top-notch 401(k) program is our overarching goal and we believe all engineering companies should have access to such a plan.

Upcoming Events

Building Partnerships Workshop


The Partnering initiative is a collaborative effort between the ADOT, PF and ACEC AK to improve working relationships and the delivery of Alaska transportation projects. The expected outcome of the Initiative includes the ultimate goal of providing a “team-oriented new way of doing business” by unifying even the most diverse teams.



Wednesday July 12th


By Invitation Only

PM Bootcamp with PSMJ in Anchorage



September 26-27th


BP Energy Center, Anchorage, AK


Registration is now open for ACEC Members

REGISTER HERE


Watch your email for registration to open for all industry members.

SMPS Member Event:

Little O'Malley Peak Trail Hike


Join us for a hike with amazing views!


July 20, 2023

4:00 PM - 6:30 PM


Little O'Malley Peak Trail

13101 Glen Alps Rd

Anchorage

REGISTER HERE