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January 23, 2013

Colorado’s Small to Mid-Sized Companies Are Seeing the Most Economic Growth, According to Denver’s Chief Economist

The State of the Economy in the Colorado Construction Industry

DENVER, Colorado — January 23, 2013 — According to the Chief Economist at the Denver Office of Economic Development, small to mid-sized companies with 25-100 employees are currently adding the highest number of jobs in the state.

“Small firms adding one or two employees — that is really how the economy grows,” said Jeff Romine, Chief Economist at the Denver Office of Economic Development.

Twenty-five of Colorado’s contractors and suppliers gathered on January 15th at The Independent Electrical Contractors Rocky Mountain (IECRM) in Denver, to listen to The State of the Economy in the Colorado Construction Industry, a seminar and Q&A forum hosted by IECRM, and moderated by Colorado Business Bank and Bauerle and Company. Speakers at the event were: Jeff Romine, Chief Economist and Strategic Advisor for the Denver Office of Economic Development; Sam Bailey, Manager for Business Retention and Expansion within the Governor’s Office of Economic Development and International Trade; Phil Soderborg, Business Development Manager for GE Johnson Construction Company; and Damian Ederhoff, CPA at Bauerle and Company.

Bailey spoke at length about the state’s focus on developing Colorado as a “vital opportunity to relocate,” and about the ongoing work inside the Governor’s Office to help contractors develop the state’s vacant, unused properties, into functional work spaces for relocating companies. This relocation theme was also echoed by Romine.

Advice to Colorado’s contractors came from Phil Soderborg, Business Development Manager for GE Johnson Construction Company, who urged contractors to get involved with nonprofits. GE Johnson’s involvement with the Boys & Girls Club and Veteran’s Passport to Hope has been rewarding, and has also landed the company an impressive amount of new business.

Damian Ederhoff, CPA at Bauerle and Company, led a helpful Q&A session that included financial and tax advice.

To sign up for a future, free seminar at IECRM in Denver, please visit www.iecrm.org. To learn more about IECRM, becoming a member or partner of the trade association, or about electrical apprentice training and continuing education opportunities, please visit www.iecrm.org or call (303) 853-4886.

IECRM Self-Pay Tuition Policy

 

Self-pay students who are employed with a member company must register and pay through the member company using the IECRM Flashpoint Enrollment Portal/Process in order to qualify for member rates.

Self-pay students that are employed with a member company but that do not register and pay through the member will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who are employed with a member company and require a payment plan will not qualify for the member rate and will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who do not work for a member company will continue to be charged the non-member rate for tuition, books and applicable fees.


To maximize association/membership benefits, ALL member companies are encouraged to register and pay for all enrolled apprentices utilizing internal payment arrangements and processes between employer and employee.


We value our IECRM members and apprentice community. We encourage all apprentices to be enrolled in the four-year apprenticeship program, earning, and learning their way toward Journeyworker licensure. We encourage all members to utilize the member discount for tuition, books and applicable fees to ensure the long-term support and success of the next-generation electrician.


(Payment Plans are available, please reference the Self Pay Payment Plan Policy.)


Self-Pay Payment Plan Policy


We offer the following arrangements for students that are unable to pay in full at the time of registration.


● Self-pay students will be charged the non-member rate.
● A 50% down payment of total semester tuition, books and applicable fees are due at registration.
● Remaining balance can be divided up to 3 additional monthly payments ($10.00 processing fee applies on each installment)
● All payments that are declined will incur a $20.00 NSF fee.

 

We encourage all students who are employed with a member company to work with their employer to register and pay through the IECRM Flashpoint Enrollment Portal/Process. This will ensure the student is paying the lowest possible rate for tuition, books and applicable fees.