LEGAL & COVID-19 UPDATE
BY: MICHAEL MCNALLY & KATHLEEN COLLINS
Withdrawal liability is a topic that baffles many contractors and frustrates all contractors. It is technical and complex, but contractors can benefit from a general understanding.
Why should a contractor know about withdrawal liability?
Buying and Selling: If you are looking at buying, acquiring an ownership interest, or selling, it is important to how withdrawal liability impacts you.
Building and Construction Industry Exemption: Many contractors are under the impression that because they are in the building and construction industry, unless they decide to become non-union they would never have exposure to withdrawal liability because of the building and construction industry exemption.
Future: While the NW Sheet Metal Pension is very well-funded and managed, employers also contribute to the Sheet Metal Workers, which is in Endangered status.
Learning Objectives:
- Contractor understanding of withdrawal liability
- Buying and selling liability
- Building and construction industry exemption
- Future liability of pensions
- EEOC guidance for COVID-19 vaccine and the workplace
Tuesday, April 20 at 10:30 am
PPP PART II AND ASSOCIATED BUSINESS OPPORTUNITIES
BY: MICHAEL MCLIN
The federal appropriations and COVID-19 Omnibus Bill enacted in December 2020 included a variety of legislation intended to help businesses survive the pandemic. This program will explore the new legislation and some potentially lucrative opportunities for businesses to inject government sponsored cash into the business. The program will provide an overview of the bill’s provisions relevant to business owners and your employees. Participants will explore the employee retention tax credit—a very lucrative opportunity for many contractors. They will also evaluate additional stimulus, including extended unemployment insurance and direct stimulus payments.
Learning Objectives:
- Explore FFCRA extensions on payroll tax credits and deferrals
- Understand changes to the PPP program part 1 and the opening of part 2 for additional funding
- Understand changed to the EIDL grant program
Thursday, May 13 at 10:30 am
RESEARCH, RELAUNCH, AND RECOVER
BY: DEWAYNE ABLES
How to quickly deploy your leaders to uncover the changes in your marketplace, prioritize, and make progress emerging from the COVID-19 disruption.
February 2020: Everything is running as expected, the economy is continuing to expand, your project volume is high… planning and deploying teams was relatively simple. Then, our industry and company leaders we’re given yet another significant challenge: COVID-19.
Unlike other market and social disruptions, COVID-19 has significantly changed the trajectory of markets that were expanding and has triggered others to emerge.
Which ones do you pursue? Which ones do you stop pursuing? What do you need to know to better prioritize your business development efforts the next 6-12 months?
Learning Objectives:
- Assess how client needs have changed
- Understand how projects will likely change
- How to prioritize clients, opportunities, and markets
- Innovate solutions to better serve your partnerships
Wednesday, June 16 at 10:30 am
