DISCA News | Apr 2022- Scholarship Program, Topgolf Spring Social and MORE!

Newsletter I April 2022

The Drywall and Interior Systems Contractors Association (DISCA) Scholarship Program is open for the children or grandchildren of management employees of companies contributing to the DISCA Industry Promotion Fund (IPF).

The scholarships are to help defer the cost of college and other educational expenses for a two or four-year education at an accredited college or an accredited vocational school.

Download Application HERE

Industry News

Hurry Up and Wait: Bid Bond Claims Arising

From a Delayed Award

Claims on contractor's bid bonds are a risk to be prepared for now more than ever. Bid bonds protect project owners against the cost of rebidding a project if the low bidder does not accept the contract. But what if the owner's delays in selecting a contractor are the catalyst for the claim?

Ukraine and the Supply Chain:

Could Things Get Worse?

The global supply chain has taken multiple hits since 2020 and the advent of the COVID-19 pandemic. With contractors struggling with existing supplies, how will Russia’s invasion of Ukraine affect global transit and supply?

Construction Executive conducted an exclusive interview with Patrick Ryan, vice president America at Linesight, a consultancy firm that issues a quarterly commodity and materials cost report. Benefiting from a range of experience across the United States, Ireland, United Kingdom, France, Hungary and Middle East, Ryan discusses his insights on the developing situation in Ukraine, how it will affect the supply chain, and how to face these challenges in real time.

Data-Driven Safety On-Site:

Where the Industry is Now & the Potential for the Future

In the past few years, there has been an explosion in the types of technology available to contractors on-site. The potential to improve productivity and increase budget and schedule certainty are among the appealing benefits that these technologies have the potential to offer. However, one of the most promising areas that many of these new technologies can address is improving jobsite safety.

Tech Adoption Makes Construction Industry

Top Target for Cyberattacks

The construction industry is an increasingly appealing target for hackers. Recent examples include Bouygues Construction, a French contractor, falling victim to a ransomware attack in 2020. That same hacker gang, Maze, hit a Canadian construction contractor before its attack on Bouygues.

While large companies generate more revenue to attract hackers, small companies in the construction industry remain just as appealing targets for hackers, according to the NordLocker report.