July 12, 2017
Governor Brown has signed AB 92, the industry sponsored legislation which extends the 5% retention cap on public works projects for another five years.
The 5% retention cap is a significant policy for the construction industry and has an extremely positive impact on small and emerging construction businesses, in addition to freeing up capitol for large public works contractors.
By Shauna Krause, President, Capitol Services, Inc.
Our last inquiry is the longest as questions ‘multiply’ when contractors combine their ‘ventures.’ Rejection is always hard to take, especially when they are right. Another contractor must seek an ‘advantage’ and balance ‘risk vs reward’ as more is never less!...
By Shauna Krause, President, Capitol Services, Inc.
We all know what we know, think we know more and often have no clue what we don’t know! In the cases of these contractor questions for our expert, the unfortunate answer was no how, no way…
Q: I currently have a Sole Proprietor General Building (“B”) license that’s been Inactive for about three years now. I want to add the “C-8” (Concrete) classification to my license in order to obtain a separate Concrete license for a Partnership that I am starting with my business associate.