Market Recovery Intent to Use Form

This form is not for requesting target money. Use Industry advancement form for target money.
  • Guidelines

    1. Effective Date July 1, 2012 Ending Date June 30, 2015.

    2. Market Recovery Journeymen are the only employees allowed to work for reduced rate. Under no circumstances will there be any other reduced rates for current employees.

    3. This memorandum covers all bid work in new or existing buildings or jobsites of bids of 2000 hours or less in the Western 10 Counties, plus Steele, Waseca, and Blue Earth Counties.

    4. This memorandum covers all bid work in new or existing buildings or jobsites of bids of 1000 hours or less in the following counties: Dodge, Fillmore, Freeborn, Goodhue, Houston, Mower, Olmsted, Wabasha, Winona.

    5. This memorandum also does not apply to any work covered by either federal or state prevailing wage rates, bidding solely against signatory contractors, work presently serviced or controlled by signatory contractors or a project labor agreement.

    6. The employer shall notify Local 343 of their intent to use this memorandum of understanding prior to starting the job.

    7. Employers must report hours and the project name to Local 343 weekly.

    For complete list of rules see the Memorandum of Understanding on Market Recovery. Contact NECA or IBEW local 343 to receive the complete Market Recovery Program.
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