A SMART DEAL FOR DENVER Urges Voters to
Transcription
A SMART DEAL FOR DENVER Urges Voters to
NEWS & VIEWS I S S U ES A FFEC T IN G PL UM BE RS, PIPE F ITTE RS & HVAC&R PROFESSI ONALS of COLORADO P R O UDLY A F F I L I AT E D W I T H CAMPC FALL 2015 A SMART DEAL FOR DENVER Urges Voters to Invest in the Region’s Future – With No New Taxes On August 5, 2015, nearly 200 neighbors, business representatives and labor leaders filled the Stadium Arena at the National Western complex to launch A Smart Deal for Denver, a campaign mobilizing Denver voters to support Measure 2C to invest in the region’s future – with no new taxes. Denver Mayor Michael Hancock and House Majority Leader Crisanta Duran rallied supporters at the historic arena to layout the vision that will connect Colorado’s proud agriculture heritage to a future of innovation, new business development, and stable economic growth. A Smart Deal for Denver seeks voter approval to create the National Western Center (NWC), a year-round space for education, recreation and entertainment that will be the permanent home for the National Western Stock Show held each January. The ballot measure will also upgrade technology and expand meeting spaces at the Colorado Convention Center to meet growing demand and increased competition in the convention industry. Denver voters will be asked to maintain an existing 1.75 percent tax on hotel rooms and car rentals that is set to expire in the coming years, in order to make enduring investments in these two cornerstones of regional tourism. The National Western Stock Show, commonly referred to as the “Super Bowl of stock shows,” attracts farmers and ranchers from around the world each January to learn about advancements in agricultural and livestock management. The National Western Center (NWC) will be a complex of multi-use venues, which will host entertainment and educational events throughout the year. Stadium Arena Continued on page 2 Kim Gill Executive Director Plumbing-Heating-Cooling Contractors Association IN THIS ISSUE: Legislative Update Page 3 Legal Update Major Expansion of Overtime Pay Requirements Proposed Page 4 PHCC National Update Message from New PHCC National Association EVP Page 6 Risk Management Corner Page 7 PHCC Colorado Member/ Industry Night & Oktoberfest Page 8 Welcome New Members Page 8 Events & Education Page 9 School Partners Page 10 When Technicians Talk Too Much Page 11 Steve Coughran: Statement of Cash Flows Page 12 Industry Partners Page 13 PHCC Membership Application Page 15 A Smart Deal for Denver ... Continued from cover. The new venues at the NWC will include an Equestrian Center to attract national horse shows and competitions, a Livestock Event Center, an outdoor concert and festival pavilion, and an indoor farmers’ market featuring Colorado-grown products. Construction of the NWC will create 3,920 direct construction jobs and 2,350 associated jobs in retail, restaurants, and transportation. Livestock Center Colorado State University (CSU), Denver Museum of Nature & Science and History Colorado will expand facilities and programming at the NWC, creating a world-class hub for agriculture research, veterinary medicine and education. The NWC is positioned to become the center for agribusiness in the Rocky Mountain West. At full build out of the 270-acre NWC, there will be an estimated 6,000 direct jobs and 10,000 indirect jobs supporting advance food production, food safety, animal health, nutrition, and related agricultural industries. The new National Western Center will bring more than 100 new events to Denver and will attract one million new visitors each year. Over the next 30 years, NWC will generate $5.9 billion in new net spending and $315 million in new net sales tax revenue – which keeps taxes lower. Outdoor Concert Pavilion The ballot measure will also invest in the Colorado Convention Center, a major driver in regional tourism, to maintain Colorado’s position as a top destination for meetings and events. Enhancements to the convention center include showcasing the Rocky Mountains to give tourists a memorable experience that instills that they are in the great State of Colorado. Upgrades to the Colorado Convention Center will bring an additional $80 million in annual economic impact to the region. “In 2014, the Colorado Convention Center lost 236 major events because we did not have adequate or available space,” said Cindy Parsons, chairwoman of VISIT DENVER, Denver’s convention and tourism bureau. “Without raising taxes, this ballot measure will allow us to say yes to more convention organizers and meeting planners who want to host events in Colorado. And by capturing greater market share we’ll generate more tourism revenue to support local businesses and invest in our region.” Expo Hall The Plumbing-Heating-Cooling Contractors of Colorado is proud to support A Smart Deal for Denver, Measure 2C, which will connect Denver’s Western heritage to a prosperous future – without raising taxes. We are asking Denver voters to vote YES for A Smart Deal for Denver in November! Kim 2 © 2015 PHCC News & Views • Fall 2015 LEGISLATIVE UPDATE Pinnacol Assurance Seeks Feedback on Proposed Legislative Changes By Pete Kirchhof Pinnacol CEO Phil Kalin and VP of Communications and Public Affairs Edie Sonn approached business lobbyists and their clients about possible changes to the workers compensation statutes that would give them more flexibility to meet customer and market opportunities. They are NOT proposing privatization or any other proposals that would Pete Kirchhof Kirchhof Group, Inc. impact rates outside of the normal rate setting process. Rates are likely to stay flat or have a small reduction in the next year. Agent and policyholder customer satisfaction results remain very strong. Pinnacol also is internally re-focusing their teams to align with specific industries (i.e., oil/gas, construction etc.) to insure they are well-versed with those industries needs. They are proposing statutes be revised to give them some flexibility to serve existing customers with out of state employees, sell workman’s comp in some other states and partner with other providers through a separate for-profit sister company. The separate entity would be funded through a minority investment by Pinnacol and a majority investment by other partners. It would not impact workers comp reserves and would not impact their main mission of provider of last resort for the Colorado’s workers compensation program. They are currently prohibited from providing workers comp to Colorado based businesses with employees out of state and from forming partnerships with other providers that would allow for a full service approach to their policyholders. A final decision has not yet been made on if or when they will move forward. They plan to continue discussing these ideas with their agents, policyholders, labor, business leaders and legislators. Department of Revenue Proposes Revisions to Contractor Regulations Periodically, the Department of Revenue (DOR) Division of Taxation holds workshops to discuss with taxpayers potential changes in the Sales and Use Tax Procedure and Administrative Regulations. A workshop was held on June 25, where among other things, DOR proposed a review and possible changes to regulations regarding contracting including Contractor Exemption Certificates and Real Property Contractors. They suggested combining these rules into one rule that would treat contractors similarly to contractors in other states. Proposed changes would include: • Revised definitions for how real property and tangible personal property is taxed as it relates to contractors. • Examples of property DOR believes should be taxed differently: made-to-order items such as cabinets and pre-made countertops, as well as, appliances that are installed by a contractor. PHCC is participating in stakeholder meetings and providing input and formal comments. CDLE Update on Independent Contractor Classifications The Unemployment Insurance (UI) Stakeholders met in July with the CDLE Executive Director Ellen Golombeck and her senior team to get an update on several issues including education and outreach efforts to employers about the proper classification of independent contractors and status of the UI auditing pilot program. While these efforts have been well received and provide some guidance to employers, some stakeholders remain concerned about the broad statutory authority the department has with regard to these issues. There was also an update on the proposed new UI IT system which is funded by a federal grant and would update antiquated systems in Colorado and Wyoming. There is some concern with the current vendor and the states have issued a letter to the vendor requiring them to address those concerns within a certain timeframe. More detail will be provided at the next legislative Joint Technology Committee meeting this Fall. 2016 Elections As soon as the 2015 legislative session ended, 2016 candidate campaign contribution calls started. Thank goodness for caller-id so you can screen your calls. This is the uncomfortable side of politics but is critical to electing pro-business, pro construction legislators that can help us address issues like construction defects, capital construction allocations, transportation funding, workforce development, initiative reform Continued on page 9 News & Views • Fall 2015 © 2015 PHCC 3 LEGAL UPDATE Major Expansion of Overtime Pay Requirements Proposed By Sue Schaecher No doubt you have seen the headlines: the U S. Department of Labor (DOL) has proposed changing the overtime pay regulations so that employers will have to pay overtime to an estimated 4.6 million additional employees. These provisions are not yet in effect: the DOL has invited interested persons to submit comments on or before September 4 and will then issue final regulations. The proposed changes affect almost every employer. Sue Schaecher Attorney Fisher & Phillips, LLP 1801 California Street Suite 2700 Denver, CO 80202 The DOL proposes increasing the number of employees earning overtime pay by more than doubling the minimum salary requirement for certain exemptions to the minimum wage and overtime requirements under the Fair Labor Standards Act (FLSA). The proposed rule also provides for automatic annual updates of the salary level. To understand how these changes may affect them, employers should start by considering the amounts they pay to salaried employees. The “white collar” exemptions from the minimum wage and overtime pay requirements of the FLSA for administrative, executive, professional and computer employees generally applies when a three-part test is met. First, the employee must be paid a fixed salary that is not subject to reduction based on the quality or quantity of work. Second, the employee’s primary duties must be managerial or supervisory or require advanced knowledge, as described in the regulations. Third, under current regulations, the employee must be paid at least $455 per week ($23,660 per year) to be exempt from the overtime pay requirement. This salary level was set in 2004. Computer systems analysts, computer programmers, software engineers, and similarly skilled professional workers need not be paid overtime if they meet this salary test or if they are paid on an hourly basis of at least $27.63 per hour. Highly compensated employees – currently, those whose total annual compensation is $100,000 or more – need not be paid overtime if they regularly perform one or more of the exempt duties of an executive, administrative or professional employee. This article is provided for general information purposes only and does not constitute legal or other professional advice. Readers are advised to seek specific legal advice from qualified labor and employment counsel in relation to any decision or course of action contemplated. Under the proposal, the minimum salary requirement for administrative, executive, professional and computer employees would increase to $921 per week ($47,892 per year), exclusive of board, lodging or other facilities. This level equals the 40th percentile of earnings for full-time salaried workers according to Bureau of Labor Standards 2013 data, which the DOL plans to update in the final rule. The DOL states that if two percent growth between the first quarter of 2015 and the first quarter of 2016 is assumed, the 40th percentile weekly wage in the final rule would likely be $970 per week ($50,440 per year). By contrast, when the salary level was increased in 2004, it was raised to the 20th percentile of earnings. California and New York set overtime exemption thresholds under their state laws at $37,440 and $34,125, respectively. The salary level for exemption of highly compensated employees would increase to the 90th percentile of weekly earnings of full-time salaried workers, currently a total annual compensation of $122,148 or more. Continued on page 9 4 © 2015 PHCC News & Views • Fall 2015 Milwaukee Tool will pioneer the next industry-changing technology with the introduction of ONE-KEY™, the first digital platform for jobsite tools. By integrating industry-leading tool electronics with a custom-built cloud based program, ONE-KEY™ will provide a new level of control and access to information that will revolutionize the way work gets done. This will fundamentally change the way users interact with their tools, and help solve user problems and frustrations the industry has never before been able to address. “The first phase of ONE-KEY™ will deliver three core benefits that will have an immediate impact on productivity: tool control, inventory management and tool reporting,” says Christian Coulis, Vice President of Product Management for Milwaukee Tool. “The possibilities that ONE-KEY™ brings to the job-site are endless, and these benefits are not the end result, but just the beginning! The capabilities of the program will continue to grow and evolve, and for the first time, we will be able to deliver more and more features to our product even after it is purchased.” Coming in September 2015, Inventory Management will be the first component available through the web and mobile app, creating a central place for users to manage all of their tools and equipment across their network of jobs and operators. This free-to-use platform allows companies to keep detailed records of each tool, even non-Milwaukee brands, so they can easily build a budget and manage their annual spend on equipment. Managers are also able to assign locations or specific owners to each asset, providing accountability, and enabling easy information-sharing between the field and backoffice. As a cloud based solution, updates and edits will be synchronized real-time throughout all levels of an organization. In October 2015, Tool Reporting will be added to the ONE-KEY™ platform with the launch of M18™ FORCE LOGIC™ 6T Utility Crimpers. With the ability to wirelessly synchronize with the web News & Views • Fall 2015 based program, the user will be able to upload data and history to create custom reports that track the success and timing of electrical terminations. Furthermore, the ONE-KEY™ program will assist in tracking the utilization and service intervals of the tool to maximize uptime and keep inventory lean. The corner stone of the ONE-KEY™ platform, Tool Control, will be added in January 2016 with the introduction of new M18 FUEL™ Drilling and Driving products that will sync wirelessly to the ONE-KEY™ application. The ONE-KEY™ app will allow users to use pre-determined set-ups for specific fasteners and materials, or completely customize their own profile with torque and speed settings for the application at hand. With a touch of the button on the tool, users will be able to easily go back and forth between these saved profiles so that each application is done with the most accurate and productive settings. “If you think about the number of fasteners that require different speeds and torques, or the amount of repetitive applications that our users experience on a daily basis, there are hundreds of different tool profiles and setups that can be implemented,” says Coulis. “Tool Control will give users infinite customization capabilities for various applications, allowing them to make small tweaks that make a huge difference.” Available for initial download in September 2015, ONE-KEY™ will be accessible by computer from our website at www.milwaukeetool.com/ONE-KEY, or by a mobile app interface on compatible Android and iOS smartphones. ONE-KEY™ is a true testament to Milwaukee’s focus on the user and investment in game changing technology. Local Representative: Andrew Hawkins Phone: 303-980-5761 Email: [email protected] © 2015 PHCC 5 Message from New PHCC National Association Executive Vice President By Michael Copp, PHCC – National Association Executive Vice President Dear PHCC Members, I am honored to join you and this esteemed organization and build upon the great success that you and PHCC predecessors have achieved dating back to 1883. I am impressed with the tireless efforts all parts of PHCC—national, state and local—undertake each year to continuously increase the level of professionalism within our industry and protect the health and safety of the nation and the environment. My first official day on the job at the PHCC headquarters in Falls Church, Virginia, was Monday, October 5th. The week prior, I was introduced to PHCC members during CONNECT 2015 in Hollywood, Florida. During all of the meetings and activities, I was struck by how passionate PHCC members are about what they do and their contributions to the industry—and rightfully so. I experienced this kind of culture during my years with the National Association of Home Builders and the American Institute of Architects, and I am glad to be back with such a dynamic and dedicated group. • Address our challenges and opportunities in a unified manner. For example, the best way for us to tackle the workforce development issue is for everyone—members, chapters and industry partners—to work together to share and create solutions. • Recognize that many of the issues, concerns and industry opportunities are “local.” Therefore, we must appropriately position our local and state associations as “top of mind” resources for advocacy, education, recognition and networking; As I have told those I’ve met so far, I will be in “active” listening mode over the next few months as I get to know more about the culture of the organization and we begin setting the course for the next five years. I look forward to meeting the PHCC members across North America and learning more about what they are experiencing in their everyday lives. In the meantime, I thought it may be helpful to share some of my initial reactions based on what I’ve seen work successfully in my diverse career. • Cultivate sources of non-dues revenue that underwrites valuable benefits this organization provides; and • Support grassroots advocacy to defend the industry against regulations and legislation that adds costs to doing business and makes it more difficult for you to compete. Having managed my own small business after my military service and led most business units within for-profit and not-for-profit organizations, I believe that sustainable team success is achieved through constructive collaboration. I will leverage this sensibility to facilitate strategic parity between all PHCC-related groups who focus on enabling your business to thrive. Our challenge is to continuously deliver value as defined by you— value for which you renew you membership and tout as you help recruit new members and hence, expand PHCC’s reach across our industry. Driven by your constant feedback, we must: • Nurture long standing relationships built upon trust and cooperation that continuously preserve and protect our industry. This must be done through a boots-on-the-ground strategy that requires that we stand in front of someone, shake their hand, and listen; 6 • Crowdsource “just-in-time” ideas for education, advocacy, and content development, and not simply rely on ideas shared within feel-good satisfaction surveys—which I think Michael Copp are passive measures of success. PHCC National Association Executive Vice President You (and future members) define best what you need to immediately solve specific business challenges; Ultimately, the PHCC Federation’s success is mutually dependent upon the success achieved by each stakeholder within it. As President Chip Greene’s theme for the year states, we are focused on “Serving Our Customers.” I deeply appreciate the support I have received from outgoing EVP Gerry Kennedy, the national PHCC team and the warm wishes offered by several state and local PHCC leaders. I look forward to meeting all of you, too. In the meantime, if you have a thought you’d like to share, email me at [email protected]. Michael Copp Executive Vice President, PHCC National Phone: (703) 237-8100 [email protected] © 2015 PHCC News & Views • Fall 2015 ARE THERE HOLES IN YOUR UMBRELLA POLICY? When was the last time you reviewed your umbrella limits? Four years ago? Five years? More? That’s probably four or five years too many. Why? Can you name anything that costs less than it did five years ago? Probably not. That goes for legal costs and settlements too—they continue to increase exponentially. Accidents happen. How they happen and the outcome typically defines the extent of the damages. For example, picture a slip and fall incident at your business, then imagine the claim difference between “just” a broken arm and a claim that involves a head injury resulting in traumatic brain damage. Or, what might be the consequences if your employee driver was in a head-on collision with a single-occupant vehicle versus one carrying a family of four? It’s easy to grasp the difference in claim costs when comparing a serious accident to a less severe one. If you haven’t reviewed your umbrella limit recently, how confident are you it’s enough to cover claims? Are you ready to pay for what it can’t? Insurance is intended to help protect you after catastrophic events, but it can do so only if you have purchased adequate limits. If it’s time for a policy review, don’t wait. Your provider should look at your umbrella limits; examine your exposures (large auto fleet, potentially hazardous product, etc.); and help you determine the business and personal assets you could lose, social responsibility, requirements of vendors or others you do business with, and any unique situations that should be taken into account when determining your policy limit. If you don’t have an umbrella, adding one now may be more important than ever. Ask your provider to explain the advantages and help you determine the limits you may need to protect the business you’ve worked so hard to build. As your association’s recommended insurance carrier, Federated Insurance is also ready to help you make sure your umbrella policy provides adequate coverage. News & Views • Fall 2015 © 2015 PHCC 7 PHCC Colorado Member/Industry Night & Oktoberfest On Tuesday, September 15, nearly 100 industry supporters, contractors, PHCC members and trade school representatives gathered to enjoy brats and beer, network and discuss how we will attract, retain and train our future workforce. A panel of speakers, led by moderator Steve Coughran, president, Coltivar Consulting, included: Reanna Werner, talent manager, Heating & Plumbing Engineers; Kevin Tindall, president, PHCC National and owner, Tindall & Ranson Plumbing & Heating; Sarah Heath, assistant provost CTE, Colorado Community College System; Emily Templin Lesh, assistant director Policy & Industry, Colorado Workforce Development Council. THANK YOU SPONSORS: PREMIER EVENT AGC Colorado CAD-1 Cherry Creek Insurance Group Honeywell FOOD Milwaukee Tool Xcel Energy Chris Porter, CAD-1, and Kathryn Wirkus, Constituent Services Representative, Congressman Perlmutter’s office, ask questions about veteran opportunities. Johnson Auto Plaza NIBCO Attendees enjoy cocktails with colleagues before presentation. Left to right: Kim Gill, CAMPC; Reanna Werner, Heating & Plumbing Engineers; Kevin Tindall, PHCC National; Steve Coughran, Coltivar Consulting; Sarah Heath, Colorado Community College System; and Emily Templin Lesh, Colorado Workforce Development Council Welcome New Members! 8 CONTRACTOR MEMBERS CONTACT PHONE WEBSITE Altitude Comfort Heating & Air Plumb Pros Precision Plumbing & Heating QwikPlumb, LLC Douglas Mills Felipe Ramos Sara Delp Ben Startzer 303-505-3406 303-437-1911 720-626-4858 720-580-3080 www.altitudecomfort.com www.plumbprosinc.com www.precisionplumbing.com www.qwikplumb.com INDUSTRY PARTNERS CONTACT PHONE WEBSITE Barnett Pro Contractor Supplies Coscia Communications Hub International Insurance Services, Inc. Steve Sisneros Steve Coscia Joseph Trease 303-340-0947 610-853-9836 720-270-2420 www.ebarnett.com www.coscia.com www.hubinternational.com TRADE SCHOOLS CONTACT PHONE WEBSITE Construction Industry Training Council Intellitec College Lincoln College of Technology Pickens Technical College Red Rocks Community College Cori Gerlitz Ivan Smith Joe Nuanes Michael Klouser Larry Snyder 303-893-1500 719-632-7626 303-722-5724 303-344-4910 303-914-6600 www.citcinc.org www.intellitec.edu www.lincolntech.com www.pickenstech.org www.rrcc.edu © 2015 PHCC News & Views • Fall 2015 EVENTS & EDUCATION For more information about programs listed below, visit our website at www.campc.org or contact Kim Gill at 303-757-3956 or [email protected]. PHCC Members are Colorado Safety Association (CSA) Alliance members and receive alliance member pricing at www.coloradosafety.org. You also have access to some AGC/C classes at member pricing. Use Code CAMPC15 when registering at www.agccolorado.org. EDUCATION & TRAINING DATE TIME LOCATION INFORMATION Making Raving Fans - How One Company Increased Revenues by 300% with a GREAT Service Strategy October 21-23 1:00 - 2:00 pm FREE Member Webinar www.phccweb.org PHCC National Construction Contractors’ October 21-23 Alliance (CCA) Fall Meeting Marines Memorial Club & Hotel San Francisco, CA www.phccweb.org How to Hire, Hold Onto and Heighten the Leaders of Tomorrow AGC Education Center* www.phcccolorado.org October 27 7:30 - 9:30 am Project Management Essentials October 28-30 8:00 am - 4:00 pm AGC Education Center* www.agccolorado.org (Member pricing code: CAMPC15) Maintenance Agreements - The Contractors Golden Goose FREE Member Webinar www.phccweb.org Welshire Event Center 3333 S. Colorado Blvd., Denver, CO 80222 Ann Woosley at 303-757-3956 or [email protected] AGC Education Center* www.phcccolorado.org November 4 1:00 - 2:00 pm November 7 6:30 pm CAMPC Holiday Party Journeyman/Master Plumber Exam Prep Class November 7, 14, 21 8:00 am - 4:00 pm November 30- APMO ASSE 5110 Backflow Tester December 4 Training and Certification Class Construction Industry www.phcccolorado.org Training Council 646 Mariposa Street, Denver, CO * AGC Education Center is located at 686 Mariposa, Denver Legislative Update ... Continued from page 3. Legal Update ... Continued from page 4. and budget/TABOR issues. MCA is reviewing proposed industry contributions through the CAMPC PAC, personal contributions, and participates with our partners in co-sponsored industry/business state and local fund raising events for supporters of our issues. This month, MCA and our members in Colorado Springs hosted an event for former Rep. Bob Gardner, a Republican candidate from Colorado Springs who was term limited in the House but is now seeking the open Senate District 12 currently held by President Bill Cadman who is leaving due to term limits. Because Republicans have an overwhelming registration majority, the primary will be the race in 2016. Gardner faces controversial freshman Rep. Gordon Klingenschmitt (R) El Paso. Gardner was a strong supporter of business during his time in the House. Additionally, the DOL is proposing that the salary levels be automatically updated every year to a rate to be determined by the DOL and published at least 60 days before its effective date. The updates would be calculated either by maintaining the levels at a fixed percentile of earnings or by updating the amounts based on changes in the Consumer Price Index. News & Views • Fall 2015 Any employee who earns less than the limit will have to be paid overtime for hours worked in excess of 40 during the workweek, regardless of the nature of the work they perform. Employees who earn more will still need to meet the duties tests. While the DOL did not offer proposed changes to the duties tests, it invited comments on the current requirements and whether changes should be made. Republican senators have urged the DOL to extend the comment period while congressional Democrats have urged implementation without delay. It is difficult to predict when final regulations may become effective, but they are expected before President Obama leaves the White House. In the meantime, employers should be considering the potential impact on their workforces and whether alternate, FLSA-compliant pay plans are available that would better serve their needs. © 2015 PHCC 9 Thank You to Our New School Partners for Joining and Supporting PHCC Colorado Construction Industry Training Council Pickens Technical College PHCC Colorado is a sponsoring member of CITC, providing member rates on apprentice training for PHCC contractors. There are six apprenticeship programs including: Plumbing, Pipefitting, Electrical, Sheetmetal, Carpentry and Bricklaying. CITC is accredited through the Emily Griffith Technology College. They are also registered with the U.S. Department of Labor, Office of Apprenticeship and Training (OAT, formerly known as BAT.) Contact: Cori Gerlitz, Executive Director 646 Mariposa Street, Denver, CO 80204 Email: [email protected] Phone: 303-893-1500 Visit: www.citcinc.org Pickens Technical College has a special relationship with the Community College of Aurora, as well as with many different high schools throughout Aurora, Colorado. Students who wish to earn an AAS can begin their degree at Pickens Technical College by completing technical classes for specific occupational certificates. Once these classes are completed, they can continue to take general education courses and other requirements at CCA. When the appropriate number of courses is completed, the student will earn an AAS degree by CCA. Contact: Michael Klouser, Assistant Director 500 Airport Blvd., Aurora, CO 80011 Email: [email protected] Phone: 303-344-4910 Visit: http://www.pickenstech.org Intellitec College Red Rocks Community College IntelliTec Colleges in Colorado are career-focused technical colleges and trade schools providing hands-on, career-focused training. They produce skilled, employable graduates with an Associate of Occupational Studies Degree programs in Refrigeration and HVAC. Locations: Colorado Springs, Grand Junction and Pueblo. Contact: Ivan Smith, Program Chair for the Heating Ventilation and Air Conditioning program Intellitec Colleges – Main Campus 2315 E. Pikes Peak Avenue, Colorado Springs, CO 80909 Email: [email protected] Phone: 719-632-7626 Visit: www.intellitec.edu Lincoln College of Technology Lincoln College of Technology’s Heating, Ventilation and Air Conditioning (HVAC) classes prepare students for a career in the trades. This 213,000 square-foot Denver school is equipped with industry standard tools and machines to practice HVAC skills, including Hampden Trainers and an Energy Audit Training House. Red Rocks Community College offers certificate and degree programs in HVAC, Refrigeration, Air Conditioning, Forced Air Heating, Controls, and Plumbing. These programs provide the knowledge and skills needed for entry-level installation and maintenance positions, as well as, upgrading and refresher courses for those already employed in the field. Contact: Larry Snyder, Department Lead and Advisor for HVAC/R and Plumbing 13300 West 6th Avenue, Lakewood, CO 80228 Email: [email protected] Phone: (303) 914-6306 Visit: www.rrcc.edu Each school has opportunities for contractor involvement including: speaking in classes, career fairs, PAC meetings and input for developing curriculum and programs. Please contact the school representative to get more involved! Contact: Joe Nuanes, Education Supervisor of HVAC-R & Welding 11194 E. 45TH Avenue, Denver, CO 80239 Email: [email protected] Phone: 303-722-412-8420, ext 43060 Visit: www.lincolnedu.com/campus/denver-co 10 © 2015 PHCC News & Views • Fall 2015 When Technicians Talk Too Much By Steve Coscia Service companies provide more than skilled labor. A technician is given a sacred trust when he or she enters the home or business of a valued customer. The customer’s only concern is satisfaction. When a technician conveys too much information to a customer, it’s called editorializing. This extra information adds no value and it detracts from customer satisfaction. Every word and nuance conveyed can be misinterpreted and potentially negatively impact the relationship with the customer. A quick example of editorializing is when a technician arrives late and says it’s because “the office gave me the wrong address.” This is more than the customer needs to know. In addition, it can tarnish the company’s reputation. Upon entering a business a technician might ask, “Where is the mechanical room?” or other related questions regarding the equipment. In the customer’s mind, there exists a congruity between the question and the purpose of the service call. When the customer’s expectation and service delivery are congruous the relationship is stable and a rapport develops. “How Old is Your Daughter?” is a question that caused some grief for Tony, a young technician in one of my recent customer service training seminars. He admitted that during a residential service call, his stable relationship with a customer was broken when he noticed the customer’s teenage daughter and asked out of curiosity, “How old is your daughter?” The customer’s subsequent behavior made it apparent to Tony that this was a big mistake. We were all able to laugh about it during the training seminar, however Tony made it abundantly clear there was nothing to laugh about when he returned to the shop and the customer had phoned Tony’s boss demanding Tony never be sent to their home again. Needless to say, Tony was reprimanded by his boss about social boundaries and potential legal implications. Did Tony learn his lesson? You bet. The “Less is More” paradigm applies in most business communication. The filters through which customers hear others are based on their biases and assumptions. Since personal biases run deep, it doesn’t take much for emotions to escalate when someone crosses the line into perceived socially unacceptable behavior. The best p-h-c companies recognize that employees such as Tony need to Steve Coscia be taught about personal interaction Coscia Communications and communications skills. If they are unsure whether to say the words on the tip of their tongue, it’s better to just keep quiet. The wrong message can result in a business disaster. Tony’s boss used this event to train and mentor all his employees in verbal and non-verbal communication and customer touch points. A customer touch point is an event during which a customer comes into contact with your business. Touch points include your website, the logo on the side of your trucks, your front-line phone reps, your promotional materials and your service technicians. Tony, whether he knew it or not, was a touch point. Keeping your current customers satisfied costs less and is much easier than finding new ones. If you want to keep customers happy and differentiate from the competition, invest in customer service and soft skills training for your employees. If you do, they will serve your customers with patience, courtesy and professionalism to help you achieve a world-class service culture. Steve Coscia helps Plumbing and HVACR companies make more money through increased customer retention, improved upselling and reduced on-the-job stress. He is the author of the HVAC Customer Service Handbook. A best selling author, columnist and customer service specialist, Steve presents keynote speeches and facilitates HVACR customer service workshops. To learn more about Coscia Communications go to www.coscia.com or contact Steve Coscia at 610-853-9836 or [email protected] Members Helping Members Larry Bell, Bell Plumbing & Heating (left), and Rod Henrichsen, Northern Colorado Plumbing & Drain (right) pose, after touring Bell’s showroom and facility in Aurora, in front of a car resembling the first one used by Bell Plumbing & Heating in the 1920s. News & Views • Fall 2015 © 2015 PHCC 11 Statement of Cash Flows: Red Headed Step Child or Company Hero? By Steve Coughran When I was pursuing my undergraduate degree in accounting, my courses glorified the income statement as the “allknowing” document. The balance sheet too, though slightly less emphasized, was considered an integral piece of evidence to indicate company health. After graduating and initiating my career at Ernst and Young, as auditors, we relied almost solely on balance sheet information. The balance sheet proved an easy indicator to ensure that our respective accounts would tie. As I have progressed in my career as a multi-industry consultant, I have found that these two financial statements, though important, pale in comparison to the transparent statement of cash flows. Cash is king. No one can deny this. Nothing feels better than having enough cash to cover operations. For some reason, however, the statement of cash flows is treated like the redheaded stepchild of the financial world. The statement requires a higher level of financial acumen and a little more time to decipher, causing people to dismiss it. In my experience, businesses seeking to advance to the next level must have a solid understanding of the statement of cash flows in order to gain a clear view on their company’s well-being. A previous article that I wrote entitled “What EBIDTA Conceals and Cash Flow Reveals” specifies the shortcomings of EBITDA. The article emphasizes EBIDTA as an incomplete financial measure because of the easy manipulation that can occur to misrepresent a company’s financial story. Operating cash flow is the true metric of a company’s financial condition. There is no way to manipulate the numbers. Operating cash flow starts with net income and is calibrated based on adjustments to net-income from non-cash items such as depreciation, amortization, and other gains and losses on assets. Steve Coughran Changes in working capital such as Coltivar Group fluctuations in accounts receivable, accounts payable, or other asset or liability accounts reflect the true economic increases and decreases in cash flow. Cash flow, not profits, are the lifeblood of any business. Seventy percent of businesses are profitable when they close their doors. A company can be highly profitable, but if their money is tied up in accounts receivable, the business quickly becomes insolvent. My mission is to educate business leaders to realize the true impact that cash flows can have on their businesses from an operating and financing perspective. If your company is only focused on the income statement, you must shift perspectives to see the different, more lucid story your numbers are telling you. Why does a company’s income statement reflect profitability when their bank accounts have run dry? Evaluating cash flow is crucial because the implications are serious. A company that fails to understand can run out of cash or invest itself out of cash. Without a solid cash flow strategy, a business simply cannot survive. Perhaps the statement of cash flows is less the red-headed step child and more the company hero. HOW TO: Hire, Hold On To, and Heighten the Leaders of Tomorrow OCTOBER 27, 2015 • 7:30 - 9:00 AM • AGC EDUCATION CENTER Presented by Steve Coughran, Coltivar Group • Understand the financial and opportunity costs incurred when hiring processes are ineffective and managers are unprepared. • Learn how to implement an effective hiring process that extracts a candidate’s skill set, attitude, and emotional intelligence, including example interview questions and tips for interview best practice. • Discover what employees value in the workplace and how to increase employee satisfaction to boost engagement. For more information or to register, go to CAMPC.org 12 © 2015 PHCC News & Views • Fall 2015 SUPPORT OUR INDUSTRY PARTNERS WHO SUPPORT US! CHAMPION Federated Insurance Brian Roussel Ph: 507-455-5704 www.federatedinsurance.com ADVOCATE (continued) SUPPORTER (continued) SUPPORTER (continued) Woods & Aitken, LLP Kory George Ph: 303-606-6700 www.woodsaitken.com Honeywell Sue O’Dell Ph: 303-881-4653 www.honeywell.com Viega LLC Brad Sturgill Ph: 800-976-9819 www.viega.us SUPPORTER Hub International Insurance Services, Inc. Joseph Trease 720-270-2420 www.hubinternational.com Anchor Network Solutions Vince Tinnirello Ph: 303-904-0494 www.anchornetworksolutions.com FloodPros Lane Larsen Ph: 303-330-6068 www.gofloodpros.com Barnett Pro Contractor Supplies Steve Sisneros 303-340-0947 www.ebarnett.com Milwaukee Tool Andrew Hawkins Ph: 303-980-5761 www.milwaukeetool.com ADVOCATE CAD-1, Inc. Stan Hennigh Ph: 303-428-2706 www.cad-1.com Marshall Rodeno Associates Brian Rodeno Ph: 303-575-6701 www.marshallrodeno.com NIBCO Chris Bleile Ph: 800-234-4642 www.nibco.com RKR Manufacturers Representatives Paul Prutch Ph: 303-321-7610 www.rkrnet.com United Rentals, Inc. Dennis Walker Ph: 303-576-3510 www.ur.com News & Views • Fall 2015 Buche & Associates Peter Buche Ph: 303-934-4969 www.buchecarmco.com Cherry Creek Insurance Group Stephanie Anderson Ph: 303-799-0110 www.thinkccig.com ColtivarConsulting Steve Coughran Ph: 303-434-2259 www.coltivar.com Contact Sales Bill Smith Ph: 303-232-5515 www.contactsalescompany.com Coscia Communications Steve Coscia 610-853-9836 www.coscia.com Ferguson Enterprises Chris Cline Ph: 303-739-8000 www.ferguson.com Golden Bell Press Mike Branigan vxPh: 303-296-1600 www.goldenbellpress.com WennSoft Inc. Mark Huntsman Ph: 262-821-4100 www.wennsoft.com Wholesale Specialties Bryan Schiff Ph: 303-296-2212 www.wholesalespecialties.com Johnson Auto Plaza Chris Maneotis Ph: 303-654-1940 www.johnsonautoplaza.com Xcel Energy Bob Macauley Ph: 303-294-2675 xcelenergy.com KM Sales, LLC Ryan Kindsfather Ph: 303-292-1355 www.km-sales.com TRADE SCHOOLS Mueller Industries Chris Pyle Ph: 901-753-3200 www.muellerindustries.com Imprints Littleton Doug Mast Ph: 303-979-6633 www.imprintslittleton.com Rampart Plumbing & Heating Supply John McCallum Ph: 719-471-7200 www.rampartsupply.com Refrigerants Inc. Chad Schnuelle Ph: 303-629-1222 www.refrigerantsinc.com Construction Industry Training Council Cori Gerlitz 303-893-1500 www.citcinc.org Intellitec College Ivan Smith 719-632-7626 www.intellitec.edu Lincoln College of Technology Joe Nuanes 303-722-5724 www.lincolntech.com Shyne & Associates Steve Stone Ph: 303-722-1300 www.shyneassociates.com Pickens Technical College Michael Klouser 303-344-4910 www.pickenstech.org TM Sales Tom Meek Ph: 303-375-1515 www.tmsalesinc.com Red Rocks Community College Larry Snyder 303-914-6600 www.rrcc.edu Tyler Pipe & Coupling A Division of McWane Brian W. Gardner 903-941-0884 www.tylerpipe.com © 2015 PHCC 13 Industry Partners Federated Insurance and Milwaukee Tool proudly sponsor PHCC Membership. Contact us today to find out how you can save an additional $200 of COLORADO on your new member dues. Kim Gill 303-757-3956 [email protected] www.PHCCColorado.org MORE THAN 130 YEARS OF INNOVATION Experts Pursuing Excellence 14 © 2015 PHCC News & Views • Fall 2015 Membership Application Plumbing-Heating-Cooling Contractors of Colorado Membership is open to any individual proprietorship, partnership or corporation engaged in plumbing, HVACR or mechanical contracting with an established business in the state of Colorado. General Information Company Mailing Address Physical Address Billing Address Phone Website Year Founded Join Date City State Zip City State Zip City State Zip Toll Free Number of Employees Fax Other Offices Company Name (if different from primary name) Address City Contact Title Phone State Fax Company Contacts Zip Toll Free Name Title Email Phone Email* o o o o o o o Primary: HR / Benefits: Bus.Dev. / Mktg.: Education / Training: Estimating: Project Manager: Safety / Environ: *Check to include in email distributions. Online Membership Directory Company Description Describe the type of work or service you provide. (20 words or less please.) Membership Profile Primary Type of Work (Check all that apply) o Air Conditioning o Heating o Plumbing Fields of Work (Check all that apply) o Radiant Heat o Solar Heat o o Residential Service and Repair o Residential Remodel o Residential New Construction Commercial Remodel o Commercial New Construction o Institutional o Industrial Please select a single “Primary Field of Work” from the choices above: Type of Shop o Dual o Union (Signatory Contractor) Reason for Joining o News and Information o o Other Status o MBE o WBE o SBE o Veteran-Owned o Networking o 8A o o Education/Training o Discount Programs LEED Certified How did you hear about the PHCC Colorado? o I am a Former Member o Mailer o Industry Reputation o o Member: Who? o Website/Email PHCC Staff PHCC 1114 W 7th Ave, Suite 250 Denver, CO 80204 (p) 303.757.3956 News & Views • Fall 2015 Commercial Service and Repair Open Legislative Influence o o © 2015 PHCC o (f) 303.757.4313 Other www.phcccolorado.org 15 Membership Application Plumbing-Heating-Cooling Contractors of Colorado PHCC Dues Effective Date November 2013 Annual dues are based on volume of work completed for the previous year. Contractor Membership Less than 250,000 $250K - $499K $500k - $999K $1M - $3.99M $4M - $9.99M Over $10M $785.00 $895.00 $995.00 $1,195.00 $1,295.00 $1,395.00 Introductory Contractor Membership Dues* dues are the full amount. Less than 250,000 $250K - $499K Year 1 $537.50 $647.50 Year 2 $661.25 $771.25 $500k - $999K $1M - $3.99M $4M - $9.99M Over $10M $747.50 $947.50 $1,047.50 $1,147.50 $871.25 $1,071.25 $1,171.25 $1,271.25 *Intro offer only available to companies that have never been PHCC members. Volume of Business Less than 250,000 $250K - $499K Payment Information Check Enclosed For $ Bill Credit Card For $ PHCC Membership Levels: $500k - $999K $1M - $3.99M Contractor $4M - $9.99M Over $10M Two-Year Introductory Contractor (Make dues payable to PHCC) Expiration CVV (Visa, MasterCard; Discover or AMEX) Credit Card Number Cardholder’s Name Zip Cardholder Signature code of ethics, and by-laws of the association. Signature Date PHCC 1114 W 7th Ave, Suite 250 Denver, CO 80204 (p) 303.757.3956 16 © 2015 PHCC (f) 303.757.4313 www.phcccolorado.org News & Views • Fall 2015