Jill Bloom speaks with Trent Cotney of Adams of Reese in this latest podcast of If Walls Could Talk. This time around, the two speak about EIFS and primarily what is going on with the system in New York. The city has banned the use of EIFS, claiming fire concerns.
“It’s interesting that that kind of went into effect in New York City,” said Cotney. “Just surprised that they put a ban on a very well known and effective exterior finishing system.”
Cotney explains that with any application of EIFS, there can be concerns about water intrusion but going back to the fire issue, contractors need to have the appropriate building materials in place to ensure a successful application.
“This is unique because I’ve seen contractors stop using it because of risk of potential liability but rarely have I seen a government entity say they would no longer use a type of system,” Cotney said.
Listen more to Cotney’s breakdown of what he believes is going on.
He also discusses top line sales and collections. The new theory, he says, that is going on with accounts receivable is far segmentation, which looks at taking your best accounts receivable people and having them focus on the “high at-risk” accounts.