Published Nationally ®
Northeast Edition
November 20 2024 Vol. LXVI • No. 24
“The Nation’s Best Read Construction Newspaper… Founded 1957.” 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • www.constructionequipmentguide.com
Inside
National Attachments Celebrates 35 Years...12
More Than 1,400 Attend NYS Highway & Public Works Expo...16
A view of the work on the south utility tunnel.
By Chuck MacDonald CEG CORRESPONDENT
Total Wrecking Wraps Up Major Demo...22
Dulles Airport (IAD) sprawls across 13,000 acres in Loudon and Fairfax counties in northern
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Paving Section . . . . . . . . . . . . . . . . . . . . . . . . . .43-59 Trailers Section . . . . . . . . . . . . . . . . . . . . . . . . . .63-78 Snow & Ice Section . . . . . . . . . . . . . . . . . . . . .99-101 Auction Section . . . . . . . . . . . . . . . . . . . . . . .104-120 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . .113 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . .118
Virginia. It ranks fifth in land use among American airports. Outside of New York City, Dulles handles the most international traffic in the region, including approximately 90 percent of the traffic in the D.C. metro area. The airport
welcomed approximately 24 million passengers in 2019 with an average of 60,000 passengers traveling daily to more than 100 destinations. Dulles opened in 1962 and is named after see DULLES page 86
Depreciation Bonus Begins Phase-Out Contractors Should Take Advantage of This Fading Tax Provision By Lucy Perry
Adobe Stock photo
CEG CORRESPONDENT
Contractors who correctly apply the concept of bonus depreciation have the advantage of maximizing their tax benefits while the rate is still relatively high. In 2023, the fed began a gradual phase-out of this tax provision, which allows businesses to deduct a significant portion of the cost of eligible assets in the year these assets are placed into service. Understanding the ins and outs of depreciation takes some effort, but with it you can offset taxable profit. It works when you take into account the artificial expense Correctly depreciating construction equipyou’re incurring as your equipment ages and loses value. Plus, ment gives a contractor a more accurate see DEPRECIATION page 90
picture of their balance sheet, and the accurate value of the assets the business owns.