Published Nationally
Southeast Edition
® November 27 2024 Vol. XXXVI • 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
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Inside
DeAngelis Diamond photo
NCDOT Engineers to Rebuild Gap in Key Highway Bridge...8
Liebherr USA Co. Holds North America Sales, Training Seminar...26
By Cindy Riley
Case CE Supports Team Rubicon Hurricane Helene, Milton Relief...78
Construction crews in Florida are working on a terminal expansion at Sarasota Bradenton International Airport (SRQ) that will better serve passengers by easing overcrowding. Connected to the east end of the ticket wing, the terminal will cover 75,300 sq. ft. and will include a four-lane CEG CORRESPONDENT
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Paving Section . . . . . . . . . . . . . . . . . . . . . . . . . .36-53 Trailers Section . . . . . . . . . . . . . . . . . . . . . . . . . .55-67 Auction Section . . . . . . . . . . . . . . . . . . . . . . . . .90-93 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . . .92 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . . .94
security checkpoint and five boarding hold rooms with 970 seats. “The need was created by the unprecedented passenger growth,” said Rick Piccolo, SRQ president and CEO. “In 2018, around 1,300,000 passengers went through the airport on six airlines and 12 nonstop destinasee SRQ page 44
Depreciation Bonus Begins Phase-Out Contractors Should Take Advantage of This Fading Tax Provision By Lucy Perry
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 federal government 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. Adobe Understanding the ins and outs of depreciation takes some Stock effort, but with it you can offset taxable profit. photo It works when you take into account the artificial expense you’re incurring as your equipment ages and loses value. Plus, Correctly depreciating construction equipcorrectly depreciating your equipment gives contractors a more ment gives a contractor a more accurate accurate picture of their balance sheet. That picture, in turn, picture of their balance sheet, and the accuCEG CORRESPONDENT
see DEPRECIATION page 72
rate value of the assets the business owns.