Optimizing the Flow of Money: Final Report
The Alberta Construction Association received its final report on ”Optimizing the Flow of Money” – Best Practices at its recent Board of Directors meeting in June 2018. The uniqueness of this Workshop was not only engaging all OAEC partners (Project Owners, Architects, Engineers, and Contractors i.e. General Contractors, Subcontractors, Sub- Subcontractors and Suppliers), but engaging […]
ACA Moves Forward on Prompt Pay
On April 6th, the ACA Board discussed prompt pay and a motion unanimously approved which calls for the following: “ACA proceed as follows on Prompt Pay: Advocate the Provincial Government to initiate a 3rd party review of the entire project chain including consultants for the construction industry in Alberta”. ACA has been addressing the prompt […]
“Made by the Industry for the Industry” – Optimizing the Flow of Money
On Oct 25 & 26, 2017, the Alberta Construction Association sponsored Part II of the “Optimizing the Flow of Money” Workshop hosted by its partner Associations, Calgary Construction Association and Edmonton Construction Association. All participants reported on the flow of money processes in their operation that they spent the summer/early fall reviewing for efficiencies. With […]
Small But Mighty
The Alberta Construction Association in partnership with the Edmonton Construction Association held the second “Optimizing the Flow of Money” Workshop on June 21st. Though the group was small, it was mighty in its open and frank dialogue! Whole team discussions were held in a “safe environment” between all stakeholders where many had never looked at […]
Alberta Infrastructure Reports on Prompt Payment Contracts
Alberta Infrastructure (AI) released their fourth quarter report of contracts management and prompt payment on May 25, 2017. For the production of the contract related information in this report, AI pulled from their contract management system the number of contracts awarded during the quarter and noted the payments made to those contracts. At this time […]
ACA members have their say on prompt payment
In November we asked our members their opinions on prompt payment legislation. Those that filled out our survey were very clear where they stood on this important issue. Thank you for taking the time to register your comments. If you have any additional comments or suggestions please do not hesitate to contact our office so […]