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STA Subcontractors News
P resident ’ s M essage
In this issue of the newsletter, we explore a recent problem faced by one of our member subcontractors concerning non-payment. The subcontractor was owed $93,000 for a change order and $153,000 for retainage from a general contractor on a Queens bus terminal project for the Metropolitan Transportation Authority. Due to the efforts of our Association, we were able to work with the appropriate parties to ensure that the subcontractor involved in this project would be compensated for the work. Recently, the subcontractor received payment in full. In recent years, slow payment practices have taken a large toll on New York City’s subcontractors, resulting in significant price increases and fewer qualified contractors who can accept work. It is a big priority for the leadership of the STA to work with members to ensure that they are fairly compensated for the work that they perform. In the past, the STA has served as a valuable resource for numerous members resolving prompt payment disputes. Through consistent outreach, the STA is avidly promoting comprehensive policies and practices that will benefit construction industry subcontractors and suppliers conducting business in New York State. We are actively developing our relationships with all of the specialty trade associations in order to effectively improve and strengthen the subcontracting community. We hope that you will join us for our 44th Annual Construction Awards Night Dinner, to be held on Saturday, May 4, 2013 at 7:00 PM. The event will take place at Russo’s on the Bay, located at 162-45 Cross Bay Blvd, Howard Beach, NY. We will be honoring the accomplishments of several of New York’s distinguished construction industry leaders and professionals for their dedication to the construction trade. The STA is your advocate. Contact us with your issues and we will utilize our resources to help! Sincerely, Jerry Liss