Newsletter I October 2022

You are cordially invited to the 

Annual Membership Meeting

Thursday, November 3, 2022

Park Avenue Club

Agenda

     5:00PM - 6:00PM | Cocktail Hour

     6:00PM - 7:00PM | Dinner

     7:00PM - 8:00PM | Business Meeting

There is no cost to attend, but pre-registration is required.

Registration deadline: October 31, 2022

DISCA News

2023 Slate of Board Member

Nominees Announcement

During the Annual Membership Meeting, members will elect three (3) individuals to serve on the Board of Directors for a three-year term. Each member of the Association in good standing having one vote for each vacancy on the Board. The final Slate of Nominees are:

Joseph Donofrio

Interstate Drywall Corporations

Gerry McCarthy

B.J. McGlone & Co, Inc.

Stephen Lewis Component Assembly Systems

Subcontractor Strength Will Drive Industry’s Ability to Meet Demand, Overcome Challenges

Owners, developers and general contractors get a lot of notoriety for construction projects, especially in these infrastructure-focused times. However, the subcontractor is truly the one under the microscope, as this group requires the most care and attention to ensure the owners and operators are able to meet accelerating demand and public expectations.

The challenges in the current environment are many. Inflation and supply chain disruptions are highly detrimental to specialty trades in the mechanical, electrical, plumbing, drywall and other areas. Reports show that the construction industry, in particular, has seen an increase of over 20% in the cost of supplies and building materials in the last year alone and, in some cases, over 90% since the start of the pandemic. 

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Why Contractors Should Concentrate on What They Can Control Today

How to Confront Frustrating Realities &

Benefit from a Renewed Focus

The challenges that contractors faced in 2020 persisted throughout 2021 and continue to bog down many businesses and industries as we reach the midpoint of 2022.

Historically high inflation on the cost of materials, a tight labor market and global supply chain issues are the main concerns preventing businesses from operating within budgetary constraints and production schedules.

With no end in sight to these challenges, they have become the new normal.

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Cost Escalations Lead to More Disputes

Construction lawyers say price increases for labor and materials are causing friction between GCs, subs and owners.

As inflation grabs headlines and causes sweaty brows, construction input prices have risen even more, up 13% year over year, significantly higher than the overall 8% inflation rate. 

Now those price hikes are causing another kind of increase. Attorneys say the number of disputes between contractors, subs and owners over who should bear the higher costs is also growing

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How to Use Company Culture to Help Underperformers Shine

One of a leader’s thorniest problems is having a team member who’s oblivious about their substandard performance. Unlike disruptive employees who roil the workplace, underperformers are frequently pleasant and unobtrusive. But their behavior still negatively impacts their teammates in subtle ways.

Likeable underperformers frequently go unchecked because people avoid confrontation. Their coworkers will pick up the slack because they figure it’s faster and easier than convincing someone to do things differently. 

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

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