Executive Director's Report

Is Payment by the 10^th Possible?  Our efforts to get subcontractors out of financing construction is making progress.  On Sept. 14^th at the Tower Club in Tysons Corner, a panel of Developers, GCs and Bankers will explain the payment process to see why it takes over 45 days for payment to be received by a subcontractor for work properly completed and invoiced.  Click here for more information about this event.   

2021-22 Annual Sponsorship Opportunities Now Available – Each year ASAMW offers a full year of SUBBY and event sponsorship opportunities bundled into money-saving packages.  The opportunities still available include:

Executive Director's Report

GCs’ Payment System – Your Association surveyed its GC Partners to see who uses which payment system.  Members may receive the results by replying to this newsletter.  Here is what we found out:

• Textura is used by Balfour Beatty, Donohoe, Gilbane, Moriarty (sometimes), Foulger-Pratt, Clark and WCS.
• GC Pay is used by Branch Builds, Forrester and Moriarty (sometimes).
• Other systems are used by Avalon Bay, Coakley & Williams, Henley, HESS, HITT, LF Jennings and Whiting-Turner.
  
  

ASAMW’s Board of Directors held its annual retreat to set goals for the 2021/22 year.  They established the following goals.  Your comments are welcome.

Executive Director's Report

SUBBY’s SOIREE – Congratulations to this year’s SUBBY Awardees.  All those nominated are winners, but those who were awarded the much sought-after iconic column are:

• Superintendent of the Year Josh Hooper, HITT Contracting
• Project Manager of the Year Steven Chen, HITT Contracting
• Great Team Award Clarendon West – Trammell Crow Residential,John Moriarty & Associates
• Industry Achievement Award Jonathan Mitz
• Subcontractor of the Year Goldin & Stafford
• General Contractor Partner Foulger-Pratt
• Professional Service Provider Marsh & McLennan / Insurance Associates
• 2021/22 President Award Michael Ritter, Jr.

ASAMW’s Board of Directors will hold its annual retreat next week to set goals for the 2021/22 year.  If you have any issues the board should address, please let us know.  Just reply to this email.  Last year, President Michael Ritter, Jr. led the board in accomplishing the subcontract addendum that is being circulated among GCs and Owners in the region, held many valuable sessions to educate and enlighten subcontractors on their rights, as well as promoting an aggressive legislative agenda.  Next year’s President, Chris Pappas, would appreciate your input on issues on which to focus our resources and attention. 

Executive Director's Report

Who, What to Bid – At the June 17 SIE, members only will discuss the GCs and Owners they bid.  Why is this an important function of ASAMW?  Ask yourself: are you bidding the jobs on which your company can best be efficient and profitable?  If not, are there others to whom you should be bidding?  These are important questions as we look at the positive outlook for future work in the DMV.  Members may click here for more information. 

Dodge reports residential, including high rise, is booming with over 100 percent more starts this April as compared to last April.  Non-residential starts are down nine percent for the month.  Year to date, residential is up 33 percent and non-residential is down 33 percent.  It will be interesting to see how the next few months compare to last year with the effects of COVID.