'Illusory or Insufficient' Assets Pledged by Individual Sureties Can Be Catastrophic to Subcontractors or Suppliers
A coalition of key construction industry organizations urged the administrator for the Office of Federal Procurement Policy to require that assets pledged by an individual surety are real and readily available by modifying part of the Federal Acquisition Regulation requirements.
Knowing how to effectively negotiate can make or save a construction subcontractor more money on an hourly basis than anything else they do. A video-on-demand from the Foundation of the American Subcontractors Association, “Non-Negotiators’ Strategies for Negotiating Outstanding Results,” is helping subcontractors learn techniques to improve their results from any complex negotiation.
Construction subcontractors are learning about mechanic’s lien laws and how they can use them to protect their company from losses and get paid sooner with the new video-on-demand “Mechanic’s Liens: Protect and Collect” from the Foundation of the American Subcontractors Association.
ASA Vision: The American Subcontractors Association is recognized as the united voice dedicated to improving the business environment in the construction industry.
ASA Mission: The American Subcontractors Association amplifies the voice of and leads trade contractors to improve the business environment for the construction industry and to serve as a steward for the community.
ASA Values: The ideals and beliefs of ASA are ethical and equitable business practices, quality construction, a safe and healthy work environment, integrity and membership diversity.