Aurora, IL – The Finishing Contractors Association of Illinois (FCAI) is proud to announce that Ryan Smith has been named the recipient of the 2026 FCAI Norm Hankes Award. The award was presented by FCAI Board President Bob…
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Planning to Retire, Sell Your Business or Close Your Doors?
Withdrawal liability can come as an unwelcome surprise when a contractor retires, sells a business or closes its doors. Michael McNally explains what finishing contractors need to understand before making a move.
Association Health Insurance Program
A few months ago, FCAI went out with a feasibility study to gauge interest in offering a health insurance program to our members. Ideally, this program would provide comparable coverage to what you’re offering to…
Illinois Prevailing Wage Alert: Missing Certified Payroll Deadlines Now Triggers Personal Liability, Debarment, and Costly Fines
The Illinois Prevailing Wage Act (IPWA) is a union-driven statute that imposes significant compliance responsibilities on construction contractors, developers, property owners, and public entities throughout the state. The law is notoriously complex, frequently amended, and…
Pension, Health and Welfare Reporting for October 2024
Pension Health and Welfare Board Meeting Oct 24, 2024 PENSION Assets as of 9/30/24 $468,867,000 Compared to 3/31/24 $443,386,000 and 3/31/23 $392,520,000 3rd Quarter earnings 5.1 % for the period ending on 9/30/2024 One…