Newsletter I January 2024

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. 

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DISCA/CFMA/PWC/NJSA

Joint Membership

Meeting

Thursday, January 18, 2024

6:00PM - 9:00PM

Brooklake Country Club 

139 Brooklake Rd |Florham Park, NJ

Industry News

DOL Independent Contractor Final Rule Announced, Will Take Effect March 11

The U.S. Department of Labor announced Tuesday a final rule revising its interpretation of the Fair Labor Standards Act’s classification provision to determine whether a worker may be considered an independent contractor.

The final rule largely tracks the agency’s October 2022 proposed rule. It retains the multifactor, “totality-of-the-circumstances” framework for analyzing independent contractors’ status included in that proposal.

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Improving the Subcontractor Payment Process

The success of a complex construction project relies heavily on subcontractors deliver quality work on time. However, one persistent issue that continues to impact subcontractors is the timely and efficient payment process. This article explores various challenges subcontractors face and some of solutions that can help improve the payment process for subcontractors.

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Cutting Through the Complications of Cannabis Testing in the Construction Industry

Although drug testing is a proven deterrent, workplace cannabis testing has faced scrutiny and legal challenges since states began recreational legalization more than a decade ago. The impact of these challenges has complicated workplace cannabis testing for everyone, including construction management companies, as the use of cannabis products continues to increase. 

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What Is Your Equipment's True Cost?

Equipment, machinery and vehicles are essential tools to nearly all contractors and continue to be a significant expense on most of their income statements. Like labor and materials, the costs of purchasing and maintaining construction equipment have also been affected by ongoing supply chain issues and inflation. In fact, in the new 2023 Marcum National Construction Survey, 37% of construction companies say they may delay purchasing equipment because of interest rates. If the sticker shock and long lead times related to new equipment purchases are not bad enough, used equipment prices are also at an all-time high, and availability is spotty at best. 

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Events & Programs

DISCA | 1120 Rt. 73, Suite 200 | Mt. Laurel, NJ 08054

Phone: (856) 291-0252 | Fax: ​ (856) 439-0525

info@disca.org | www.disca.org