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Launches of liquid alts funds tripled from 2009 to 2013. [2]Major drivers for the growth in liquid alternative funds include: "The 2008 crisis has fundamentally changed investors’ priorities from a main emphasis on investment returns and alpha generation to an emphasis on diversification and downside protection (or principal preservation), especially in the case of a steep market downdraft" [3]
The Federal Aid Road Act, as the first federal highway funding law, was instrumental in extending and improving the country's road system. Prior to its passage (and for several decades afterward), the condition of many roads was deplorable; "They were often little more than trails that were muddy in the rain and dusty the rest of the time.
Sen. James J. Davis (R-PA) and Rep. Robert L. Bacon (R–NY-1), the co-sponsors of the Davis–Bacon Act. The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics.
The history of construction traces the changes in building tools, methods, techniques and systems used in the field of construction.It explains the evolution of how humans created shelter and other structures that comprises the entire built environment.
"50 Divisions" is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the United States and Canada. [5] Standardizing the presentation of such information improves communication among all parties.
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Cash and cash equivalents – it is the most liquid asset, which includes currency, deposit accounts, and negotiable instruments (e.g., money orders, cheque, bank drafts). Short-term investments – include securities bought and held for sale in the near future to generate income on short-term price differences (trading securities)
A small cob building with a living roof Porch of a modern timber framed home. Natural building or ecological building is a discipline within the more comprehensive scope of green building, sustainable architecture as well as sustainable and ecological design that promotes the construction of buildings using sustainable processes and locally available natural materials.