IAP & Financial Guarantee Administration
GBCA provides administrative oversight for the association’s Industry Advancement Program (IAP) and its financial guarantee for payment of fringe benefit funds. The IAP is administered solely by GBCA and used specifically for the advancement of the local construction industry.
The IAP is established within most collective bargaining agreements and mandates that employer contributions shall be paid for each employee working under that agreement. The IAP provides the resources to carry out much-needed industry-wide programs that benefit the construction industry and GBCA members.
IAP-funded initiatives benefit many segments of the construction industry, and the public sector has also benefited from GBCA’s involvement in labor and industry relations, safety, education, apprentice training, advocacy, market development and research.