MESSAGE FROM THE PRESIDENT


June 30, 2025

The last day of June means today is the final session day the General Assembly will meet. That means a flurry of activity will play out in a span of hours as legislation moves from one chamber to the other, and perhaps back again, as final deals and decisions are made. Earlier in the year, the movement of legislation proceeds at what seems to be a snail’s pace. However, as we reach the final few days, and especially today, the very last, things move quickly.


One example of flawed legislation that recently passed both chambers and is on its way to the governor for signature is Senate Bill 63. This proposal places Delaware contractors in a financially and legally responsible position to police the actions of subcontractors in ways that are unfair, impractical, likely unconstitutional, and simply wrong. This impacts contractors of all sorts—union and nonunion, minority, small and large, and across every skilled trade imaginable.


Even worse is the chilling impact this would have on startup contractors with no proven track record. What general contractor in their right mind would take a chance on a new subcontractor? That’s why we are joining others in urging the governor to veto this bill.


There may be other bills we’ll push to have vetoed, so keep an eye out for our end-of-session recap that will be posted tomorrow.

News You Can Use

With this being a short week due to the Independence Day holiday, economic reports and company earnings calls will be noticeably light. We kick off key news tomorrow with a morning speech by Federal Reserve Chair Jerome Powell, along with May construction spending figures and June auto sales. On Wednesday, we’ll see the ADP employment data for June, and we’ll close out the week on Thursday with U.S. unemployment figures for June, as well as May factory orders and the U.S. trade deficit.


Progress Software, Constellation Brands and UniFirst are the only noteworthy earnings calls scheduled for the week.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

Celebrating its 50th anniversary this year, Bancroft Construction is a construction management, general contracting, design-build, preconstruction, and virtual design firm serving the Mid-Atlantic region, with offices in Wilmington, DE; Princeton, NJ; and Salisbury, MD.

In Case You Missed It


Delaware Business Now


Delaware Business Times


Delaware Online


Spotlight Delaware


WHYY

Upcoming Events

Leading Change in Challenging Times

Wednesday, July 16

11:00 am - 1:30 pm


CSC Station

112 French St., Wilmington

Networking Breakfast at the Brandywine Zoo

Tuesday, August 19

7:30 am - 9:00 am


1001 N. Park Dr.,

Wilmington

Evening Mixer at Thompson Island Brewing

Tuesday, September 2

5:30 pm - 7:30 pm


30133 Veterans Way

Rehoboth Beach

Facebook  X  Linkedin  Youtube  Instagram