DISCA News | Apr 2023 - Scholarship Applications, DISCA CARES and MORE!

Newsletter I April 2023

The Drywall Interior Systems Contractors Association, Inc. of New Jersey (DISCA) has a Scholarship Program 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.

Scholarship Application

The DISCA CARES Program provides financial support to Contractor members of our association in times of financial crisis. DISCA CARES (Caring Action Relief (in) Emergency Situations) is a financial assistance program to help the employees and families of DISCA Contractor member companies who have experienced a major illness, accident or hardship beyond their insurance and financial capabilities.

What You Need to Know to Take Advantage

of the Inflation Reduction Act

The recent Inflation Reduction Act (IRA) offers asset owners and contractors considerable financial incentives for building qualified clean-energy projects. There are two main components to the IRA: apprenticeship utilization and the prevailing wage requirement. If these project requirements are met, the base credit increases from 6% to 30% for each project–and it brings more skilled workers into the industry at a time when they are desperately needed. This is outstanding motivation to get things right!

To be successful, it is critical to understand upfront what workforce data needs to be collected to stay within guidelines of the IRA. Also key is the ability to ease the reporting burden on construction teams by automating data collection processes. Doing so ensures the right metrics are captured to remain in compliance.

The Top 4 Construction Buzzwords for 2023

What is the next big thing in construction? What do precon teams need to be preparing for? Although inflation, material costs, supplies and the labor shortages are still predicted to be a big problem for contractors in 2023, there is light at the end of the tunnel. According to all the industry reports released so far this year, there are quite a few trends in the construction industry to look forward to.

Heading to Arbitration?

Here’s What You Should Know

If a dispute is not solved by mediation, arbitration is often the next step in the dispute resolution process. Many standard construction agreements, including the AIA’s, include a provision providing for arbitration as an alternate dispute resolution process. There are many benefits to arbitration versus the traditional litigation process. All parties to the agreement should be aware of how arbitration works as well as the benefits of complying with the agreement’s arbitration provision.

Events & Programs