NAHB to head review process for green standard
Development of the 2012 edition of the National Green Building Standard (NGBS), ICC 700, is now under way, with members of the consensus committee and the seven task groups officially appointed on Feb. 25.
Initiated originally in 2007 by National Association of Home Builders (NAHB) and the International Code Council, the 2008 version of the NGBS was developed by a 42-member consensus committee and approved by the American National Standards Institute (ANSI) in January 2009, making it the first point-based rating system for green residential construction, remodeling and land development to be approved by ANSI.
As an ANSI-approved standard, the document is subject to periodic updates to ensure that advances in building codes, technology and other developments can be considered for incorporation. The NAHB Research Center is overseeing the development of the 2012 edition. Members of the 2012 NGBS consensus committee include government representatives, product manufacturers, users of the standard — including home builders and building managers — and other affected industry stakeholders.
The first meeting of the consensus committee and task groups will take place on March 29 to 30 at the National Housing Center in Washington, D.C.
1099-expansion rule moves closer to repeal
The U.S. House of Representatives voted 314 to 112 on March 3 to repeal Form 1099 reporting requirements that would create a mountain of paperwork for small businesses. The requirement, passed last year as part of the healthcare bill and scheduled to start in 2012, would require businesses to file an IRS Form 1099 for each vendor they purchase $600 in goods or services from in any given tax year.
The House repeal, called the Small Business Paperwork Mandate Elimination Act of 2011 (H.R. 4), would strike all new expanded IRS Form 1099 reporting requirements for small businesses and owners of rental real estate. The measure would make up for lost Treasury revenues by reducing any overpayments in health insurance exchange subsidies established under the new health care law.
Market Recap: RISI Crow’s Construction Materials Cost Index
A price index of lumber and panels used in actual construction for March 4, 2011
*Western – regional species perimeter foundation; Southern – regional species slab construction.
Crow’s Market Recap — A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report.
LUMBER: A greater presence by China within the SPF market at midweek influenced a few prices by firming them and prompting quote hikes by Thursday. In response to more limited demand, the rate of price increases for Southern Pine dimension lumber subsided. Retailers purchased moderate volumes, while treaters purchased less often. Dry Doug Fir and coastal Hem-Fir pricing was mostly flat, with some upward moves showing up in 2×4 through 2×8 #2&Btr. Struggles to move off what little green Doug Fir volumes were available forced lower prices early, but buyers showed more interest by Thursday. Improving weather is combining with good offshore activity to keep Inland species lumber prices firm and operating on a gradually upward trend line. Prices do continue to operate in narrow spectrums, with demand insufficient to drive numbers firmly higher. Ponderosa Pine Mldg&Btr has pushed upward and Shop remains tight in all #2&Btr items, adding another $5 to its previous level. Improved weather in the East, combined with limited production levels in all producing areas, has kept most 4/4 boards either stable or moving up. Sugar Pine is extremely scarce, and a spread has developed between it and Ponderosa. Radiata Pine Mldg&Btr has begun to show a surging upward movement, both 5/4 and 6/4 pushing up sharply. Eastern White Pine is beginning to show the increased inquiries that accompany improved weather. No hint of additional demand for Western Red Cedar in the field telegraphed back to mills. Yards often awaited more sales to downstream customers before returning to the market to fill needs.
PANELS: Western Fir plywood producers continued to look for buyers by dangling discounted prices. Greater CDX volumes were sold in the latter half of the week, firming those prices. A dormant beginning budded on Wednesday and bloomed Thursday after Southern Pine plywood producers lowered rated sheathing prices both to see if there was any interest and in response to scant order files. The situation in OSB is best described as being "spot markets" across the continent. All markets show some weakness, but some "spots" reveal real producer needs and strong discounting. Canadian plywood mills continue to stand pat on the baseline mark of C$304 for 9.5 mm CSP delivered into Toronto, but discounts off that mark have been easily found, as well as some sales above that level. Particleboard and MDF price changes have been non-existent in both the South and West, as both producers and their customers adjust to the major changes that have recently taken place.
Source: RISI’s Crow’s Weekly Market Report
For more on RISI, click here.