SBA Publishes Loan Necessity Questionnaires

After months of ambiguous and constantly-shifting guidance, the Small Business Administration (SBA) has finally published information hinting at how it will determine whether Paycheck Protection Program (PPP) borrowers certified in good faith that economic uncertainty made the PPP loans necessary. Back in May, SBA walked back what borrowers perceived as threats of prosecution for inadvertently making certifications of economic uncertainty, and provided safe harbors for loans under $2 million and for borrowers that made erroneous certifications in good faith. However, the clarifications remained vague. A recent announcement by the SBA suggests that it will be looking closely at a borrower’s performance after receiving the PPP funds, but it remains unclear what impact those factors will have on determining whether the borrower made its representation of economic uncertainty in good faith. Read more by clicking here.

Updated Cost Data Sheets

Effective December 1, 2020, the Sound & Communications Agreement and the Bay to Borders Residential Agreement have increases that will go into effect. Please be sure to use the updated cost data sheets on the Labor Agreements section oft eh website when bidding work in the corresponding jurisdiction.

Effective January 1, 2021, the Bay Area and Central Valley CE/CW Agreements have increases that will go into effect. Please be sure to download the updated cost data sheets for these agreements as well.

NECA Key Performance Indicator (KPI) Initiative

The construction industry is changing and the value of good data is invaluable. NECA has entered a strategic alliance with GoCanvas to meet NECA contractor’s data tracking needs and ultimately help mitigate risk.

Over 80% of the decisions made in the field and back office have little to no oversight, which limits contractors’ ability to measure successes and failures. The future of construction will be based on data and clearly defined Key Performance Indicators. Click here to learn more about this partnership.

Further, NECA will be hosting a webinar for members that will give the opportunity for attendees to engage with GoCanvas and the NECA Innovation Team. You can reserve a spot for this webinar by clicking here.

Governor Newsom Signs Priority Industry Bills

In the final hours of the 2020 legislative session, Governor Newsom signed all four of the priority bills sponsored by the industry this year. The measures will expand the scope of prevailing wage, stimulate electric vehicle infrastructure work – prioritizing the utilization of union electrical contractors and provide notice in all public agency bidding and contract documents when a skilled and trained workforce will be required. All of these measures will help increase union electrical contractor market share, and will benefit our industry for years to come. Click here for a brief summary of each measure.

NorCal NECA Welcomes New Member

The Chapter is pleased to welcome its newest Solano/Napa Division member, Alden Electric, Co. Your satisfaction is Alden Electric’s main priority. Since their business started, quality has been their main focus. BY working with the best materials in the industry and employing the most experienced and meticulous electricians, they are able to deliver solid and long lasting solutions for everyone. With over 20 years in the industry, spanning all forms of electrical including residential, commercial, industrial, solar and low-voltage, Alden Electric can provide all your electrical needs.

IRS COVID-19 Payroll Tax Deferral Guidance

Early last month, President Trump signed an executive order directing the secretary of the treasury to allow employers to defer the withholding, deposit and payment of a certain portion of social security taxes in light of the ongoing COVID-19 pandemic. The IRS has issued guidance implementing the president’s order. However, Notice 2020-26 still leaves employers responsible for collecting the tax from employees and for interest and penalties if the employers are unable to collect the tax after the deferral period. As a result, employers should carefully consider whether it is prudent to participate in the program. As always, NECA contractors are encouraged to seek competent local legal, tax and accounting counsel for specific questions and concerns related to the deferral of payroll taxes. Click here to read the full NECA Legal Alert.

Join NECA in Construction Safety Week

Each year, construction companies host Safety Week events to refocus and reenergize our efforts to eliminate all incidents on job sites. Safety Week is a show of force, an opportunity to work together and celebrate the incredibly hard work by people in our industry who make safety the foundation of everything they do. Learn more about joining NECA and the rest of the electrical construction industry in Construction Safety Week by clicking here.

Insurance Commissioner Approves Contractor EMP Rules

On Wednesday, June 17, 2020, the Insurance Commissioner announced his approval of our supported special regulatory filing to make rule changes to the California Workers’ Compensation Uniform Statistical Reporting Plan – 1995 (USRP) and the California Workers’ Compensation Experience Rating Plan – 1995 (ERP). The most significant portion of the decision was the approval of the regulations that would exclude COVID-19 claims from a contractor’s experience modification rate (EMR). These proposed regulations were of critical importance in protecting contractors from significant increases in their EMR related to COVID-19 incidents. A copy of the decision can be found by clicking here.

NECA Convention 2020

For those who are interested in attending this year’s virtual convention, we encourage you to register prior to the rate increase. Click here to register with your individual ID and last name. If you should have any questions, or need assistance, please contact Jenny Fothergill with the Chapter office.

ELECTRI Releases COVID-19 Productivity Report

ELECTRI International released Pandemics and Construction Productivity: Qualifying the Impact, a critical report on the impact of COVID-19 on cost and schedule in the construction industry. The report evaluates activity from January 6, 2020 through May 8, 2020, tracking pandemic mitigation activity, benchmarking productivity and assessing the impact on businesses and projects. View the initial findings of the report, overview videos and useful resources by clicking here.